Real price data
What should you pay for a 2016 Honda Fit?
Original MSRP
$16,690
When new
Fair market price
$11,034
Mileage-adjusted
Below MSRP
$5,656
A fair used price
Where prices land
25th $9,992 · 75th $13,995 · MSRP $16,690
Spread of current 2016 Honda Fit listings · 25th–75th percentile marked.
Negotiating leverage
46
out of 100
moderate leverage
~41 days of national supply — moderate negotiating leverage.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
41days of supply
Balanced marketSupply and demand are roughly balanced for the 2016 Honda Fit.
National Market Day Supply — how long it would take to sell the current used 2016 Honda Fit inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$15,355–$16,022
Estimated dealer invoice — about $16,690 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| EX | $10,788 | $18,600 | $17,112–$17,856 |
| LX | $10,806 | $16,690 | $15,355–$16,022 |
| EX-L | $11,515 | $21,165 | $19,472–$20,318 |
- EX
- $10,788
- LX
- $10,806
- EX-L
- $11,515
Fuel economy
32
MPG city
37
MPG highway
34
MPG combined
EPA-estimated fuel economy for a representative 2016 Honda Fit configuration (Regular).
Safety & recalls
1 open NHTSA recall on record for the 2016 Honda Fit.
STRUCTURE
Honda (American Honda Motor Co.) is recalling certain model year 2015-2016 Fit LX-trim vehicles manufactured April 11, 2014, to July 02, 2015 and not equipped with a sunroof. In the affected vehicles, the rear grab handle brackets were not manufactured properly, and as a result, the brackets may puncture the side curtain air bags upon their deployment. As such, these vehicles fail to comply with Federal Motor Vehicle Safety Standard (FMVSS) number 214, "Side Impact Protection" and number 226, "Ejection Mitigation".
Remedy: Honda will notify owners, and dealers will replace the rear grab handle bracket, free of charge. The recall began on December 18, 2015. Owners may contact Honda customer service at 1-888-234-2138. Honda's number for this recall is JV8.
Campaign 15V697000 · 23/10/2015
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Honda Fit?
A fair, mileage-adjusted price is about $11,034, within a typical market range of $9,992 to $13,995.
Is the 2016 Honda Fit cheaper than MSRP?
Yes — its original MSRP was about $16,690, so a fair used price is roughly $5,656 below MSRP.
Is now a good time to buy a 2016 Honda Fit?
There are about 41 days of national market supply for the 2016 Honda Fit — Supply and demand are roughly balanced for the 2016 Honda Fit.
How much can you negotiate on a 2016 Honda Fit?
Negotiating leverage rates 46/100 (moderate). ~41 days of national supply — moderate negotiating leverage.
What does the dealer pay for a 2016 Honda Fit?
The estimated dealer cost (invoice) is roughly $15,355–$16,022 — its $16,690 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
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Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.