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On February 25, BYD's Ocean Network unveiled a new financial initiative, effective immediately and running through March 31. This program offers attractive financing options across its entire model lineup: customers can opt for either 3-year ultra-long-term interest-free loans or 7-year ultra-long-term loans with low interest rates. Additionally, a trade-in subsidy of up to RMB 21,000 is available. The preceding day, BYD's Fangchengbao brand also rolled out a 7-year ultra-long-term loan scheme specifically for the Leopard 5 Long-Range Edition and all models within the Titan 7 series. Following Tesla's introduction of its '7-year low-interest' loan offer in January, more than 10 automakers, including Xiaomi, NIO, and Geely, have similarly introduced comparable financing packages.
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