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New Subaru Outback Costs Nearly $8,000 Less-To-Own Than The Average SUV

What is the lowest cost-to-own midsize SUV? According to a new report, the 2021 Subaru Outback is the overall winner by a large margin.

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Does the 2021 Subaru Outback offer good value for midsize SUV shoppers? According to a new report from Kelley Blue Book (KBB), the recently remodeled Subaru Outback is by far the lowest cost-to-own midsize SUV. In the KBB 2021 5-Year Cost to Own Awards, the 2021 Outback beats a competitive Two-Row SUV segment and wins by a large margin.

What does it mean for Two-Row midsize SUV shoppers?

KBB adds up all costs associated with a vehicle for five years to come up with the winners. Costs such as fuel, maintenance, repairs, financing, insurance, and one of the most significant factors of all, depreciation, are all factors that affect a vehicle’s total ownership costs.

2021 Subaru Outback, 2022 Subaru Outback features, specs, pricing

The 2021 Outback retains its value better than all other SUVs and has the lowest cost-to-own number in the Two-Row midsize SUV category. How much does the Outback cost to own?

KBB predicted the 2021 Subaru Outback to have a 5-year cost-to-own of $40,614 (including the purchase price), a whopping $7,924 less than the Two-Row SUV segment average.

2021 Subaru Outback, 2022 Subaru Outback features, specs, pricing

The 2022 Subaru Outback arrives this summer with a modest price increase and the all-new Wilderness trim.

The 2022 Outback now comes in eight trim levels; the base trim is priced from $27,845 (+$225), Premium ($30,270 +$175), Limited ($34,720 +$75), Touring ($38,620 +$75), Onyx Edition XT ($36,270 +$75), new for 2022, Outback Wilderness ($38,120), Limited XT ($39,120 +$75), and Touring XT ($41,070 +$75). Pricing includes $1,125 destination and increase of $75 over the previous year.

What is the price of the 2021 Subaru Outback?

The 2021 Outback comes in seven trim levels, base $27,845, Premium ($30,095), Limited ($34,645), Onyx Edition XT ($36,195), Limited XT ($38,545), Touring ($39,045), and Touring XT ($40,995). Pricing includes $1,050 destination.

Along with the 2021 Outback, the 2021 Forester and 2021 Ascent are among the eleven best new SUVs in KBB’s 2021 5-Year Cost to Own Awards. The 2021 Forester wins the Compact SUV segment, and the 2021 Ascent takes home the Three-Row SUV trophy.

Midsize SUV shoppers have many choices, and according to KBB, the 2021 Subaru Outback is the best value in the Two-Row SUV category. Consumers will save $7,924 over five years. Check out the 2022 Outback lineup in the Torque News report below.

You Might Also Like: 2022 Subaru Outback Pricing And A Look At Every Trim Including The All-New Outback Wilderness Model

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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Photo credit: main image Budds Subaru

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Ronald Friesen (not verified)    May 2, 2021 - 12:24AM

Hi Dennis,
Could you clarify how a new car (Subaru Outback) could have lowest 5-year cost to own while it is still new. Is this a projected estimate based on data from 5-year-old cars? How do we know the new model will perform the same as the old model? I am completely baffled by the claim that a new car can/will be lowest cost to own when the data is not in yet for that year. Help! Thanks.