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2005 Honda Element Cost Of Ownership

If you buy a used SUV, you should expect to pay more than the usual retail pricing or a private-party price. The total cost of ownership of a 2005 Honda Element has other costs in addition to financing costs. These 2005 Honda Element ownership costs include insurance, depreciation, operating costs like fuel, maintenance and repair, and state registration fees. Select one of the options below to continue researching the subject.

2005 Element Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$2,350	$1,637	$1,787	$1,685	$1,645	$9,104
Financing	$746	$597	$441	$274	$99	$2,157
Insurance	$1,096	$1,096	$1,096	$1,096	$1,096	$5,482
State Fees	$100	$70	$65	$58	$58	$351
Fuel	$1,097	$1,179	$1,268	$1,363	$1,465	$6,371
Maintenance	$55	$86	$204	$644	$204	$1,193
Repairs	N/A	N/A	N/A	$254	$296	$550
Cost Per Year	$5,443	$4,665	$4,861	$5,374	$4,863	$25,207
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$28,272
Difference						$3,065
Value Rating						Excellent