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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	$2,588	$1,698	$1,905	$1,793	$1,727	$9,711
Financing	$803	$642	$474	$295	$106	$2,320
Insurance	$1,151	$1,151	$1,151	$1,151	$1,151	$5,754
State Fees	$105	$75	$70	$62	$62	$375
Fuel	$1,122	$1,207	$1,297	$1,394	$1,499	$6,519
Maintenance	$55	$86	$204	$644	$204	$1,193
Repairs	N/A	N/A	N/A	$277	$323	$600
Cost Per Year	$5,824	$4,858	$5,101	$5,616	$5,072	$26,472
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$29,537
Difference						$3,066
Value Rating						Excellent