Yeah I know but who knows what it might be like 6 to 8 months from now.

Not sure if speaking in general or not but VIP can be used on a car in dealer stock.

I wonder if any dealers would let you do that if they can get MSRP+

Law(s) of economics says no especially with high demand. But if it is a regular Legacy, Forester, Outback then sure. Will have to wait for the hysteria/hype/demand of the BRZ to die down. Give it 6-12 months.

Do we know when to expect a response from SOA on the VIP Program for the BRZ?

And it's official.

Just got the email about 20 minutes ago. So my sources were correct on that, hopefully they'll be right with the supply also :)

They did it in Japan :(

As expected for first year. Probably be part of VIP 2nd/3rd when interest dies down.

So this is like official right? What financing rates can we expect if there is nothing "special"?

No one knows that. Will depend on economy at that point. You will get better rates privately with credit union or local bank.

1.99% potentially if you go thru penfed.com.

I learned about that site from this forum, and passed on to my friend who just got that rate for a new BMW X5

I've used Penfed myself.. they have the best rates! However, you have to work for it... You have to coordinate with the dealer to have the proper docs sent to Penfed to finish processing the loan. They are very "hands off" about the whole process. I had to postpone my purchase by 4 days last time because of the hoops I had to jump through to get the loan done and the check sent in the mail to me.


BTW.. Why does everyone assume that the VIP will get them under invoice? There are seperate grades of VIP and only a very select few will have access to the top discount.. Most people will only get the basic VIP.. which is straight invoice.

This is of course.. if Subaru offers the incentive at all. I have a deposit in with a dealer who says they will allow the VIP if Subaru authorizes it.. I suspect this will be the case with most places.

In all honesty, I doubt Subaru will offer the VIP at launch.. I'd predict about a 6 month wait time for it... Which means I probably won't get my BRZ until this fall :cry:

Do people actually have experience with this? My experience has been that with a NEW car the lowest rate comes through the dealership because they're trying to promote their new products. On loans for a used car I've seen rates comparable to my bank or other competitors. The rate I got for my (new) car was stupidly low and well below what any independent bank would offer.

It depends on the manufacturer and what incentives they are offering at the time.

When a manufacturer really wants to push their vehicle sales, they will offer rates that are lower than market standards... say 0% for 60 months or .9% for 60 months, etc.. These rates are artificially lower than a bank or credit union rate because the manufacturer is subsidising the rate to make it more attractive to help sell more cars.

For a new release like the BRZ, I'm quite sure Subaru will not be spending any money to offer special incentives like low interest rates. So, they will offer their standard financing packages.. probably around 4% right now.

Dealers have multiple lenders to chose from in order to finance their customers. They have the manufacturer and then a number of local or national banks/credit unions/ or specialized auto finance corporations. Each of these sources publishes a wholesale rate to the dealership.. then dealer then chooses which of these to offer to you. When they offer you the rate, they normally mark that rate up a little to earn some profit for the dealership.

The key for the consumer is to shop around to compare rates. But keep in mind that if convenience is a big deal for you... the dealership has the huge advantage in that area. I've taken a slightly higher rate in the past just so that I had the ease and simplicity that comes with dealerships handling everything.

Rates may vary considerably depending on your credit as well.