Which Honda FIT (2021) trim depreciates the fastest?
If you wanted a compact hatchback with unrivalled and clever uses of space, you'd look no further than the Honda FIT. The latest version offers some of the best craftsmanship that Honda can offer. Which trim depreciates the fastest though?
From Jazz to FIT, even with the name adjustment for South Africa, the Honda FIT delivers some of the best craftsmanship that Honda has to offer in a neat little package. You can check out our Honda FIT reviews here.
Related: Top 3 Things we loved about the Honda FIT e:HEV
Efficiency, comfort, and surprisingly fun driving dynamics are the hallmarks of this little city car. This version of the Jazz embodies the Japanese notion of 'Yoo no bi,' which recognises the beauty in everyday items. The range powered by a 1.5-litre 4-cylinder petrol engine also saw the launch of Honda's e:HEV hybrid technology, which is found in the FIT Hybrid. The FIT is quite desirable, but which trim depreciates the fastest? We will look at the 2021 launch pricing for this article.
*Pricing stated here was correct at the time of publishing and is subject to change without prior notice.
1. Honda FIT 1.5 i-VTEC Comfort CVT
New Price - from R319 900
Market value - from R240 000
Average mileage - 39 000km
Value Retained - 75%
2. Honda FIT 1.5 i-VTEC Elegance CVT
New Price - from R359 900
Market value - from R299 000
Average mileage - 18 000km
Value Retained - 83%
3. Honda FIT 1.5 i-VTEC Executive CVT
New Price - from R389 900
Market value - from R329 000
Average mileage - 18 000km
Value Retained - 84%
4. Honda FIT 1.5 i-MMD e-CVT Hybrid
New Price - from R469 900
Market value - from R370 000
Average mileage - 59 200km
Value Retained - 79%
Verdict
Looking at the figures here, it appears the entry-level Comfort trim depreciated the most, while the Executive trim depreciated the least. The most mileage picked up, however, was the Hybrid trim, which also retained a decent amount of value. If you're looking for a Honda FIT deal, you can search AutoTrader for the latest new offerings and sell your car, too.
