Subprime Auto Loans in the US - Industry Market Research Report

Subprime Auto Loans in the US - Industry Market Research Report

Subprime Auto Loans

Over the five years to 2019, operators in the Subprime Auto Loans industry contended with rising interest rates and increasing delinquency rates, which took a toll on profit margins for many operators. Several small, specialized creditors have been pushed to bankruptcy due to diminishing profitability and a growing number of subprime auto loan delinquencies. Furthermore, rising interest rates increased borrowing costs for subprime consumers over the past five years, slowing demand for industry financing to purchase vehicles and dampening profit for many lenders. As a result of these trends, industry revenue has declined during the current period. Over the five years to 2024, industry revenue is forecast to decline further. Industry growth will likely be restrained by rising interest rates over the next five years, which are projected to raise borrowing costs and slow vehicles sales.

Operators in this industry finance automobile purchases through loans and leases for subprime borrowers, defined as borrowers with a credit score below 600.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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