How much should a Subaru Impreza cost?
The Subaru Impreza is a popular compact car known for its reliability, all-wheel drive capability, and affordability. Whether you're looking to buy a new or used Impreza, understanding the factors that influence its cost can help you make an informed decision. In this article, we'll break down the pricing for Subaru Imprezas and what you should consider when budgeting for one.
Factors That Influence the Cost of a Subaru Impreza
The price of a Subaru Impreza can vary widely depending on several factors. Here are the key elements that determine its cost:
- Model Year: Newer models typically cost more than older ones due to updated features, technology, and warranties.
- Trim Level: Subaru offers different trims for the Impreza, such as the Base, Premium, Sport, and Limited. Higher trims come with more features and a higher price tag.
- Condition: A brand-new Impreza will cost significantly more than a used one. Certified pre-owned (CPO) vehicles may cost more than regular used cars but often include warranties and inspections.
- Mileage: For used Imprezas, lower mileage generally means a higher price, as it indicates less wear and tear.
- Location: Prices can vary depending on your geographic location due to demand, taxes, and dealership pricing strategies.
- Additional Features: Optional features like upgraded sound systems, navigation, or advanced safety packages can increase the cost.
Average Price Range for a Subaru Impreza
Here’s a general breakdown of what you can expect to pay for a Subaru Impreza:
- New Subaru Impreza: The starting MSRP for a new Subaru Impreza typically ranges from $20,000 to $28,000, depending on the trim and options.
- Used Subaru Impreza: Prices for used Imprezas can range from $10,000 to $20,000, depending on the model year, mileage, and condition.
- Certified Pre-Owned (CPO): CPO Imprezas usually cost slightly more than regular used models, often ranging from $15,000 to $25,000, but they come with added benefits like extended warranties.
Tips for Getting the Best Deal
To ensure you get the best value for your money, consider the following tips:
- Research Market Prices: Use online tools like Kelley Blue Book or Edmunds to check the fair market value for the Impreza you're interested in.
- Shop Around: Visit multiple dealerships or private sellers to compare prices and negotiate for the best deal.
- Consider Financing Options: If you're buying new, explore financing deals or incentives offered by Subaru dealerships.
- Inspect Used Cars Thoroughly: If buying used, have the car inspected by a trusted mechanic to ensure there are no hidden issues.
- Look for Seasonal Deals: Dealerships often offer discounts at the end of the year or during holiday sales events.
Conclusion
The cost of a Subaru Impreza depends on various factors, including its model year, trim level, and condition. By doing your research and shopping smartly, you can find an Impreza that fits your budget and meets your needs. Whether you're looking for a reliable daily driver or a versatile all-wheel-drive vehicle, the Subaru Impreza remains a solid choice for many car buyers.
Frequently Asked Questions
Is Subaru Impreza a reliable car?
The Subaru Impreza has an average reliability rating from RepairPal of 3.5 out of 5.0. Common problems with the Subaru Impreza include engine issues, sudden and abrupt acceleration, transmission failure, and air bag problems.
Do Imprezas hold their value?
A Subaru Impreza will depreciate 28% after 5 years and have a 5 year resale value of $19,882.
Why did Subaru stop making Impreza?
Subaru told Autoblog during the Impreza's reveal that it was indeed a financial decision. The hatchback outsold the sedan by a 3-to-1 ratio, and with the Crosstrek outselling every Impreza by the same ratio, well, do the math. The Premium and Limited trims were also axed, leaving the Base and Sport trims.
Are Subarus expensive to buy?
Subarus cost more to own than most other cars, as repairing them is typically more expensive. However, they usually retail at similar prices as other cars and require fewer repairs overall. If you're in the market for a Subaru, you're in the right place.
Do imprezas hold their value?
A Subaru Impreza will depreciate 28% after 5 years and have a 5 year resale value of $19,882.
Are Subaru Imprezas expensive to fix?
A Subaru Impreza will cost about $6,129 for maintenance and repairs during its first ten years of service.
How long do Subaru Imprezas last?
The new 2024 Subaru Impreza is a long-lasting sedan or hatchback with an excellent life expectancy. You can project it to go somewhere between 200,000 miles and 250,000 miles, giving it a projected lifespan of 13 to 17 years if it's driven about 15,000 miles per year.
What is the downside of Subaru Impreza?
Cons: Limited cargo space: The Impreza has a relatively small trunk, which can be limiting for those who need to carry a lot of cargo. Performance: While the Impreza is capable and reliable, it is not known for its high-performance capabilities.
How much should I pay for a Subaru Impreza?
2024 Subaru Impreza MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| Base Most Popular | $24,115 | $22,251 |
| Sport | $26,115 | $23,943 |
| RS | $29,005 | $26,840 |
What is the fair market value of a Subaru Impreza?
6Edmunds Appraisal Report
driven per year, with no color or options selected. 2023 Subaru Impreza trade-in prices range from $13,909 - $23,098. Get a more accurate value for your car with the Edmunds appraisal tool.
