The "high returns, high interest" model has been suspended, and automobile financing is undergoing a deep adjustment.

Recently, regulatory authorities have put a stop to the practice of "high interest, high return" car finance in many places. This marketing model, once seen as a "win-win" situation by banks and dealers, has gradually evolved into an industry problem that undermines consumer rights and disrupts market order in actual operation. Industry experts analyze that this marketing model driven by high commission not only disrupts market order, but also shifts costs to consumers. With the heavy-handed intervention of regulatory authorities, the car finance market is experiencing a deep adjustment. In the future, the car finance market will return to its essence of serving, achieving healthy development through technological empowerment and differentiated competition.