Is It The Best Time To Buy? Your Complete Subaru Guide During COVID-19
This is an unprecedented time to buy a new Subaru Forester, Outback, or Ascent SUV but the window of opportunity will close shortly. Right now, Subaru of America (SOA) is offering exceptionally good deals on financing and incentives on hot new models like the 2020 Subaru Forester, Outback, Ascent, Impreza, and Legacy models.
SOA is giving customers zero percent interest for 63 months and the window is open until April 30, 2020.
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Subaru is also offering new car customers a deferment program allowing you to defer payments up to 90 days when you purchase certain vehicles and finance through Subaru Motors Finance. The Camden, N.J. automaker is offering loans and lease options with Chase Bank. What if you have a lease and need to wait on a new car purchase?
What if I’m not ready to buy now?
Subaru is also giving lease-end extensions to current customers. If your Subaru Motors Finance lease is ending soon, Subaru will automatically extend it. By keeping your current leased Subaru, you can extend the term of the lease for another six months to allow you extra time and flexibility. Subaru says a phone call is not needed to confirm your extension. You will automatically receive a letter or email from Chase with more information about the lease extension.
Struggling to make your car payment? Here’s where to go for help
Subaru also announced they are offering deferred payments for its current owners. Subaru now has a Payment Deferment Program and you may be eligible to defer payments for up to 90 days. Check with your local Subaru dealer because not all showrooms are open during this time of stay-at-home enacted in many U.S. cities.
Many 2020 models get special 0% financing
Subaru also has assistance for active-duty military members and you may be eligible for additional benefits. Subaru’s military services hotline is 1-877-469-0110.
If you are ready to buy now, you could save thousands of dollars on a new 2020 Subaru Forester, Outback or Ascent before April 30. You can call Subaru Concierge (1-800-317-6276) and they can help locate a dealer that is still open.
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Denis Flierl has invested over 30 years in the automotive industry in a variety of roles. All of his reports are archived on our Subaru page. Follow Denis on Facebook, Twitter, Instagram, Subaru Report. Check back tomorrow for more Subaru news and updates at Torque News!
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