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Honda

Honda - Fit (2020)

Looking for reliable data to decide whether the 2020 Honda Fit is right for you? Your search for a clear snapshot of the Honda Fit price ends here. As a compact hatchback that blends practicality with affordability, the 2020 model has become a benchmark in the small‑car segment. By reviewing current market trends, key specifications, and depreciation insights, you’ll gain a comprehensive understanding of what the Honda Fit 2020 price looks like today—and how it compares to other vehicles in its class.

  • Year: 2020
  • Engine: 1.5‑liter, 4‑cylinder, 130 hp, 118 lb‑ft torque
  • Transmission: Continuously Variable Transmission (CVT) or 6‑speed manual (optional in certain trim levels)
  • Fuel Type: Regular gasoline; blends with Formulation E for eco‑conditional performance
  • Dimensions: 144.8 in (length) × 66.9 in (width) × 59.9 in (height) – compact yet spacious
  • Weight: 2,570 lbs (gross vehicle mass) – lightweight for better fuel economy
  • Seating Capacity: 4 passengers with a 60‑/40‑split rear bench that can be folded flat for cargo
  • Fuel Economy: EPA rated 27 mpg city / 35 mpg highway / 30 mpg combined (CVT)
  • Features: Apple CarPlay & Android Auto, 5‑inch infotainment display, Bluetooth, automatic emergency braking, lane-keeping assist
  • Warranty: 3‑year/36,000‑mile bumper‑to‑bumper coverage, 5‑year/60,000‑mile powertrain guarantee

Understanding how the Honda Fit depreciation trend plays out is essential for anyone evaluating the used Honda Fit price. In the first twelve months, the 2020 model typically experiences a loss of 15‑20 % of its original value due to the sharp price drop that follows vehicle release. Over the next three years, the depreciation curve tends to level off, with an approximate total decline of 35‑40 % from the vehicle’s retail price. This pattern mirrors the depreciation of similarly positioned midsize hatchbacks such as the Mazda 3 and Subaru Impreza.

What is a 2020 Honda Fit worth? The answer varies widely depending on trim level, mileage, and condition. Generally, a fair‑priced used vehicle from 2020 can be found in the range of 60‑70 % of its new‑car price when sold. However, the exact figure you see in private‑party listings or dealer quotes can swing left or right based on local market demand, recent updates, and the competitive presence of other vehicles in the segment.

How does the 2020 Honda Fit compare to its peers?