Subaru Lease Deals, Financing Incentives & Rebates: April 2022

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Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


, Automotive Content Editor - April 5, 2022

This month, Subaru financing deals haven't changed from March. Last month, many vehicles saw a slight bump in MSRP, and we don't expect that to change. If you're looking for a 2021 model, you're out of luck, as the entire 2021 lineup of Subarus has sold out. The best deal currently available from Subaru is 1.9% APR, which is consistent across all 2022 models.

High residual values continue to make Subarus particularly good to lease, despite the ongoing inventory shortage caused by a lack of microchips and supply chain issues. For example, both the 2022 Impreza and Legacy lease from just $215/month for 36 months. You can also lease a popular 2022 Subaru Crosstrek from just $245/month. While there are no Subaru rebates, current lessees may be eligible for up to a $500 loyalty discount good toward the lease of a brand new Subaru model.

Subaru incentives expire on May 2, 2022, and may vary by region. The examples below are for Southern California. Expect lease prices to be around $10-20 more expensive in other parts of the country.

Model Best Subaru Lease Deal Best Subaru Financing Deal Best Subaru Rebate Deal
Subaru Impreza
Lease from $215/month 1.9% APR for 48 months $500 Lease Loyalty
Subaru Crosstrek
Lease from $245/month 1.9% APR for 48 months $500 Lease Loyalty
Subaru Forester
Lease from $255/month 1.9% APR for 48 months $500 Lease Loyalty
Subaru Outback
Subaru Outback
Lease from $265/month 1.9% APR for 48 months $500 Lease Loyalty
Subaru Ascent
Lease from $319/month 1.9% APR for 48 months $500 Lease Loyalty

Explore the full Subaru lineup »

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Must-Know Advice For Subaru Buyers

Limited inventory. Subaru's vehicles generally don't last long on dealer lots. Coupled with inventory shortages as a result of COVID-19 production interruptions, finding the Subaru you want could be a lot harder than you think, especially when it comes to popular models like the Crosstrek.

More tech, higher prices. Looking for the latest technology? The brand is now offering its popular EyeSight driver assistance package as standard equipment in an increasing number of vehicles, although an important catch is that prices are now quite a bit higher as a result.

Getting the best price. Advertising rules prevent dealers from advertising Subaru prices below invoice. This is referred to as MAAP (Minimum Allowable Advertised Price). As a result, you'll have to engage in negotiations with a dealer in order to see the best prices in your area. Shop around for the best results.

No rebates. Subaru doesn't offer traditional cash incentives on its vehicles. In fact, the amount of money the brand spends on incentives is among the lowest in the industry. For comparison, brands like Ford consistently offer thousands in rebates plus outstanding 0% APR deals on a wide range of cars & SUVs.

Decent lease deals. Strong residual values remain a big selling point for the brand's sedans and SUVs. The main benefit comes in the form of better-than-average lease offers. Just be aware that Subaru tends to advertise deals on base models that may not have the features you're looking for.

A discount for being loyal. Subaru does offer a $500 loyalty discount for those planning to lease another Subaru. If you think you may be eligible, be sure to ask your local dealer about the latest offers. Odds are that consumers will find no benefit when buying rather than leasing.

Used car deals. Certified pre-owned Subarus sometimes feature rates as low as 0.99% based on our monthly analysis of CPO offers.

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, Automotive Content Editor

Meghan Carbary has been writing professionally for nearly 20 years. A published journalist in three states, Meghan honed her skills as a feature writer and sports editor. She has now expanded her skill-set into the automotive industry as a content writer for Auto Credit Express, where she contributes to several automotive and auto finance blogs.


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