100 Town Center Parkway
Lafayette, LA 70503
Buying your first vehicle should feel exciting, not overwhelming. At Giles Subaru in Lafayette, our finance team helps qualified first-time buyers explore loan and lease options, even when they have little or no previous auto credit history.
Whether you are beginning your career, purchasing a vehicle after graduation, or simply buying a car in your own name for the first time, Giles Subaru is here to help make the process easier.
The Subaru First-Time Buyer Program is designed for qualified customers who have limited or no established auto credit history. It can provide an opportunity to purchase or lease an eligible vehicle while beginning to build an individual credit profile.
Our team will walk you through the application, explain available options, and help you understand the terms before you make a decision.
Final eligibility, credit approval, vehicle eligibility, and terms are determined by the lender.
Qualified first-time buyers may have options across new, Certified Pre-Owned, and eligible used inventory.
Find the capability, safety technology, space, and everyday practicality that fit your next chapter.
Available terms vary by applicant, vehicle, and lender approval. The following guidelines may apply.
| Retail financing term | Terms may be available for up to 72 months. |
|---|---|
| New vehicle lease term | Lease terms may be available for up to 48 months on eligible new Subaru models. |
| Maximum loan-to-value | Up to 110%, subject to lender guidelines and approval. |
| Payment-to-income ratio | Up to 15%, based on lender review. |
| Debt-to-income ratio | Up to 50%, subject to approval and lender requirements. |
| Minimum down payment | $1,000 customer down payment, excluding rebates and incentives. |
Three simple steps can help you move from browsing to driving.
Submit the secure Giles Subaru online finance application so our team can begin reviewing your options.
Browse our new and pre-owned inventory to find the Subaru or used vehicle that works for your needs.
Meet with our finance team to review available terms, required documents, and your next steps.
Yes. The program is intended for qualified buyers with little or no prior auto credit history. Approval still depends on meeting lender and program requirements.
The program guideline calls for a minimum customer down payment of $1,000, excluding any available rebates or incentives. A lender may require more based on the application and vehicle.
Qualified first-time buyers may be eligible to lease a new Subaru, subject to credit approval, program guidelines, and vehicle eligibility.
Be prepared to provide a valid driver's license or photo ID, proof of residence, proof of income, and any additional documentation requested during the application process.
Eligible applicants may be able to finance a new Subaru, a qualifying Certified Pre-Owned Subaru, or an eligible used vehicle up to 12 model years old, subject to lender guidelines.
An auto account may help establish a credit history when payments are reported to the credit bureaus. Consistently making payments on time is an important part of building a positive profile.
Visit Giles Subaru at 100 Town Center Parkway in Lafayette or begin online today. Our team proudly assists drivers from Lafayette, New Iberia, Abbeville, Youngsville, Broussard, Opelousas, and surrounding communities.
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