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BYD Follow-up on 7-Year Low-Interest Ultra-Long-Term Loans
On February 25, BYD announced on Haiyang.com that it is offering financial incentives across its entire lineup, including a 3-year interest-free plan and a 7-year low-interest plan. These offers can be combined with a trade-in subsidy of up to 21,000 yuan, and the promotion runs through March 31.The day before, Fangchengbao Auto, a subsidiary of BYD, also announced a 7-year extended loan program applicable to the Leopard 5 Long Range and the entire Titanium 7 lineup.Since Tesla took the lead in launching the “7-year low-interest” policy in January, more than 10 automakers—including Xiaomi, NIO, and Geely—have followed suit. (Yicai)
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