The motor finance industry provides the financial support to individuals and companies that allows them to drive vehicles before they have saved enough money to buy them. Such credit can be provided either as a special loan, a personal loan, hire purchase (where the vehicle remains the property of the finance company until the last installment has been paid), or by lease (where the vehicle may be purchased, at a pre-arranged price, at the end of a fixed-term or fixed-mileage contract, or exchanged for another.) The objectives of this report are:
to describe the current state of the motor car retail business
to differentiate the types of finance available to customers
to introduce some of the problems within the industry
to report a unique consumer survey of favored financing methods
to look at the main suppliers of motor finance
to project the future of the motor finance industry
Additional Information
Market Assessment reports provide in-depth strategic analysis across a broad range of industries.
Containing an examination on the scope, dynamics and shape of key UK markets in the Consumer, Financial, Lifestyle and Business to Business sectors, Chapters include:
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