On April 3rd, it was reported by domestic media that Xiaomi has introduced a preferential car purchase policy for its employees, with a loan annual interest rate as low as 1.6%.
According to the reports, from March 28th to June 30th, 2024, Xiaomi Group's official employees who purchase the Xiaomi SU7 and choose installment payments will enjoy preferential rates from banks, with the lowest annual interest rate reaching 1.6%. The down payment ratio is 15%, and the maximum installment period can be up to 60 months.
This promotion applies to all Xiaomi SU7 models and is available to Xiaomi Group's mainland China-based official employees.
The loan policy includes an annual interest rate of 3.0%, with a minimum down payment ratio of 15%, and optional installment periods of 12/24/36/48/60 months.
It is understood that employees only need to complete the reservation of the Xiaomi SU7 on the Xiaomi Car App, and then actively complete the order locking.
Subsequently, delivery specialists will contact employees by phone to open the financial application portal for them, and employees can choose the exclusive "Employee 1.6%" plan and submit their applications.
In addition, Xiaomi has also launched car finance service plans for external users. Users who purchase any SU7 model before June 30th this year can enjoy the following financial benefits: three down payment options of 15%, 33%, and 50%, corresponding to five terms of 12, 24, 36, 48, and 60 months, with an annual interest rate of 2.5%.
In comparison, Xiaomi's internal employees purchasing the Xiaomi SU7 can enjoy a reduction of 0.9 percentage points in the annual interest rate.
The Xiaomi SU7 was officially launched on March 28th, with a starting price of 215,900 CNY. According to the latest data released by Lei Jun, the Xiaomi SU7 has already received bookings from over 100,000 people, with over 40,000 orders locked in.