If you are looking for a used Subaru Forester, Outback, or Crosstrek, you have likely found the price of a used model is high. It’s because Subaru vehicles retain their value and stay on the road longer than other mainstream brands.
In ALG’s 2019 Residual Value Awards, Subaru gets five individual segment awards and they are singled out to be the top mainstream brand. The 2019 Subaru Impreza gets the Best Compact Car, the 2019 Subaru Outback is Best Midsize Utility-2 Row, the all-new 2019 Forester SUV is Best Compact Utility, and Crosstrek takes Best Subcompact Utility.
In the highly-competitive sports car segment, the 2019 Subaru WRX performance sedan scores Best Sports Car. WRX has been awarded the ALG Residual Value Award for each of the five years it has been available as a stand-alone model since it dropped the Impreza name.
These latest ALG accolades for Subaru, being named Top Mainstream Brand, tells consumers, that all Subaru vehicles retain their value better than other automakers. Subaru Impreza, Outback, Forester, Crosstrek and WRX are most expected to retain the highest percentage of their original price after a conventional three-year period. Subaru’s overall vehicle lineup will incur less depreciation than any other mainstream brands cars.
What does it mean for consumers?
This means it’s better for urban SUV and crossover buyers to buy a new 2019 Subaru Outback, Forester and Crosstrek than it is to buy used. If you’ve tried to purchase a previously owned Crosstrek, you know this is true. The value of a used Crosstrek is just a few thousand dollars less than a new one. This is especially true if you live in the Northeast, Rocky Mountain or Pacific Northwest where the brand is popular.
Subaru’s stable of all-wheel-drive Forester, Outback and Crosstrek have been popular with loyal owners for decades in these areas. Now they are gaining popularity with a new-generation of urban-adventurers who use the vehicles for weekend excursions to the mountains for hiking, biking, fishing, camping, and skiing. The 2019 Subaru Outback, Forester and Crosstrek’s go-anywhere attitude, versatility and fuel mileage is what's keeping these vehicle’s value particularly high when it comes time to sell.
So if you are considering buying a 2016-2018 Subaru Outback, Forester or Crosstrek, check out the used prices, and you might find it better to buy a new 2019 model. Check out the lease deals here.
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Photo credit: Subaru USA