Whether you’re using our online applications or visiting our dealership in person, applying for Subaru financing has never been easier. Our team at Rafferty Subaru is here to help every type of driver, even those brand-new to car ownership. If this is your first time applying for financing, just follow these simple tips to get started.
Pre-Apply for Financing
You can get an estimate of how much you will be approved for without leaving your couch. Use our online financing application for a snapshot of your offer in just ten minutes or pre-qualify with CapitalOne® for an even quicker process. You can also use our site to value a trade-in vehicle for even more financing information before you walk on the lot.
Gather Your Materials
You need multiple types of documents to apply for financing, so make sure you’ve gathered everything before you head to the dealership. You’ll need to prove your identity, your residence, your insurance coverage, and your income. The financier will be able to call up your credit history automatically, but if you want to dispute anything on it, like debt payments that haven’t been reported yet, bring receipts for those, too.
Find the Plan for You
Financiers usually offer a range of available plans, but the 20-4-10 rule is a great way to find one that works for your finances. This rule means you should try to put 20 percent down on your new car, take a loan with a term of around four years, and plan to spend no more than 10 percent of your income on transportation expenses. While this isn’t an iron rule, it can help you pick a plan you can keep up with.
Apply for Subaru Financing in Newtown Square, PA
With our expert team at Rafferty Subaru, applying for Subaru financing is easier than ever. If you haven’t selected a model yet, come explore our wide-ranging selection of new and pre-owned vehicles at our Subaru dealership and take one for a thrilling test drive. Then, talk to our team about applying for financing and roll out in a new vehicle today!
