Negotiating leverage
57
strong leverage / 100
~41 days of national supply and listings typically ~9% above fair price — strong leverage to negotiate.
Ridekick price intelligence
2016 Honda Fit Price: Fair Market Value & MSRP
A mileage-adjusted read of comparable active listings—not a quote for a specific VIN, trim, condition, or location.
Fair market price
$11,198
Inside the middle half of current listings.
Price intelligence
A map of today's market
Fair price is in the typical market range
$5,995$20,990
- Typical market range
- $10,238–$14,844
- Ridekick fair price
- $11,198
- Original MSRP range
- $16,690–$21,165
Middle 50% of active listings
Mileage-adjusted estimate
3 sourced trims when new
Buyer context
Market pulse
Signals to help you frame a conversation—not a promise about a particular vehicle or dealer.
National supply
41
days of supply
Balanced market
Supply and demand are roughly balanced for the 2016 Honda Fit.
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 |
|---|---|---|---|
| LX | $10,940 | $16,690 | $15,355–$16,022 |
| EX | $11,298 | $18,600 | $17,112–$17,856 |
| EX-L | $11,993 | $21,165 | $19,472–$20,318 |
Trim comparison
How each trim is priced
Estimated dealer cost Original MSRP Fair price
Trim
$10,122$16,053$21,983
Fair priceLX
$10,940
LX: fair price $10,940, original MSRP $16,690, estimated dealer cost $15,355 to $16,022.
EX
$11,298
EX: fair price $11,298, original MSRP $18,600, estimated dealer cost $17,112 to $17,856.
EX-L
$11,993
EX-L: fair price $11,993, original MSRP $21,165, estimated dealer cost $19,472 to $20,318.
All marks use the same price scale. Dealer cost is an estimate; original MSRP and fair price are shown for context, not as a guarantee of a particular vehicle’s price.
Out-the-door price by state
Out-the-door for a 2016 Honda Fit runs about $11,509 in MT to $12,966 in NJ — fair price plus state tax, title, registration, and a typical dealer doc fee.
| State | Sales/use tax | Doc + title + reg | Out-the-door |
|---|---|---|---|
| CA | $812 | $110+ | $12,120 |
| TX | $700 | $332 | $12,230 |
| FL | $672 | $1,074+ | $12,944 |
| NY | $448 | $371 | $12,017 |
| PA | $672 | $587 | $12,457 |
| IL | $700 | $683 | $12,581 |
| OH | $644 | $444 | $12,286 |
| GA | $784 | $637 | $12,619 |
| NC | $336 | $793 | $12,327 |
| WA | $728 | $215+ | $12,141 |
| OR | $0 | $525 | $11,723 |
Estimates using each state's base tax rate. Local (city/county) taxes can add 1–3% in many areas, dealer doc fees vary, and some states base registration on vehicle value or weight (shown with a "+"). Trade-in tax credits are not included.
Out-the-door price by state: California, Texas, Florida, New York, Pennsylvania, Illinois, Ohio, Georgia, North Carolina, Washington, Oregon
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.
Questions buyers ask
What is a fair price for a 2016 Honda Fit?
A fair, mileage-adjusted price is about $11,198, within a typical market range of $10,238 to $14,844.
Is the 2016 Honda Fit cheaper than MSRP?
Yes — its original MSRP was about $16,690, so a fair used price is roughly $5,492 below MSRP.
What is the out-the-door price of a 2016 Honda Fit?
Out-the-door (price plus state tax, title, registration, and a typical doc fee) runs about $11,509 in MT to $12,966 in NJ, depending on your state. Local taxes can add more.
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 57/100 (strong). ~41 days of national supply and listings typically ~9% above fair price — strong leverage to negotiate.
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 9/18/2026. Estimates only; your price depends on condition, options, and location.