Auto brands offered preferential loans to Chinese residents for up to 7 years

According to the China Passenger Car Association, retail sales of passenger vehicles totaled approximately 1.544 million units in January 2026, down about 13.9% year-on-year. In the face of declining consumer demand, companies are forced to launch long-term purchase financing programs.

Loan packages with low interest rates and long payment terms have recently been introduced by Tesla, Xiaomi, Nio and Geely. And now BYD has supported the competitors’ initiative.

For example, BYD’s off-road sub-brand – FangChengBao – offers seven-year loans with a rate of 1.5% with a minimum down payment of 32,000 yuan (360 thousand rubles).

With a hood, but without mirrors: images of new KamAZ trucks are shown A worthy alternative to the Patriot has been named for only a million rubles AGR has confirmed the restart of the plant for the Jeland brand

Meanwhile, a government program continues to operate in Russia, which allows buyers of new Russian-made cars to receive discounts through federal subsidies.

The program covers doctors, teachers, people with disabilities, families with children, as well as military personnel and their families. The editors of Motor magazine have collected details of this mechanism.