Examining the Value and Costs of the 2017 Subaru Legacy
Intro
When considering a midsize sedan, buyers often find themselves combing through the many options available on the matket. Among these, the 2017 Subaru Legacy stands out for its blend of comfort, safety, and reliability. However, potential owners must navigate the financial terrain that comes with ownership. Understanding the actual cost involved—beyond just the upfront price—becomes essential. This article delves deeply into the cost structure of the 2017 Subaru Legacy, offering insights on aspects such as MSRP, depreciation, and long-term ownership expenses. As we move forward, we’ll unpack the features that contribute to the Legacy's value and juxtapose them with its rivals, assisting you in making a well-informed purchasing decision.
In-Depth Car Reviews
Overview of the Vehicle
The 2017 Subaru Legacy came to the market positioned as a reliable choice for those seeking a spacious sedan with notable AWD capabilities. With various trim levels available, ranging from the base 2.5i to the more robust 3.6R Limited, the Legacy caters to a diverse range of driver preferences. Its intuitive design promotes comfort on longer journeys while maintaining a focus on functionality in daily commutes.
Key Specifications
Under the hood, the Subaru Legacy offered two engine choices: a 2.5-liter four-cylinder and a 3.6-liter six-cylinder variant. The 2.5-liter engine generates about 175 horsepower, while the six-cylinder knocks it up a notch to 256 horsepower, providing more power when needed. Add to this a standard continuously variable transmission, enhancing the driving experience by offering smooth acceleration.
Performance Analysis
Drivers noted the Legacy's ability to tackle both city streets and highway stretches. Its AWD system is particularly effective in adverse conditions, giving it a leg up over many competitors. Fuel economy stands at 26 mpg city and 36 mpg highway for the four-cylinder version, making it a sensible choice for those conscious of fuel expenses.
Interior and Exterior Design
Inside the cabin, the 2017 model boasts a spacious layout and user-friendly infotainment system. Subaru designed the interior with high-quality materials, and it reflects a focus on passenger comfort. Cargo space is generous, too, with up to 15 cubic feet available in the trunk. On the outside, its sleek design and bold front grille give it a distinctive identity that appeals to many.
Safety Ratings and Features
Safety is one of Subaru's trademarks, and the 2017 Legacy did not disappoint. It received high marks from both the NHTSA and IIHS, particularly for its crash test performance. Features such as adaptive cruise control, lane departure warning, and pre-collision braking demonstrated Subaru's commitment to driver and passenger safety.
"Subaru's all-wheel-drive (AWD) tech not only makes driving fun but also turns heads in the safety department."
Buying Advice
Budget Recommendations
Before diving into any purchase, it's prudent to set a budget that considers not only the car's sticker price but also ongoing expenses like insurance, maintenance, and fuel. It's often smart to aim for a budget that leaves room for these additional costs. A cap of between $25,000 to $30,000 can often cover the Legacy's higher trims, while ensuring you have cash to spare for those future costs.
Financing Options
Financing can open doors for many buyers. Options abound, from bank loans to dealership financing. It's wise to shop around for interest rates, possibly using online auto loan calculators to determine what fits best in your budget.
Best Time to Buy
In the automotive world, timing can be everything. Generally, the end of the calendar year or model year-end sales events yield the best discounts as dealers look to clear inventories. Buyers can save significantly when new models are rolling in.
Resale Value Considerations
Like any vehicle, the Legacy will experience depreciation. Subaru's reputation for durability can be a boon here, as its vehicles tend to hold their value slightly better than others. It's worth researching previous model resale values to get an idea of expected returns down the line.
Comparing Similar Models
When eyeing the 2017 Legacy, don't forget to check out other contenders within its class. Models such as the Honda Accord and Toyota Camry are natural alternatives, each with strengths and weaknesses of their own. Comparing these options in terms of pricing, features, and customer satisfaction can help clarify which suits your needs best.
Preface to the Subaru Legacy
The 2017 Subaru Legacy holds a notable place in the competitive mid-size sedan market, blending a balance of practicality, reliability, and technological advancement. Understanding the cost associated with this vehicle is essential for potential buyers, as it extends beyond just the initial price tag to encompass a range of factors that contribute to overall ownership experience.
Some key elements to consider include the Manufacturer's Suggested Retail Price (MSRP), which gives an insight into the vehicle’s base value and helps in setting expectations when browsing the market. However, the price is just the tip of the iceberg. Aspects like insurance rates, maintenance costs, and depreciation can significantly affect a buyer's financial landscape over time. This vehicle often appeals to families, commuters, and anyone prioritizing safety along with performance, establishing it as a versatile choice for many.
In examining the 2017 Legacy, we’ll explore how these factors interconnect and the value they provide in practical terms for everyday use. Let's break it down further by looking at the overall model, detailing its features, and identifying the target demographic that typically gravitates towards this vehicle.
Overview of the Model
The 2017 Subaru Legacy is recognized not only for its solid build and reliable performance but also for its reputation for safety. Equipped with Subaru's renowned all-wheel drive system, it is well-suited for varying road conditions, appealing particularly to those living in areas with inclement weather.
In this specific model year, the Legacy showcases a spacious interior with modern touches, such as a touchscreen infotainment system and a suite of driver assistance features. The lineup includes multiple trim levels, allowing buyers to select one that best suits their preferences for technology, comfort, and budget. Subaru has positioned the Legacy as a practical choice without skimping on user-friendly technology, making it stand out in a crowded segment.
Target Demographic
The target demographic for the 2017 Subaru Legacy primarily includes families, young professionals, and anyone in search of a dependable, everyday vehicle. These individuals often prioritize factors such as safety ratings, fuel economy, and overall value for money in a car.
Many potential owners tend to be outdoor enthusiasts or active individuals who appreciate Subaru's capability for both urban commuting and weekend getaways. It appeals to those who prioritize functionality without compromising comfort, making it a versatile option for a variety of lifestyles. Whatever the preference might be, understanding this demographic helps in appreciating how the vehicle is designed around their specific needs and expectations.
"The Legacy isn’t just about getting from point A to B; it’s about comfortable, reliable journeys wrapped in a safe shell."
With an emphasis on practicality, the 2017 Subaru Legacy stands poised to meet the expectations of a broad audience, marrying advanced technology with the key characteristics that consumers are looking for in a modern sedan.
Manufacturer's Suggested Retail Price (MSRP)
When stepping foot into the world of car buying, understanding the Manufacturer's Suggested Retail Price (MSRP) is akin to knowing the lay of the land before setting out on a journey. The MSRP serves as a benchmark for buyers, indicating the expected price that the manufacturer recommends for their vehicle. It's not just about a number on a sticker; this price can provide insight into various factors like features, trim levels, and the overall market positioning of the 2017 Subaru Legacy.
The MSRP is significant for several reasons. Firstly, it gives potential buyers a starting point. You can gauge how much one would typically pay for a basic model. Conversely, it sheds light on the variations one might encounter across different dealerships, where negotiations can often lead to either savings or overpaying if one isn’t careful. It's vital for buyers to be well-informed, approaching dealership conversations with a good sense of what the MSRP reflects about the vehicle's value.
Additionally, understanding the MSRP can also help buyers evaluate deals and discounts from the dealer. We often see promotions that aim to lower the effective price, enhancing the value received without compromising on quality. Within the spectrum of car pricing, knowing the MSRP is like having a compass; it helps in aligning expectations, understanding ranges, and making more informed decisions.
Base Price Breakdown
The base price of the 2017 Subaru Legacy is critical for those assessing their budgets against the vehicle’s offerings. Typically, the base MSRP was positioned around $22,195 for the entry-level trim, which comes equipped with essential features aimed at providing comfort and utility. This foundational price reflects crucial elements such as the standard engine, basic infotainment system, and safety features that are characteristic of Subaru's dedication to durability and reliability.
A quick exploration might reveal how certain features may escalate the costs beyond just that base price. For example, one might consider whether all-wheel drive, a feature synonymous with Subaru, is necessary, significantly affecting the total expenditure. Knowing the basic components included in the initial price allows buyers to weigh their options and decide what’s essential versus what might be considered a luxury.
Trim Levels and Their Costs
As one digs deeper into the cost structure of the 2017 Subaru Legacy, the trim levels offer different experiences along with their associated costs. Subaru provided the Legacy in various trims which included the Legacy 2.5i, Legacy 2.5i Premium, Legacy 2.5i Limited, and Legacy 3.6R Limited. Each variant adds distinct features and enhancements, influencing its final price.
- Legacy 2.5i: Starting at about $22,195, this trim is aimed at budget-conscious buyers who still desire reliability and comfort.
- Legacy 2.5i Premium: Ranges around $24,795, adding features like a larger touchscreen, enhanced audio system, and upgraded cloth upholstery.
- Legacy 2.5i Limited: At approximately $27,795, this offers leather seating, navigation, and advanced safety features, catering to those wanting a touch of luxury without breaking the bank.
- Legacy 3.6R Limited: The most exclusive, costing around $32,195, comes with a powerful V6 engine and additional high-end features appealing to performance enthusiasts.
Evaluating trims assists buyers in not only recognizing what fits their budget but also understanding what enhancements justify additional costs.
Optional Features and Upgrades
A significant aspect to consider when evaluating the overall cost of the 2017 Subaru Legacy is the optional features and upgrades available. Subaru offers various enhancements that, while adding to the vehicle's initial price, can also increase enjoyment and safety.
Some notable options include:
- All-wheel drive system: Though standard in many Subarus, specific performance-oriented features may be an added cost.
- Premium audio system: For those who crave quality sound in their drive, this upgrade can provide a more immersive experience.
- Advanced safety packages: Subaru is known for its emphasis on safety. Options like Collision Warning and Adaptive Cruise Control can help ensure peace of mind while on the road.
In synthesis, while considering optional features can increase upfront expenditures, it's prudent for buyers to evaluate them carefully. Often, thoughtful enhancements can yield long-term benefits that may outweigh the initial costs, ensuring that the Legacy not only meets but exceeds expectations for years to come.
"The cost of owning a vehicle isn't just about the sticker price; it branches into the landscape of features and safety that are invaluable in everyday life."
By understanding the MSRP, its breakdown, trim levels, and optional additions, prospective owners of the 2017 Subaru Legacy are better equipped to navigate the purchasing process. This awareness enables them to make wiser, more informed choices tailored to their personal or familial needs.
Market Comparisons
Understanding how the 2017 Subaru Legacy stacks up against its rivals is crucial for anyone considering this vehicle. Market comparisons can shine a light on pricing strategies, features, and overall value propositions offered by competing models. By examining the options available, potential buyers equip themselves with the necessary insights to make informed decisions. This part of the article will delve into two major avenues: the prices of competing models and pricing trends within the mid-size sedan sector. Both analyses not only clarify the competitive landscape but also highlight where the Subaru Legacy excels or falls short.
Competing Models and Their Prices
To appreciate the value of the 2017 Subaru Legacy, it pays to look closely at direct competitors in the mid-size sedan market. Models such as the Honda Accord, Toyota Camry, and Ford Fusion are often at the forefront of potential buyers' minds.
- Honda Accord: Known for its spacious interior and strong resale value, the 2017 Accord starts at a base price slightly higher than the Legacy. Depending on the trim, it can range from around $23,500 to above $33,000, depending on options.
- Toyota Camry: This reliable classic has a base price nearing $23,000, with a similar top-tier price point as the Accord. The Camry offers a higher-end model that can reach over $35,000, largely due to advanced safety features and hybrid versions.
- Ford Fusion: This vehicle can often be found starting at just under $23,000. However, the Fusion does veer into higher prices depending on the sportier models, which can breach the $30,000 mark.
When looking at these alternatives, it becomes clear that while the Subaru Legacy may not be the instance where buyers immediately think of, it still provides a compelling narrative, especially when factoring in its standard all-wheel-drive and reputation for safety.
Pricing Trends in the Mid-size Sedan Segment
In examining the 2017 Subaru Legacy within its context of the mid-size sedan market, the pricing patterns reveal interesting developments over the years. Generally, this segment has undergone a shift, with prices inching upward in recent years due to heightened demand for advanced technology and safety features.
- Market Dynamics: Sedans are sometimes considered less appealing than SUVs or crossovers, leading to price stabilization in recent updates. However, traditional sedans like the Legacy maintain popularity for their balance of comfort, size, and efficiency.
- Technological Integration: As features such as adaptive cruise control, lane-keeping assistance, and infotainment systems have become more ubiquitous, models that lag in these offerings often see slower sales and, consequently, lower resale values. The Legacy aligns well with current expectations, competing favorably with its rivals.
Ultimately, those exploring options in the mid-size sedan segment will find that while prices for competing models are generally creeping upward, the value offered by the 2017 Subaru Legacy holds its ground, especially considering its distinctive feature set. This makes it essential for potential buyers to keep these factors in mind while weighing their options.
Cost of Ownership
When it comes to buying a car, the initial purchase price is only part of the story. The cost of ownership encapsulates a broader perspective, shedding light on what a vehicle truly costs throughout its lifecycle. This is particularly crucial for potential Subaru Legacy buyers, who should grasp not only the MSRP but the ongoing expenses they’ll face over time. Understanding these costs helps buyers make sound financial decisions and better prepare for the years ahead.
Fuel Efficiency and Fuel Costs
Fuel efficiency is one of the first things buyers examine when considering the 2017 Subaru Legacy. With an average of 25 mpg in the city and 34 mpg on the highway, the Legacy stands out in the crowded mid-size sedan market. These figures translate into real savings at the pump, especially with fluctuating fuel prices.
Consider this: if you're driving around 12,000 miles annually, and the price of regular gasoline is around $3.00 per gallon, you might spend approximately $1,440 yearly on fuel if your vehicle averages around 25 mpg. Transition that to an efficient car like the Legacy, and the monthly fuel expenses could take a significant dip, freeing up cash for other costs or savings.
Tips to Optimize Fuel Costs:
- Maintain Tire Pressure: Keeping your tires inflated can improve efficiency.
- Regular Maintenance: A well-tuned engine performs better.
- Driving Habits: Smooth acceleration and deceleration contribute to better efficiency.
Insurance Expenses
Insurance is an unavoidable cost associated with car ownership. For the 2017 Subaru Legacy, insurance rates can vary significantly based on several factors, including the driver's profile, location, and driving history. Generally, the Legacy is viewed as a safer vehicle, which can lead to lower premiums compared to sportier cars.
On average, Subaru Legacy owners may expect to pay between $1,200 to $1,800 annually for insurance, depending on their situation. Sometimes, it makes sense to shop around and consider bundling your insurance with home or life policies to snag better rates.
"Keeping a clean driving record isn't just about safety—it's also a ticket to lower insurance rates!"
Maintenance and Repair Costs
When it comes to reliability, Subaru is often praised. The maintenance costs for the 2017 Legacy are generally reasonable, averaging around $400 to $700 per year. This is a rough estimate that covers routine maintenance such as oil changes, brake pads, and tire rotations. Frequent services, like those learned from a manual, help catch potential issues before they escalate, potentially saving a significant amount.
In contrast to some other automakers, Subaru parts may recognize durability but can be pricier if significant repairs arise. Therefore, it's wise to set aside a small fund for unexpected repairs down the road.
Common Maintenance Services:
- Oil Changes
- Brake Inspections
- Tire Rotations
- Fluid Checks
Being proactive can go a long way.
Depreciation Rate
Understanding the depreciation rate of the 2017 Subaru Legacy is crucial for potential buyers who are interested in the long-term value of their investment. Just like any other asset, vehicles lose value as time goes by, and knowing how much a specific model can devalue gives buyers a better perspective on their purchase.
- Importance of Depreciation: In the car market, depreciation is typically one of the most significant costs of ownership. It can impact various decisions, from selecting the trim level to determining how long to keep the vehicle.
- Resale Considerations: When the time comes to sell or trade in, a car with lower depreciation can yield a better return. For personal finances, being aware of what the 2017 Subaru Legacy is likely to be worth in a few years influences its affordability in the long run.
Understanding Vehicle Depreciation
Vehicle depreciation refers to the decline in an automobile's value over time, and it's impacted by factors like mileage, condition, demand, and economic trends. Different makes and models depreciate at different rates, but here’s a breakdown of the specific trends surrounding the Legacy:
- Initial Depreciation: Shortly after purchasing a new car, it’s common for values to dip significantly, often around 20% in the first year. The Legacy, while generally holding its value well, is not immune to this common trend.
- Factors at Play: Factors such as the condition of the vehicle, how well it’s maintained, and optional features installed can shift the depreciation curve. Subarus, known for their reliability, tend to fare better than some rivals in terms of retaining value over time.
"Understanding depreciation is like peering into a crystal ball for car owners; it can illuminate potential future financial outcomes."
One should also consider the durability and safety reputation of Subaru as contributing elements that mitigate depreciation.
Expected Depreciation Over Time
When examining the expected depreciation of the 2017 Subaru Legacy, a clearer picture of its value trajectory unfolds. Generally, within three years, the depreciation can be substantial yet moderately stable for this model. Here are some insights to consider:
- First Five Years: The average depreciation for a mid-size sedan like the Legacy usually lands between 15% to 25% per year. By the end of year five, you might expect the vehicle to retain about 50% to 60% of its original value, depending on various factors.
- Variability with Trim Levels: Lower trims tend to depreciate similarly but with slight differences based on features. Higher trims that have more luxury features might hold their value better as there's a market appeal for added comforts.
- Market Influence: Shifts in market demand, especially for SUVs and crossovers, can also impact the Legacy's resale value. If more buyers are leaning towards smaller SUVs, some mid-size sedans might struggle to maintain their initial price.
By keeping an eye on these fluctuations, one can better strategize on purchasing and future selling the vehicle.
Financing Options
When considering the financial implications of purchasing a 2017 Subaru Legacy, it’s crucial to grasp the various financing options available. Understanding these options can significantly affect your overall ownership experience and financial health. Whether you opt for a loan or a lease, each pathway presents unique benefits and considerations that deserve thorough examination. A well-informed decision here can save you both time and money in the long run.
Loan vs. Lease: A Financial Perspective
Choosing between a loan and a lease is often one of the first steps for potential buyers when acquiring a vehicle. Both methods offer distinct advantages, yet they come with their own sets of drawbacks.
Loan:
When you take out a loan to buy the Subaru Legacy, you own it once the last payment hits. The upside of this is ownership; you can modify the vehicle as you wish and accumulate equity over time. You are free to drive as many miles as you want, which can be a game-changer for someone on the go. However, it means you’ll have potential repair and maintenance costs as the car ages.
Lease:
On the flip side, leasing might be the attractive choice if you're after lower monthly payments. With a lease, you’re essentially renting the vehicle for a set period—typically a few years. This route usually allows you to drive a newer model with the latest features without the hefty price tag of full ownership. But beware, leases come with mileage limitations and you’ll have to give the car back at the lease's end. If you enjoy having the latest technology without worrying about resale value, leasing can be beneficial.
Points to Consider:
- Long-term flexibility: If you value having a car for an extended period, a loan may be the better option.
- Monthly payments: Typically, lease payments are lower than loan payments.
- Mileage restrictions: If you drive extensively, a loan is often the wiser choice since leases limit mileage.
"The right choice often boils down to your lifestyle and driving habits. Pick what aligns with your needs to avoid buyer's regret."
Interest Rates and Loan Terms
Interest rates can make or break the financial viability of your purchase. When financing a car, the rate you secure will largely depend on your credit score, loan term, and current market conditions. This affects not just how much you’ll end up paying monthly, but the total cost over the life of the loan.
- Fixed vs. Variable Rates: Most loans come with fixed interest rates, offering predictability in payments. But some may come with variable rates that could change over the time you hold the loan. Be sure to read the fine print on these agreements.
- Loan Terms: Loans typically have terms ranging from 36 to 72 months. A longer term might mean smaller payments but often leads to paying more in interest over time. Conversely, a shorter term might increase your monthly payment but reduces the total interest paid.
- Current Rates: As of now, rates hover around 4%-6% for most buyers, but they fluctuate based on various economic factors. Keep an eye on these trends to nab a deal when the rate's right.
In summary, the financing method you choose can have a profound impact on your financial future as it relates to the 2017 Subaru Legacy. Understanding loans versus leases, and the nuances of interest rates and terms can empower you to make the best decision suited to your lifestyle and financial goals.
Resale Value Considerations
When contemplating the financial aspects of the 2017 Subaru Legacy, resale value stands out as a significant factor. A car's resale value affects overall ownership costs, impacting how much you recover upon selling or trading in your vehicle down the line. Understanding what influences this element can help you make informed decisions when buying. In this section, we will break down the key drivers of resale value and what potential buyers and owners should keep in mind.
Factors Influencing Resale Value
Several elements can sway the resale value of a vehicle. Understanding them can empower you as a buyer to make choices that preserve value over time. Here are some of the most impactful factors:
- Brand Reputation: Subaru has carved a niche as a reliable brand, known for its all-wheel-drive vehicles and sturdy build. This reputation can enhance resale prices, as many buyers look favourably upon the brand's reliability record.
- Condition of the Vehicle: Naturally, a car in good condition—both mechanically and aesthetically—will fetch a higher resale price. Regular maintenance, timely service, and avoidance of significant accidents will aid in maintaining the vehicle’s condition.
- Mileage: Generally, lower mileage equates to a higher resale value. Potential buyers prefer cars that haven’t been driven excessively, which implies less wear and tear.
- Market Trends: Economic conditions and demand for used cars can fluctuate. If Subaru vehicles are in demand due to rising fuel prices or changing consumer preferences, this could yield higher resale values for the Legacy.
- Trim Levels and Options: Higher trim levels or unique add-ons can add to the resale potential of the Legacy. For instance, if you opted for features like leather seats or advanced safety technologies, these could appeal to future buyers, boosting your car's value.
Market Demand and Resale Performance
Market dynamics play a crucial role in determining how well a vehicle performs in the resale market. It’s not just about what you think your Subaru Legacy is worth, but also how prospective buyers perceive its value.
"In a buyer’s market, you might have to settle for less than expected; understanding the demand can save you heartache later."
- Seasonality: Car sales can be seasonal. For example, all-wheel-drive vehicles like the Legacy may see a surge in demand during winter months. This can impact resale positively if you time the market right.
- Economic Factors: In a stable or booming economy, buyers may be more willing to pay for a reliable vehicle. Conversely, economic downturns can suppress resale values as buyers become more concentrated on budget-friendly options.
- Geographic Variations: In regions with harsh weather, all-wheel-drive cars can sustain higher demand. In contrast, in locations with milder climates, the desirability of such features may wane, affecting resale possibilities.
The collective understanding of these factors can shape how you view the potential resale of your 2017 Subaru Legacy, ensuring you’re well-equipped to navigate the winding road of ownership.
The End
The discussion around the cost of the 2017 Subaru Legacy is essential for anyone considering this vehicle, ensuring buyers make informed decisions. The conclusions drawn here serve not just as numbers on a page but as valuable insights into the financial commitment that comes with owning this car. Key elements include an understanding of the MSRP, the ongoing expenses of ownership, and the vehicle's depreciation potential. These factors collectively shape the total cost which buyers will incur over time.
Final Thoughts on Cost of the Subaru Legacy
As we wrap up our in-depth analysis, it's clear that the 2017 Subaru Legacy stands out in the mid-size sedan category for several reasons. Its MSRP provides a decent entry point, while features such as standard all-wheel drive enhance its appeal. Furthermore, the upkeep costs associated with the Legacy are generally par for the course, though they deserve attention. When considering resale value, Subaru consistently ranks well, which bodes positively for future financial considerations. Depending on how one approaches their purchase, this vehicle can deliver quality experience without breaking the bank.
Recommendations for Potential Buyers
For those contemplating a purchase of the 2017 Subaru Legacy, a few key recommendations arise:
- Evaluate the Trim Levels: Different trims offer varied features. Consider what’s essential for your driving needs versus what might simply be a nice extra.
- Consider Financing Options Carefully: Whether opting for a loan or a lease can greatly affect your monthly outgoings. Explore all available finance terms to find what aligns best with your budget.
- Factor in Total Ownership Costs: Don't overlook ongoing costs like insurance, maintenance, and fuel. Even with beneficial fuel economy, these costs add up.
- Look at Market Comparisons: Understanding how the Subaru Legacy fares against competitors can lend insight into whether it suits your needs, both functionally and financially.
- Assess Depreciation: Vehicles don't retain their value indefinitely. Understanding potential depreciation will help in negotiations and future financial planning.
Ultimately, the 2017 Subaru Legacy offers a thoughtful blend of affordability, safety, and reliability, making it a worthy candidate for anyone's list of potential vehicles.
