The Planet Subaru College Graduate Program

What is it?

Transitioning from the classroom to your career is a massive milestone. However, if you are shopping for a vehicle right out of school, you might encounter a frustrating Catch-22: you need reliable transportation to get to your new job, but you haven't yet built the extensive automotive credit history that traditional lenders look for.

The Planet College Graduate Program is designed to bridge that exact gap. Instead of penalizing you for having a "thin" credit file, this program recognizes your hard work and academic achievements, unlocking competitive financing and lease options to help you step confidently into your next chapter.

Why Choose the Graduate Program?

When you buy or lease a vehicle through traditional financing without a long credit history, you are often subjected to higher interest rates. This program removes that hurdle by providing immediate financial advantages to qualified applicants:

  • Low rates: Eligible graduates automatically receive excellent rates through Subaru Motors Finance.

  • You can buy a new OR used Subaru: finance a brand-new Subaru with the latest safety features, or a Certified Pre-Owned (CPO) model. You can also lease a new car. 

  • Build Your Credit: Financing a vehicle builds your positive vehicle credit history.

Program Eligibility Requirements

Eligibility is straightforward and focuses on your degree and your immediate employment outlook rather than your credit history.

1. Education & Timing

  • Upcoming Graduates: You are within 6 months of your graduation date.

  • Recent Graduates: You graduated within the last 36 months from your application date.

  • Eligible Degrees: Applicants must be receiving or have earned an Associate, Bachelor's, or Master's degree from an accredited 2- or 4-year U.S. college, Graduate School, or Nursing School (including LVN or RN programs).

2. Credit History

  • No Vehicle Credit Required: The program is specifically built for applicants with no prior or current vehicle credit history.

  • Good Standing: While you do not need a long credit history, you cannot have a history of major negative, derogatory, or delinquent credit (past or present).

2. Employment 

  • You must be currently employed, or have a verified contract to begin employment within 90 days of your credit application date.


Financing vs. Leasing: Your Options at a Glance

The program is structured to give you realistic limits that keep your payments manageable while offering plenty of vehicle choices.

FeatureRetail (Financing to Own)Leasing
Vehicle Eligibility

All New, Certified Pre-Owned (CPO), and Used Subaru models (up to 12 model years old).

All New Subaru models.

Maximum Term

Up to 72 months.

Up to 48 months.

Maximum Limit

Up to $40,000 total amount financed.

Up to $40,000 maximum capitalized cost.

Financing Limits

Maximum booked Loan-to-Value (LTV) of 130% including aftermarket coverage.

Maximum advance of 100% of the vehicle's MSRP.

Choose your next car!


    
 

 


Planet is your destination in the Boston metropolitan are and the South Shore of Massachusetts for recent university graduate financing.


Learn More About The College Graduate Program

* Indicates a required field

Privacy Policy