How much is a 2007 Honda Element worth?
Across the used-car market, a 2007 Honda Element typically sells for roughly $3,500 to $8,000, depending on mileage, condition, trim level, and location.
What affects the value
Several factors influence how much a 2007 Element will fetch at sale. Understanding these variables helps buyers and sellers set realistic expectations.
- Mileage: Lower-mileage examples generally command higher prices because they have more life left and less wear on major components.
- Condition: Cosmetic condition, rust, accident history, and mechanical reliability impact value more than age alone.
- Trim level: LX and EX trims have different option packages; EX models typically fetch more, especially if equipped with added features or AWD.
- Drivetrain: All-wheel drive or four-wheel drive variants are usually valued higher in markets with snow or off-road needs.
- Maintenance history: Regular service and documented maintenance support higher pricing, particularly for timing-related components and major repairs.
- Accident history: Clean titles with no record of major repairs typically attract higher offers.
- Modifications: Minor, tasteful upgrades can help or hurt value depending on buyer tastes; major aftermarket changes may reduce price compatibility.
- Location and demand: Regional differences and seasonal demand (e.g., AWD in regions with harsh winters) can shift price ranges.
In short, price is a function of how many miles are on the odometer, the vehicle’s condition, the trim and drivetrain, and the market where it’s being sold.
Current price ranges for a 2007 Honda Element
Below are broad ranges you might see in typical used-car listings. These figures are approximate and should be used as a guide alongside valuation tools.
- Under 120,000 miles (often EX with AWD): roughly $6,000–$8,000
- About 120,000–150,000 miles: roughly $4,000–$7,000
- 150,000–200,000 miles: roughly $3,500–$5,500
Prices vary by region, availability, and vehicle condition. Always verify with current listings and valuation guides.
How to verify prices in your area
Use a combination of online valuations and live listings to determine a fair price in your market. Steps below help ensure you’re negotiating from a solid reference point.
- Check multiple valuation sources for the same vehicle (Kelley Blue Book, Edmunds True Market Value, and NADA Guides) to understand a fair range for your trim and mileage.
- Search current local listings (CarGurus, Cars.com, AutoTrader, Facebook Marketplace, Craigslist) for 2007 Elements with similar mileage and condition in your area.
- Note differences in features (AWD, EX trim, roof rack, interior condition) that may shift the price up or down.
- Consider incorporating inspection results and vehicle history reports (Carfax/AutoCheck) when negotiating.
- Account for taxes, registration, and potential repairs when comparing asking prices to your budget.
Using these sources together gives you a reliable baseline and helps you avoid overpaying for a car that may need costly repairs.
Summary
The value of a 2007 Honda Element hinges on mileage, overall condition, trim level, and drivetrain, along with local market demand. In typical markets, prices range from about $3,500 to $8,000, with well-maintained, low-mileage EX AWD models at the higher end. For an accurate, up-to-date figure, consult valuation guides (KBB, Edmunds, NADA) and compare current listings in your region, then adjust for any needed maintenance or repairs. A careful buyer or seller can navigate this aging model’s market by focusing on documented maintenance, clean titles, and realistic expectations about what the vehicle will need next.
How many miles can a 2007 Honda Element last?
A 2007 Honda Element can last for well over 300,000 miles with proper maintenance, though its lifespan depends heavily on factors like rust and the quality of upkeep. While the engine is known for its reliability, owners should anticipate potential costs for suspension and other maintenance as the vehicle ages.
Factors affecting life expectancy
- Maintenance: Regular oil changes, fluid flushes, and other routine maintenance are critical for longevity.
- Rust: Rust, particularly on the underside and suspension components like trailing arm mounts, is a major factor. Cars from areas with road salt may be more susceptible.
- Driving conditions: A car driven regularly and on highways may be more reliable than one with fewer miles that has been sitting for long periods.
- Repairs: Expect to eventually need repairs. Common areas include suspension parts like struts, control arms, and wheel bearings.
What to look for if buying one
- Service records: Ask for maintenance records to see how well the vehicle has been cared for.
- Rust inspection: A thorough inspection of the underside for rust is crucial. Surface rust is one thing, but deep or structural rust can be a deal-breaker.
- Professional inspection: Have a trusted mechanic inspect the vehicle before buying to identify any potential issues.
Is a 2007 Honda Element a good car?
The 2007 Honda Element is no speed demon, but it does offer peppy performance, with enough smoothness to make everyday commuting a pleasant experience. From behind the wheel, the Element feels as tall and boxy as it is.
What year Honda Element to stay away from?
What are the worst Honda Element years? If you're going to avoid a specific model year, the 2003 Honda Element has received more complaints from owners online than any other. Generally, though, the Element is a reliable and durable used car.
What is the value of a 2007 Honda today?
2007 Honda Accord Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| LX Sedan 4D | $21,520 | $5,181 |
| LX Coupe 2D | $21,870 | $6,257 |
| SE Sedan 4D | $22,220 | $5,300 |
| EX Sedan 4D | $23,945 | $4,858 |
