Honda Element

ELEMENT CARSTOCKSPECIALTY
$12.4K ▼ $2.0K (−13.9%)12 mo
UNDERVALUEDUndervalued vs trend — but volatile.
Well supported · 84 sold + 1828 active
Fair value$12.4K ($10.9K–$13.9K)
Typical ask$7.2K
Recent sold$11.0K
Current valueHigh
12-mo trendRoughly flat · 4-in-10 up · 45% 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$6.9Ksells fast
Fair$11.0Krecent comps
List$11.8Kroom to negotiate
Stretch$12.8Kexceptional
🎯 Buying guide
Strong deal below $10.9K · Fair $10.9K–$13.9K · careful above $14.2K

Flagged undervalued because asking -44% vs historic sold, inventory -0%, -31% vs 2-yr avg, and -35% vs 3-yr trend.

What It's Actually Worth

Blended value of a standard 19 yr, 92k mi example, ~$12.4K 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 2026-07 $24.1K $7.2K
━ blended true value ● confirmed auction sales (dot size = volume)
◫ 315 confirmed sales (315 auction)·347 sales tracked·63 months tracked·since 2021-05·3383 active listings

Did our model work? 45% 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 33 scored forecasts: 45% got the direction right, median value error ±33%.

2017-03 2026-07 $39.6K $10.7K
━ 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 159 past auctions in this market — predicting each hammer price from market data before the sale (no hindsight). Typical miss: ±25%; the gavel landed inside our predicted range 9 in 10 of the time, and we lean slightly high on average.

SoldCarOur rangeHammer
2026-06-30 2005 · 51k mi $8.4K–$24.5K $12.6K
2026-06-23 2005 · 130k mi $5.8K–$16.9K $17.0K
2026-06-23 2005 · 190k mi $4.5K–$13.0K $11.0K
2026-06-12 2007 · 71k mi $7.9K–$23.0K $11.3K
2026-06-11 2008 · 169k mi $4.9K–$14.2K $13.5K
2026-06-04 2005 · 163k mi $5.0K–$14.6K $8.2K
2026-05-27 2005 · 53k mi $8.1K–$23.7K $22.0K
2026-05-17 2008 · 156k mi $5.0K–$14.6K $10.5K

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 2007 · 102k mi classic $5.9K–$22.8K ($11.6K)
open 2011 · 118k mi classic $5.4K–$20.7K ($10.6K)
open 2004 · 124k mi classic $5.2K–$20.1K ($10.2K)
open 2008 · 178k mi ebay $4.1K–$15.8K ($8.1K)
open 2011 · 216k mi classic $3.6K–$13.7K ($7.0K)
open 2007 · 228k mi classic $3.5K–$13.3K ($6.8K)
open 2004 · 230k mi classic $3.5K–$13.3K ($6.8K)
open 2003 · 198k mi classic $3.8K–$14.6K ($7.5K)

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 $35.8K $4.7K
HorizonDirectionProbabilityConfidencePast accuracy
6 mo UP 44% Low 49%
12 mo UP 43% Low 45%
24 mo UP 42% Low 24%

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. LVMH (luxury proxy ADR) has historically led it by about 11 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.

$12.6K now +11mo 2021-05 $19.4K $10.8K
BECAUSE luxury-goods demand fell 1%. THEREFORE, given its usual 11-month head start, we lean UP — about +2% (≈ +$196) over the next 11 months. Confidence: High (correlation +0.61, 45 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 VIX Volatility Index.

⚠ The price trend and leading indicators disagree — momentum may be running ahead of the fundamentals.
now +12mo (indicators) $19.4K $9.2K

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-0.8VIX Volatility Index-0.1Nonfarm Payrolls (jo-1.310Y-2Y Yield Spread-0.1Bitcoin (USD)-1.7Core CPI (ex food/en-1.1U. Michigan Consumer-0.4US Regular Gas Price-1.0 ← 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).

$115K$195K$216K$82.0K$129K 2021 2026 275 100
━ This car $115K━ S&P 500 $195K━ Gold $216K━ Luxury $82.0K━ Housing $129K₿ Bitcoin $159K (off-scale)
Lost ground to inflation. The Honda Element roughly 1.1×'d your money (a real 8% LOSS to inflation). It LAGGED the stock market by about 41% — 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 0.79). Shown shifted forward 18 months so its turns line up with the market's.

━ Honda Element ┄ High-Yield Bond Spread, shifted +18mo
2024-09 2026-07

Why We Think This

Appreciation Momentum
48
Undervaluation
64
Liquidity
54
Speculation Opportunity
55
Depreciation Risk
55
Overvaluation
36
asking -44% vs historic sold asking vs historic spread
inventory -0% inventory trend slope
-31% vs 2-yr avg pct vs trailing 24mo
sale prices -2.3%/mo median sale trend slope
asking trend +0.1%/mo median asking trend slope
19% of listings cutting price price drop frequency
new-listing velocity 6% of active new listing velocity
38 days on market median days on market

Current Inventory Snapshot

Active priced listings3383
Median fair value$8,271
Avg deal score53/100

Comparable Markets

MarketUndervaluationAppreciationLiquidity
Land Rover Defender 90 (Euro Spec) 445747
Porsche Cayenne (958) 2011-2018 663351
Honda Acty 525753
Subaru Baja 615849
BMW F650GS 415159
BMW R1250GS 533351
Ford Bronco (2nd Generation) 502934
Ford Bronco (3rd Generation, 1980-1986) 636239

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.