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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

$28,429*

Total Cash Price

$14,988

EX 4dr Hatchback (1.5L 4cyl CVT)

True Cost to Own

$29,762*

Total Cash Price

$16,469

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

True Cost to Own

$30,712*

Total Cash Price

$17,770

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

True Cost to Own

$30,296*

Total Cash Price

$17,205

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

True Cost to Own

$31,322*

Total Cash Price

$16,083

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

True Cost to Own

$30,371*

Total Cash Price

$14,878

Ownership Costs: 5-Year Total

Depreciation

$7,826

Taxes & Fees

$810

Financing

$1,321

Fuel

$7,771

Insurance

$3,732

Repairs

$2,746

Maintenance

$4,223

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$1,878$347$1,157$4,223
Repairs$394$458$535$627$732$2,746
Taxes & Fees$646$41$41$41$41$810
Financing$462$367$268$165$59$1,321
Depreciation$3,010$1,433$1,261$1,119$1,003$7,826
Fuel$1,464$1,508$1,553$1,599$1,647$7,771
True Cost to Own®$7,294$4,757$6,282$4,666$5,430$28,429

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$705$41$41$41$41$869
Financing$508$403$294$182$65$1,452
Depreciation$3,309$1,576$1,386$1,229$1,102$8,602
Fuel$1,506$1,551$1,597$1,645$1,695$7,994
True Cost to Own®$7,753$4,992$6,566$4,853$5,598$29,762

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$757$41$41$41$41$921
Financing$548$435$317$197$70$1,567
Depreciation$3,571$1,700$1,496$1,327$1,190$9,284
Fuel$1,506$1,551$1,597$1,645$1,695$7,994
True Cost to Own®$8,126$5,168$6,719$4,987$5,712$30,712

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$735$41$41$41$41$899
Financing$530$421$308$190$68$1,517
Depreciation$3,457$1,646$1,448$1,285$1,152$8,988
Fuel$1,506$1,551$1,597$1,645$1,695$7,994
True Cost to Own®$7,963$5,091$6,652$4,928$5,662$30,296

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$690$41$41$41$41$854
Financing$496$393$288$178$63$1,418
Depreciation$3,231$1,538$1,353$1,201$1,077$8,400
Fuel$1,646$1,696$1,746$1,799$1,853$8,740
True Cost to Own®$8,850$5,092$6,671$4,978$5,731$31,322

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$1,871$347$1,157$5,276
Repairs$394$458$535$627$732$2,746
Taxes & Fees$642$41$41$41$41$806
Financing$459$364$266$164$59$1,312
Depreciation$2,988$1,423$1,252$1,110$996$7,769
Fuel$1,646$1,696$1,746$1,799$1,853$8,740
True Cost to Own®$8,505$4,930$6,455$4,854$5,627$30,371

*Based on a 5-year estimate with 15,000 miles driven per year.

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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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