Subaru Finance Motors

Subaru Motors Finance (SMF), a captive finance company, provides a comprehensive range of financial services specifically tailored to Subaru dealerships and customers in the United States. It operates primarily through a private label partnership with Chase Auto, a division of JPMorgan Chase Bank, N.A. This partnership allows SMF to offer competitive financing and leasing options, enhancing the overall Subaru ownership experience.

The core function of SMF is to support Subaru sales by offering attractive and flexible financing solutions. For consumers, this translates to a variety of loan and lease programs designed to meet individual needs and budgets. Financing options typically include:

• New Vehicle Loans: Providing competitive interest rates and flexible repayment terms for purchasing new Subaru vehicles.
• Used Vehicle Loans: Offering financing for certified pre-owned (CPO) and other used Subaru models, often with similar benefits as new vehicle loans.
• Leasing: Allowing customers to drive a new Subaru for a set period, typically two to four years, with lower monthly payments compared to purchasing. Lease-end options usually include purchasing the vehicle, returning it, or leasing a new one.

Beyond these core financing options, SMF also offers additional products and services, such as:

• GAP Insurance (Guaranteed Asset Protection): Covering the difference between the loan balance and the vehicle's actual cash value in the event of a total loss.
• Vehicle Service Contracts: Providing extended coverage for mechanical repairs beyond the factory warranty.
• Maintenance Plans: Covering routine maintenance services, such as oil changes and tire rotations.

For Subaru dealerships, SMF provides vital support, including:

• Wholesale Financing: Helping dealerships finance their inventory of new and used vehicles.
• Retail Financing Support: Providing tools and resources to assist dealerships in offering financing options to customers.
• Training and Development: Equipping dealership staff with the knowledge and skills to effectively utilize SMF's financing programs.

The relationship between Subaru and Chase Auto is crucial to SMF's success. Chase Auto's extensive experience and infrastructure in auto finance, combined with Subaru's brand loyalty and reputation for quality, create a synergistic partnership. This allows SMF to offer competitive rates, streamlined application processes, and excellent customer service. Customers can typically apply for financing at the dealership or online through the Subaru website. The online portal often allows for pre-approval, simplifying the car buying process.

In summary, Subaru Motors Finance plays a significant role in facilitating the purchase and lease of Subaru vehicles by offering a comprehensive suite of financial products and services through its strategic alliance with Chase Auto. It benefits both consumers by providing accessible and competitive financing options and dealerships by supporting their sales and inventory management.