supply and demand. If people will pay it, for profit businesses will charge it.
What is going on with Subaru dealers in New England? Their prices are so outrageous it's like they don't actually want to sell the cars they have on the lot. They're posting advertised prices for 3 year old cars at maybe $1000 under the invoice price of the car when it was new - often 1000 over KBB and 4-5k over Edmunds TMV.
They might as well just say "Special Internet Price: a million bajillion dollars".
WTF is going on here?
Ryder Hesjedal: "If you draw your sword and then drop it, you die."
i think they do that so when ppl price compare, they think "wow, this old car is only $ 1000 cheaper than the new one....i'll buy the new one (and get locked up into their sky-high financing)"
check out priceguru or pricehub for another measure on the market value of cars
A few things....
- Subaru's residual values are higher than most right now; and people are payiing the prices. At least in Michigan
- Dealers make more on used vehicles, so pricing them "too high" for price comparison to sell new cars is not the issue
- If you're looking to buy used, it's a good time to look at available cars across the US, or other states closer to you
So let me get this straight? Your engine is 1.8-liters, and my pop is 2?