2008 Honda Element SC Sport Utility Costs
Determining how much a 2008 Honda Element SC Sport Utility
costs over the lifetime of ownership can make you think twice about purchasing it, which is why you should research and
evaluate the total cost of ownership prior to buying it. The 2008 Honda
Element SC Sport Utility has a
MSRP of $22,775.00, which may or may not be more expensive then similar
vehicles and when you factor in the fuel economy of 25 mpg,
the total cost of ownership of one vehicle over another may become apparent. Do not purchase a
new 2008 Honda Element SC Sport Utility and then be
shocked at how much it costs to insure, register,
repair and maintain it. Find out the total cost of ownership first, at NewCar.com, so you know
exactly what the costs will be.
| Ownership Costs: Year 1 |
| Depreciation | Financing | Insurance | State Fees | Fuel | Maintenance | Repairs | Total |
| $3,625 | $1,187 | $1,259 | $97 | $1,768 | $62 | N/A | $7,999 |
|
| Ownership Costs: Year 2 |
| $1,928 | $952 | $1,259 | $67 | $1,941 | $93 | N/A | $6,241 |
|
| Ownership Costs: Year 3 |
| $1,581 | $707 | $1,259 | $67 | $2,131 | $212 | $64 | $6,021 |
|
| Ownership Costs: Year 4 |
| $1,923 | $440 | $1,259 | $62 | $2,340 | $792 | $139 | $6,955 |
|
| Ownership Costs: Year 5 |
| $1,846 | $161 | $1,259 | $62 | $2,569 | $212 | $282 | $6,390 |
|
| 5 YEAR TOTALS |
| Depreciation | Financing | Insurance | State Fees | Fuel | Maintenance | Repairs | Total |
| $10,903 | $3,447 | $6,296 | $355 | $10,748 | $1,372 | $485 | $33,606 |
| Hybrid Tax Credit | N/A |
| 5-Year Cost of Similar Vehicles | $36,189 |
| Difference | $2,584 |
| Value Rating | Excellent |
|