Some vehicle brands offer recent college graduates a $250 or $500 discount off the purchase of a new car, but it doesn't do any good if you can't get financing.
Subaru's College Graduate Program offers something BETTER THAN A DISCOUNT. It gives you the ability to ESTABLISH CREDIT IN YOUR OWN NAME when you might not otherwise qualify*. By investing in you, Subaru hopes to build a lifetime relationship; and it's a good bet they will. After all, Subaru owners love their cars.
Subaru's are the safest most fuel efficient AWD cars on the road, and chances are they will last longer than it will take you to pay off your college loans!.
Subaru of Puyallup is proud to offer the
Subaru College Graduate Financing Program
- New Subaru models, are eligible for purchase or lease.
- All Certified Pre-Owned (CPO) Subaru vehicles regardless of age are eligible.
- Used Subaru models up to three years old.
- Applicant who will be graduating within 6 months or who has graduated up to 36 months from date of application from an accredited 2- or 4-year college, graduate school (including Doctorate), nursing school, or trade school with an associate, bachelor's, or master's degree.
- Applicant must provide proof of graduation - either a diploma copy or current transcript for the student who will be graduation within the next 6 months.
Customer Credit Qualifications
- For joint applications, both applicants must meet all program eligibility requirements.
- Payment-to-income cannot exceed 15% of gross monthly income.
- No derogatory credit history, past or present. No bankruptcies, foreclosures, or repossessions on any credit bureau report pulled by JPMorgan Chase.
- 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 current date and salary is required, along with verbal verification from current or future employer.
- Maximum Amount Financed is $35,000
- Standard finance rates apply. May be used with applicable Subaru Low Rate programs.
- Applicants with no FICO score will qualify under a Tier 4 rate parameter on approved credit.
- Total amount financed cannot exceed 125% of vehicle invoice.
*Certain restrictions apply. Please see Subaru of Puyallup for details.