Subaru Deferment Program
90-Day Payment Deferment Program
At Baldwin Subaru, we know that timing matters when you’re making a big purchase. That’s why we offer a 90-Day Payment Deferment Program through Subaru Motors Finance (SMF). This option allows qualified customers to bring home a new or used Subaru now and delay their first payment for up to 90 days. It’s designed to give you extra breathing room while still letting you enjoy your vehicle right away. Below is a clear breakdown of what’s required and how the program works.
Who Qualifies
To use the program, SMF requires the following:
- 700 or higher FICO score
- Joint applications: if both applicants live in the same household, SMF uses the higher of the two scores
- Business purchase: must include an individual co-borrower
- At least 5 years of credit history
- At least five (5) active and satisfactory trade lines
- Credit history must be free of repossessions, bankruptcies, and foreclosures
- All other standard Subaru Motors Finance credit guidelines apply
Eligible Vehicles
- New Subaru models
- Used Subaru vehicles that are 4 model years old or newer
- Only available for standard retail or Subaru Low Rate Program contracts
- Leases are not eligible
Financing Details
- Up to $65,000 can be financed, including taxes, title, registration, and approved aftermarket products
- The amount financed cannot be more than 75% of the applicant’s gross yearly income
- Maximum loan term: 63 months
- Payments are calculated based on the exact number of days until the first payment
Additional Information
Standard or Low Rate Program APRs will apply based on the contract type, and monthly payments are calculated using the actual number of days until the first payment. This program cannot be combined with other special financing offers. Some GAP products may not cover deferred payment plans, so coverage should be confirmed before adding them to the contract. To help ensure quick funding, dealers typically note the deferred payment request when submitting the application to Subaru Motors Finance.
We're Here to Help
Our goal at Baldwin Subaru is to make your buying experience as smooth and stress-free as possible. If you’re interested in the 90-Day Payment Deferment Program or want to see whether you qualify, our finance team can walk you through the details and help you choose the best financing option for your needs. We’re always here to answer questions, explain the details clearly, and make sure you feel confident and comfortable with your purchase.
*All applications subject to credit approval by JPMorgan Chase Bank N.A. through Subaru Motors Finance (SMF) programs may change at any time. Terms, conditions, and vehicle restrictions apply. Maximum term length 63 months. Not available for leases. The deferment period begins the date the contract is submitted to Subaru Motors Finance through your Subaru retailer. Interest accrues during deferment. If you decide to defer payments, you will pay interest over a longer period of time and the overall cost of your loan may be higher. Offer not valid with any dealer exclusive financing incentives. Offer compatible with dealer discounts. See dealer for complete details.