How little you'll save buying used:
This subcompact retains much of its value in the used-car market because
(HMC - Get Report)
has a strong reputation among consumers. "Used Fits offer good quality and the well-respected Honda brand name," Lyman says.
At the same time, new Fits carry relatively low prices because Honda hasn't redesigned the model in four years. A growing amount of competition in the micro-car segments also keeps a lid on how much Honda can charge for 2013 versions.
All told, the typical new Fit costs $17,739 vs. $14,668 for 2- and 3-year-old versions. That's just a 17.3% differential.