College Grad Program

Recent and soon-to-be graduates can apply to finance or lease a new Subaru vehicle at Gary Lang Subaru 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.

PROGRAM REQUIREMENTS

Vehicle Eligibility
  • All New and Certified Pre-Owned Subaru vehicles are eligible.
Customer Eligibility
  • Applicant who will be graduating with 6 months or who has graduated up to 24 months from date of application with a bachelor's, master's or associate degree from an accredited 2 or 4 year US 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 or a copy of transcript that sates current classes, credits earned and credits needed for degree or 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 applicant must meet all program eligibility requirements.
  • Program eligibility is subject to Subaru Motor Finance's review of all 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 day within 90 days of the current date and salary is required, along with verbal verification from current or future employer.
Product Parameters
  • Retail: All new and certified pre-owned Subaru vehicles
  • Lease: All new Subaru vehicles
  • Maximum Term: 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 Motor Finance Manufacturer special program.  See current program sheet for details.


The College Grad Program cannot be used in conjunction with the 90 day Deferment Program or Mobility Equipped Program  Not available on contracts booked by Chase Non-Prime.  All applications subject to credit approval by JPMorgan Chase Bank, N.A. through Subaru Motors Finance and programs may change at any time.   

Learn More About the College Grad Program

Gary Lang Subaru

1121 S Route 31
Directions McHenry, IL 60050

  • Sales: (877) 718-8090
  • Service: (877) 356-1591
  • Parts: (888) 437-6751

Hours

  • Monday 09:00am - 09:00pm
  • Tuesday 09:00am - 09:00pm
  • Wednesday 09:00am - 09:00pm
  • Thursday 09:00am - 09:00pm
  • Friday 09:00am - 09:00pm
  • Saturday 09:00am - 07:00pm
  • Sunday Closed