If you are thinking of purchasing a used Subaru Outback to save money, you might want to reconsider. Subaru of America, Inc. announced the 2019 Outback won Kelley Blue Book’s 2019 Best Resale Value in its respective category. The 2019 Outback SUV has secured multiple segment wins over the Kelley Blue Book Best Resale Value Awards’ 17-year history, and the Outback SUV/Crossover has now earned its fourth win in the Best Mid-Size SUV/Crossover (2-Row) segment.
What does it mean for urban consumers?
The annual Kelley Blue Book 2019 Best Resale Value Awards honor the vehicles that are expected to retain the highest percentage of their original price after a conventional three-year period and also after five years of ownership. It’s better for urban SUV and crossover buyers to purchase a new 2019 Subaru Outback than it is to buy used. You won’t get enough of a discount if you do buy a previously owned model.
So if you are considering buying a Subaru Outback, it may be better to buy a new 2019 model. If you’ve tried to purchase a previously owned Outback, you know this is true. The value of a used Outback 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.
According to KBB, the 2019 Subaru Outback resale value at 36 months is 59.0 percent and at 60 months: 45.2 percent. The 2019 Dodge Durango is the second place finisher with a 53.8 percent resale value at 36 months and 41.0 percent at 60 months. The 2019 Jeep Grand Cherokee comes in third with a resale value at 36 months: 51.8 percent and at 60 months: 41.0 percent.
New Outback deals
If you’re looking at purchasing a new 2019 Subaru Outback, Subaru of America is offering some good purchase and lease deals right now. They are offering zero percent financing for 63 months with a monthly payment of $15.87 per $1000 borrowed on all Outbacks. There’s no down payment required, and the offer is good now through January 31, 2019. If you are looking at leasing, you can get a 36-month lease for $269/Month on a new 2019 Outback 2.5i with $1,983 due at lease signing and $0 security deposit. The offer is also good through January 31, 2019.
These latest KBB accolades for Subaru tells consumers, that many Subaru vehicles retain their value better than other automakers. The 2019 Subaru Crosstrek and Legacy also won Kelley Blue Book’s 2019 Best Resale Value in their respective categories and Forester came in 3rd place with a resale value at 36 months: 59.4 percent, and at 60 months: 42.4 percent. Subaru’s overall vehicle lineup will incur less depreciation than most other mainstream brand's cars.
Subaru’s stable of all-wheel-drive vehicles has been popular with loyal owners for decades. 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’s, go-anywhere attitude, versatility, and utility is what's keeping the vehicle’s value particularly high when it comes time to sell.
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Photo credit: Subaru