If the loan is not repaid in full and on time, according to the general terms of the auto loan contract, the financial company will charge relevant liquidated damages, which will also affect the credit record of the central bank. At the same time, the finance company will collect money by itself or entrust a third party, and it needs to bear the corresponding expenses. Different from banks and other lending institutions, there is no grace period for the repayment of BYD auto finance loans, and it needs to be repaid on time in each installment. However, you can apply for an extension, but both parties agree to extend it within the scope permitted by law. The loan interest rate and other conditions shall be determined and implemented in accordance with the extension agreement reached by both parties. Repayment deduction time: from 8: 30 on the repayment date (in case of legal holidays or weekends, it will be postponed to the first working day after the end).