- #575 of 789
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Re: Price check on used 2006 Tribeca Ltd. [jeffmc]
by lkconfer
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Jan 23, 2007 (9:29 am)
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Replying to: jeffmc (Jan 22, 2007 7:48 pm)
I never really depended on the KBB for pricing. I did some research and found that the dealer invoice on the 2006 limited was $31,571. According to VinCentric, the depreciation on a 2006 7 passenger ltd is $8091 in year 1 and $2611 in year 2 (a $10,702 two year depreciation total). Thus, the actual value of the vehicle is somewhere around $20,869 - $22,175. I know that the dealer has had this vehicle for a long while now, and that someone at the dealership has been racking up the miles. The same wehicle was originally advertised on the internet with 8800 miles. There is currently ~2500 miles on the tripometer.
I thought that ~$23,500 would be the point that I would tell the dealer "thanks, but maybe another time ... call me if you change your mind" and walk out. I would expect to receive a call back by the end of the month, but if not, I'd continue to look around. I'm under no pressure to buy right now. My feeling is that this dealer has had a very slow January, even for a Subaru dealer. Also, according to a recent press release from Subaru of America, the December 06 sales of new Tribecas are down 42% from December 05. Unfortunately for Subaru, the Tribeca is their albatross, the Japanese Edsel! However, this is how I like to buy my cars, finding outstanding deals on quality vehicles that are out of favor with the general "current hot prestige oriented" buying public. My current car is a 93 Mitsubishi Diamante wagon, a high quality vehicle that was passed over by the general public. I bought it for $6500 six years ago and put on an additional 100,000+ miles on it since. Granted, the Tribeca is more than a little out there in styling (some may say it's uglier than a baboon's butt), but it does kinda of grow on you. However, it has excellent reliability and crash test reviews, and I can handle "ugly" at the right price.
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- #576 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by ateixeira
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Jan 23, 2007 (6:49 pm)
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Replying to: lkconfer (Jan 22, 2007 3:16 pm)
I doubt you'll get it that cheap. I'm also looking at used 06s and the cheapest prices you see for a 7 pass Limited with Nav are right around $26k. Mileage varies between 8k and 22k and to be honest the higher mile ones are no cheaper.
Add the DVD and figure on $27k for a target price.
I seriously doubt you'll get it for $23.5k. For that much I'd buy 2 of them.
I'd say buy it even if you can get it for $26k, that's a grand cheaper than I think they would go.
-juice
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- #577 of 789
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Just got 07 5-passenger limited
by thecableguy
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Jan 23, 2007 (8:58 pm)
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from Van Bortel Subaru in Victor, NY.
I imported the vehicle into Canada. It cost me US$30412.5 including remote starter, reverse sensors, bumper cover and rubber mats. No tax because I don't live in NY.
The vehicle is great. However, there are some noise when turn up/down driver side window. The dealership here in Richmond Hill, ON had it re-adjusted and it's covered by warranty.
Special thx to cocopandan. You advised me to import a Subaru.
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- #578 of 789
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Re: Price check on used 2006 Tribeca Ltd. [ateixeira]
by lkconfer
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Jan 24, 2007 (2:53 pm)
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Replying to: ateixeira (Jan 23, 2007 6:49 pm)
I don't quite agree. The new Suzuki XL7 it currently being heavily advertised and is going to be a competitor to contend with from Subaru's perspective. Even though the XL7 quality is still not up to that of the Tribecca, one can pick up a fully loaded XL7 at the base price for a 2007 Tribeca. Subaru isn't going to spend any further dollars advertising their "Edsel" version of the Tribeca until the revamped version is introduced later this summer. This will force the dealers and Subaru Corporate to give some substantial discounts and incentives on the current 2007 models. All of this is occurring at the same time that the used 2006 Tribecas from the one year and fleet leases are being dumped into the market. I think with diligence in watching available stock, some good negotiation skills, and a little patience, one will be able to snap up the used Tribecas at unheard of discounts.
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- #579 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by ateixeira
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Jan 25, 2007 (10:28 am)
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Replying to: lkconfer (Jan 24, 2007 2:53 pm)
I hope you're right and I'm wrong, because at $23k I would very likely buy one. I just haven't observed prices that low yet.
Maybe when the 08s arrive that will happen.
-juice
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- #580 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by ateixeira
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Jan 25, 2007 (10:29 am)
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Replying to: lkconfer (Jan 24, 2007 2:53 pm)
XL7 is much improved, especially the engine, but it's a niche player that won't have a big impact on any of its competition. They'll carve out a little niche for themselves, though.
Their warranty is fully transferable, so as a used car it's the best warranty you can buy.
-juice
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- #581 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by jeffmc
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Jan 25, 2007 (10:42 am)
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Replying to: lkconfer (Jan 23, 2007 9:29 am)
lkconfer - I like your strategy. Perfect conditions to buy. Diamante's a nice vehicle. Cars101.com says invoice, including destination, on a 7-pass Ltd w/DVD & Nav, is about $35,700, not $31,571. I think I recently read that Subaru has stopped (or slowed?) production of '07s to help reduce inventory by the time the '08s come out.
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- #582 of 789
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Re: Price check on used 2006 Tribeca Ltd. [jeffmc]
by lkconfer
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Jan 25, 2007 (11:21 am)
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Replying to: jeffmc (Jan 25, 2007 10:42 am)
Just saw a used 06 Tribeca Ltd with NAV, (no DVD though), 3rd row, and only 13K miles ADVERTISED for $26,900 at a local dealer. CarFax didn't turn up any negatives on it. I made an appointment to go look at it. Maybe with a little luck and negotiation, I'll be able to get it for ~$24-25. A freezing cold snap and flurries in the forecast is keeping the prospective customers in their own warm houses and the dealer showrooms empty. This is all happening with only six business days left before the end of January. It looks like the "perfect storm" is forming for the buyers. I'll see soon. Keeping my fingers crossed ...
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- #583 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by ateixeira
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Jan 25, 2007 (11:42 am)
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Replying to: lkconfer (Jan 25, 2007 11:21 am)
Go get 'em. Good luck!
Best deal I saw was a similar car with only 7800 miles for $26k. The asking price is not too bad.
-juice
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- #584 of 789
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Re: Price check on used 2006 Tribeca Ltd. [lkconfer]
by jeffmc
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Jan 25, 2007 (12:27 pm)
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Replying to: lkconfer (Jan 25, 2007 11:21 am)
Sometimes winter weather actually increases the traffic in Subaru showrooms. That's more likely at the beginning of winter, though, I'd guess.
Like juice said, good luck out there! Sounds like you're a very disciplined, knowledgable buyer. Let us know how it goes.
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