By KBB Editors
Updated December 23, 2019
If you love traveling the great outdoors and need a smart, affordable vehicle to transport you and your many pieces of gear without hassle, the 2008 Honda Element will work for you.
New-age styling may not appeal to everyone. Also, there is no V6 option and the Element’s four-wheel-drive system is not designed for serious off-road adventuring.
No major changes for 2008.
Honda designed the Element to appeal to young male buyers. The original concept, in fact, was touted as a "rolling dorm room," designed to appeal to those with active lifestyles and a limited budget. Much to everyone’s surprise, the Element not only hit its target audience, it picked up a number of unexpected buyers ranging from single moms to retired couples and everyone in between. The 2008 Honda Element is attractive to these folks for a number of reasons. It’s economically-sized yet large-cargo friendly, and the rear seats can be folded flat to create a two-person bed. The Element also gets good gas mileage, even when equipped with the optional four-wheel-drive system.
2008 Honda Element pricing starts at $7,021 for the Element LX Sport Utility 4D, which had a starting MSRP of $21,015 when new. The range-topping 2008 Element SC Sport Utility 4D starts at $6,883 today, originally priced from $23,410.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$21,015 | $7,021 | |||
$23,025 | $7,313 | |||
$23,410 | $6,883 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2008 Honda Element models in typical condition when purchasing from a dealership. These prices are updated weekly.
The Element’s 2.4-liter engine is very smooth for a four-cylinder and quite strong for its size, with a good deal of torque for pulling and passing. The Element will easily cruise at 75 mph, and even accelerate up a highway grade in fifth gear. The Element’s ride and handling characteristics are much more akin to an Accord sedan than a truck-based SUV. Once we adjusted to the long dash and squared-off hood, we found it easy to dart in and out of traffic and take sweeping curves and sharp turns with confidence. The steering and brakes operate with precision and predictable response, returning excellent feedback under all driving conditions.
From the dash-mounted shift lever to the fold-flat rear seats that can be flipped up and secured to the sides, the Element’s interior is unlike anything else on the road. When the rear seats are flipped up on their sides, there’s a cargo area large enough to place two upright-standing mountain bikes. The front seats feature integrated safety belts and are surprisingly comfortable. They are made of a durable, washable fabric that breathes nicely, a benefit on hot days. On LX and EX trims, the floor is covered in rubber-like urethane, not carpet, so it can be cleaned up easily. The SC model features carpeting in the passenger cabin, but not in the cargo bay.
Easily recognizable at any distance, the Element’s boxy greenhouse, two-tone body panels and forward-opening rear doors are only some of its unique styling features. The unpainted plastic body panels of the LX trim level cleverly and conveniently avoid the issue of scratching the surface during such activities as loading bikes or skis onto the roof rack, or leaning equipment against the fenders. EX and SC models feature body-colored panels. The lack of a center pillar allows for large and bulky items to be loaded through the side doors, but the design precludes rear-seat occupants from exiting until the front doors are first opened.
Fold Flat Seats
The Element’s fold-flat seats can be converted into a bed by removing the headrests and laying the seats flat and flush.
Worry-Free Interior
Waterproof seating materials and a urethane-coated utility floor give the Element a durable, easy-to-clean interior.
The Element features a five-speed manual transmission, four-wheel disc brakes, five cup holders, air conditioning, AM/FM stereo with CD, rear defroster, rear privacy glass, dual power side mirrors, cruise control, tilt wheel, rear wiper/washer, power windows, steel wheels, side-curtain airbags, front side-impact airbags and Vehicle Stability Assist (VSA). The EX trim adds alloy wheels and a 270-watt, seven-speaker sound system with CD/MP3 capability and an auxiliary input jack.
Options include Real Time four-wheel drive and a five-speed automatic transmission. Ordering the SC package adds 18-inch alloy wheels, a lowered sport suspension, piano-black interior trim, custom cloth seats, carpeting, center console, projector-beam halogen headlamps, a custom grille and custom-painted bumpers.
Honda employs the excellent 2.4-liter in-line four-cylinder engine from the CR-V to serve duty in the Element. This is a strong four-cylinder engine with a surprising amount of low-end torque that translates into quick acceleration across intersections and capable passing power on the highway. Fuel mileage is comparable to most small SUV’s in this class and, considering the Element’s boxy shape, roomy interior and large frame, that’s a commendable achievement.
2.4-liter in-line 4
166 horsepower @ 5800 rpm
161 lb.-ft. of torque @ 4000 rpm
EPA city/highway fuel economy: 18/23 (FWD, manual), 20/25 (FWD, automatic), 18/23 (4WD, manual), 19/24 (4WD, automatic)
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $814 | $7,127 | $6,092 | ||
2023 | $391 | $6,736 | $5,331 | ||
2024 | + $271 | $7,007 | $5,680 | ||
Now | $1,811 | $5,196 | $3,562 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
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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Curb Weight | 3596 lbs. | ||
---|---|---|---|
EPA Passenger | 103.6 cu.ft. | ||
EPA Total Interior | 128.7 cu.ft. | ||
Fuel Capacity | 15.9 gallons | ||
Front Head Room | 43.3 inches | ||
Front Leg Room | 41.0 inches | ||
Max Seating Capacity | 4 | ||
Minimum Ground Clearance | 6.2 inches | ||
Overall Length | 170.8 inches | ||
Front Shoulder Room | 57.1 inches | ||
Towing Capacity, Maximum | 1500 lbs. | ||
Trunk or Cargo Capacity | 74.6 cu.ft. | ||
Turning Diameter | 36.9 feet | ||
Wheel Base | 101.4 inches | ||
Width with mirrors | 71.5 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Number of Doors | 4 doors | ||
Privacy Glass | Available |
City | 20 mpg | ||
---|---|---|---|
Highway | 25 mpg | ||
Combined | 22 mpg |
Drivetrain | 2WD | ||
---|---|---|---|
Transmission Type | Automatic | ||
5 speed | Available | ||
Recommended Fuel | Regular |
Horsepower | 166 @ 5800 RPM | ||
---|---|---|---|
Torque | 161 @ 4000 rpm | ||
Engine | 4-Cyl, VTEC, 2.4 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Used 2008 Honda Element | Used 2016 FIAT 500X | Used 2015 Ford Escape | Used 2013 Jeep Compass | ||
---|---|---|---|---|---|
Price | $6,883 | $6,543 | $5,890 | $6,015 | |
KBB.com Rating | N/A | 3.9 | 4.0 | 2.7 | |
Consumer Rating | 4.7 | 4.0 | 4.4 | 3.5 | |
Fuel Economy | City 20/Hwy 25/Comb 22 MPG | City 22/Hwy 31/Comb 25 MPG | City 22/Hwy 31/Comb 25 MPG | City 21/Hwy 26/Comb 23 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | N/A | N/A | 4.0 | 3.0 | |
Seating Capacity | 4 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 4 years or 50000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 166 @ 5800 RPM | 180 @ 6400 RPM | 168 @ 6000 RPM | 172 @ 6000 RPM | |
Engine | 4-Cyl, VTEC, 2.4 Liter | 4-Cyl, MultiAir, 2.4L | 4-Cyl, 2.5 Liter | 4-Cyl, 2.4 Liter | |
Drivetrain | 2WD | FWD | 2WD | 4WD |
Yes, the 2008 Honda Element is a good car. Its Kelley Blue Book rating of 0 out of 5 is within 10% of our average rating.
2008 Honda Element city/highway fuel economy ratings range from 19/24 mpg to 20/25 mpg, depending on trim and equipment.
Used 2008 Honda Element prices currently range from $6,883 for the SC Sport Utility 4D to $7,313 for the EX Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2008 Honda Element is the SC Sport Utility 4D, with a Kelley Blue Book Fair Purchase Price of $6,883.
The 2008 Honda Element is part of the 1st-generation Element, which our owners give an above-average reliability rating of 4.9 out of 5.