Subaru Financial Services
When you fall in love and know it’s the one, you don’t want to wait. So why should you?
Subaru Financial Services
1
brings you and your Subaru together, faster. It’s like a Vegas wedding, with a bit
more class and a lot better with numbers. And the only thing better than your new Subaru, is your next one.
So we work hard to make upgrading into a newer Subaru more often, part of the process. It’s a lifelong
love affair – we get it. Available at participating Subaru Financial Services Retailers.
WHY SUBARU FINANCIAL SERVICES?
We know financing can be a hassle, so we’re here to make everything as easy as possible and help start
your next Subaru journey faster with more transparency than ever before.
FINANCE
SPECIALISTS
Our Subaru Finance Team
are with you every step of
the way to make things
as easy as possible.
GUARANTEED
FUTURE VALUE
If you choose a GFV
agreement, gain peace of
mind with a pre-arranged
minimum buy-back value
when your loan ends.
MULTIPLE FINANCE
OPTIONS
A suite of Subaru
finance products
available for you
to choose from.
PERSONALISED PRICING
Subaru Financial Services offers personalised pricing
based on a rate that's specific to you. Your rate is
determined based on factors such as your personal
circumstances, as well as the specific structure of your
loan. The rates we offer are fixed for the term of your
loan to provide certainty and predictability.
Speak to a participating Subaru retailer today for
a quote and get the keys to your Subaru sooner.
FIXED RATE CONSUMER LOAN
This is the typical loan to help you get the keys to
your dream Subaru - available for new and used
cars if the vehicle is for personal use. The maximum
allowable age of a used vehicle at the end of the
loan is up to 12years depending on your eligibility
criteria.
Eligible customers can also opt for a balloon payment
at the end of their loan.
Repayments and interest rates are fixed, providing
certainty over the course of your loan. Repayments can
be made in fortnightly or monthly instalments, giving
you the flexibility to manage your payment schedule.
FIXED RATE CHATTEL MORTGAGE
Chattel mortgages are your bread-and-butter business
loans available to ABN holders, provided the vehicle is
to be used predominantly for business purposes.
Like a Consumer Loan, eligible customers can opt for
a balloon payment at the end of their loan.
Repayments and interest rates are fixed, providing
certainty over the course of your loan. Repayments
can be made in fortnightly or monthly instalments.
SUBARU GUARANTEED FUTURE VALUE
The Guaranteed Future Value (GFV)
2
is a car’s guaranteed
future buy-back amount, as determined by Subaru Financial
Services. Under a GFV agreement, on expiration of your loan
term, depending on your personal circumstances, you will
have up to three options – upgrade to a new model, retain
the vehicle by paying us the GFV amount (which you may be
eligible to refinance), or return the car.
This arrangement is great for managing your cash flow,
because with a GFV agreement you will know exactly what
your monthly payments will be. It also helps minimise the
risks associated with fluctuating used car market conditions,
so that if at the end of the loan term, the actual market value
of the car has dropped below the guaranteed future value
amount, Subaru Financial Services will absorb the difference
– because the value has been guaranteed.
You could hand it back with nothing more to pay – even if
the car’s market value happens to be much less than the GFV
amount (subject to meeting Fair Wear and Tear conditions
and kilometre allowance). Plus, the good news is that if the
market trade-in valuation for your vehicle is worth more than
the GFV, you may be able to upgrade
your Subaru, trade in the vehicle and pocket the difference.
So, enjoy peace of mind and protection from fluctuating
used car prices and let Subaru Financial Services take
the risk, not you.
KEY BENEFITS OF A GUARANTEED
FUTURE VALUE AGREEMENT
• You can enjoy driving the latest Subaru with the best
safety innovations, technology and driving dynamics
– knowing the future value is protected. You can also
include Subaru Premier Motor Insurance for a complete
Subaru ownership experience!
• Flexible terms and no minimum deposit required
(subject to individual credit approval). Your agreement
can be tailored over 36 or 48 months and include either
15,000 or 20,000kms travelling distance annually.
• Payments are tailored to your individual circumstances
based upon your personal credit history, any deposit
amount that you contribute and the GFV for the model,
term and mileage combination that you nominate.
• No resale hassles, because the minimum buy back
amount of your Subaru is guaranteed. Subject to your
circumstances at the end of the loan term, you could
choose to either upgrade, retain or return your Subaru.
• If you choose to keep your Subaru at the end of the
agreement, you only need to pay out the balance of
your loan. This is your final payment which you can pay
with any funds you have available or talk to us about
refinancing.
• Ideal for both personal and business customers and
available on all finance agreement types (subject to
eligibility).
WHAT HAPPENS AT THE END OF
YOUR TERM?
At the end of your term, choose from three
great options depending on your lifestyle
and circumstances at the time. You can:
UPGRADE
Use your current car as a trade in and
upgrade to a new Subaru (provided
you continue to meet the loan
approval criteria).
RETAIN
Change nothing and keep driving your
Subaru. Just pay the final amount,
which is the GFV. We can help you
with finance if required.
RETURN
Simply return your Subaru and have
nothing more to pay (provided your
car meets Fair Wear & Tear conditions
and agreed kms).
Upgrade your Subaru*
Retain your Subaru
Return your Subaru
SO HOW DOES IT WORK?
The choices are yours every step of the way...
CHOOSE THE SUBARU
that you want to drive.
CHOOSE THE DEPOSIT
that you want to pay (if at all).
CHOOSE THE TERM
of your agreement
(it can be over 3or 4 years)
CHOOSE THE NUMBER
OF KILOMETRES
that you will drive by the end of the
term. This includes any kilometres
that the car has already driven.
FREQUENTLY ASKED QUESTIONS – GENERAL
Q. How do car loans work?
A. Under a car loan, you borrow money to purchase
your new car and then pay it off in monthly
instalments. Interest is charged on the money you
borrowed, along with associated loan processing
fees. This is typically incorporated into the monthly
repayment figure you pay back. This loan is paid
back over a given timeframe, which can be flexible
to your circumstances. You will need to apply for a
loan to determine your eligibility.
Q. Why should I finance a Subaru instead of buying
one with cash?
A. Each method has both pros and cons and you might
want to engage your financial adviser to help you
make that decision. For most people, the main
benefit of a car loan, over other forms of payment,
is that it allows you to have access to your brand
new Subaru today, rather than having to wait to
save up for the full purchase price.
Q. Why should I finance through Subaru instead
of my bank?
A. Subaru offers a convenient one-stop-shop to
organise both your finance and the purchase your
vehicle, potentially saving you time over organising
money through a bank. You also know that Subaru
is a brand you can trust and the option of a
Guaranteed Future Value, which banks do not
offer, can also be an attractive benefit.
Q. What is a balloon payment on a car loan?
A. A balloon payment is a lump sum of money at the
end of your loan term, that you need to repay to
fully pay off your loan and own your vehicle outright.
The size of your balloon will impact the amount of
your monthly repayments ie generally speaking,
the larger the balloon amount, the lower the
monthly repayment amount.
Q. What is a secured car loan?
A. There is a risk associated with every loan application.
This is due to the loan having to be paid over a
period which puts the repayments at risk. One way
financiers reduce this risk is through securing the
car against the loan. In order to do this the financier
will register a security interest against the car on the
Personal Property Securities Register (PPSR). If you
fail to meet repayments, the vehicle may be
recovered and sold to cover the cost of the loan
and associated recovery fees. Almost all car loans
will be secured against the car.
Q. How long does it take to get vehicle finance?
A. Depending on the application, it can take as
little as a couple of hours to secure your approval
– if you have a good credit history, can provide
proof of your income, assets and liabilities and
other identification verification upfront.
Q. What is a Chattel mortgage and am I eligible for one?
A. A Chattel mortgage is a popular car loan for
businesses, because the business is the owner of
the vehicle instead of the individual. You will need
to provide the business’ ABN and confirm that you
intend to use the car primarily for business purposes.
If you meet these criteria, talk with our friendly team
at a participating Subaru Financial Services Retailer
to understand how best to structure this loan for
your needs.
Q. What documents do I need to apply for finance?
A. For a quick, hassle-free car loan application you’ll
need to provide documents that prove you’re a
reliable borrower. Documents such as –
• Personal information and identification
• Proof of income
• Proof of assets and liabilities
• Information about your car and insurance
Q. How much can I borrow for a car loan?
A. The amount you can borrow will entirely depend
on your personal circumstances. It’s best to talk with
one of our team at a participating Subaru Financial
Services dealership to help understand how much
you can borrow.
Q. What will my repayment be?
A. Assuming you are eligible for a car loan, the amount
of your repayments will be determined by a number
of factors including your credit history. The car
loan calculator on our website can give you a quick
estimate of what your potential repayments might be,
but this may differ to your personal rate so it is best to
talk to the Business Manager at your Subaru Retailer.
FREQUENTLY ASKED QUESTIONS – GUARANTEED FUTURE VALUE (GFV)
Q. What is Guaranteed Future Value?
A. Guaranteed Future Value (GFV) is a safety net in
the form of a guaranteed minimum buy-back
amount for your Subaru at the end of the loan
term, as determined by Subaru Financial Services.
When setting up your loan we set your final
repayment to be in line with the GFV value.
So, put simply the GFV value is either;
• The amount we will pay you as a credit towards
your final repayment in exchange for the vehicle
at the end of the loan term (subject to the vehicle
meeting our Fair Wear & Tear standards and
agreed kilometres); or
• The amount you will need to pay us at the end
of the loan term, should you elect to retain the
vehicle.
Q. How does Guaranteed Future Value work?
A. Subaru Financial Services analysts set the GFV based
on several factors that influence the car market
– such as new models, economic and consumer
trends. This GFV also factors in your loan term and
agreed End Odometer reading.
Q. Does the GFV equal the expected market value?
A. No. The GFV is a value that our team of analysts
determine using data from a range of sources to
determine values at a set point in time. This is a
continuous process which accounts for new trends
and economic fluctuations. The GFV amount set
is not intended to be a definitive estimate of the
market value of the vehicle at the end of the loan
term.
The one thing you can control, is to maintain your
vehicle well in line with our Fair Wear and Tear
guidelines and to not exceed the agreed kilometres,
in order to avoid additional fees and charges in the
event you want to return or upgrade the vehicle.
Q. Do I have to keep the car in good condition?
A. If you intend to return or upgrade your Subaru at the
end of the loan term, then yes, you do. But if you’re
planning to retain the vehicle at the end of the loan
term, then it’s entirely up to you, although, for safety
purposes, we obviously always recommend that you
keep your vehicle well maintained. We set guidelines
to explain what we consider to be good condition in
our Fair Wear and Tear booklet, which can be found
in your Subaru Retailer or on our website.
Q. What happens if I have a GFV and I damage my car?
A. If you have chosen to return your vehicle and at
the end of the loan term, and it doesn’t meet our
Fair Wear and Tear Guidelines, we’ll give you the
opportunity have the vehicle repaired at your cost,
prior to the returning it to us. We can help you assess
the condition of your vehicle so that you can carry
out the necessary repairs. Otherwise, you can return
the vehicle ‘as is’ and we will invoice you for the cost
of repairs required to return the vehicle to a standard
that is in line with our Fair Wear and Tear standards.
Q. What happens if I drive extra kilometres?
A. If you drive more than your End Odometer, an excess
usage charge may apply. We will only invoice you for
this if you choose to return your vehicle at the end of
the agreement.
Q. What vehicle can I buy through GFV?
A. Assuming you are an approved Subaru Financial
Services purchaser, GFV may be used to purchase
any new Subaru vehicle.
For more information, please speak to your local
participating Subaru Financial Services Retailer.
1. Approved applicants only. Terms, conditions, fees and charges apply. Finance is provided by IFSA Pty Ltd ABN 39 651 319 774 trading as Subaru Financial Services, managed by Allied
Retail Finance Pty Ltd ABN 31 609 859 985 Australian Credit Licence 483211. Available at participating Subaru Financial Services Retailers only.
2. The Guaranteed Future Value (GFV) is the minimum future value of your vehicle as determined by Subaru Financial Services (SFS) and set out in your contract. At the end of your term,
you can select from the three options: (1) upgrade your vehicle by trading it in; (2) retain the vehicle by paying the GFV, which is a lump sum owed at the end of the loan term after all
monthly repayments have been made; or (3) exercise the option to return the vehicle. If you decide to return your car at the end of your term, SFS, or another entity appointed by SFS,
will purchase the vehicle from you for the GFV, subject to agreed kilometres and fair wear and tear conditions being met, which will be put against amounts outstanding under your Loan.
Finance is provided by IFSA Pty Ltd ABN 39 651 319 774 trading as Subaru Financial Services, managed by Allied Retail Finance Pty Ltd ABN 31 609 859 985 Australian Credit Licence
483211. Available at participating Subaru Financial Services Retailers only.
The information provided in this brochure is general in nature and for information only. Nothing in this brochure constitutes or should be considered to constitute legal, taxation or financial
advice. Before making a decision about any of the products and services featured in this brochure, you should consult with your own independent legal, taxation and financial advisors,
who can advise you about your personal circumstances.
www.subaru.com.au
Visit subaru.com.au/financial-services to discover
more about Subaru Financial Services today.
