College Graduate Program

Subaru College Grad Program

SUBARU COLLEGE GRADUATE PROGRAM


Recent and soon-to-be graduates can apply to finance or lease a new Subaru vehicle under a College Graduate Program for leases and loans approved through Subaru Motors Finance. In addition, all qualified applicants are automatically eligible for any special lease or retail offers currently available.


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:
    1. A letter from the registrar's office stating graduation date and type of degree
    2. 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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Subaru of Spokane

423 W. 3rd Ave
Directions Spokane, WA 99201

  • Sales: (888) 461-2318
  • Service: (888) 718-0851
  • Parts: (866) 709-6338

Hours

  • Monday 08:00am - 07:00pm
  • Tuesday 08:00am - 07:00pm
  • Wednesday 08:00am - 07:00pm
  • Thursday 08:00am - 07:00pm
  • Friday 08:00am - 07:00pm
  • Saturday 08:00am - 07:00pm
  • Sunday 11:00am - 06:00pm