The private rated pilot and certified flight instructor (CFI) had practiced take-off and landings for approximately an hour. After a break, the take-off and landing practice resumed. The private pilot reported that as they approached the runway for a landing, the airplane was properly trimmed for the approach; however, the airplane touched down before they expected it to. The airplane impacted a tire used to mark the end of the runway; the airplane then bounced and yawed right. The private pilot and CFI were unable to regain control of the airplane before it exited the runway and collided with nearby trees. The pilot reported no pre-impact mechanical anomalies with the airplane and said he should have selected a touchdown point further down the runway which would have allowed more room for error. Examination of the airplane revealed the airplane sustained substantial damage to fuselage, wings, and tail section during the accident.