9 model years · 482 listings tracked

Honda Element depreciation

$10,584
37 listings
$3,086
5-model-year price gap
less than the 2011
$7,498
57 listings

The 2006 typically asks 29% less than the 2011 in this snapshot, across 5 model years.

The 2003 Honda Element asks about 36% less than the 2011 across 8 model years — the curve below tracks every year from 2011 to 2003, priced from 482 live dealer listings.

These are current dealer asking prices for different vehicles, not a forecast, original MSRP comparison or final sale prices. Mileage, trim, condition and generation changes can affect the gap.

◷ Updated September 9, 2026 ▤ National asking prices, refreshed daily

2011 Honda Element — a typically priced live listing
2011 · live listing photo

What the Honda Element depreciation curve means for buyers

Where are asking-price differences largest?

First 3 model years (2011→2008)
$862 a year
The 5 model years after that (2008→2003)
$235 a year
the early years
3.7× steeper

The asking-price gap per model year is larger between 2011 and 2008 than between 2008 and 2003. These are different listing samples, not one car's price history.

Priced from 37 and 74 live listings.

Which single model year costs the most to skip?

2009 typical
$9,995
2008 typical
$7,999
one year of age
$1,996

20% of the 2009 price

Across the 2003–2011 model years, 2009 → 2008 is the biggest single-model-year asking-price step in this sample.

Thin sample: priced from 26 and 75 live listings.

How do asking prices compare five model years apart?

2011 typical
$10,584
2006 typical
$7,498
share of newer-year ask
71%

$3,086 below the 2011 ask

A 2006 — five model years older — asks 71% of what the 2011 asks. The Share-of-baseline-ask column in the table below runs the same share for every year.

Priced from 37 and 57 live listings.

Advertisement

Honda Element depreciation curve

  • −36%
    Asking-price difference, 2011 → 2003
  • ≈4.5%
    Price difference per model year (not a forecast)
  • −$1,996
    Steepest drop, 2009 → 2008
  • $6,372
    Cheapest model year (2004)

Typical asking price by model year, newest on the left — labels compare asking prices with the 2011. Hover a point for that year's price band.

A 2003 Honda Element typically lists at $6,825 — 36% below the 2011's $10,584.

$6,000 $7,500 $9,000 $11K −6% −6% −24% −19% −29% −34% −36%
2011 2010 2009 2008 2007 2006 2005 2004 2003
Year Typical price Share of baseline ask vs. next-newer year Avg. mileage Listings
2011 $10,584 100% 150,883 37
2010 $9,995 94% −$589 161,352 39
2009 $9,995 94% 154,959 26
2008 $7,999 76% −$1,996 168,091 75
2007 $8,536 81% +$537 158,317 54
2006 $7,498 71% −$1,038 168,845 57
2005 $6,990 66% −$508 179,777 58
2004 $6,372 60% −$618 181,044 62
2003 $6,825 64% +$453 175,643 74

Typical price is the median (or average when the median is unavailable) asking price of that model year's live dealer listings, national. Share of baseline ask is each year's asking price as a percentage of the newest year's asking price in the same group of available model years. Updated September 9, 2026.

Advertisement

Frequently asked questions

How much does a Honda Element depreciate per year?

This snapshot does not measure annual depreciation of one car. The 2003 typically asks $6,825, 36% below the 2011's $10,584. These are different vehicles listed on September 9, 2026; mileage, trim, condition and redesigns can affect the difference.

How do older Honda Element asking prices compare with the newest model year?

A 2003 Honda Element asks about 64% of the 2011's typical asking price ($6,825 vs $10,584). The “Share of baseline ask” column in the table above shows the same share for every model year in between.

Which Honda Element model year is cheapest?

The 2004 Honda Element is the most affordable model year we track, typically listed at $6,372. Compare every year in the table above.

How many Honda Element model years can I compare here?

This depreciation curve covers 9 model years, from 2003 to 2011, each priced from live dealer listings and refreshed daily.

Shopping for your next car?

Check individual VINs before you buy — decode the exact trim and mileage, see every active listing, and how each price compares to the local market.