Last post on May 03, 2013 at 6:18 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Subaru Legacy, Sedan, Wagon
#492 of 1005 Re:2006 Legacy Limited 2.5i sedan [rudi2]
Jun 15, 2007 (6:36 pm)
Big word of caution: be sure it's really a Limited model. Many people (including some Subaru dealers!! Grrr!) advertise the vehicle as the Limited model when it's really the Special Edition (SE). In fact, I just searched AutoTrader for used '06 Limiteds and came back with 5 results within 50 miles of my ZIP... as far as I can tell, ALL 5 ARE REALLY SE MODELS! Limited has climate control, leather interior, 6-disc CD changer, heated seats, heated mirrors and front wiper deicer. If it doesn't have those features, it's an SE, not a Limited! (I have an '06 Legacy SE sedan & an '06 Outback 3.0R wagon... even the VIN# for the Legacy SE comes up as a Limited with my insurance agency & dept. of licensing.
The SE's great for me... just be sure of what you're getting. My feeling: $17k would be a very good price for a 2-year-old Limited... just a decent price for an SE. My SE was $19k new. If it's an SE, there are lots of them out there, so I'd shop around for one at the same price that wasn't a rental.
Normally you probably wouldn't need the extended warranty, but being a rental, it had bare-bones maintenance done, may have been driven hard, and the engine may not have been "broken in" properly. It's probably fine, but I'd be a little more cautious. I purchased my Outback 3.0R the same way (formerly owned by Hertz, bought at a Texas auction by my dealer) and it's been great. A few cosmetic things... more scratches on the exterior than if I owned it, and it took about 6 months for the interior to smell completely normal (not slightly smokey or like a wet dog!), but it was worth it for me because the model's a bit hard to find and it drove extremely well.
If you get the extended warranty, I'd advise getting the 100k mile warranty. Be sure it's a Subaru warranty. You can purchase it from any Subaru dealer, even at a later date, up until the point the standard manufacturer's warranty expires. What I'm doing with my Outback is waiting a couple years to see how it holds up after being a rental in its early life. If it has problems, it's covered under the standard warranty for now, so I don't have any unexpected repair costs. If I feel it'll give me problems after 3 years/36k miles, I'll either purchase the extended warranty a year from now, or just trade it in.
Sorry to talk your ear off!
#493 of 1005 2007 legacy se model automatic
Jun 19, 2007 (3:24 pm)
What is a reasonable price to pay in New Jersey for a 2007 se automatic(since the 2008 models are already in?),including destination charge and 7% sales tax but not motor vehicle fees).The msrp shows as $22962(but this is the same msrp as the 2008 on the web).I was going to offer $19,800(which when you back out the sales tax is about $18,800.Do you think any dealer will bite on this? Costco will arrange with a dealer to pay invoice(which I understand is about $2000 below the msrp)but that only seems like a good deal for the 2008 models. Is it reasonable to expect a 2007 to be priced at least $2500 below a 2008? thanks for your advice.
#494 of 1005 Re: 2007 legacy se model automatic [rudi2]
Jun 20, 2007 (12:10 am)
Maybe at the end of the month you could get someone to bite for $18,800 (before taxes, fees), but I think you're about $500 off. A good target is invoice, minus rebates, minus $500-$1000 in factory-to-dealer incentives. You can beat the Costco price for sure, if you get multiple quotes via e-mail. Check out pricing at fitzmall dot com for an idea of current good deals available.
Good luck & happy hunting!
#495 of 1005 Re: 2007 legacy se model automatic [jeffmc]
Jun 26, 2007 (10:06 am)
there does not appear to be much of a price difference on a new 2007 legacy se and 2008 legacy se...on the 2007, I got a price of $20,500 plus tax and mv charges and on the 2008 a price of $21,500.Shouldn't there be more of a price differential between these?There's a $500 rebate on the 2008 and $1000 on the 2007.What do you think a good price on the 2007 should be?Is it worth buying the 2007 if it's only $1000-1500 cheaper than the 2008?
#496 of 1005 Re: 2007 legacy se model automatic [rudi2]
Jun 26, 2007 (10:20 am)
Get the 08, then. Resale will be better later and you get the nicer looking front fascia.
#497 of 1005 Re: 2007 legacy se model automatic [rudi2]
Jun 26, 2007 (1:20 pm)
Those are both great prices. I'm surprised there's a rebate on the '08 already. I don't think there is in my region. Subaru kept prices for the '08s essentially the same ($20 increase on the SE, I think), so the difference in price you're seeing ($1000) between the '07 & '08 comes down to difference in rebates and difference in factory-to-dealer incentives. On the '07, you're getting $1000 rebate plus $1000 of the dealer's incentive. On the '08, it's $500 rebate and apparently about $500 of the dealer's incentive.
Like juice said, it's probably worth it to go for the '08, if the extra $1000 is in your budget. If it's a close call for you, you may want to wait 'til July 1 to see if the rebate increases then on the '07s.
Similarly, several times I've looked for slightly used Subarus, and the resale is so high that I can get nearly as good of a deal on brand new ones, so I've gone brand new. Both of the prices you're offered are about as low as you can get, so you're getting a great deal whichever way you choose to go.
Other than the subtle exterior changes (grille, taillights, etc), and a few minor interior tweaks (new warm ivory cloth color, etc) the '08 has a couple things the '07 doesn't: tire pressure monitoring system, key and remote integrated into one piece, and telescoping steering wheel.
#498 of 1005 2007 vs 2008 rebates
Jul 26, 2007 (1:46 am)
The July rebate is currently $1000 for the 2007 AND 2008 model Legacy 2.5i. This seems strange. Does anyone know if the '07 will get a bigger rebate in August? I want the wagon (discontinued for 2008) so an '07 is my only option.
Should I hold my breath?
#499 of 1005 Re: 2007 vs 2008 rebates [probegtguy]
Jul 26, 2007 (8:12 pm)
Tough call. No one here really knows what the rebates will be 'til they're announced. Have you found the '07 you want? The supply of '07s is starting to dwindle... the car you want would probably still be in stock Aug. 1, but obviously no guarantees there.
You could try negotiating your best deal with your dealer now, then ask if they'd "hold" the vehicle for you (with a deposit as "earnest money") 'til the August rebates come out... and clarify that you'd receive any increased rebate. Unless they're really close to meeting a month-end quota, it'd be no skin off their teeth to wait a couple days, since you'd be buying the vehicle either way. Worth a shot. *shrug*
#500 of 1005 Re: 2007 vs 2008 rebates [jeffmc]
Jul 27, 2007 (1:54 am)
I'm still seeing large numbers of '07s in dealer inventories in my area. Will wait for Aug rebates.
#501 of 1005 Re: 2007 vs 2008 rebates [probegtguy]
Jul 27, 2007 (6:00 pm)
Yup, if there are plenty around, no reason not to wait. Looking online, I only saw 2 wagons in three large dealerships' inventory around here.