The Best “Bang For Your Buck” Hatchback - Subaru Impreza Vs. Honda Civic
What are the best car lease deals across the U.S. for compact hatchback shoppers? According to Automotive News, the Intersection newsletter, the 2020 Subaru Impreza, and the incoming 2021 Subaru Impreza are the best compact hatchback deals in America. How does Subaru Impreza compare with the top-selling Honda Civic?
AN reports Market Scan analyzed the relationship between Manufacturer Suggested Retail Price (MSRP) and the monthly payment to determine which lease deal delivers the best "bang for the buck." They use a Payment Value Index (PVI) to come up with the figures below.
What is MSRP?
MSRP is known as the "sticker" price or the price in a car's window. MSRP is the price an automaker gives a new vehicle and recommends dealerships charge for its cars.
To find the best "bang for the buck" deals in America, Market Scan takes the average MSRP of all the individual trim levels for each model. It includes all taxes, registration, and destination and delivery fees. The average MSRP is based on a 36-month lease, 12,000 miles per year, 720 credit score, and 5 percent customer cash down.
Market Scan then comes up with the average best lease payment of every car in America. The figures below are based on all four 2020 and 2021 Subaru Impreza hatchback trim levels; base, Premium, Sport, and Limited.
According to their calculations, the 2020 Subaru Impreza is the best "bang for the buck" hatchback deal across the U.S., with an average MSRP of $23,478 and an average best payment of $314.02.
The 2021 Subaru Impreza is the next best hatchback deal with an average MSRP of $23,795 and an average best payment of $314.65. The Impreza's closest competitor, the 2021 Honda Civic, has an average MSRP of $26,138 and an average best payment of $326.71.
Impreza received a minor refresh for 2020. In year five, the 2021 Impreza received minor changes and a reshuffling of standard features previously options. If you can wait, a total redesign of the Impreza comes for the 2022 model year.
What's next for the 2022 Impreza?
A full redesign is coming in 2022, and we know the next-generation 2022 Impreza will come with the new EyeSight X driver-assist safety technology. It could get a new 1.5-liter turbocharged engine, and Subaru could drop the manual transmission.
If you are looking to buy now, most buyers will purchase the 2020 Subaru Impreza, and 2021 Subaru Impreza Premium or Sport trims. According to Market Scan, Subaru offers the best "bang for the buck" Impreza deal across all trim levels.
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Denis Flierl has invested over 30 years in the automotive industry in a consulting role working with every major car brand. He is an accredited member of the Rocky Mountain Automotive Press. Check out Subaru Report where he covers all of the Japanese automaker's models. More stories can be found on the Torque News Subaru page. Follow Denis on Facebook, Twitter, and Instagram.
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