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HONDA Fit
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| Subcompact, Entry Level
2008 Honda Fit
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| Honda’s entry-level subcompact used its low depreciation rate and low maintenance costs to drive into the winner’s circle and receive Vincentric’s Best Value in America award for the first time. Although the Toyota Yaris did better in the higher mileage measurements, it wasn’t enough to hold off the Fit. |
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| 2008 Honda Fit Base 4D Hatchback 5sp* |
| Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
| Depreciation: |
$2638 |
$1467 |
$1467 |
$1366 |
$1264 |
$8202 |
| Fees & Taxes : |
845 |
67 |
72 |
62 |
68 |
$1114 |
| Finance: |
826 |
666 |
495 |
310 |
113 |
$2410 |
| Fuel: |
1502 |
1555 |
1611 |
1668 |
1727 |
$8063 |
| Insurance: |
1376 |
1364 |
1351 |
1339 |
1328 |
$6758 |
| Maintenance: |
64 |
250 |
165 |
1046 |
64 |
$1589 |
| Opportunity Cost: |
262 |
443 |
624 |
857 |
1074 |
$3260 |
| Repairs: |
0 |
0 |
157 |
262 |
262 |
$681 |
| Total |
$7513 |
$5812 |
$5940 |
$6910 |
$5900 |
$32077 |
| *The data displayed here is for the specific model and trim identified. The award is based on an average of all trims combined as of January 2008. |
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