Starting June 1, high-interest and high-return car loans will be cancelled

Starting from June 1, 2025, many banks will cancel their high-interest and high-rebate auto loan policies. This move aims to regulate the auto finance market and prevent dealers from being induced to promote high-interest auto loans through high rebates. This change poses a challenge to 4S stores, as high rebates were once one of their main sources of income. Faced with policy adjustments, 4S stores need to find new coping strategies, such as turning to low-interest financial products, adjusting pricing strategies, and exploring new profit points.