Interest-free According to Sohu News Network, on May 7, 2023, in order to facilitate citizens to buy cars, Shenzhen introduced a two-year interest-free policy for car loans. According to the policy, citizens who buy new cars can choose to borrow money to buy cars for three years, of which the first two years are interest-free. The car loan is three years and interest-free for two years, which means that citizens don't need to pay any interest in the first two years of buying a new car, but only need to repay it on time and pay interest in the last year. It is a good choice for citizens who want to buy a car but have limited economic conditions.