Participating Subaru Dealerships [
dealership locator] have
2023 Subaru Solterra Electric Compact SUV (Premium Trim, code PED-11) available to
Lease at
$241/month for
36 months (total $8,676) plus tax and license fee from participating dealerships w/ zero down for qualified buyers. Contact your local dealership(s) to verify if this offer is available in your area.
Thanks to community member
KhalidS8701 for finding this deal.
- Note: Offer and inventory availability may vary by location.
Features:
- All-wheel-drive electric crossover
- Seats five and carries 23.8 cubic feet of cargo behind its rear seats.
- Range: 228 miles
- 0-60mph in 6.5 seconds
- 8.3" of ground clearance
- Built on Toyota's e-TGNA global battery-electric vehicle platform
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Top Comments
1,194 Comments
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We are currently seeing the tip of the iceberg on upcoming massive price drops across the board, both for EVs and internal combustion cars and trucks. Demand for all has dropped to historic lows because of greedy pricing by manufacturers/dealers combined with high interest rates, tightened lending standards, and upside down trade-ins. Lots are overflowing nationwide, with even some new 2022 models still unsold. When the tipping point is reached in the next 6 months or so, 5 figure discounts off sticker will become the norm as dealers scramble to offload inventory in a buyer's market. Many dealers are facing bankruptcy as we speak unless drastic measures are taken to move cars that are costing them huge amounts in floorplan interest costs. It's time for them to pay the piper for the easy money they made during the pandemic.
Oh and I forgot to mention the underhanded, dishonest tactics and ridiculous add-ons from dealers. All of this combined has made the average car buyer detest the current "dealership experience". I'd love to go buy a new truck, but currently there is no way I'd set foot on a dealership lot with all of the above in mind. They can keep their $80,000 trucks; I'm not interested.
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TLDR: labor is 7% of total cost of a vehicle and 11% contract salary increase means about 0.8% increase to cost. But expectation is that'll just reduce the $3000 profit margin of automaker rather than increase the price. (Elsewhere in article it mentions ~$200 as the added cost. Which seems to be the dealer price of floor mats on a new car.)
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