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2007 Honda Element True Cost to Own
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SummaryMore about TCO ®
| True Cost To Own* | $38,486 |
* Based on a 5-year estimate with 15,000 miles driven per year.
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| Total Cash Price | $11,680 | ||
5 Year Details
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | 5 Yr Total | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation | $1,314 | $1,152 | $1,014 | $898 | $807 | $5,185 | |||||
| Taxes & Fees | $966 | $91 | $84 | $77 | $71 | $1,289 | |||||
| Financing | $521 | $416 | $307 | $191 | $69 | $1,504 | |||||
| Fuel | $2,895 | $2,982 | $3,071 | $3,163 | $3,258 | $15,369 | |||||
| Insurance | $1,418 | $1,468 | $1,519 | $1,572 | $1,627 | $7,604 | |||||
| Maintenance | $640 | $1,088 | $1,008 | $1,036 | $909 | $4,681 | |||||
| Repairs | $407 | $477 | $557 | $652 | $761 | $2,854 | |||||
| True Cost to Own ® | $8,161 | $7,674 | $7,560 | $7,589 | $7,502 | $38,486 | |||||
Research Models
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Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2007 Honda Element in CA is:
$118 per month*
* Explanation
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