Used 2016 Honda Fit Cost to Own
Total 5-Year Ownership Costs
Fit Hatchback
LX 4dr Hatchback (1.5L 4cyl CVT)
True Cost to Own
$28,823*
Total Cash Price
$14,951
EX 4dr Hatchback (1.5L 4cyl CVT)
True Cost to Own
$30,411*
Total Cash Price
$16,817
EX-L 4dr Hatchback w/Navigation (1.5L 4cyl CVT)
True Cost to Own
$30,366*
Total Cash Price
$16,596
EX-L 4dr Hatchback (1.5L 4cyl CVT)
True Cost to Own
$30,604*
Total Cash Price
$17,031
EX 4dr Hatchback (1.5L 4cyl 6M)
True Cost to Own
$31,090*
Total Cash Price
$15,053
LX 4dr Hatchback (1.5L 4cyl 6M)
True Cost to Own
$29,755*
Total Cash Price
$13,252
Depreciation
$7,807
Taxes & Fees
$809
Financing
$1,409
Fuel
$8,081
Insurance
$3,732
Repairs
$2,746
Maintenance
$4,239
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback LX 4dr Hatchback (1.5L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $703 | $724 | $746 | $768 | $791 | $3,732 |
Maintenance | $615 | $226 | $1,894 | $347 | $1,157 | $4,239 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $645 | $41 | $41 | $41 | $41 | $809 |
Financing | $492 | $391 | $286 | $177 | $63 | $1,409 |
Depreciation | $3,003 | $1,430 | $1,258 | $1,116 | $1,000 | $7,807 |
Fuel | $1,522 | $1,568 | $1,615 | $1,663 | $1,713 | $8,081 |
True Cost to Own® | $7,374 | $4,838 | $6,375 | $4,739 | $5,497 | $28,823 |
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback EX 4dr Hatchback (1.5L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $716 | $737 | $760 | $782 | $806 | $3,801 |
Maintenance | $615 | $226 | $1,953 | $347 | $1,157 | $4,298 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $719 | $41 | $41 | $41 | $41 | $883 |
Financing | $553 | $440 | $322 | $199 | $71 | $1,585 |
Depreciation | $3,379 | $1,609 | $1,415 | $1,256 | $1,126 | $8,785 |
Fuel | $1,566 | $1,613 | $1,661 | $1,711 | $1,762 | $8,313 |
True Cost to Own® | $7,942 | $5,124 | $6,687 | $4,963 | $5,695 | $30,411 |
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback EX-L 4dr Hatchback w/Navigation (1.5L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $735 | $757 | $780 | $803 | $827 | $3,902 |
Maintenance | $615 | $226 | $1,953 | $347 | $1,157 | $4,298 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $710 | $41 | $41 | $41 | $41 | $874 |
Financing | $546 | $434 | $318 | $196 | $70 | $1,564 |
Depreciation | $3,334 | $1,588 | $1,397 | $1,239 | $1,111 | $8,669 |
Fuel | $1,566 | $1,613 | $1,661 | $1,711 | $1,762 | $8,313 |
True Cost to Own® | $7,900 | $5,117 | $6,685 | $4,964 | $5,700 | $30,366 |
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback EX-L 4dr Hatchback (1.5L 4cyl CVT)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $726 | $748 | $770 | $793 | $817 | $3,854 |
Maintenance | $615 | $226 | $1,953 | $347 | $1,157 | $4,298 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $728 | $41 | $41 | $41 | $41 | $892 |
Financing | $560 | $446 | $326 | $201 | $72 | $1,605 |
Depreciation | $3,422 | $1,629 | $1,434 | $1,271 | $1,140 | $8,896 |
Fuel | $1,566 | $1,613 | $1,661 | $1,711 | $1,762 | $8,313 |
True Cost to Own® | $8,011 | $5,161 | $6,720 | $4,991 | $5,721 | $30,604 |
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback EX 4dr Hatchback (1.5L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $718 | $740 | $762 | $785 | $808 | $3,813 |
Maintenance | $1,675 | $226 | $1,946 | $347 | $1,157 | $5,351 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $649 | $41 | $41 | $41 | $41 | $813 |
Financing | $495 | $394 | $288 | $178 | $64 | $1,419 |
Depreciation | $3,023 | $1,440 | $1,266 | $1,123 | $1,007 | $7,859 |
Fuel | $1,712 | $1,763 | $1,816 | $1,871 | $1,927 | $9,089 |
True Cost to Own® | $8,666 | $5,062 | $6,654 | $4,972 | $5,736 | $31,090 |
Ownership Costs: 5-Year Breakdown
2016 Fit Hatchback LX 4dr Hatchback (1.5L 4cyl 6M)
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
---|---|---|---|---|---|---|
Tax Credit | $0 | $0 | $0 | $0 | $0 | $0 |
Insurance | $701 | $722 | $744 | $766 | $789 | $3,722 |
Maintenance | $1,675 | $226 | $1,887 | $347 | $1,157 | $5,292 |
Repairs | $394 | $458 | $535 | $627 | $732 | $2,746 |
Taxes & Fees | $577 | $41 | $41 | $41 | $41 | $741 |
Financing | $436 | $347 | $253 | $157 | $56 | $1,249 |
Depreciation | $2,660 | $1,267 | $1,114 | $989 | $886 | $6,916 |
Fuel | $1,712 | $1,763 | $1,816 | $1,871 | $1,927 | $9,089 |
True Cost to Own® | $8,155 | $4,824 | $6,390 | $4,798 | $5,588 | $29,755 |
*Based on a 5-year estimate with 15,000 miles driven per year.
Shop nowLearn about the 2016 FitTrue Cost To Own®
Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.
Edmunds Insurance Estimator
The Edmunds TCO® estimated monthly insurance payment for a 2016 Honda Fit in Virginia is:
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