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2007 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 2007 Honda Element has other costs in addition to financing costs. These 2007 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.
2007 Element Ownership Costs
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| YEAR 1 | YEAR 2 | YEAR 3 | YEAR 4 | YEAR 5 | 5 YR TOTAL |
| Depreciation | $3,236 | $1,893 | $1,540 | $1,832 | $1,741 | $10,242 |
| Financing | $1,076 | $864 | $639 | $400 | $147 | $3,126 |
| Insurance | $1,499 | $1,499 | $1,499 | $1,499 | $1,499 | $7,494 |
| State Fees | $92 | $63 | $63 | $58 | $58 | $334 |
| Fuel | $908 | $998 | $1,096 | $1,203 | $1,321 | $5,526 |
| Maintenance | $57 | $88 | $200 | $617 | $200 | $1,162 |
| Repairs | N/A | N/A | $71 | $154 | $312 | $537 |
| Cost Per Year | $6,869 | $5,404 | $5,107 | $5,763 | $5,278 | $28,421 |
| Hybrid Tax Credit | N/A |
| 5-Year Cost of Similar Vehicles | $33,103 |
| Difference | $4,682 |
| Value Rating | Excellent |
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Get Dealer Pricing
Shoppers who research online typically save more than $1000 over just going to the dealer.
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