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In last year's J.D. Power Residual Value Awards, Subaru had two winners, the Forester and the WRX. Subaru only wins one residual value award in the 2023 U.S. ALG Residual Value Awards, the next-generation 2022 WRX. What happened to the 2023 Forester? ALG picked the Kia Sportage as the best Compact SUV over the Forester.
The next-generation 2022 Subaru WRX is the top pick again in the Sports car segment. What does it mean for sports car buyers? As soon as you drive your new car off a dealer's lot, it drops in value. But the WRX is expected to retain its value better than all other new models. The WRX also won best in class last year.
photo credit: Competition Subaru
What does high residual value mean for sports car shoppers?
ALG's Residual Value Awards recognize 2023 model-year vehicles for their projected retained value through the first three years of ownership. The latest accolades for the WRX lets new model buyers know that the Japanese performance sedan will keep its value better than the other top models like the Honda Civic Type R and The Volkswagen Golf R.
What if you are trading in a used WRX?
Retaining value can make the most significant difference when you trade in your vehicle after 3-5 years. You'll get more for your trade-in than other carmakers' vehicles. If you plan on keeping your new car for 3-5 years, depreciation (loss of value) is typically your primary expense during ownership. It shows shoppers which vehicle will be the best in resale value.
photo credit: Competition Subaru
More best resale value awards for Subaru WRX
An updated iSeeCars study reveals the all-new 2022 Subaru WRX made the cars that hold their value best list. The performance sedan also holds its value better than all other sports cars, according to a new report from RedBook.
What is the price of the 2022 Subaru WRX?
The 2022 WRX 6-speed manual trim level starts at $30,600. The WRX with Subaru Performance Transmission (SPT) is $32,450, the WRX Premium 6-speed manual is $33,100, WRX Premium SPT is $35,150, the WRX Limited 6-speed manual is $37,490, WRX Limited SPT is $39,740, and WRX GT is $43,390. Pricing includes destination and delivery fees ($995).
Should you buy a used or new Subaru WRX?
iSeeCars's analyzed over one million new and lightly used cars from the 2020 and 2021 model years listed for sale in November 2021. They found the price gap between a one-to-two-year-old used car has drastically narrowed, and some new vehicles like the 2022 WRX and STI are still less expensive than a used model.
The 2022 Subaru WRX will be challenging to find, and if you order one today, you may have to wait a few months to get one. If buying a used WRX now is your only option, you will likely pay more.
The 2022 Subaru WRX wins the best sports car residual value award from ALG again. After three years, WRX is expected to retain its highest percentage of its Manufacturer's Suggested Retail Price (MSRP).
You Might Also Like: 3 Reasons Why The New Subaru WRX Doesn’t Impress MotorTrend And Its Car of the Year Pick
Denis Flierl has invested over 30 years in the automotive industry in a consulting role working with every major car brand. He is an accredited member of the Rocky Mountain Automotive Press. Check out Subaru Report, where he covers all of the Japanese automaker's models. More stories can be found on the Torque News Subaru page. Follow Denis on Facebook, Twitter, and Instagram.
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Photo credit: Subaru USA
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Comments
Suby fan!
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Suby fan!
Subaru resale value is insane
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Subaru resale value is insane. I am utterly shocked the Crosstrek isn't on here. When ordering my 22 WRX GT I asked about A) trading in our 17 Crosstrek STI Appearance Pkg and was told they'd give us $27,000 (all service records at dealer) and my inquiry about a newer Eyesight Crosstrek for my son (trade his 15 Sonic LTZ) for a used Crosstrek and he advised ordering a new Crosstrek because they're moving used Crosstreks within 15% of original MSRP, and they often sold before prepared.
My father past away in August 2020 and he had purchased a 2018 Crosstrek Premium with Eyesight. I reviewed its resale in Feb 22 (my ass sister - trustee - was still sitting on it) and it was worth more with 3900 miles than its new counterpart. Dealer said they'd offer me $2k less, but that's INSANE!
Finally, I sold my 06 Outback XT and my 11 STI this summer before the WRX arrived. I paid $32,000 for the Outback in late 2005...17 years later sold it for $11,000...residual 1/3 after 17 freaking years. And the STI - tuned - was purchased in Sep 2014 for $32,500...and sold August 2022...8 years later!...for $29,000...89% residual!
Good luck beating this. No stories about ONE car. Tell me about at least 3 examples of another brand that's cone close to these. Subaru rules resale. One thjng: I'm meticulous. The 17 Outback paint looked arguably better than new. It and the STI were low mileage (105k and 57k, respectively.) STI only saw 3 Wisconsin winters, but XT saw 17 winters. Only real rust was a destroyed exhaust heat shield.
They need a Subaru truck! An
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They need a Subaru truck! An actual truck not what they had years back.... something that can tow with a flat6.