As the booming Chinese auto market encountered a month-on-month downturn, many automakers have resorted to auto financial services in an effort to turn the tables around. Customers that choose to pay by 12 installments don't have to pay loan interests or commission charges. However, those to pay by 24, 36, and 48 installments would have to pay an extra 7 percent, 11 percent, and 16 percent respectively of the auto price as commission. Auto finance companies not only provide credit loan services for auto buyers, but also for automakers, logistics companies, auto dealers, and repair and maintenance service providers.

Facts showed that customers preferred these favorable loan policies to direct price cuts. As for the automakers, the money that is used to make up loan interest will be far lower than the profit losses suffered from price cuts. Conservatively, the total value of the China's auto finance market is estimated to reach 550 billion Yuan ($80.4 billion) by 2025.