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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 654,600 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

Deal Score
+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
1481 Posts
447 Reputation
Too bad insurance on this would be another $200

1,194 Comments

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Apr 05, 2024 05:56 PM
170 Posts
Joined Jun 2012
Deal-MeisterApr 05, 2024 05:56 PM
170 Posts
Quote from LavenderKnob5612 :
Was anyone able to get this deal? All I see is $329/month on dealership websites.
Same.
Now through April 30, 2024 lease a new 2023 Solterra for $329/month on a 36-month lease (Premium trim, code PED-11). $329 due at lease signing. $0 security deposit.
Apr 05, 2024 05:57 PM
2,821 Posts
Joined Dec 2014
remaindersApr 05, 2024 05:57 PM
2,821 Posts
Quote from spaceXK :
This will only get better, the price value & ownership cost for model Y will get better as more Chinese sales lag off & more musk hate. In essence it's good for US consumers you may potentially get a Model Y pre tax for 35k in a month or two.

Which is a freaking great deal for consumers
Dude honestly said a Chrysler T&C..lmao

Model Y will be the same price as a RAV MSRP (pre dealer markups and fees) very soon.
Last edited by remainders April 5, 2024 at 12:06 PM.
Apr 05, 2024 06:08 PM
550 Posts
Joined Sep 2008
dieselfrogApr 05, 2024 06:08 PM
550 Posts
Quote from nadanunca :
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.
This is the way. I test drove an Ioniq 6 and it was very nice. I am a car snob (German cars) and never would have imagined I'd buy a Hyundai, but this one might be in my garage soon.
1
Apr 05, 2024 06:14 PM
2,914 Posts
Joined Jun 2014
schlackApr 05, 2024 06:14 PM
2,914 Posts
Quote from sam_ay :
Your Pilot gives you > 30mpg driving at an average of 30 miles per hour on the local roads exclusively? I have a 7-seater SUV as my second car for road trips and when we need 2 cars simultaneously , and it gives me about 17-18 mpg on local city roads. So clearly you are wrong here.

I will recover my Solar Panel cost in 3.5 years. Beyond that I will drive for free and I will not have much home electricity cost. I know people who got a smaller PV system than me for over twice the cost that I paid because they did not know any better and just went with whoever showed up on their door. Since then I have educated and guided several of my friends into installing Solar PV systems and everyone who has an EV will recover in 4 to 5 years depending on their total miles driven.

AND NO, my use case is not an outlier by any means. With regards to your other bullet points (The mileage you state for a 7 seater SUV is clearly incorrrect) - the cost of gas in 2023 was about ~$4 on an average. The cost has just gone down in the last 3 to 6 months. The MPG of a gas car within the local roads is still about 25 mpg for a sedan. So definitely did not over or under estimate. My insurance for my Nissan Leaf is less than $200 every 6 months since the car is paid off and I only have liability coverage. So if you are talking about insuring a Ferrari for $2000 per year then we clearly are talking different languages here. And lastly, my Leaf gives me 5 to 5.2 miles/kwh in spring and fall with milder weather vs 4.2 to 4.6 in summer/winter. I calculated an average of 4.7 miles/kwh, so even that part I got right.

The only part you got right was that I drive a lot and that is because I have many local chores, drop offs, pickups and daily commute. So for an average person that drives less one can reduce the savings from $2500 to $1800 per year, still considerable.
You might be an outlier. My math puts me at about 10 years to recoup a solar panel investment. If I consider the price of money, I effectively never recoup the investment. Of course this varies wildly by area. Power is cheap here. Consistent with national averages. https://www.ecowatch.com/solar/so...el-payback

I do save about $850/year driving 12k miles in a Tesla Model Y over a comparable crossover (assuming 30 mpg) - though insurance costs $2k a year so all in all, it's perhaps break even.
Pro
Apr 05, 2024 06:15 PM
39,319 Posts
Joined Nov 2005
Dr. J
Pro
Apr 05, 2024 06:15 PM
39,319 Posts
Quote from sam_ay :
Your Pilot gives you > 30mpg driving at an average of 30 miles per hour on the local roads exclusively? I have a 7-seater SUV as my second car for road trips and when we need 2 cars simultaneously , and it gives me about 17-18 mpg on local city roads. So clearly you are wrong here.

I will recover my Solar Panel cost in 3.5 years. Beyond that I will drive for free and I will not have much home electricity cost. I know people who got a smaller PV system than me for over twice the cost that I paid because they did not know any better and just went with whoever showed up on their door. Since then I have educated and guided several of my friends into installing Solar PV systems and everyone who has an EV will recover in 4 to 5 years depending on their total miles driven.

AND NO, my use case is not an outlier by any means. With regards to your other bullet points (The mileage you state for a 7 seater SUV is clearly incorrrect) - the cost of gas in 2023 was about ~$4 on an average. The cost has just gone down in the last 3 to 6 months. The MPG of a gas car within the local roads is still about 25 mpg for a sedan. So definitely did not over or under estimate. My insurance for my Nissan Leaf is less than $200 every 6 months since the car is paid off and I only have liability coverage. So if you are talking about insuring a Ferrari for $2000 per year then we clearly are talking different languages here. And lastly, my Leaf gives me 5 to 5.2 miles/kwh in spring and fall with milder weather vs 4.2 to 4.6 in summer/winter. I calculated an average of 4.7 miles/kwh, so even that part I got right.

The only part you got right was that I drive a lot and that is because I have many local chores, drop offs, pickups and daily commute. So for an average person that drives less one can reduce the savings from $2500 to $1800 per year, still considerable.

I've previously said that typical MPG for the pilot, which is an EXL AWD, is usually 25-26 in the winter (winter gas blend) and more like 28 in the summer but I've gotten 30 on it by driving more conservatively. Regardless I never mentioned my personal vehicle in context so it's irrelevant Your 7 seater SUV is just horrible efficiency-wise. Is it ancient or is it some V8 that's a horrible comparison for the vast majority of people?

National average price of gas in 2023 was $3.52 [eia.gov], not $4, btw.

The average MPG of ALL CARS SOLD in 2023 was ~ 25, but that's ALL new cars. You can't use "vehicles on the road" either because your comparison case is a new EV. I mentioned the numbers for the Corolla, many models of comparable size will be similar.

Then you go on to quote your insurance rate - $400/yr, which I can't even fathom how you get there, no state in the nation [marketwatch.com] has numbers that low, unless it's liability only - which you're absolutely not going to buy for a brand new car, and if it has a loan you're certainly not eliminating collision.

Then you confuse when I say "$2000 in insurance, reg and taxes" - that's me, as I said, but that number is probably low. Insurance itself is probably closer to $1500, and we pay property tax on cars, that's probably around $1000/yr. Registration is every 2 years for $122.

The core issue is you speak of anecdotes, and your anecdotes aren't any more valid than mine or the next person's, which is why I state a couple things - what makes sense for me, and then country averages. As the SD saying goes, YMMV, pun intended.

It's almost as if you're confused on how to make honest comparisons. Either that or you're being purposefully obtuse.
Pro
Apr 05, 2024 06:21 PM
39,319 Posts
Joined Nov 2005
Dr. J
Pro
Apr 05, 2024 06:21 PM
39,319 Posts
Quote from schlack :
You might be an outlier. My math puts me at about 10 years to recoup a solar panel investment. If I consider the price of money, I effectively never recoup the investment. Of course this varies wildly by area. Power is cheap here. Consistent with national averages. https://www.ecowatch.com/solar/so...el-payback

I do save about $850/year driving 12k miles in a Tesla Model Y over a comparable crossover (assuming 30 mpg) - though insurance costs $2k a year so all in all, it's perhaps break even.

For the average HH 10 years is probably a good rule of thumb. That's what ours would have been if you just account for purchase price and average electricity usage. That does not include any out of warranty solar costs, though.

Here in CT we have RRES which means you cannot exceed 105% of trailing 12 months usage, so it's not like you can have just some massive solar installation and be pumping kwh out to the grid. And, they actually look up your electricity bills so it's not like you can fudge it. That said, production numbers are *estimates* and likely padded, so IOW systems will probably overperform anyway, and it's not like they come back and penalize you if you DO exceed 105%.

As I mentioned, I looked into an EV to use up that anticipated overproduction of electricity (thinking ahead) and the numbers just plain are not there, even if a large SUV EV was even on the market.
1
Apr 05, 2024 06:22 PM
1,922 Posts
Joined May 2011
umrdyldoApr 05, 2024 06:22 PM
1,922 Posts
Quote from sam_ay :
Please sit back and count the trillions of dollars of subsidies gas companies have received in the last 100 years. Please provide the total amount of those subsidies, which are still continuing to this day.
Once you have the numbers then you can legitimately post whatever you want.
"It's not just the US: according to the International Energy Agency, fossil fuel handouts hit a global high of $1 trillion in 2022"

Holy crap you weren't joking.

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Apr 05, 2024 06:33 PM
39,319 Posts
Joined Nov 2005

This comment has been rated as unhelpful by Slickdeals users.

Apr 05, 2024 06:35 PM
396 Posts
Joined Jun 2013
ocbruinApr 05, 2024 06:35 PM
396 Posts
Quote from AbdulZa_001 :
This is not a valid offer. I couldn't find it anywhere. The best lease offer for a Premium is $291/mo for 36mo.

Please share a particular dealership info if the $241/mo offer is still valid.

Thanks.
California Orange county zip codes this comes up
Pro
Apr 05, 2024 06:59 PM
8,726 Posts
Joined May 2007
diavolo33
Pro
Apr 05, 2024 06:59 PM
8,726 Posts
Quote from desi_babu_2010 :
none that i recall. TBC is only on 2023.

quite surprised at so much discussion

for a car/deal that isnt even available


but carry on

1% of the posts are about the actual deal (of which there apparently isn't one this time), the other 99% is mostly pointless debating and personal attacks. In other words, like every other hybrid car thread on SD.
Apr 05, 2024 07:02 PM
1,491 Posts
Joined Dec 2010
lcz06Apr 05, 2024 07:02 PM
1,491 Posts
Why do people lease anything? Not trying troll as I'm legitimately asking.
Apr 05, 2024 07:15 PM
91 Posts
Joined Apr 2012
joshikenApr 05, 2024 07:15 PM
91 Posts
Quote from lcz06 :
Why do people lease anything? Not trying troll as I'm legitimately asking.
enjoy a new car/technology/performance for a shorter period of time without taking the full depreciation by fully owning a car -- for however long you are going to own it.
1
Apr 05, 2024 07:16 PM
299 Posts
Joined Dec 2017
ET-sdApr 05, 2024 07:16 PM
299 Posts
Deal cant be replicated
Apr 05, 2024 07:27 PM
221 Posts
Joined Nov 2015
dokitaApr 05, 2024 07:27 PM
221 Posts
Quote from diavolo33 :
1% of the posts are about the actual deal (of which there apparently isn't one this time), the other 99% is mostly pointless debating and personal attacks. In other words, like every other hybrid car thread on SD.
I read 25 pages to see if anyone would expand on the supposed $6k TCO 12k miles/24 months Hyundai Ioniq deal. Gave up eventually.

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Apr 05, 2024 07:28 PM
3,643 Posts
Joined Apr 2011
sam_ayApr 05, 2024 07:28 PM
3,643 Posts
Quote from schlack :
You might be an outlier. My math puts me at about 10 years to recoup a solar panel investment. If I consider the price of money, I effectively never recoup the investment. Of course this varies wildly by area. Power is cheap here. Consistent with national averages. https://www.ecowatch.com/solar/so...el-payback

I do save about $850/year driving 12k miles in a Tesla Model Y over a comparable crossover (assuming 30 mpg) - though insurance costs $2k a year so all in all, it's perhaps break even.
My recovery would have been 7 to 8 years if I didn't buy my EV. The reason being my per kwh electricity cost is 13.5c. With such low electricity cost the break even was longer at 7 to 8 years.

With the EV send replacing my daily commute and local driving, my break even period for the PV Solar system went down to 3.5 years only.

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