For the same model year, dealers ask 48 points more than private sellers; NY is the cheapest state at -20% and TX the priciest at +75%; a four-wheel drive Element asks +29% against the median of its model year.
Honda Element price by model year
| Year | Typical price | Spread | Listings |
|---|---|---|---|
| 2011 | — | 9 | |
| 2010 | — | 13 | |
| 2009 | — | 12 | |
| 2008 | — | 19 | |
| 2007 | — | 20 | |
| 2006 | — | 26 | |
| 2005 | — | 24 | |
| 2004 | — | 22 | |
| 2003 | — | 20 |
Dealer or private seller
On the Honda Element the dealer markup works out at 48% over a private sale of the same year.
| Seller | Listings | vs median year | Average asked |
|---|---|---|---|
| Private seller | 322 | -4.4% | $5,834 |
| Dealer | 219 | +43.5% | $9,262 |
What a branded title costs
| Title | Listings | vs median year | Average asked |
|---|---|---|---|
| Clean title | 478 | +13.9% | $7,162 |
| Rebuilt | 36 | +38.4% | $8,622 |
| Salvage | 12 | -24.4% | $4,971 |
Branded titles are harder to insure, finance and resell, so check the exact car first: run its VIN against the records.
How fast price falls with mileage
Measured on the 2006 Element, the model year with the most listings, so age does not mix in. Between the 125–150k and 225–250k bands the asking price falls 34%.
| Mileage | Price drop | Listings |
|---|---|---|
| 125–150k miles | 18 | |
| 150–175k miles | 21 | |
| 175–200k miles | 10 | |
| 200–225k miles | 14 | |
| 225–250k miles | 14 |
Which options hold value
The single biggest swing on a Honda Element is drivetrain: 4WD asks +29% against the median of its own model year.
| Item | Option | Listings | vs median year |
|---|---|---|---|
| Drivetrain | Four-wheel drive | 310 | +28.5% |
| Drivetrain | Front-wheel drive | 131 | -1.3% |
| Transmission | Automatic | 476 | +15.5% |
| Transmission | Manual | 55 | +6.5% |
Where it's cheaper
States where the Honda Element asks least and most, measured against the national median for each model year. Most expensive is TX at +75%, cheapest NY at -20% — 94 points apart, which on a $6,000 car is roughly $5,652.
| State | Listings | vs national median |
|---|---|---|
| NY | 13 | |
| MN | 24 | |
| VA | 14 | |
| OH | 16 | |
| FL | 38 | |
| NM | 13 | |
| OR | 71 | |
| WA | 85 | |
| MA | 16 | |
| TX | 14 |
Asking prices are the market. What is that car worth?
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Frequently asked questions
How much does a used Honda Element cost?
The median asking price is $6,000 across 644 live listings. A 2003 asks about $4,500 and a 2011 about $11,995. The most listed year is 2006, at $6,000.
Is it cheaper to buy a Element from a private seller?
Yes. Against the median for the same model year, dealers ask 43.5% above and private sellers 4.4% below, a gap of about $3,329 on a 2010 at $6,950.
How much value does a Element lose per 25,000 miles?
About 10% of the asking price for every 25,000 miles on the 2006 Element, measured from the 125–150k band to the 225–250k band. To price one car by its year and mileage, use the Honda Element valuation tool.
How much less is a rebuilt-title Element worth?
In our 36 listings it is not a discount: rebuilt-title cars ask 38% more than the median for their model year.
Where is the cheapest place to buy a Element?
Of the states with enough listings, NY asks least at -19.7% against the national median, and TX most at +74.5%. On the typical $6,000 Element that spread is about $5,652.
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