Vehicle Eligibilty
All New Subaru Models are
eligible. Customer
Eligibilty Applicant must be
graduating within 6 months or who have graduated within up to 24 months
from date of application with a Bachelor's, Master's, or Associate
Degree from an accredited 2 or 4 year U.S. College, Graduate School
(including Doctorate) or Nursing School. Applicant must provide proof of
graduation: - For the student
who will be graduating within the next 6 months, either:
- A
letter from the registrar's office stating graduation date and type of
degree
- a copy of final transcript that states type
of degree and date earned.
-
For the applicant who has graduated within 24 months from date of
application: a diploma.
- No derogatory credit
history, past or present.
- For joint applications,
both applicants must meet all program eligibility
requirements.
- Program eligibility is subject to
Subaru Motor Finance's review of documentation and verification before
funding; additional documentation may be
required.
Employment/Income
- Applicant must have proof of
employment and income. If employment has not yet started, a letter from
the future employer that shows a start date within 90 days of the
current date and salary is required, along with verbal verification from
current or future employer.
Product Parameters
- New Lease and Retail
Only
- Maximum Terms: 72 months on Retail and 48
months on Lease
- Maximum Advance: 115% of invoice on
Retail and 100% on Lease
- Maximum booked LTV with
aftermarket cannot exceed 125% of invoice for retail or 100% of MSRP for
lease
- Maximum Amount Financed or Maximum
Capitalized Cost is $25,000
Pricing - Standard rates apply. Retailer participation is
allowed according to the applicable Product Reference Sheet or program
sheet.
- May be used with applicable Subaru Motors
Finance Manufacturer special programs. See current program sheet for
details and markup
guidelines.>
1 The College Grad Program cannot be used in conjunction
with the Mobility Equipped Program. Not available on contracts submitted
to Chase Custom Finance. Note: All
applications subject to credit approval by JPMorgan Chase Bank, N.A.
through Subaru Motors Finance (SMF) and programs may change at any time.
Not all programs available in all states. All financing on approved
credit. Information
provided by subaru.com and available through Subaru Motors Financing.
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