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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

Ownership Costs: 5-Year Total

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

Selected Model:

2016 Fit Hatchback LX 4dr Hatchback (1.5L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2016 Fit Hatchback EX 4dr Hatchback (1.5L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2016 Fit Hatchback EX-L 4dr Hatchback w/Navigation (1.5L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2016 Fit Hatchback EX-L 4dr Hatchback (1.5L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2016 Fit Hatchback EX 4dr Hatchback (1.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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

Selected Model:

2016 Fit Hatchback LX 4dr Hatchback (1.5L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
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 Fit 

True 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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