Honda Element

ELEMENT CARSTOCKSPECIALTY
$12.6K ▼ $1.6K (−11.5%)12 mo
UNDERVALUEDUndervalued vs trend — but volatile.
Well supported · 87 sold + 1699 active
Fair value$12.6K ($11.1K–$14.1K)
Typical ask$7.5K
Recent sold$11.0K
Current valueHigh
12-mo trendRoughly flat · 4-in-10 up · 41% calls right
Buyer: Prices look low vs trend — a reasonable entry; confirm condition and title.
Seller: Buyers here are value-focused; price near sold comps ($11k) for a timely sale.
Watcher: Volatile — wait for a clearer trend.
💰 Pricing your car to sell
Quick sale$7.1Ksells fast
Fair$11.0Krecent comps
List$11.8Kroom to negotiate
Stretch$12.8Kexceptional
🎯 Buying guide
Strong deal below $11.1K · Fair $11.1K–$14.1K · careful above $14.5K

Flagged undervalued because asking -40% vs historic sold, inventory -0%, -32% vs 3-yr trend, and -29% vs 2-yr avg.

What It's Actually Worth

Blended value of a standard 19 yr, 92k mi example, ~$12.6K now. The green line weighs confirmed auction sales most heavily (the amber dots — what cars actually hammered for), blends in fast-selling "just-missed" listings, and lightly smooths out month-to-month composition noise.

2021-05 2026-08 $25.4K $6.1K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 322 confirmed sales (322 auction)·398 sales tracked·64 months tracked·since 2021-05·5519 active listings

Did our model work? 41% direction calls right

Each faint amber line is a forecast we would have made at that point in the past (12-mo horizon), drawn against what actually happened (blue). Over 34 scored forecasts: 41% got the direction right, median value error ±34%.

2017-03 2026-08 $38.3K $10.5K
━ actual ╱ past predictions (ghosts)

Walk-forward: each ghost uses only data available at that date — no hindsight. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Auction Scorecard gavel in range 9 in 10

We replayed 163 past auctions in this market — predicting each hammer price from market data before the sale (no hindsight). Typical miss: ±26%; the gavel landed inside our predicted range 9 in 10 of the time, and we lean slightly high on average.

SoldCarOur rangeHammer
2026-08-03 2005 · 124k mi $6.1K–$17.7K $8.1K
2026-07-29 2008 · 73k mi $7.9K–$23.0K $14.3K
2026-07-26 2006 · 168k mi $4.9K–$14.4K $13.0K
2026-07-14 2007 · 230k mi $4.0K–$11.6K $9.6K
2026-06-30 2005 · 51k mi $8.6K–$25.0K $12.6K
2026-06-23 2005 · 130k mi $5.9K–$17.2K $17.0K
2026-06-23 2005 · 190k mi $4.5K–$13.2K $11.0K
2026-06-12 2007 · 71k mi $8.0K–$23.4K $11.3K

Live now — calling it before the gavel

We're currently tracking 8 open auctions in this market. Here's our predicted hammer range for each — check back after they close.

ClosesCarSourceOur predicted range
open 2008 · 67k mi BaT $7.0K–$27.5K ($13.9K)
open 2010 · 88k mi ebay $6.4K–$24.9K ($12.6K)
open 2006 · 86k mi ebay $6.4K–$25.1K ($12.7K)
open 2007 · 243k mi ebay $3.5K–$13.5K ($6.9K)
open 2004 · 190k mi ebay $3.9K–$15.2K ($7.7K)
open 2003 · 103k mi classic $5.8K–$22.3K ($11.3K)
open 2006 · 119k mi classic $5.3K–$20.5K ($10.5K)
open 2007 · 98k mi classic $5.9K–$22.8K ($11.6K)

No-lookahead: predictions are made before each auction closes; the scorecard grades confirmed sold auctions only (no-sales excluded). A modeled estimate, not a guarantee. Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Where We Think It's Headed

Probability and range, not a single number. Wider = less certain (not bigger gains).

2021-05 now +24mo $53.2K $5.0K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 44% Low 50%
12 mo UP 44% Low 41%
24 mo UP 42% Low 23%

Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.

Lead Indicator Forecast

Some indicators move before this market does. High-Yield Bond Spread has historically led it by about 10 months — so its recent move implies where prices head next (dashed). The solid green line is actual value through today; the shaded path is what the lead implies.

$12.7K now +10mo 2021-05 $20.0K $10.1K
BECAUSE credit spreads fell 8%. THEREFORE, given its usual 10-month head start, we lean UP — about +1% (≈ +$83) over the next 10 months. Confidence: Moderate (correlation -0.61, 18 months overlap).

Crystal Ball — What Leading Indicators Signal

Distinct from the trend forecast above: this blends all 8 leading indicators (each at its own lead time, de-duplicated so correlated ones don't double-count) into one signal. Leading indicators are collectively signaling lower over the next ~12 months (high conviction — 100% of weighted drivers agree), driven mainly by LVMH (luxury proxy ADR) and 10Y-2Y Yield Spread.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $20.0K $9.5K

Are the indicators agreeing?

Each bar is one driver's current push; longer = more weight. All one side = high conviction; split = low.

LVMH (luxury proxy A-0.810Y-2Y Yield Spread-0.2Nonfarm Payrolls (jo-1.5VIX Volatility Index-0.1WTI Crude Oil-0.4Bitcoin (USD)-1.6Core CPI (ex food/en-0.7US Metro Mean Temper-0.9 ← bearish bullish →

If You’d Bought in 2021

$100K invested 2021-05 → today (5.2 yrs), this car vs where else you could've put the money. Rebased to 100 at the start; the dashed line is inflation (break-even).

$117K$202K$235K$80.7K$131K 2021 2026 275 100
━ This car $117K━ S&P 500 $202K━ Gold $235K━ Luxury $80.7K━ Housing $131K₿ Bitcoin $170K (off-scale)
Lost ground to inflation. The Honda Element roughly 1.2×'d your money (a real 5% LOSS to inflation). It LAGGED the stock market by about 42% — the same money in the S&P 500 would be larger. It trailed housing (-11%). (Price only — a real round-trip also loses ~10–20% to buy/sell fees and carrying costs.)
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What This Market Follows

Specialty-car prices don't move in a vacuum. These economic indicators have historically led this market — tap one to see it shifted forward by its lead time, overlaid on the value line.

High-Yield Bond Spread leads by about 18 months (moves with this market, correlation 0.81). Shown shifted forward 18 months so its turns line up with the market's.

━ Honda Element ┄ High-Yield Bond Spread, shifted +18mo
2024-09 2026-08

Why We Think This

Appreciation Momentum
50
Undervaluation
61
Liquidity
50
Speculation Opportunity
53
Depreciation Risk
53
Overvaluation
39
asking -40% vs historic sold asking vs historic spread
inventory -0% inventory trend slope
-32% vs 3-yr trend pct vs trailing 36mo
sale prices -2.5%/mo median sale trend slope
asking trend +0.1%/mo median asking trend slope
43 days on market median days on market
18% of listings cutting price price drop frequency
new-listing velocity 4% of active new listing velocity

Current Inventory Snapshot

Active priced listings5519
Median fair value$8,366
Avg deal score54/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Land Rover Defender 90 (Euro Spec) 446143
Porsche Cayenne (958) 2011-2018 643150
Honda Acty 505357
Subaru Baja 594549
BMW F650GS 454236
BMW R1250GS 604654
Ford Bronco (2nd Generation) 643647
Ford Bronco (3rd Generation, 1980-1986) 615730

Recent Signals & Alerts

Data-backed market intelligence, not a guaranteed prediction. Figures are modeled estimates from asking prices, sold comps, and public economic indicators; they can be wrong. Not financial advice.