2004 Honda Element Depreciation
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2004 Honda Element
A 2004 Honda Element has a current resale value of $4,336 and trade-in value of $2,943.
A 2004 Honda Element has a current resale value of $4,336 and trade-in value of $2,943.
The 2004 Honda Element is in the top 10% for depreciation among all 2004 SUVs.
2004 Honda Element Annual Depreciation
Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
|---|---|---|---|---|---|
2022 | + $465 | $4,298 | $2,984 | ||
2023 | $525 | $3,773 | $2,377 | ||
2024 | + $353 | $4,126 | $2,654 | ||
Now | + $210 | $4,336 | $2,943 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
2004 Honda Element Depreciation
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Managing 2004 Honda Element Depreciation
Get the most out of your car when it's time to sell or trade. Check out our expert tips below to minimize depreciation and help keep your car's value higher.
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FAQs
According to Kelley Blue Book, a 2004 Honda Element depreciated about -1% over the last three years. Generally the 2004 Honda Element is in the top 10% for depreciation among all 2004 SUVs. However, depreciation can vary depending on vehicle condition and mileage.
According to Kelley Blue Book, the 2004 Honda Element is in the top 10% for depreciation among all 2004 SUVs. Over the last 3 years it retained 101% of its value.
A 2004 Honda Element has depreciated an average of about N/A per year for the last 3 years. It has dropped a total of N/A in value in that time and has a current resale value of $4,336 and a trade-in value of $2,943. Generally the 2004 Honda Element is in the top 10% for depreciation among all 2004 SUVs.
A 2004 Honda Element has depreciated -1% in the last 3 years and has a resale value of $4,336. Overall, the 2004 Honda Element is in the top 10% for depreciation among all 2004 SUVs.
A 2004 Honda Element has depreciated -1% over the last 3 years on average. There are various factors that can impact this, however, including vehicle condition, mileage, and your location.