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Honda Element vs. Toyota Matrix Price Comparison

Honda Element vs Toyota Matrix Price Comparison:
Honda Element vs Toyota Matrix Price Comparison:

TrueDelta features the Internet's most balanced and thorough car price and
features comparison between the Honda Element and Toyota Matrix. Including:

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Honda Element

More about the
Toyota Matrix

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Summary

For the Honda Element vs. Toyota Matrix price comparison, we have first equipped the cars with selected features. The specific options added are shown in the Element vs. Matrix Price Comparison table. If you want to know how much the Element and Matrix will cost with the features you specified, this is the table to check. In this case, the Toyota Matrix S's price is $930 lower than the Honda Element LX's price

Each car includes features you didn't request, and that aren't included on the other car. In the Element vs. Matrix Features Comparison table we've tallied these features up and assigned monetary values to them using the site's default values. For example, compared to the Toyota Matrix S, the Honda Element LX includes additional features worth $0. The TrueDelta Value Comparison figures include adjustments for most differences in feature content. However, they do not include advertising fees, factory-to-dealer incentives, or differences in engines, tires, seat configurations, and audio systems. Exceptions: They do include values for third-row seats and media players. Additional notes

0 In this case, after a $520 adjustment for the Toyota Matrix S's additional features, the Toyota Matrix S is $930 less than the Honda Element LX.

TrueDelta Value Comparison: Honda Element vs. Toyota Matrix

Lowest Adjusted Price and Invoice: Toyota Matrix S
TrueDelta Adjusted Price Difference: 930
TrueDelta Adjusted Invoice Difference: 992
Model Year201120112012
ModelElementElementMatrix
TrimLXEXS
Body4dr SUV4dr SUV4dr Hatch
Engine166hp I4166hp I4158hp I4
TransmissionA5A5A4
DrivetrainAWDAWDAWD
EPA Fuel Economy (city/highway)19/24 MPG19/24 MPG20/26 MPG
Audio (watts, speakers?, 4270, 7?, 6
Tire (rear if not all the same)215/70-16215/70-16205/55-16
Total Price22,88524,99522,475
Adjustments for Features0-1,170-520
Feature-Adjusted Total Price22,88523,82521,955
Cost Above Minimum09400
Total Invoice21,35723,31420,847
Adjustments for Features0-1,091-482
Feature-Adjusted Total Invoice21,35722,22320,365
Cost Above Minimum08660

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Invoice Comparison: Honda Element vs. Toyota Matrix

Price Comparison (MSRP): Honda Element vs. Toyota Matrix

The sticker prices, before adjusting for remaining feature differences. Usually these are the numbers you will see on the window stickers.

Models in short supply often sell at or even above these prices.

Lowest Total Price: Toyota Matrix S
Difference: 410
Lowest Total Invoice: Toyota Matrix S
Difference: 510
Model Year201120112012
ModelElementElementMatrix
TrimLXEXS
Body4dr SUV4dr SUV4dr Hatch
Base Price20,82522,93519,565
Base Invoice19,38821,34418,097
AWD1,2501,2502,150
AWD1,1591,1601,990
Total options1,2501,2502,150
Total options1,1591,1601,990
Destination810810760
Total Price22,88524,99522,475
Total Invoice21,35723,31420,847

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While we strive for accuracy, the site is not error-free, and prices can change at any time.

 

Features Comparison: Honda Element vs. Toyota Matrix

Model Year201120112012
ModelElementElementMatrix
TrimLXEXS
Body4dr SUV4dr SUV4dr Hatch
Transmission and Drivetrain 
5-speed automatic$900$900 
4-speed automatic  $800
AWD$1700$1700$1700
Accessories 
AC power outlet  $100
Power rear side windows  $200
Tilt steering wheel, manual$150$150 
Tilt/telescoping steering wheel, manual  $250
Brakes, Airbags, and Other Safety 
Rollover sensor$100$100 
Cargo Management 
Cargo cover  $75
Console with shifter  $150
Console without shifter$150  
Liftglass or two-piece tailgate$150$150 
Overhead console storage compartments $100 
Overhead sunglass holder $25 
Removable cooler console $175 
Climate Control and Infotainment 
Audio controls on steering wheel $125$125
Aux input $100$100
Intermittent wipers$0$0 
MP3-compatible player $50$50
Satellite radio $200 
Variable intermittent wipers  $75
Exterior 
Bright-finished exhaust tip(s) $50 
Deep-tinted rear windows$275$275 
Skid plate (one)$50$50 
Instruments, Lights, and Mirrors 
Exterior temperature display $50$50
Fog lights  $125
Heated mirrors  $25
Visor mirror, driver $10$10
Visor mirror, passenger $10$10
Seats and Interior Trim 
Center armrest(s), front row $75$75
Folding passenger seat  $150
Manual recliner, second row seats$75$75 
Removable second row seats$0$0 
Suspension, Wheels, and Tires 
Alloy wheels $350 
Sport suspension (upgrade)  $0
Total Value of Features$3,550$4,720$4,070
Value of Feature Adjustments$0$1,170$520
Value of Feature Adjustments0-1,091-482

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Specifications Comparison: Honda Element vs. Toyota Matrix

Model Year20112012
ModelElementMatrix
Body4dr SUV4dr Hatch
Wheelbase101.4 in102.4 in
Length169.9 in171.9 in
Width71.6 in69.5 in
Height70.4 in61.4 in
Curb Weight3,624 lb.3,360 lb.
Fuel Capacity15.9 gal.13.2 gal.
Row 1 Headroom43.3 in40.5 in
Row 1 Shoulder Room57.1 in53.3 in
Row 1 Hip Room55.0 in52.3 in
Row 1 Legroom41.0 in41.6 in
Row 2 Headroom38.0 in39.3 in
Row 2 Shoulder Room52.2 in52.6 in
Row 2 Hip Room47.6 in43.7 in
Row 2 Legroom39.1 in36.2 in
Cargo Volume,
Minimum		25.1 ft319.8 ft3
Cargo Volume,
Maximum		74.6 ft361.5 ft3

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Option Package Details
S

AWD
FeatureValueRequested?
AWD0Yes
4-speed automatic0Yes
Sport suspension (upgrade)250No
Total Requested00%
Total Not Requested250100%

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What Our Members Are Saying about the Price of the Toyota Matrix

Price of the Toyota Matrix: Pros
YearBody/PowertrainComment
2005 4dr Hatch 123-horsepower 1.8L I4
4-speed automatic AWD		 The Matrix price represents good value for the features and quality.
2004 4dr Hatch 130-horsepower 1.8L I4
4-speed automatic FWD		 Lease payments were very low.
2004 4dr Hatch 130-horsepower 1.8L I4
4-speed automatic FWD		 In the summer of 2007, I bought this car from a Lincoln-Mercury dealership that had taken it in trade - for $8,995. The car was (and still is) in excellent condition.
2003 4dr Hatch 130-horsepower 1.8L I4
4-speed automatic FWD		 It was pretty cheap to buy - $8000.
2003 4dr Hatch 130-horsepower 1.8L I4
5-speed manual FWD		 Climate control & stereo system in base model. Rear wipers and defrost should be standard. Rear window becomes translucent with heavy rain or snow, which can be cleared easily by 1-3 wiper cycles.
2003 4dr Hatch 130-horsepower 1.8L I4
5-speed manual FWD		 The Matrix was an affordable car. At the time, there were very few options under $20k that met all our needs.
Price of the Toyota Matrix: Cons
YearBody/PowertrainComment
2009 4dr Hatch 158-horsepower 2.4L I4
4-speed automatic AWD		 Price was $3000 more than the Elantra after the options were added.
2009 4dr Hatch 132-horsepower 1.8L I4
4-speed automatic FWD		 Price was a little higher than I wanted but i guess you pay more for quality.

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