Real price data
What should you pay for a 2016 Subaru Legacy?
Original MSRP
$22,045
When new
Fair market price
$11,465
Mileage-adjusted
Below MSRP
$10,580
A fair used price
Where prices land
25th $9,691 · 75th $14,507 · MSRP $22,045
Spread of current 2016 Subaru Legacy listings · 25th–75th percentile marked.
Negotiating leverage
59
out of 100
strong leverage
~53 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
53days of supply
Balanced marketSupply and demand are roughly balanced for the 2016 Subaru Legacy.
National Market Day Supply — how long it would take to sell the current used 2016 Subaru Legacy inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$20,281–$21,163
Estimated dealer invoice — about $22,045 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| 3.6R Limited | $11,047 | $29,945 | $27,549–$28,747 |
| 2.5i Premium | $11,294 | $24,145 | $22,213–$23,179 |
| 2.5i | $11,310 | $22,045 | $20,281–$21,163 |
| 2.5i Limited | $11,609 | $26,845 | $24,697–$25,771 |
- 3.6R Limited
- $11,047
- 2.5i Premium
- $11,294
- 2.5i
- $11,310
- 2.5i Limited
- $11,609
Safety & recalls
3 open NHTSA recalls on record for the 2016 Subaru Legacy.
POWER TRAIN:DRIVELINE:DRIVESHAFT
Subaru of America, Inc. (Subaru) is recalling certain model year 2016 Legacy vehicles manufactured October 24, 2015, to November 16, 2015, and Outback vehicles manufactured October 24, 2015, to November 17, 2015. Due to the improper tightening of the securing nuts, the drive shaft may separate from the rear differential.
Remedy: Subaru has notified owners, and dealers will inspect the fastening nuts, and tighten or replace them, as necessary, free of charge. The recall began on December 10, 2015. Owners may contact Subaru customer service at 1-856-488-8500. Subaru's number for this recall is WQV-57.
Campaign 15V794000 · 24/11/2015
STEERING:COLUMN
Subaru of America, Inc. (Subaru) is recalling certain model year 2016-2017 Legacy and Outback vehicles manufactured February 29, 2016, to May 6, 2016. The steering column on the affected vehicles may have been improperly machined, and as a result, turning the steering wheel may have no effect on the direction of the wheels.
Remedy: Subaru will notify owners, and dealers will inspect the lot number on the steering column, replacing the steering column, as necessary, free of charge. The recall began May 13, 2016. Owners may contact Subaru customer service at 1-800-782-2783 or by visiting http://www.wtd65.service-campaign.com. Subaru's number for this recall is WTD-65. Note: Until the vehicles have been inspected, owners are advised not to drive their vehicles.
Campaign 16V292000 · 11/05/2016
POWER TRAIN:DRIVELINE:DRIVESHAFT
Subaru of America, Inc. (Subaru) is recalling certain 2015 and 2016 model year Subaru Legacy 4-Door and Outback vehicles manufactured July 3, 2015, to July 27, 2015. Transmission oil may leak from a deformed seal cap on the propeller shaft yoke.
Remedy: Subaru will notify owners, and dealers will replace the propeller shaft, free of charge. The recall began on August 28, 2015. Owners may contact 1-800-782-2783. Subaru's number for this recall is WQU-56.
Campaign 15V502000 · 10/08/2015
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Subaru Legacy?
A fair, mileage-adjusted price is about $11,465, within a typical market range of $9,691 to $14,507.
Is the 2016 Subaru Legacy cheaper than MSRP?
Yes — its original MSRP was about $22,045, so a fair used price is roughly $10,580 below MSRP.
Is now a good time to buy a 2016 Subaru Legacy?
There are about 53 days of national market supply for the 2016 Subaru Legacy — Supply and demand are roughly balanced for the 2016 Subaru Legacy.
How much can you negotiate on a 2016 Subaru Legacy?
Negotiating leverage rates 59/100 (strong). ~53 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Subaru Legacy?
The estimated dealer cost (invoice) is roughly $20,281–$21,163 — its $22,045 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
Keep researching
Check your car's real price
See the real, all-in out-the-door price on any car you're considering — in writing, free. You stay in control the whole way.
Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.