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expiredKhalidS8701 posted Apr 03, 2024 03:25 PM
expiredKhalidS8701 posted Apr 03, 2024 03:25 PM

Subaru Lease Offer: 2023 Subaru Solterra Compact Electric SUV

w/ Zero Down (+ Tax & License)

$241/mo. for 36 months

1,195 Comments 654,317 Views
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Deal Details
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

Editor's Notes

Written by RevOne | Staff
  • About this deal:
    • Offer valid through April 30, 2024.
    • Subject to credit approval, vehicle insurance approval, & vehicle availability. Not all buyers may qualify. Payments may be higher in some states. Net cap cost & monthly payment excludes tax, license, title, registration, insurance, additional options, & retailer charges. Retailer participation may affect actual payment. At lease end, lessee is responsible for vehicle maintenance & repairs not covered by warranty, excessive wear & tear. Lessee pays personal property & ad valorem taxes (where applicable) & insurance. See participating retailer for details.
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion.

Original Post

Written by KhalidS8701
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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

Editor's Notes

Written by RevOne | Staff
  • About this deal:
    • Offer valid through April 30, 2024.
    • Subject to credit approval, vehicle insurance approval, & vehicle availability. Not all buyers may qualify. Payments may be higher in some states. Net cap cost & monthly payment excludes tax, license, title, registration, insurance, additional options, & retailer charges. Retailer participation may affect actual payment. At lease end, lessee is responsible for vehicle maintenance & repairs not covered by warranty, excessive wear & tear. Lessee pays personal property & ad valorem taxes (where applicable) & insurance. See participating retailer for details.
  • Please see the original post for additional details & give the WIKI and additional forum comments a read for helpful discussion.

Original Post

Written by KhalidS8701

Community Voting

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+198
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Top Comments

RicardoR5620
1 Posts
10 Reputation
Mine at 100% charge gets 175 miles of range (don't turn on the climate because that knocks it down to 160 miles), dealer says they are working on a fix. But won't look at the car.
nadanunca
332 Posts
952 Reputation
You may want to look at the Hyundai Ioniq 6. Rated for 360 mile range on a 100% charge, and Hyundai's been doing $7,500 cashback to offset the ineligibility for federal credits. And if you're really lucky, your state won't charge sales tax—NJ didn't for mine.
Tarkov
1478 Posts
447 Reputation
Too bad insurance on this would be another $200

1,194 Comments

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Pro
Apr 04, 2024 06:35 PM
4,274 Posts
Joined Apr 2021
BabyBubba
Pro
Apr 04, 2024 06:35 PM
4,274 Posts
Quote from Ohdang :
I own a 2023 Solterra. Got it for a deep discount in December with almost no miles on it. According to Duke Energy, last month I spent $37 charging it. I drive it approximately 65 miles round trip to work and back 4 days a week, and take it to the store or around town a few times a week. My other car is a 2016 Mazda CX-5 and I spent about that much in gas in a week. I'm in North Carolina.
Wow. I didn't realize that charging could be that cheap. Thanks for the info; it's very helpful to those of us with no EV experience. Definitely worth looking into an EV as a second car for around town and short trips, especially with the prices falling as they have been.
1
Apr 04, 2024 06:39 PM
809 Posts
Joined Jun 2017
nanda.slicktogoApr 04, 2024 06:39 PM
809 Posts
Quote from gigamouse :
Does the adaptive cruise go down to 0 for stop and go traffic? Does it have a pretty good lane centering like Kia/Hyundais do where it will do it on even a mild turn?
It won't pickup from 0 (just like Toyota or Lexus), you can press the cruse control button or push the accelerator a little for the car to go back to cruse again (not like it will cancel the cruse completely).

For lane center it is pretty good and I tested this in Oregon curvy roads as well, works very well but Hyundai lane center is still much better than this one.
Apr 04, 2024 06:39 PM
3,884 Posts
Joined Apr 2015
SeanD1497Apr 04, 2024 06:39 PM
3,884 Posts
Quote from Timless :
huh? it's a car. people bash cars all the time.
why does an EV become a sudden issue?
did you bash the Mach e for being called a mustang?
I bashed the Mach E for being called a Mustang, because a Mustang is a pony/muscle/sports car with a big gas engine and two doors, and that's sacrilege to some. But it's kinda cool, and comfortable.
Apr 04, 2024 06:39 PM
4 Posts
Joined May 2023
bfoley19Apr 04, 2024 06:39 PM
4 Posts
Quote from sectorsight :
I went to my dealership and they didn't have an 23s. I got them to match it on a 24
Mind if I ask what state?
Apr 04, 2024 06:44 PM
134 Posts
Joined Apr 2014
sumoshaApr 04, 2024 06:44 PM
134 Posts
Quote from TowHead :
I know a family that went solar, totally, selling excess back, etc. they also charge their cars with their solar. It's like having your own oil well. So, during the blackouts a few years ago, they went merrily on while people were suffering in the heat, panicking, filling their tanks, plain going crazy as people do when their conveniences are at risk. Made me think differently.
If they were selling their power back to the grid, then they were on the grid and would have been experiencing those same blackouts as everyone else on the grid. Unless they had some backup setup?
Apr 04, 2024 06:50 PM
5,128 Posts
Joined Sep 2012
cscamp20Apr 04, 2024 06:50 PM
5,128 Posts
I heard this model takes forever to charge.
Apr 04, 2024 06:53 PM
5,128 Posts
Joined Sep 2012
cscamp20Apr 04, 2024 06:53 PM
5,128 Posts
Quote from J03 :
Yeah literally no one... except the states of California, Connecticut, Maryland, Massachusetts, New Jersey, New York, Oregon, Rhode Island, and Washington have announced bans so far but you know, that's literally no one.
Relax. No one is banning gas cars. You can keep driving your gas car as long as you want

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Apr 04, 2024 06:56 PM
16,332 Posts
Joined Nov 2006
psycttoApr 04, 2024 06:56 PM
16,332 Posts
Quote from BabyBubba :
Wow. I didn't realize that charging could be that cheap. Thanks for the info; it's very helpful to those of us with no EV experience. Definitely worth looking into an EV as a second car for around town and short trips, especially with the prices falling as they have been.
Heavily depends on your electricity and gas prices…
For me, electricity is 0.25$/kwh and gas is ~3$

His mileage/example, with 65 miles 16 days per month (1040 miles), for both:
Electric, Solterra gets 3.23mikes/kwh according to Google
1040 / 3.23 -> 322 * 0.25 -> 80.5$/mo

Gas, Mazda CX-5 gets 29mpg combined according to Google
1040 / 29 -> 36 * 3 -> 107.6$/mo


Everybody exaggerates everything on interwebs forums… take it all with a handful of salt 😉
EVs are great for commuting and if you can effectively charge at home overnight (ie, not using a 120v15a outlet… in most cases, unless you can bike to work, you'll end up needing to stop at a charging station now and then because it'll be a sum negative)
Apr 04, 2024 06:56 PM
161 Posts
Joined Apr 2012
sectorsightApr 04, 2024 06:56 PM
161 Posts
Quote from bfoley19 :
Mind if I ask what state?
In Maryland, Sheehy Subaru Hagerstown.
Apr 04, 2024 06:59 PM
3,642 Posts
Joined Apr 2011
sam_ayApr 04, 2024 06:59 PM
3,642 Posts
Quote from galets :
It is ridiculous why people think electric cars are for road trips. They are not. The only use case for them is:

- have a charger in garage
- commute to work

Many people are missing by the term "fast charging". There's isn't such thing. There's is slow charging and VERY slow charging. As such, if you can't charge overnight in your own garage, it's not gonna be fun. If you wanna charge it on long trips, it will not be fun. Use it for daily commute, and that's it
Quote from robhong :
Until they make an EV which fully recharges in 15-20 mins (this is the time taken to refill gas, use the restroom and grab something to munch on while I'm on long trips) I'll be avoiding these for now. As it stands, Toyota's hydrogen engines look more promising.

Quote from sarlo100 :
Exactly what I was thinking.

Great price point... for the local tool-around auto only. And not a primary. Suburban second car.
Quote from madmax718 :
With you on the EV- disagree with the solar panels. for the same reasons I disagree on a EV . EV are something you use an hour or two a day. A house you use for significantly more. Solar takes up a lot of space; but space on your roof is basically unused. Even if you don't store or grid tie, you can use that electricity to heat/cool/make hot water, so that your house is at your optimal comfort when you get home.

Quote from norcal007 :
because your "alternative energy" BS was shoved down our throats. The new green deal has proven to be a farce.
To the poster of "shoving" post - Lets take a deep breath and start counting the Trillions of Dollars of subsidies the Oil companies and ICE companies have received in the last 100+ years that ICE has existed. Shall we?
BTW- like the sheep you are, you do not seem to have travelled a lot. Check the price of petrol and diesel (you call it gas) across the world and compare it against US prices per gallon and you would know how much subsidy you are receiving for "gas".


For people not happy about EV's in general let me start off by saying that I saved $3500 last year by driving a small EV with a 150 mile range (gives me about 175 with my driving style), PV solar rooftop system and city driving in my EV. For my long distance vacations, I have a nice 7-seater SUV. For 1+ car families living in suburban setting and having multiple chores through the day, an EV is a no-brainer. On a mileage equivalent basis - if the gas cost were $4 per gallon, I get an equivalent of 150 miles per gallon from my EV. Last year I drive over 18k miles- Over 90% of that was in my EV because 90% of my driving is within my city with about 400 miles per week average. Having an EV saved me a bunch on my gas that I would have otherwise used to do the same commute and chores and drop-off,pickups of kids, etc.


The reason I bought an EV is find a better use of my excess electricity production from my PV system. I was putting it on the grid but our utility does not pay for any additional generation- its a use it or lose it policy for electricity generated by my system. EV was the best use I found for this and I ended up saving money for the driving around town that I would have to in an ICE anyways. Driving an EV is awesome fun especially in town where one has to stop/slow down quite often. The Regen braking/One pedal driving/overnight charging at home/lack of maintenance, etc are all cherries on top. I have had days of driving where I never used the brake even once- anyways that is besides the point.


My PV system covers 100% of my bills in 9 months of the year- It covers only 50% for the 3 months of summer. I overproduce during those 9 months to an extent that I can drive for 15k + miles. My ROI or breakeven period for just my PV would have been about 7-8 years without the utility increasing the per kwh cost. An year or 2 less if they increased their cost it by 20% over the course of those 7-8 years.

Now the interesting part - with 15k of driving on my PV system "extra" electricity, I saved $2250 in direct gas costs. For the other 3k miles it is about $400, because I had to pay the utility company for the electricity for those 3k miles. Overall, I saved $2500 conservatively just by driving an EV. Add to that my home electricity savings due to the PV. This is the math for $3500 per year of saving money using PV system with EV.

YMMV - as it will depend on the cost of electricity in your area, the number of miles you drive the EV, the range of the EV that you buy (Lower range is excellent because it has a smaller battery; Battery weight is very high so a bigger battery EV with extra range you buy is additional weight you carry around for the local commute), your ability to negotiate a great rate for the PV system and any rebates your state will give for EV and/or PV systems. My state or utility does Not have any rebate for EV or PV and even then my break-even point is at 3.5 years. Note- there is a federal rebate on PV of 30% of the installation cost.

Long post and its a real world actual and factual data. Hope it helps someone who truly interested in saving money and going beyond the politics of this.
Last edited by sam_ay April 4, 2024 at 10:02 PM.
1
Apr 04, 2024 06:59 PM
19 Posts
Joined Jan 2015
sdowlatiApr 04, 2024 06:59 PM
19 Posts
Thank you poster or re-poster, I saw the comment this morning, and got the only one in my area 2 hours later.
Make sure you take into account dealer add-ons and any fees they like to tack on. you kind of have to explain the promotion to them like 4-5 times tell they bring the finance manager and he can make sense of it.

Overall: 365/M with 5.5K down (3K Dealer Fee, Tags, Doc, Add-ons, etc + 2500 Tax Credit) & they paid my first month.

Finer details:
Subarus Promotion 330/M (10K w/ 46.3K MSRP)
1.5K Higher MSRP ($42/m)
12K Miles ($10/month)
=382/M (calculated) - 365/m (Actual) = 17/M or $612 Discount (From Dealer) + 365 for paying one of my payments

So overall true cost of Car:
=$13,140 (365*36)+$3000(Down)-$365(1st payment paid by Subaru)= $15,775 (total cost of Lease)/36month
$15,775 (total cost of Lease) / 36month=$438.19/month (True Payment per month)
$438.19/47500 (MSRP) =.9225% Monthly payment of MSRP.

Not really a unicorn deal, but solid none the less.
Apr 04, 2024 07:00 PM
4,016 Posts
Joined Jul 2019
Gb1908Apr 04, 2024 07:00 PM
4,016 Posts
Quote from yowsa :
Hydrogen is so expensive now that it' costs $130 to fill for around 300 miles
Before it was used as fuel cost was $35.. when gas was $25
Apr 04, 2024 07:00 PM
98 Posts
Joined Jan 2007
KomiefornistanBoyApr 04, 2024 07:00 PM
98 Posts
Quote from robhong :
Until they make an EV which fully recharges in 15-20 mins (this is the time taken to refill gas, use the restroom and grab something to munch on while I'm on long trips) I'll be avoiding these for now. As it stands, Toyota's hydrogen engines look more promising.
unfortunately the US govt goes all in on electric and will not invest in hydrogen charging or subsidies. It just so happens that China is the largest manufacturing of solar panels and batteries in the world. Somehow we keep finding reasons to send money that way...
Apr 04, 2024 07:04 PM
71 Posts
Joined May 2015
AlexandrSApr 04, 2024 07:04 PM
71 Posts
Quote from sectorsight :
In Maryland, Sheehy Subaru Hagerstown.
So you got a lease for 2024 soltera for $241 before fees and taxes? With 0 down?

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Apr 04, 2024 07:05 PM
161 Posts
Joined Apr 2012
sectorsightApr 04, 2024 07:05 PM
161 Posts
Quote from AlexandrS :
So you got a lease for 2024 soltera for $241 before fees and taxes? With 0 down?
Yes, that's right.

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