Subaru Announces Guaranteed Trade-In Program

Subaru of America, Inc. has announced that it will offer the Subaru Guaranteed Trade-in Program or GTP to current owners of Subaru vehicles from model years 2001, 2002 and 2003. The goal of the program is help owners maximize the value of their current cars.

A company spokesman stated that between January 20 and March 31, 2005, Subaru of America, Inc. will guarantee the minimum trade-in value of a current vehicle, adding that certain criteria will need to be met for eligibility. Vehicles leased, titled in the name of a business or that have paint or collision damage will be excluded from the GTP offer. Also the trade-in price is only applicable toward the purchase of a new 2004 or 2005 Subaru from participating dealer inventory.

A spokesman added that the actual value of the trade may be even higher. If a car is in exceptional condition or is below normal mileage, a dealer could offer more for the trade. A complimentary vehicle evaluation to determine the actual market value of a Subaru is being offered at participating dealers.

The SubaruBucks program offers another option when purchasing a new 2004 or 2005 Subaru before March 31st. The company states that SubaruBucks can be used at a dealer for parts, service or accessories like a Subaru bike rack, cargo carrier or security system upgrade.