I'm no expert, but I'm on my 3rd Honda ('03 Accord, '05 Civic and now my '06 EX-P) and I don't know your price range. But I would avoid the '03 Elements. I'd venture to say that the only pitfall for Honda's is the first model year for a re-design. A lot of little things went wrong in my Accord (compressor twice within 50k, fan motor within 50k, power window motor 60k). The '01 Civic my buddy had also had some things go wrong with it, that don't seem to go bad in the 2nd-5th year of production.
Just my opinion, but definitely don't buy an '03. I love Honda's, always will, but I'm not buying a new one that's fresh off a redesign, or in this case, fresh off the drawing board.
Honda always thinks their vehicles through very thoroughly before releasing them, but I just wouldn't chance it.
My two cents.
I bought a used '03 ..........had it for 2 years and no problems so I disagree.:lol: