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Comments
They are getting two more in by the end of this month.
My buddy is selling his 2000 coupe 5MT RS for around the same amount with 65K miles on it.
-mike
The Subaru dealer offered $363/month, 2,000 down, for 12,000 miles in a blue pearl WRX.
Mind you, its fully loaded-turbo gauge, short shifter, upgraded radio, premium package, security system, arm rest, etc.
Is this a good offer? Shouldn't I be getting something around $325/month?
My logic behind getting this car is that a brand new BMW 325xi is $419/month, with a 2500 down. And this is a car with a 34k msrp.
In fact, my theory is that subarus lease payments are extremely high because subaru's cars deppreciate so fast- take a look at the residual value of the WRX w/Premium Package.
I'll have to see what price I can get the car down to.
Subaru does not hold value as well as BMW (almost nobody does) so leases on more expensive BMWs are comparable to much cheaper(MSRP) Subarus.
Krzys
Also I don't know anyone who finds leasing really applicable anymore unless they are using it as a writeoff. Why would you get a car you can only drive 12K miles a year in? I drive that many miles in my sleep in a year! I'd burn up a leas in about 1 year.
-mike
You can get a much better deal on a WRX, I've seen basic wagons at $20.5k. I bet in 4-5 years it's still worth half that, so you lose maybe $10 grand overall.
A $34k Bimmer will be worth maybe $18k in the same 4-5 years. So actual depreciation cost is greater, more like $16 grand.
Get a deal on a Subie now, and buy it, don't lease it.
Leasing is a guessing game. Some folks bought '99 Odysseys and sold them 2 years later for more than they paid. You think they would have had a negative lease payment?
-juice
Not sure if Arne Haines as them (can't remember his site), but he gets UK items.
-Dennis
Thanks for the info, but, I really wanted the invoice prices rather than the MSRP.
-Dennis
-Dennis
-mike
THanks
Currently I drive 3 subies:
1996 Impreza L -155K miles, the past 3000 miles have been run at WOT on the track in track situations, no problems with it no matter how much I abuse it.
1992 Subaru SVX -103K miles, tracked 6x, and driven hard the rest of the time. Only regularly scheduled maintenance on it so far.
1994 Subaru Legacy TURBO- 100k miles, just had clutch done about 15k miles ago. Other than that she's running strong.
If you look in consumer reports and JDPowers you'll see their long-term reliability is top notch. Of course if you abuse your car or heavily modify it, all bets are off, but that is the case on any car.
-mike
-juice
- This sounds like a symptom of the early chips and reprograming for ECUs for the WRX. This was an issue on the early chip releases for the WRX (early '03 and before). There were some issues with the Turbo air that the chips did not initially take into account. This is no longer the case since most of the chip manufacturers have accomodated for this.
- In terms of reliability, as is Subaru's reputuation, had early nits and other things, but have since had not problems to speak of. 40K miles so far on a WRX.
1st - Subaru WRX STi
2nd - Mazda RX-8
3rd - Porsche GT2
4th - Nissan 350Z Roadster
5th - BMW 530 Sedan
Their margins are tiny (what, 2% maybe?), I'm sure less than the cost of doing business in that case. They make up the loss on service, which is far more profitable.
-juice
I start looking for accessories like air filtration system, it cost only $31.96 at AllSubaru.com vs dealer $46 (invoice price). Upgrades add up so every penny count,,,
I may get $500 off if I buy this month,,, I'm not great in bargain anyway.
Ok, thanks for everyone's responses!
-juice
What most seem to do is swap the entire trunk out with other people. i wish the spoiler was an option and not mandatory. A little too large for my taste.
Go to the Nabisco classifieds and check for "WTB", i.e. Want to buy.
-juice
I will say those were some of the biggest concerns i have about the sti (spoiler and radio). Of course radio is easy to fix but i am lazy and dont really want to have to go out and get an aftermarket. Plus i love dark gray colors.
-mike
-mike
A trained monkey could install a stereo in the Impreza/Forester. Or just pay $75 for a shop to install it. You can E-bay a WRX 6CD changer for $200 or so.
-juice