On April 23, reports surfaced indicating that the previously widespread practice of offering seven-year low-interest auto loans is now under scrutiny, with several automakers having extended their relevant financial policies only until the end of April. It remains unclear whether these policies will be further extended beyond this deadline. In early 2026, the automotive market rolled out promotional campaigns for ultra-long-term, low-interest auto loans. However, this business model has recently encountered regulatory constraints. An auto finance expert from a joint-stock bank disclosed, "Some banks have halted their seven-year auto loan services, and there are also reports suggesting that financing and leasing companies have ceased operations." An internal notice circulated among Xiaomi Auto's sales team revealed that, due to adjustments in bank policies, auto loan products with terms of six to seven years may stop accepting applications at any time, with the current maximum term available only until April 30. Another bank executive, responsible for new energy vehicle companies, also confirmed that their bank had previously offered seven-year low-interest auto loan products but has since discontinued them. While other banks continue to provide such products, they too have plans to phase them out, though specific timelines for these changes have yet to be announced.