Planet Business Managers Kelly Cronin, and husband/wife duo Andy and Stephanie McCormick send over 40 million dollars in loans to banks annually, so we earn volume discounts that we can pass along to you. That volume also helps us obtain approvals if your credit is less than perfect.
See our special finance rates for new vehicles.
 |  |  |
Submit your application below the FAQs, or click here for a printable version (printing not supported with all browsers).
What Credit Score Do I Need for Subaru Financing?
There is no specific credit score required to finance a Subaru. Subaru financing approval is based on several factors, including your credit history, income, existing debt, down payment, and the vehicle you choose.
Customers with excellent credit may qualify for Subaru promotional APR offers, while customers with average or rebuilding credit often qualify through Subaru Motors Finance or one of our other lending partners.
The only way to know exactly what financing programs are available is to submit a credit application and have your information reviewed.
Can I Finance a Subaru if I've Had Credit Problems?
Yes. Many customers who have experienced credit challenges are still able to finance a Subaru.
Lenders evaluate more than your credit score. They may also consider:
- Income
- Employment history
- Residence stability
- Debt-to-income ratio
- Previous auto loan history
- Down payment amount
Even if you've experienced a bankruptcy, repossession, late payments, divorce, medical debt, or other financial setbacks, financing options may still be available.
Should I Lease or Buy a Subaru?
Leasing and buying both have advantages, and the best choice depends on your goals.
A lease may make sense if:
- You prefer a lower monthly payment.
- You like driving a new vehicle every few years.
- You drive average annual mileage.
- You want warranty coverage during most of your ownership.
Buying may make sense if:
- You plan to keep your Subaru for many years.
- You drive more than average mileage.
- You want to build equity.
- You want complete ownership with no mileage restrictions.
See a dedicated Lease versus Buy comparison page.
How Much Does a $35,000 Subaru Cost Per Month?
The monthly payment on a $35,000 Subaru depends on your down payment, interest rate, taxes, fees, trade value, and loan term.
As a general example:
| Loan Term | Approximate Payment* |
|---|---|
| 60 months | $650-$700 |
| 72 months | $550-$600 |
| 84 months | $500-$550 |
*Examples only. Actual payments vary based on credit approval, taxes, fees, and lender terms.
The most accurate way to estimate your payment is to include your trade-in, down payment, and financing information.
Can I Refinance My Subaru Later?
Yes. Common reasons to refinance include:
- Lowering the interest rate
- Reducing the monthly payment
- Removing a co-signer
- Shortening the loan term
- Improving terms after a credit score increase
Most lenders allow refinancing after you've established a payment history, although eligibility requirements vary.
What Is Subaru Motors Finance?
Subaru Motors Finance is Subaru of America's official lender. They provide:
- New vehicle financing
- Used vehicle financing
- Lease programs
- Special promotional APR offers
- Lease-end purchase options
The program is administered through lending partners that specialize in automotive financing and leasing.
Can I Finance Extended Service Contracts?
Yes. Most customers choose to include Subaru Added Security coverage in their vehicle financing.
When included in the loan, the cost is spread across the term of the financing agreement rather than being paid upfront.
Many customers choose this option because it can help protect against unexpected repair costs after the factory warranty expires.
How Does Trading in My Car Affect My Payment?
A trade-in can reduce the amount you need to finance.
For example:
- Vehicle price: $35,000
- Trade value: $10,000
- Loan balance owed on trade: $2,000
- Net trade equity: $8,000
In this example, financing would be based on approximately $27,000 rather than the full vehicle price before taxes and fees.
A higher trade value generally results in a lower monthly payment and also reduces sales tax in some states. Fortunately for you, in Massachusetts you pay sales tax on the amount left over after deducting the trade, not the whole price of the car you're buying.
Can I Buy Out My Subaru Lease Early?
Yes. Most Subaru leases can be purchased before the scheduled lease maturity date.
Customers choose an early lease buyout for several reasons:
- They love the vehicle and want to keep it.
- They have exceeded expected mileage.
- The vehicle's market value exceeds the lease buyout amount.
- They want to avoid turning in the vehicle and starting another lease.
Please contact us to investigate these options.
Is It Better to Put Money Down on a Subaru Lease?
Not necessarily. While putting money down on a lease can lower your monthly payment, many financial experts recommend keeping your upfront payment as low as possible.
If your leased vehicle is stolen or declared a total loss shortly after delivery, a large down payment may not be fully recoverable.
Many Subaru customers choose to use only the amount needed for taxes, fees, and required inception costs, while others prefer to make a larger down payment to achieve a lower monthly payment. The best choice depends on your budget and financial goals.
Can I Finance A Subaru With No Money Down?
Yes. Qualified buyers can often finance a Subaru with little or no money down.
Approval depends on factors such as:
- Credit history
- Income
- Vehicle selection
- Loan term
- Existing debt obligations
Keep in mind that financing with no down payment typically results in a higher monthly payment and may increase the total interest paid over the life of the loan.
How Long Can I Finance a Subaru?
Subaru financing terms commonly range from 24 to 84 months, depending on the lender, vehicle, and customer qualifications.
Common loan terms include:
- 36 months
- 48 months
- 60 months
- 72 months
- 84 months
Shorter loan terms usually result in higher monthly payments but lower total interest costs. Longer loan terms generally reduce the monthly payment while increasing the total interest paid over time.
Does Subaru Offer First-Time Buyer Financing?
Yes. First-time buyers may qualify for financing programs through Subaru Motors Finance.
Even without previous auto loan history, lenders may consider:
- Employment history
- Income
- Residence stability
- Down payment amount
- Overall credit profile
For many customers, purchasing a Subaru becomes an opportunity to establish positive automotive credit history.
What Happens at the End of a Subaru Lease?
At the end of a Subaru lease, you generally have three options:
Return the Vehicle
You may return the vehicle to us, if applicable, pay any excess mileage, excess wear-and-tear charges, or other lease-end obligations.
Purchase the Vehicle
Many customers choose to buy their leased Subaru for the predetermined residual value listed in their lease agreement.
Lease or Purchase Another Subaru
Many lessees choose to transition into a new Subaru through another lease or retail purchase.
Several months before lease maturity, Subaru Motors Finance typically provides information outlining your available options and next steps.
Can I Trade In a Financed Car for a Subaru?
Yes. Trading in a financed vehicle is very common.
When you trade a vehicle with an existing loan:
- We determines the vehicle's value.
- The lender provides the current payoff amount.
- Any positive equity is applied toward your new Subaru purchase.
- Any negative equity may be included in the new financing agreement, subject to lender approval.
Does Financing Hurt My Credit Score?
Applying for financing may result in a credit inquiry, which can cause a small temporary impact on your credit score.
However, multiple auto loan inquiries submitted within a short shopping period are generally treated as a single inquiry by most major credit scoring models. This allows consumers to compare financing options without being heavily penalized.
For most buyers, the long-term impact of making on-time payments is far more significant than the short-term impact of the credit inquiry itself.
What Documents Do I Need to Finance a Subaru?
Documentation requirements vary by lender, but most customers should be prepared to provide:
- Valid driver's license
- Proof of income
- Proof of residence
- Insurance information
- Social Security number or taxpayer identification number
Depending on your credit profile and financing program, additional documentation may occasionally be requested.
Can I Finance Subaru Accessories?
Can I Finance Subaru Accessories and Protection Plans?
Yes. Many Subaru accessories, vehicle protection products, and service contracts can be included in your financing agreement.
Examples may include:
- Subaru Added Security service agreements
- Tire and wheel protection
- Appearance protection plans
- Genuine Subaru accessories
- Remote starters
- Trailer hitches
- Roof racks
- All-weather floor liners
Including these items in your financing allows their cost to be spread over the life of the loan rather than paid upfront.
Submit your application here or click here for a printable version (printing not supported with all browsers).
The form is submitted using an HTTPS form action. All sensitive data is encrypted before transmission and is never sent as clear-text.
* Indicates a required field
Apply for Your Loan or Lease at Planet Subaru's Finance Center
Shopping for a Subaru means shopping for something that's versatile enough to handle all your driving needs. It only makes sense you'd be looking for a deal that matches that flexibility.
Serving drivers in Hanover, MA and all over the greater Boston area, Planet Subaru's finance center can help you secure a budget-friendly loan or lease that meets all your vehicle needs.
Apply for Your Subaru Offer Online in Minutes
Our dealership offers a wide array of loans, lease deals, and new Subaru specials. That can be a lot to take in when you're sitting at a dealership. That's why we suggest you don't! We offer an easy-to-use finance application that can help you get pre-approved from the comfort of your home in Plymouth, MA, or Brockton.
How does it work? All you'll need to do is enter in some key details about your prospective vehicle, your employment, your credit score, and your finances. Our experts will look into it and get back to you quickly with a response. If you're pre-approved, we'll be able to give you a deeper look at your realistic options and help you choose the deal that works best for you.
Get Started at Planet Subaru Today
Are you a Weymouth or Braintree driver ready to get started with your Subaru experience? Contact the finance center at Planet Subaru today and let us know. We would love to talk with you about our current loan and lease deals. We can talk to you about the pros and cons of your available options and help you navigate the ups and downs of the vehicle financing process. Don't hesitate to give us a call and get the ball rolling. We take pride in our status as a new Subaru resource for drivers like you.
* Although every reasonable effort has been made to ensure the accuracy of the information contained on this site, absolute accuracy cannot be guaranteed. This site, and all information and materials appearing on it, are presented to the user "as is" without warranty of any kind, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, title or non-infringement. All vehicles are subject to prior sale. Price does not include applicable tax, title, and license. Not responsible for typographical errors.
