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HONDA

2011 Element

SUV

Top complaint categories (NHTSA)

AIR BAGS (5), AIR BAGS,SEAT BELTS (1), POWER TRAIN,TRACTION CONTROL SYSTEM (1)

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Cost to own / month

$516

$0.48/mile · $6,189/year

Estimated current value $11,728, currently depreciating ~4.5%/yr.

Breakdown

Depreciation$44
Loan interest$125
Fuel / energy$170
Insurance$171
Maintenance$0
Registration$6
Cash cost/month (excl. depreciation & principal)$472
Loan payment (incl. principal)$576
Sales tax (one-time) · initial capital$2,125 · $5,525