The Subaru Crosstrek is a subcompact crossover that has gained immense popularity for its rugged design, off-road capabilities, and advanced safety features. Getting one doesn't have to empty your wallet. If you want to learn more about the Subaru Crosstrek, you can do a quick online search.
Why Choose a Subaru Crosstrek?
Before diving into money-saving tactics, it's important to understand what makes the Crosstrek a worthy investment. Equipped with Subaru's all-wheel-drive system, excellent ground clearance, and a spacious interior, the Crosstrek is versatile enough for both daily commuting and weekend adventures. It also boasts a high resale value and has won several safety awards, making it a secure long-term investment.
Opt for a Used or Certified Pre-Owned Model
A straightforward way to reduce costs significantly is by choosing a used or Certified Pre-Owned (CPO) vehicle.
Used Crosstrek: Buying a used Crosstrek that's 3-5 years old could save you around 30-40% of the initial price. You might find models in the $15,000 to $18,000 range, depending on the condition and mileage.
Certified Pre-Owned: These are used cars that have been inspected and certified by Subaru. While a bit pricier than used models, they come with the peace of mind of an extended warranty. CPO Crosstreks generally range between $18,000 to $22,000.
Manufacturer and Dealership Promotions
Both Subaru and individual dealerships offer various incentives to attract buyers:
Cash Back Offers: Occasionally, Subaru might provide cashback offers that can save you hundreds or even thousands of dollars off the MSRP.
Special Financing Rates: Zero or low APR financing deals are sometimes available, allowing you to save on interest costs.
Choosing the Right Trim and Features
The Subaru Crosstrek offers multiple trim options: Base, Premium, Sport, and Limited.
Base: This basic trim starts at around $22,245 and includes standard features like a 6.5-inch infotainment screen and a rearview camera.
Limited: This is the higher-end option with a starting price of around $27,995. It includes added luxuries like leather upholstery and an 8-inch infotainment screen.
By selecting a lower trim or omitting optional packages, you could save a substantial amount.
Leasing as an Alternative
Leasing can be a more affordable short-term solution if you're not set on owning the Crosstrek. With a lease, your monthly payments could be significantly lower than with a loan, although you’ll have to return the car once the lease period ends.
Master the Art of Negotiation
Negotiation is often the trickiest part of the buying process but can result in substantial savings.
Know the Invoice Price: This is the price the dealer pays Subaru for the car. Negotiating close to this price can result in savings.
Collect Multiple Offers: Always get quotes from multiple dealers to strengthen your bargaining position.
Use Online Price Comparison Tools
Websites like Kelley Blue Book or TrueCar can give you an idea of what others are paying for the Crosstrek in your area. This information can serve as a valuable benchmark during negotiations.
Trade-In and Down Payment Strategies
Trade-In: If you already own a vehicle, a trade-in can significantly reduce your purchase price. Be sure to research your car's current market value to get the best deal.
Down Payment: A substantial down payment can not only lower your loan amount but may also qualify you for lower interest rates.
Consider Different Financing Options
It's crucial to explore various financing avenues instead of settling for the dealership’s offer.
Credit Unions and Banks: They often offer better rates than dealerships.
Online Lenders: These platforms can provide competitive rates and are worth considering.
The Timing Factor
The timing of your purchase can also influence the final price.
End-of-Month or Quarter: Dealers may be more willing to negotiate to meet their sales quotas.
Holiday Sales Events: Special promotions often occur during holidays and can result in significant savings.
The Subaru Crosstrek is a great vehicle that can fit a range of lifestyles, but its price can be a barrier. By being strategic about when and how you buy, opting for used or CPO models, and employing smart negotiation and financing tactics, you can make this car yours without straining your budget. Keep these tips in mind as you navigate the purchasing process, and you're likely to drive off in a Crosstrek that meets both your needs and your financial limitations.