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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2022 | + $929 | $5,932 | $4,810 | ||
2023 | $214 | $5,718 | $4,182 | ||
2024 | $214 | $5,504 | $4,037 | ||
Now | $206 | $5,298 | $3,800 |
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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 | 3645 lbs. | ||
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EPA Passenger | 105.4 cu.ft. | ||
EPA Total Interior | 131.3 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 | 8.0 inches | ||
Overall Length | 169.3 inches | ||
Front Shoulder Room | 57.1 inches | ||
Towing Capacity, Maximum | 1500 lbs. | ||
Trunk or Cargo Capacity | 77.1 cu.ft. | ||
Turning Diameter | 34.9 feet | ||
Wheel Base | 101.4 inches | ||
Width with mirrors | 71.5 inches |
Moon Roof/Sun Roof | Available | ||
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Number of Doors | 4 doors | ||
Privacy Glass | Available |
City | 20 mpg | ||
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Highway | 25 mpg | ||
Combined | 22 mpg |
Drivetrain | 2WD | ||
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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 |
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.
Used 2008 Honda Element LX Sport Utility 4D | Used 2015 Mitsubishi Outlander Sport | Used 2014 GMC Terrain | Used 2012 Chevrolet Traverse | ||
---|---|---|---|---|---|
Price | $7,021 | $6,606 | $6,232 | $6,108 | |
KBB.com Rating | N/A | 3.3 | 3.7 | 4.1 | |
Consumer Rating | 4.7 | 3.9 | 3.9 | 4.1 | |
Fuel Economy | City 20/Hwy 25/Comb 22 MPG | City 24/Hwy 30/Comb 27 MPG | City 22/Hwy 32/Comb 26 MPG | City 17/Hwy 24/Comb 19 MPG | |
Fuel Type | Gas | Gas | Gas | Gas | |
Safety Rating | N/A | 4.0 | 4.0 | 5.0 | |
Seating Capacity | 4 | 5 | 5 | 8 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 166 @ 5800 RPM | 148 @ 6000 RPM | 182 @ 6700 RPM | 281 @ 6300 RPM | |
Engine | 4-Cyl, VTEC, 2.4 Liter | 4-Cyl, 2.0 Liter | 4-Cyl, 2.4 Liter | V6, 3.6 Liter | |
Drivetrain | 2WD | 4WD | 2WD | 2WD |