Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I was just quoted $26,500 for a 2009 2.5i, loaded but w/o nav - can anyone tell me if this is competitive? Looking to go to Subaru after hearing many good things, but trying to validate whether prices are reasonable.
Also, does anyone know if Subaru has a tiered money factor scale for leases, and if so what it would be for the the Alexandria, VA area? I'd also be interested in knowing the depreciation rate if possible for the 09 Outbacks.
Thanks in advance,
JD
I think Van Bortel in NY also offers no-haggle pricing.
Both would serve as good reference points.
I'm just about to buy a 1995 Subaru Legacy L Wagon for $1200. It has 200k miles, and the only apparent problem is that the driveshaft is noisy (however I did not hear anything when I test drove it).. It is auto, a/c, cruise, pw and 4w drive.
I'm only staying in the us for a year and want to sell it back before I leave.
Do you think it will be possible?
How many miles do you think it still can go?
In short, do you think it worth it?
Thanks!
Turn the radio off and drive it with the windows open. If the drivetrain is truly quiet, and the engine leaks no oil, then go for it. You may want to get a mechanic to do a pressure test on the cylinders.
Dealer was top notch also. I purchased the car over the phone from Europe. Wife and kids came into Logan and were met by the dealer. They took them to the dealership and they left 20 minutes later in the new car.
Congrats. Noone knows you bought it used except you.
Aren't those $28 grand or so usually?
100 miles? That's crazy!
Total capitalized cost 27729 including dest charge, registartion, fees, and 900 of remaining payments on my current jeep lease
39 months w 15000 miles/year
$431/month including taxes
Good deal?
My question is this: Is this a good deal? The dealer who is quoting me $21.9k e-mailed me the invoice sheet -- it shows the invoice as dated June 18, 2008, and the dealer cost as $24,472. I realize there exists a dealer holdback (3%), so would presume that on the $26,106 MSRP, the dealer holdback is $783.18 (26106*0.03). And, as there is a $1,500 incentive (at least according to the dealer -- can't find anything else anywhere), that would put the car at 24472-783.18-1500=$22,188.22.
While the car has been on the lot for over 6 months, it would (appear) this particular dealer is selling the car at a loss. If so, I'm a bit surprised however at the other dealer's quote of an even lower price (unless they can command a lower purchase price from Subaru). (The loss leader goes without saying.)
A few questions:
1) Are there any other promotions going on from Subaru? (BTW - I live in Oregon)
2) What's the average turnover rate on a Subaru? (6 months SEEMS like a LONG time)
3) What are people's thoughts -- good, bad, or so-so deal?
I'm not in a rush to buy a new vehicle -- but I was thinking/hoping that as 2008 closes, the dealers would really go rock-bottom on their prices to make one more sale before year-end.
Thanks
After two days, I noticed a rust spot on the front hood of the car. Then, inspecting more closely, I saw that there were more rust spots which had been painted over (and they hadn't even done a very good job at it). They were at the bottom front of the car, so unless you were really looking for them, you wouldn't notice. Also, there was a patch of damage (about a quarter sized -- maybe hit a curb) around the same area that had been repaired with any sanding of the metal or anything).
So I checked the undercarriage and noticed more rust. For a car with only 37,000 miles, there shouldn't be this much rust unless...
We are very concerned that this might be a flood vehicle (It came from Georgia and we live in New York) But, as a certified used car, it came with a clean carfax report and they are supposed to do a 140 point inspection, etc etc...
However, I noticed something fishy. On the carfax and dealer documents, our car is listed as a Subaru Legacy Outback. But the car is a 2004 Outback 35th Anniversary Edition. Nowhere on the car is it labeled "Legacy". The car is not a Legacy right? Or were the models simply used interchangeably at that time??
HELP! We paid the blue book value on this car for a car in great shape, and assuming because it is certified and backed by the Subaru name, that we didn't have to worry about these things or have it checked out by our own mechanic. Is it possible this car is listed under a stolen VIN or title? Or some kind of mistake?
How should we approach the dealer?
The "Certified" cars basically come with an extended warranty. Does yours have a warranty? I'm not sure how much would be left... An '04 is a 5-yr-old car..
As far as rust on the under-carriage? I can't see it from here... but, most cars look pretty rusty under there... It's mostly surface rust, since the components aren't painted (generally).
regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
"Excellent" condition means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. This vehicle has never had any paint or body work and is free of rust. The vehicle has a clean title history and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records. Less than 5% of all used vehicles fall into this category."
Notice that it says free of rust, never had any paint/body work, clean title history, Also note, it says less than 5% of all used vehicles fall into the Excellent catagory.
It is possible you had a vehicle that sustained flood damage. The only way you could tell is if the vehicle was totalled by the insurance company. Then their would be a Salvage title. The CarFax report is never going to tell you anything except when it has a Salvage Title. Total Loss is normally reached when the total cost of repairs reach 70% or more of the vehicle's value. Some flood damage could easily be fixed for a fraction of that. Point being, it could've been flood damaged but there is no way of ever proving it. In my opinion, you should've inspected the vehicle before buying it.
My local Chevy dealer has a sign on every used car that says certified... but, it doesn't mean anything...
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
If that CPO was a dealer claim, I'd go back to the dealer. Of course all they will do is try to get you to trade up to something else, perhaps offer you full KBB on your trade.
The car is actually CPO. Subaru certifies cars up to 6 years old, with certain specifications. And it is under warranty until June '10 (for powertrain and bumper to bumper).
Already spoke to Subaru about the problem who told us to approach the dealer and then return to Subaru customer service to make sure it was resolved to our satisfaction.
thanks!
Hehe, sure! They are certifying that it was owned by someone prior to it being on their lot! It is a certified pre-owned car! :P
You pay more for a CPO to avoid this exact type of problem.
Until recently, I had an '05 Outback 2.5i with 42k miles that has been a pleasure to own since we purchased it new in November 2004. It was unfortunately destroyed over the holiday and I'm now looking for a replacement. From my browsing on Fitzmall, it appears that an Automatic 2.5i SE with MSRP of 25901 can be had for 21677, which is right in between your two numbers. This would be the maximum I would pay. My local dealer, Becker Subaru, said they would match this price, but I'm going to get a few more quotes as well. I also am not sure what price to target since dealer incentives aren't easy to determine, but it doesn't hurt to get as many quotes as possible.
The insurance company gave us ~$14,100 for our '05 plus 6% tax and the doc fee, totaling just over $15,000 as the settlement. I'm happy that I get to upgrade to a brand new '09 model for just $6677 extra (maximum) plus tax and tags. Can't complaint too much about the depreciation during my 50 months of ownership. We only did oil changes, air filters, and tire rotations during that time.
I did hear that my wife's co-worker also got a new '09 Outback 2.5i SE for ~ $21.5k (don't know the exact price) via the Internet ~ 1-3 months prior (don't know the full details).
The bottom line, is that it appeared the loss-leader was the lowest (but only by about $400). That, and the fact that none of the dealers were having any great end-of-the-year pricing. I have since opted to wait until ~ September, where I'll reinvestigate making a purchase.
Thank-you for your response however -- it's nice to know that I didn't appear to be leaving a lot of $$$ on the table.
Bob
If the price difference were more significant, I myself would opt for an '08, but for that kind of measly difference, I'd highly recommend the '09.
Also, I am wondering about whether or not their lease special at 239 a month is a good deal for a 2009 Outback 25i Special Edition? It did not say what the residual or money factor was for this car. Any thoughts would be welcome!
Is the $19.3k for a manual or automatic transmission?
The lowest I could find on a new '09 2.5i SE automatic was $20.9k (loss-leader in the paper), and $21.3k (lowest price I could negotiate via the Internet). This was all at the end of 2008.
So, if it was an automatic, I'd say it's a heck of a deal... At least compared to what I could find. I'm in the Portland, OR area, and Subaru's are quite popular, so if you were in an area were they weren't popular, perhaps that would come into play as well...
Best of luck.
I am in Indiana and am not sure how popular they are... I see a few here and there. I do not believe the sales person specified manual/automatic, but I will find that out tonight.
As for the lease, is the $239 a month a decent deal? Assuming that the residual is not like $16000... I think I will likely need to go with the lease in this economy and just plan on buying it out when we come out of this mess. Thanks for the information!!
I see that in most parts of the country, there is $1,500 customer cash for the '09. However, in my area (Tennessee) there is no current incentive for the '09 Outback. In my area, for the '08 you can get $1,500 customer cash and 0% financing for 2 years.
Has anyone ever noticed incentive differences between regions like this?
There's no way I could consider negotiating on a '09 in my area if I can't get a $1,500 rebate that people in other parts of the country can get!
Maybe there will be customer cash in February in Tennessee? Maybe not?
Thanks to Edmunds.com, we were able to get quotes fairly effortlessly from several dealerships and work an acceptable deal with the dealership of our choice. We found it pays to shop around! Definitely puts you in the driver's seat!
If so, any idea if this level of discount would hold for the 3.0R Limited?
Thanks.
with an msrp of $29,489, this would suggest an invoice of about $27,500 bsaed on edmundsTMV.
If you got this for $25,842, that means it went for roughly $1,700 under invoice. I think dealer holdback is only 3% of msrp = $900, so they are taking a pretty big loss on this to let it go for that price.
did you have a trade? or maybe that price included the $1,500 off which would make more sense at $200 under invoice - though you probably could have done better.
though if you numbers are prior to the $1,500 off that's great, b/c now i know where to start negotiations...
(a) $1,500 cash back plus 2.9% or
(b) $1,500 customer cash
I don't really follow this - why would (b) be any better. Am i reading this right? Or can you combine the cash back with the customer cash to get $3,000 reduction (albeit take a worse apr).
maybe someone can translate the below
Outback
CASH BACK PLUS 2.9% FINANCING ON 09 SUBARU OUTBACK MODELS
Cash Back may not be combined with any other incentive but an APR incentive. Financing for well-qualified applicants who finance through Subaru Motors Finance. Length of contract is limited. Subject to credit approval, vehicle insurance approval and vehicle availability. No down payment required. See participating dealers for details. Must take delivery from dealer stock by March 2, 2009.
$1,500 Cash Back plus 2.9% Financing on 09 OUTBACK models (excluding Outback Sport)
$ 0 Cash Back plus 2.9% Financing on 09 OUTBACK Sport models
2.9% FINANCING ON ALL 09 SUBARU OUTBACK MODELS
Cannot be combined with any other incentive. Financing for well-qualified applicants only. Length of contract is limited. Subject to credit approval, vehicle insurance approval and vehicle availability. No down payment required. See participating dealers for details. Must take delivery from dealer stock by March 2, 2009.
CUSTOMER CASH ON 09 SUBARU OUTBACK MODELS
Now through March 2, 2009 - 09 OUTBACK models are available with Customer Cash. Must take delivery from dealer stock by March 2, 2009. See your participating dealer for details. Cannot be combined with any other incentives.
$1,500 Customer Cash on 09 OUTBACK models (excluding Outback Sport)
$ 0 Customer Cash on 09 OUTBACK Sport models
SPECIAL LEASE OFFER* ON 09 SUBARU OUTBACK (9DC)
Now through March 2, 2009 - $239 per month for 36 months with $1,699 due at lease signing. $0 security deposit. Tax, title and registration fees extra. Other leases available on other models. Cannot be combined with any other incentives.
If you get snow - you won't regret getting a Subaru.
I like the Sienna but in the snow I'll borrow my wife's Forester. If she lets me.
i know the program is 1,500 rebate + 500 owner loyalty + apr.
ignoring rebates, what about starting the discussion at 800 under invoice?
thoughts?
I'm finding Outback SEs locally for about 15% below MSRP incl. freight ... $26,028 MSRP for $23,088 including freight and $289 dealer fees and taxes, or about $24,310 out the door.
Outback Limiteds are ~$29,338 MSPR, selling at $25,698 including freight, or about $27,026 including taxes & dealer fees.
This dealer is not participating in the $1,500 rebate as far as I can tell.
These are well below TMV prices and about $500 below prices a few months ago.
But I'm also thinking that deals not depending on the rebate are not going to be much worse in May than early March, I don't see the economy turning around in the next 60 days.
Tough time to choose whether to stick with my'01 Audi A6 wagon w/ 99k on it for another year or 2 (wait for an Outback diesel?), or buy while the deal is good.
Mainly I'm annoyed at the huge premium charged for the Ltd. over the SE for things I don't care about when I really am interested in leather & dual zone AC only. No a la carte ordering ... puh.
Like you, all we really wanted beyond the SE was leather and dula zone AC. Didn't care about other things.
We debated waiting on the Diesel. Obviously, you know our decision! No regrets.
Good luck!
Maybe you both should inquire with your local dealers about adding leather to an SE. Good luck.
I am a member of the IMBA so I can use the Subaru VIP program which I understand gives a 2% discount off of invoice plus no additional fees (except tax and title). 2% is about $450 so the dealer should charge me about $22,175.
There is a new $2000 cash rebate to the customer. So I should be able to write a check to the dealer for $20,175.(plus TTL)
Two questions, do these calculations sound correct? Should I expect the dealer to go more than 2% under invoice? ("The dealer was getting $1,500 cash incentive before Subaru started this $2,000 rebate - per cars101.com so things have changed in the last few days.)
Thanks
PS - I am located in Upstate South Carolina - I don't see many Subaru's around here unless I drive up to Asheville, NC.
Thx.
Subaru VIP program - a Subaru program to promote the interests of Subaru and the organization/company
See (and the FAQ page linked from here) for more details
http://www.imba.com/tcc/subaru.html
And search for "Subaru VIP" using google to find other orgs
I need your help,im looking to buy a used 2001 outback limited (2.5 engine) with 41,000 miles on it this week.I've done some researched on the vehicle and found out alot of people have problems with the Head Gasket going out? Anyone had any problems with this on their 2001 Outback? Please share i need to know quickly..i put deposit for the vehicle...Thanks