By on July 17, 2019

Subaru is upping the starting prices of the redesigned 2020 Outback crossover and Legacy sedan by a rather modest amount. The automaker was even confident enough to list the hikes in its own press release, when the industry standard is to simply announce the new MSRP and hope nobody bothers to check what last year’s model went for.

The 2020 Outback will start at $27,655 while the Legacy will begin at $23,645. According to Subaru, that’s an increase of $300 and $200, respectively — though the actual difference over last year’s models is a few bucks higher. Just negotiate a full tank of gas or a handful of air fresheners at the dealership if you feel you’re being slighted.  (Read More…)

By on September 24, 2018

used cars used car lot

Ever since the end of the recession, new car prices have crept up steadily while used vehicle values remained comparably low. In fact, compact cars actually became less expensive between 2013 and 2017 as the crossover craze left a glut of small, economical vehicles that could be purchased for little more than a smile.

Unfortunately, the tide is turning. A sudden influx of end-of-lease vehicles was supposed to continue suppressing used vehicle prices for 2018. However, things have not played out that way. Despite there being so many gently used vehicles saturating dealer lots, average used-vehicle prices reached $20,153 in the second quarter of this year — making it the first time the market has ever broken the $20K threshold. According to research firm Edmunds, the 3.3-percent increase over 2017’s second quarter was also a record.  (Read More…)

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