Automotive Financing Market Research Reports & Industry Analysis

There are a range of options for automotive financing. Most parties will finance the purchase of an automobile or vehicle through a loan. A buyer can obtain financing or borrow money through a contractual agreement bank, credit union or an automotive company or dealer where the purchase is being made. The lender generates revenue through charging interest on the amount borrowed. Another option for automotive financing is a cash sale, which is when the buyer pays for the entire purchase in cash. When a buyer chooses this option for automotive financing it is most likely to avoid interest rates.

Some of the factors which may affect the choice for automotive financing are interest rates and convenience. There are some variables in automotive financing which the buyer may have some control over. These variables might include the length or term of the loan and the amount of cash down. Often by putting more cash down or paying toward the purchase price of the automotive, the buyer may be able to secure a better interest rate or term.

Due to the volatile economy over the past years, the automotive financing industry has experienced a downfall. Since that time growth has been very low. Because of this, many of the key players chose to close their automotive finance department and focus on other areas.

There are several companies who extend loans for the purpose of automotive financing. Some of these companies include GMAC, Chase, Ford Credit, PNC Bank, Toyota Financial Services Corporation, Suntrust and Bank of America.

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Automotive Financing Industry Research & Market Reports

  • Auto Leasing, Loans & Sales Financing in the US - Industry Market Research Report

    ... most active in this industry when they anticipate future income stability. In addition, a decrease in interest rates reduces financing costs and incentivizes larger purchases, thereby fueling industry demand. Given the industry's reliance on consumption ... Read More

  • Motor Finance (UK) - Industry Report

    ... PSA FINANCE LTD, DENNIS BUYACAR LTD and SPITALGATE DEALER SERVICES LTD. This report covers activities such as car leasing, finance, contract hire, leasing, car finance and includes a wealth of information on the financial trends ... Read More

  • Motor Factors (UK) - Industry Report

    ... UNITED AFTERMARKET NETWORK LTD, HELLA LTD and S.N.G. BARRATT GROUP LTD. This report covers activities such as car parts, car spares, car accessories, brakes, motor parts and includes a wealth of information on the financial ... Read More

  • Automotive Financing Market - Growth, Trends, and Forecast (2020 - 2025)

    ... in e-commerce is reshaping the car shopping and financing process into a quick and easy experience for customers. The increasing number of innovative ways is expected to make an auto finance ecosystem, where digital companies ... Read More

  • Subprime Auto Loans - Industry Market Research Report

    ... 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 ... Read More

  • Motor Factors (Northern Ireland) (UK) - Industry Report

    ... analysis on the top 40 companies, including COMPONENT DISTRIBUTORS LTD, MAC AUTOPARTS LTD and A.D.E. AUTOPARTS (N.I.) LTD. This report includes a wealth of information on the financial trends over the past four years. Plimsoll ... Read More

  • Motor Vehicle Finance (UK) - Industry Report

    ... top 130 companies, including ALD AUTOMOTIVE LTD, GMAC UK PLC and ADVANTAGE FINANCE LTD. This report covers activities such as car leasing, finance, contract hire, leasing, car finance and includes a wealth of information on ... Read More

  • Car Finance - UK - June 2019

    ... the point of sale, via dealers and other retail outlets. However, digital channels will steadily increase their share of the market, albeit from a small base currently." - Sarah Hitchcock, Senior Financial Services Analyst This ... Read More

  • Automotive Financing Market - Growth, Trends, and Forecast (2019 - 2024)

    ... The growing innovation in e-commerce is reshaping the car shopping and financing process into a quick and easy experience for customers. The growing number of innovative ways will make an auto finance ecosystem where digital ... Read More

  • China Commercial Vehicle Finance Industry Report, 2019-2025

    ... points versus 2017. Market size of auto finance in China is estimated to be RMB 1.200 trillion in 2018, up 2.6% yr-on-yr. Commercial vehicle enjoyed stable growth in sales volume over recent years. At present, ... Read More

  • China Automotive Finance Industry Report, 2018-2023

    ... is chasing faster. It is anticipated in the upcoming several years that the auto finance penetration in China will be climbing progressively and will rise to 58% in 2023 under the impetus of favorable policies ... Read More

  • Subprime Auto Loans in the US - Industry Market Research Report

    ... operators. Several small, specialized creditors have been pushed to bankruptcy due to diminishing profitability and a growing number of subprime auto loan delinquencies. Furthermore, during the five-year period, increasing interest rates increased borrowing costs for ... Read More

  • Global Automotive Financing Market 2018-2022

    ... be acquired with the help of financing from banks, credit unions, or independent finance companies.Technavio’s analysts forecast the Global Automotive Financing Market to grow at a CAGR of 3.21% during the period 2018-2022. Covered in ... Read More

  • Car Purchasing Process - US - June 2018

    ... have a plethora of options available and must navigate those options to find the best vehicle for their budget and lifestyle. In an industry rife with trust issues, consumers turn to the internet to best ... Read More

  • Global Automotive Financing Market - Growth, Trends, and Forecast (2018 - 2023)

    ... market has extremely low penetration. The major laggards in the world are Latin American and Eastern European countries, where some countries have registered a double-digit fall in vehicle sales in the past five years. Brazil, ... Read More

  • Global Automotive Financing Market - Analysis of Growth, Trends and Forecasts (2018 - 2023)

    ... developing countries, where the market has extremely low penetration. The major laggards in the world are Latin American and Eastern European countries where some countries have registered a double-digit fall in vehicle sales in the ... Read More

  • Automotive Financing Market Report 2017-2027

    ... of finance such as banks, CLFCs, credit unions, and independent financial and leasing companies. The global Automotive Financing market is expected to reach US $ 4.79 Tn in 2017. Automotive financing has become more competitive ... Read More

  • Consumer Lending in the Netherlands

    ... with most types of consumer lending seeing increased demand. The growth rate was lower than the previous year but remained positive. Auto lending increasingly popular option within consumer credit The sustained good health of the ... Read More

  • Consumer Lending in France

    ... the EU average, offering growth potential over the forecast period. No real recovery for revolving loans Ongoing tough regulations on revolving credit are hampering the recovery of card lending and encouraging consumers to turn to ... Read More

  • Factoring in the UK - Industry Market Research Report

    ... accessing cash to finance further business activity without having to wait for their debtors to pay them. Operators generate revenue through factor fees, or the difference between the price paid for the invoice and money ... Read More

  • Fintech in the Global Automotive Industry, Forecast to 2025

    ... in the following 5 segments: 1. Automotive Leasing & Finance 2. Automotive Insurance 3. Digital Automotive Retailing 4. Digital Payments 5. Automotive Convenience and Experience-centric Services Apart from providing a host of profiles of key ... Read More

  • Vehicle Financing - US - May 2017

    ... institutions, dealers, or third parties – have to find ways to differentiate themselves outside of rates. Customer service and convenience are also important, and lenders, dealers, and manufacturers are working to streamline the shopping, buying, ... Read More

  • Car Finance - UK - May 2017

    ... products. The shadow of an upcoming FCA investigation into fairness is now looming, and new cars are expected to lose their shine over the next few years. Under-explored opportunities lie in used car finance, online ... Read More

  • Car Finance Industry, Forecast to 2020

    ... the value chain, starting from Point of sale (POS) to providing secure payment methods. Companies are changing to provide affordable and instant car finance, which would ultimately result in increased car sales. Also, new business ... Read More

  • New and Used Car Auto Financing in Malaysia

    ... automotive industry in the country. The study discusses the existing scenario of auto financing in Malaysia and offers a technical review of the industry—including yearly statistics trends and yearly loan disbursement details. It profiles the ... Read More

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