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A03988 | Pages: 281 | Charts: 65 | Tables: 140 |
The global car finance market size was valued at $1,290.7 billion in 2019, and is projected to reach $2,334.3 billion by 2027, growing at a CAGR of 14.3% from 2020 to 2027.
Car finance is provided by financing companies or specialist car manufacturers. It includes various financial products such as loans & leases, which allows customers to obtain a car. Moreover, car finance products & services are primarily distributed through original equipment manufacturers (OEMs), banks, credit unions, brokers, and other financial institutions. Furthermore, car or auto financing are services allows borrowers to purchase vehicles without having to make the complete payment in cash.
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The car finance market is expected to witness substantial growth during the forecast period. This is attributed to rise in consumer trends & preferences toward car purchases which have increased tremendously. The increase in the demand for model & branded cars worldwide has become one of the major growth factors in the market. Car finance options range from traditional bank loans and hire purchase agreements to newer models like leasing and peer-to-peer financing. In addition, the increase in international auto manufacturers such as BMW, Toyota, Volkswagen, and Mercedes are meeting customer demands worldwide, which fuels growth of the car finance market.
However, rise of car owners that provide rideshare services to customers as an alternative solution to travel by car hampers the market growth. In addition, consumers with long-term debts such as home loans has become a challenging factor for car finance providers to execute car loans, which as a result limits the market growth.
Conversely, the car finance market is expected to offer several opportunities for new players in the market. Rise in demand for electric vehicles (EVs) as consumers are increasingly opting for environmentally friendly options, offering significant opportunity for financial institutions to provide specialized financing options tailored for EVs, such as longer-term loan packages or favorable interest rates. In addition, the government's initiatives in offering subsidies or tax credits for EVs, make them more affordable. Car finance providers can collaborate with these programs to provide attractive financing terms, thereby further encouraging the adoption of EVs, accelerating car finance market growth.
For instance, on February 8, 2023, Bank of America announced to offer consumers the option to finance residential electric vehicle chargers alongside auto loans. This move aimed to meet growing demand for convenient EV solutions. The bank collaborated with over 10,000 dealers and multiple EV manufacturers nationwide.
Furthermore, the rise of digital transformation in the finance industry has led car finance providers the remunerative opportunity to offer online car financing solutions, improving accessibility, reducing processing times, and enhancing the overall consumer experience. In addition, the development of mobile apps for car finance provides consumers with a convenient way to apply for loans, manage payments, and receive personalized offers, thereby enhancing customer engagement and simplifying the loan management process. This is expected to offer lucrative opportunities for the growth of the car finance market.
For instance, 03 Mar 2023, Mahindra & Mahindra Financial Services launched 'Used Car Digi Loans' in partnership with Car&Bike and Rupyy. This digital journey offered customized loan offers, enabling faster buying decisions. The integrated system initiated loan applications quickly, disbursing loans within hours. Ramesh Iyer highlighted the seamless and transparent experience for customers and partners.
Moreover, the surge in the adoption of personalized financial solutions enables providers to provide tailor loan terms (loan duration, interest rates, and down payment) based on the individual credit profile, preferences, and needs of the customer. In addition, the strategic partnership with automakers enables to provide joint financing options, offering consumers special deals with lower interest rates or longer repayment terms. This is expected to provide immense opportunities for the growth of the car finance market.
For instance, on Jul 17, 2024, Mercedes-Benz Financial Services launched the 'Wishbox' campaign in India, offering personalized financial solutions like Step-Up EMI, Easy Annual Benefit, and EMI Holiday. These options aimed to ease the financial burden and make owning a Mercedes-Benz more accessible.
The car finance market is expected to witness several noteworthy trends. One of the significant trends is the integration of AI and ML which are streamlining the loan application process by enabling car finance providers to analyze consumer data more effectively, predict creditworthiness with greater accuracy, and approve loans faster. In addition, the shift in preference toward blockchain technology enables the use of smart contracts, which automatically execute the terms of a loan agreement when certain conditions are met. This reduces the administrative burden and helps prevent errors or disputes related to the financing process.
Another notable trend the market is expected to witness is the increase in the adoption of alternative financing models like peer-to-peer (P2P) lending and crowdfunding lending in the auto loan market. P2P lending allows borrowers to secure loans directly from investors, offering competitive interest rates and flexible terms without traditional financial intermediaries. Crowdfunding platforms provide a community-driven approach to car financing, particularly benefiting buyers with limited credit access. With the rise of ride-sharing services like Uber and Lyft, car finance providers are exploring financing options for vehicles used on these platforms. Integrating car-sharing and ride-hailing models into financing solutions offers consumers more flexibility in vehicle usage and ownership. In addition, there is growing trend toward shorter repayment periods as consumers seek quicker financial freedom and reduced debt burden, driven by more options for leasing and subscribing to vehicles. This is expected to drive the growth of the car finance market in the upcoming years.
Car leasing is another significant trend in the car finance market. Consumers prefer driving new cars without the long-term commitment of ownership, allowing for lower monthly payments and frequent upgrades to newer models. This trend is driven by rising vehicle prices and the desire for a hassle-free ownership experience. In addition, businesses are adopting leasing options for their fleets, benefiting from financial flexibility and the ability to change vehicles regularly without worrying about depreciation costs. In addition, there is shift in preference toward vehicle refinancing, allowing car owners to adjust their auto loans for better interest rates or repayment terms, appealing to those looking to reduce monthly payments or benefit from market changes.
The report focuses on growth prospects, restraints, and trends of the car finance market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the market.
The car finance industry serves various consumer and business needs. For private consumers, auto loans and leasing provide adaptable financial options for buying or renting vehicles, making it easier to own a car. Vehicle refinancing is gaining popularity among consumers aiming to lower their monthly payments or obtain improved loan conditions. Companies, especially those involved in logistics, transportation, and fleet management, take advantage of fleet financing and leasing solutions, which help them efficiently manage their vehicle fleets without incurring ownership costs. Furthermore, the emergence of alternative financing options like peer-to-peer lending and crowdfunding is expanding access to car finance, especially for individuals with limited credit options. These developments are reshaping the market by delivering more customized, accessible, and flexible financial solutions to a wide variety of customers.
The car finance market is segmented on the basis of distribution channel, vehicle age, application, purpose, and region. In terms of distribution channel, it is segmented into banks, OEMs, credit unions, and others. On the basis of vehicles age, it is segmented into new vehicles and used vehicles. By application, it is segmented into personal vehicles and commercial vehicles. By purpose, it is bifurcated into loans and lease. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The banks segment dominated the car finance industry in 2019, and is projected to maintain its dominance during the forecast period. This is attributed to the fact that banks ensure easier availability of auto finance services and maintains brand loyalty for their product offerings in the market.
The report analyses the profiles of key players operating in the market include Ally Financial Inc., Bank of America Corporation, Capital One, Daimler AG, Ford Motor Company, General Motors Financial Company, Inc., Hitachi Capital Corporation, JPMorgan Chase & Co., Toyota Financial Services, and Volkswagen Finance Private Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
On March 11, 2025, State Bank of India (SBI) launched a low-cost, customized vehicle loan product for Uber’s fleet partners. The partnership aimed to leverage SBI’s financial network and Uber’s technology to help fleet partners expand their operations. This collaboration supported both new and existing Uber fleet partners by providing affordable financing solutions and hassle-free disbursement.
On September 18, 2024, OLX partnered with IDFC FIRST Bank to offer used vehicle financing on its platform. This collaboration allowed OLX customers to access financing options for pre-owned cars and bikes directly through the website. Amit Kumar of OLX India highlighted the expected growth of the pre-owned car financing market. Rishi Kant Misra of IDFC FIRST Bank emphasized the goal of making financial solutions more accessible with a digitized loan process.
On January 23, 2023, Metro Bank launched a digital car loan product under its Ratesetter brand for used cars. The paperless application process provided instant approvals, allowing customers to drive off the same day. Lloyd Collett emphasized quick, reliable decisions through Ratesetter technology. The first brokers to pilot the product were CarFinance 247 and Motion Finance, with plans to add more partners soon.
On Mar 08, 2025, Maruti Suzuki India Limited (MSIL) signed a Memorandum of Understanding (MoU) with Hero FinCorp Limited to enhance financing options for new and pre-owned car buyers. The partnership aimed to leverage Maruti Suzuki’s dealership network and Hero FinCorp’s financial solutions to make car ownership more accessible. This collaboration aimed to offer innovative and attractive financing solutions, catering to a diverse customer base across India.
[DISTRIBUTIONCHANNELGRAPH]
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Rise in massive demand for new car models and branded cars worldwide has become one of the major growth factors in the market. As consumer trends and preferences toward car purchases have increased tremendously, demand for car financing & loans is expected to rise and is expected to maintain its dominance in the market. Therefore, with rise in demand for cars, global average price of vehicles has increased simultaneously. The car finance process involves assessing creditworthiness, choosing a loan type, and finalizing the payment plan through lenders or financial institutions. Thus, massive rise in vehicle prices urge consumers to switch from direct purchases to auto or car finances in the market.
For instance, in the U.S., average price of a new car purchased increased to $36,718 in 2019, from $35,742 in 2018, with interest rates hovering around 6% and 2%, respectively. Penetration of car finance in developing countries is accelerating due to growing middle-class populations and increased access to financial services. As a result, these huge prices imposed over average price of vehicles are anticipated to boost growth of the market during the forecast period.
[VEHICLEAGEGRAPH]
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Rise in advanced benefits from online car financing application systems and multiple options for vehicle purchases are the major growth factors in the market. In addition, rise in disposable income of consumers result in massive demand for car purchases. In addition, growth in international auto manufacturers such as Volkswagen, Mercedes, BMW, and Toyota are meeting customer demand worldwide. This, in turn, is anticipated to boost growth of the car finance market during the forecast period. The expansion of the car finance market is driven by increasing vehicle ownership, rising disposable income, and innovative financing options.For instance, in India, though the prices of vehicles tend to rise year-on-year, around 75% cars are purchased through loans & financing solutions. As a result, though prices of vehicle is increasing year-on-year, the consumers are still purchasing cars via financing & leasing services.
Car finance providers are focused to offer value added services to their customers, expanding existing product & service offerings by implementing technologies such as artificial intelligence, business analytics, and blockchain are anticipated to help improve quality of services and increase the level of customer satisfaction. Furthermore, these technologies allow companies to structure new and used auto loans more accurately. Therefore, expansion of existing products & services by implementation of new technologies is expected to provide lucrative opportunities for car finance providers in the upcoming years.
[REGIONGRAPH]
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Key Market Segments
Key Market Players
CHAPTER 1:INTRODUCTION
1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models
CHAPTER 2:EXECUTIVE SUMMARY
2.1.Key findings
2.1.1.Top impacting factors
2.1.2.Top investment pockets
2.2.CXO perspective
CHAPTER 3:MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key Forces Shaping Dental Insurance Market
3.2.1.Low bargaining power of suppliers
3.2.2.Moderate bargaining power of buyer
3.2.3.Moderate threat of substitutes
3.2.4.Moderate threat of new entrants
3.2.5.High competitive rivalry
3.3.Market dynamics
3.3.1.Drivers
3.3.1.1.Increased in global average price of the vehicle
3.3.1.2.Rise in demand for vehicles
3.3.2.Restraint
3.3.2.1.Rise in rideshare service
3.3.2.2.Increase in debts from various borrowers
3.3.3.Opportunities
3.3.3.1.Implementation of technologies in existing product lines
3.3.3.2.Untapped potential of emerging economies
3.1.COVID-19 impact analysis on car finance market
3.1.1.Impact on car finance industry
3.1.2.Impact on car finance market size
3.1.3.Change in consumer trends, preferences, and budget impact due to COVID-19
3.1.4.Framework for solving market challenges faced by car finance providers and customers in the market
3.1.5.Economic impact on car finance companies
3.1.6.Key player strategies to tackle negative impact in the industry
3.1.7.Opportunity analysis for car finance providers
CHAPTER 4:CAR FINANCE MARKET, BY DISTRIBUTION CHANNEL
4.1.Overview
4.2.Banks
4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country
4.3.OEMs
4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country
4.4.Credit Unions
4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country
4.5.Others
4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country
CHAPTER 5:CAR FINANCE MARKET, BY VEHICLES AGE
5.1.Overview
5.2.New Vehicles
5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country
5.3.Used Vehicles
5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country
CHAPTER 6:CAR FINANCE MARKET, BY APPLICATION
6.1.Overview
6.2.Personal Vehicles
6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.Commercial Vehicles
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country
CHAPTER 7:CAR FINANCE MARKET, BY PURPOSE
7.1.Overview
7.2.Loans
7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country
7.3.Lease
7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country
CHAPTER 8:CAR FINANCE MARKET, BY REGION
8.1.Overview
8.1.1.Market size and forecast, by region
8.2.North America
8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by distribution channel
8.2.3.Market size and forecast, by vehicles age
8.2.4.Market size and forecast, by application
8.2.5.Market size and forecast, by purpose
8.2.6.Market analysis, by country
8.2.6.1.U.S.
8.2.6.1.1.Market size and forecast, by distribution channel
8.2.6.1.2.Market size and forecast, by vehicles age
8.2.6.1.3.Market size and forecast, by application
8.2.6.1.4.Market size and forecast, by purpose
8.2.6.2.Canada
8.2.6.2.1.Market size and forecast, by distribution channel
8.2.6.2.2.Market size and forecast, by vehicles age
8.2.6.2.3.Market size and forecast, by application
8.2.6.2.4.Market size and forecast, by purpose
8.3.Europe
8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by distribution channel
8.3.3.Market size and forecast, by vehicles age
8.3.4.Market size and forecast, by application
8.3.5.Market size and forecast, by purpose
8.3.6.Market analysis, by country
8.3.6.1.Germany
8.3.6.1.1.Market size and forecast, by distribution channel
8.3.6.1.2.Market size and forecast, by vehicles age
8.3.6.1.3.Market size and forecast, by application
8.3.6.1.4.Market size and forecast, by purpose
8.3.6.2.UK
8.3.6.2.1.Market size and forecast, by distribution channel
8.3.6.2.2.Market size and forecast, by vehicles age
8.3.6.2.3.Market size and forecast, by application
8.3.6.2.4.Market size and forecast, by purpose
8.3.6.3.France
8.3.6.3.1.Market size and forecast, by distribution channel
8.3.6.3.2.Market size and forecast, by vehicles age
8.3.6.3.3.Market size and forecast, by application
8.3.6.3.4.Market size and forecast, by purpose
8.3.6.4.Italy
8.3.6.4.1.Market size and forecast, by distribution channel
8.3.6.4.2.Market size and forecast, by vehicles age
8.3.6.4.3.Market size and forecast, by application
8.3.6.4.4.Market size and forecast, by purpose
8.3.6.5.Spain
8.3.6.5.1.Market size and forecast, by distribution channel
8.3.6.5.2.Market size and forecast, by vehicles age
8.3.6.5.3.Market size and forecast, by application
8.3.6.5.4.Market size and forecast, by purpose
8.3.6.6.Russia
8.3.6.6.1.Market size and forecast, by distribution channel
8.3.6.6.2.Market size and forecast, by vehicles age
8.3.6.6.3.Market size and forecast, by application
8.3.6.6.4.Market size and forecast, by purpose
8.3.6.7.Rest of Europe
8.3.6.7.1.Market size and forecast, by distribution channel
8.3.6.7.2.Market size and forecast, by vehicles age
8.3.6.7.3.Market size and forecast, by application
8.3.6.7.4.Market size and forecast, by purpose
8.4.Asia-Pacific
8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by distribution channel
8.4.3.Market size and forecast, by vehicles age
8.4.4.Market size and forecast, by application
8.4.5.Market size and forecast, by purpose
8.4.6.Market analysis, by country
8.4.6.1.China
8.4.6.1.1.Market size and forecast, by distribution channel
8.4.6.1.2.Market size and forecast, by vehicles age
8.4.6.1.3.Market size and forecast, by application
8.4.6.1.4.Market size and forecast, by purpose
8.4.6.2.Japan
8.4.6.2.1.Market size and forecast, by distribution channel
8.4.6.2.2.Market size and forecast, by vehicles age
8.4.6.2.3.Market size and forecast, by application
8.4.6.2.4.Market size and forecast, by purpose
8.4.6.3.India
8.4.6.3.1.Market size and forecast, by distribution channel
8.4.6.3.2.Market size and forecast, by vehicles age
8.4.6.3.3.Market size and forecast, by application
8.4.6.3.4.Market size and forecast, by purpose
8.4.6.4.Australia
8.4.6.4.1.Market size and forecast, by distribution channel
8.4.6.4.2.Market size and forecast, by vehicles age
8.4.6.4.3.Market size and forecast, by application
8.4.6.4.4.Market size and forecast, by purpose
8.4.6.5.South Korea
8.4.6.5.1.Market size and forecast, by distribution channel
8.4.6.5.2.Market size and forecast, by vehicles age
8.4.6.5.3.Market size and forecast, by application
8.4.6.5.4.Market size and forecast, by purpose
8.4.6.6.Indonesia
8.4.6.6.1.Market size and forecast, by distribution channel
8.4.6.6.2.Market size and forecast, by vehicles age
8.4.6.6.3.Market size and forecast, by application
8.4.6.6.4.Market size and forecast, by purpose
8.4.6.7.Rest of Asia-Pacific
8.4.6.7.1.Market size and forecast, by distribution channel
8.4.6.7.2.Market size and forecast, by vehicles age
8.4.6.7.3.Market size and forecast, by application
8.4.6.7.4.Market size and forecast, by purpose
8.5.LAMEA
8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by distribution channel
8.5.3.Market size and forecast, by vehicles age
8.5.4.Market size and forecast, by application
8.5.5.Market size and forecast, by purpose
8.5.6.Market analysis, by country
8.5.6.1.Latin America
8.5.6.1.1.Market size and forecast, by distribution channel
8.5.6.1.2.Market size and forecast, by vehicles age
8.5.6.1.3.Market size and forecast, by application
8.5.6.1.4.Market size and forecast, by purpose
8.5.6.2.Middle East
8.5.6.2.1.Market size and forecast, by distribution channel
8.5.6.2.2.Market size and forecast, by vehicles age
8.5.6.2.3.Market size and forecast, by application
8.5.6.2.4.Market size and forecast, by purpose
8.5.6.3.Africa
8.5.6.3.1.Market size and forecast, by distribution channel
8.5.6.3.2.Market size and forecast, by vehicles age
8.5.6.3.3.Market size and forecast, by application
8.5.6.3.4.Market size and forecast, by purpose
CHAPTER 9:COMPETITIVE LANDSCAPE
9.1.Introduction
9.1.1.Market player positioning, 2019
9.1.2.Top winning strategies
CHAPTER 10:COMPANY PROFILES
10.1.Ally Financial Inc.
10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Operating business segments
10.1.4.Product portfolio
10.1.5.Business performance
10.2.Bank of America Corporation
10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Operating business segments
10.2.4.Product portfolio
10.2.5.Business performance
10.3.Capital One
10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Operating business segments
10.3.4.Product portfolio
10.3.5.Business performance
10.4.Daimler AG
10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Operating business segments
10.4.4.Product portfolio
10.4.5.Business performance
10.5.Ford Motor Company
10.5.1.Company overview
10.5.2.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.Business performance
10.5.7.Key strategic moves and developments
10.6.General Motors Financial Company, Inc.
10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.Business performance
10.7.Hitachi Capital Corporation
10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Operating business segments
10.7.4.Product portfolio
10.7.5.Business performance
10.7.6.Key strategic moves and developments
10.8.JPMorgan Chase & Co.
10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio
10.8.4.Business performance
10.9.Toyota Financial Services
10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Operating business segments
10.9.4.Product portfolio
10.9.5.Business performance
10.9.6.Key strategic moves and developments
10.10.Volkswagen Finance Private Limited
10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Operating business segments
10.10.4.Product portfolio
10.10.5.Business performance
LIST OF TABLES
TABLE 01.CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 02.CAR FINANCE MARKET REVENUE FOR BANKS, BY REGION, 2019–2027 ($BILLION)
TABLE 03.CAR FINANCE MARKET REVENUE FOR OEMS, BY REGION, 2019–2027 ($BILLION)
TABLE 04.CAR FINANCE MARKET REVENUE FOR CREDIT UNIONS, BY REGION, 2019–2027 ($BILLION)
TABLE 05.CAR FINANCE MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($BILLION)
TABLE 06.CAR FINANCE MARKET REVENUE, BY VEHICLE AGE, 2019-2027 ($BILLION)
TABLE 07.CAR FINANCE MARKET REVENUE FOR NEW VEHICLES, BY REGION, 2018–2026 ($BILLION)
TABLE 08.CAR FINANCE MARKET REVENUE FOR USED VEHICLES, BY REGION, 2019–2027 ($BILLION)
TABLE 09.CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019-2027 ($BILLION)
TABLE 10.CAR FINANCE MARKET REVENUE FOR PERSONAL VEHICLES, BY REGION, 2019–2027 ($BILLION)
TABLE 11.CAR FINANCE MARKET REVENUE FOR COMMERCIAL VEHICLES, BY REGION, 2018–2026 ($BILLION)
TABLE 12.CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019-2027 ($BILLION)
TABLE 13.CAR FINANCE MARKET REVENUE FOR LOANS, BY REGION, 2018–2026 ($BILLION)
TABLE 14.CAR FINANCE MARKET REVENUE FOR LEASE, BY REGION, 2019–2027 ($BILLION)
TABLE 15.CAR FINANCE MARKET REVENUE, BY REGION, 2019–2027 ($BILLION)
TABLE 16.NORTH AMERICA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 17.NORTH AMERICA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 18.NORTH AMERICA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 19.NORTH AMERICA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 20.NORTH AMERICA CAR FINANCE MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 21.U.S. CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 22.U.S. CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 23.U.S. CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 24.U.S. CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 25.CANADA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 26.CANADA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 27.CANADA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 28.CANADA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 29.EUROPE CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 30.EUROPE CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 31.EUROPE CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 32.EUROPE CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 33.EUROPE CAR FINANCE MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 34.GERMANY CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 35.GERMANY CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 36.GERMANY CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 37.GERMANY CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 38.UK CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 39.UK CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 40.UK CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 41.UK CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 42.FRANCE CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 43.FRANCE CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 44.FRANCE CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 45.FRANCE CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 46.ITALY CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 47.ITALY CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 48.ITALY CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 49.ITALY CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 50.SPAIN CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 51.SPAIN CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 52.SPAIN CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 53.SPAIN CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 54.RUSSIA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 55.RUSSIA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 56.RUSSIA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 57.RUSSIA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 58.REST OF EUROPE CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 59.REST OF EUROPE CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 60.REST OF EUROPE CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 61.REST OF EUROPE CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 62.ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 63.ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 64.ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 65.ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 66.ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 67.CHINA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 68.CHINA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 69.CHINA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 70.CHINA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 71.JAPAN CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 72.JAPAN CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 73.JAPAN CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 74.JAPAN CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 75.INDIA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 76.INDIA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 77.INDIA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 78.INDIA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 79.AUSTRALIA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 80.AUSTRALIA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 81.AUSTRALIA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 82.AUSTRALIA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 83.SOUTH KOREA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 84.SOUTH KOREA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 85.SOUTH KOREA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 86.SOUTH KOREA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 87.INDONESIA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 88.INDONESIA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 89.INDONESIA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 90.INDONESIA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 91.REST OF ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 92.REST OF ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 93.REST OF ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 94.REST OF ASIA-PACIFIC CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 95.LAMEA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 96.LAMEA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 97.LAMEA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 98.LAMEA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 99.LAMEA CAR FINANCE MARKET REVENUE, BY COUNTRY, 2019–2027 ($BILLION)
TABLE 100.LATIN AMERICA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 101.LATIN AMERICA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 102.LATIN AMERICA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 103.LATIN AMERICA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 104.MIDDLE EAST CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 105.MIDDLE EAST CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 106.MIDDLE EAST CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 107.MIDDLE EAST CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 108.AFRICA CAR FINANCE MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019–2027 ($BILLION)
TABLE 109.AFRICA CAR FINANCE MARKET REVENUE, BY VEHICLES AGE, 2019–2027 ($BILLION)
TABLE 110.AFRICA CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019–2027 ($BILLION)
TABLE 111.AFRICA CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019–2027 ($BILLION)
TABLE 112.ALLY FINANCIAL INC.: COMPANY SNAPSHOT
TABLE 113.ALLY FINANCIAL SERVICES INC..: OPERATING SEGMENTS
TABLE 114.ALLY FINANCIAL INC. : PRODUCT PORTFOLIO
TABLE 115.BANK OF AMERICA CORPORATION: COMPANY SNAPSHOT
TABLE 116.BANK OF AMERICA CORPORATION.: OPERATING SEGMENTS
TABLE 117.BANK OF AMERICA CORPORATION: PRODUCT PORTFOLIO
TABLE 118.CAPITAL ONE: COMPANY SNAPSHOT
TABLE 119.CAPITAL ONE: OPERATING SEGMENTS
TABLE 120.CAPITAL ONE: PRODUCT PORTFOLIO
TABLE 121.DAIMLER AG: COMPANY SNAPSHOT
TABLE 122.DAIMLER AG: OPERATING SEGMENTS
TABLE 123.DAIMLER AG: PRODUCT PORTFOLIO
TABLE 124.FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 125.FORD MOTOR COMPANY: OPERATING SEGMENTS
TABLE 126.FORD MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 127.GENERAL MOTORS FINANCIAL COMPANY, INC.: COMPANY SNAPSHOT
TABLE 128.GENERAL MOTORS FINANCIAL COMPANY, INC.: OPERATING SEGMENTS
TABLE 129.GENERAL MOTORS FINANCIAL COMPANY, INC. : PRODUCT PORTFOLIO
TABLE 130.HITACHI CAPITAL CORPORATION: COMPANY SNAPSHOT
TABLE 131.HITACHI CAPITAL CORPORATION: OPERATING SEGMENTS
TABLE 132.HITACHI CAPITAL CORPORATION: PRODUCT PORTFOLIO
TABLE 133.JPMORGAN CHASE & CO.: COMPANY SNAPSHOT
TABLE 134.JPMORGAN CHASE & CO.: PRODUCT PORTFOLIO
TABLE 135.TOYOTA FINANCIAL SERVICES: COMPANY SNAPSHOT
TABLE 136.TOYOTA FINANCIAL SERVICES.: OPERATING SEGMENTS
TABLE 137.TOYOTA FINANCIAL SERVICES: PRODUCT PORTFOLIO
TABLE 138.VOLKSWAGEN FINANCE PRIVATE LIMITED: COMPANY SNAPSHOT
TABLE 139.VOLKSWAGEN FINANCE PRIVATE LIMITED: OPERATING SEGMENTS
TABLE 140.VOLKSWAGEN FINANCE PRIVATE LIMITED : PRODUCT PORTFOLIO
LIST OF FIGURES
FIGURE 01.CAR FINANCE MARKET, 2019–2027
FIGURE 02.CAR FINANCE MARKET, BY REGION, 2019–2027
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.CAR FINANCE MARKET, BY DISTRIBUTION CHANNEL, 2019-2027
FIGURE 06.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR BANKS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 07.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), BY COUNTRY, 2019 & 2027 (%)
FIGURE 08.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR CREDIT UNIONS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 09.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 10.CAR FINANCE MARKET REVENUE, BY VEHICLE AGE, 2019-2027 ($BILLION)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR NEW VEHICLES, BY COUNTRY, 2018 & 2026(%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR USED VEHICLES, BY COUNTRY, 2019 & 2027(%)
FIGURE 13.CAR FINANCE MARKET REVENUE, BY APPLICATION, 2019-2027 ($BILLION)
FIGURE 14.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR PERSONAL VEHICLES, BY COUNTRY, 2019 & 2027(%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR COMMERCIAL VEHICLES, BY COUNTRY, 2018 & 2026(%)
FIGURE 16.CAR FINANCE MARKET REVENUE, BY PURPOSE, 2019-2027 ($BILLION)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR LOANS, BY COUNTRY, 2018 & 2026(%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF CAR FINANCE MARKET FOR LEASE, BY COUNTRY, 2019 & 2027(%)
FIGURE 19.U.S. CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 20.CANADA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 21.GERMANY CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 22.UK CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 23.FRANCE CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 24.ITALY CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 25.SPAIN CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 26.RUSSIA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 27.REST OF EUROPE CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 28.CHINA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 29.JAPAN CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 30.INDIA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 31.AUSTRALIA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 32.SOUTH KOREA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 33.INDONESIA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 34.REST OF ASIA-PACIFIC CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 35.LATIN AMERICA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 36.MIDDLE EAST CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 37.AFRICA CAR FINANCE MARKET REVENUE, 2019-2027 ($BILLION)
FIGURE 38.MARKET PLAYER POSITIONING, 2019
FIGURE 39.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2020
FIGURE 40.TOP WINNING STRATEGIES, BY COMPANY, 2018-2020
FIGURE 41.ALLY FINANCIAL INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 42.ALLY FINANCIAL INC.: REVENUE SHARE BY SEGMENT (2020)
FIGURE 43.BANK OF AMERICA CORPORATION: NET SALES, 2017–2019 ($MILLION)
FIGURE 44.BANK OF AMERICA CORPORATION: REVENUE SHARE BY SEGMENT (2019)
FIGURE 45.BANK OF AMERICA CORPORATION: REVENUE SHARE BY REGION (2019)
FIGURE 46.CAPITAL ONE: NET SALES, 2017–2019 ($MILLION)
FIGURE 47.CAPITAL ONE: REVENUE SHARE BY SEGMENT (2019)
FIGURE 48.DAIMLER AG: NET SALES, 2017–2019 ($MILLION)
FIGURE 49.DAIMLER AG: REVENUE SHARE BY SEGMENT (2019)
FIGURE 50.DAIMLER AG: REVENUE SHARE BY SEGMENT (2019)
FIGURE 51.FORD MOTOR COMPANY: NET SALES, 2016–2018 ($MILLION)
FIGURE 52.FORD MOTOR COMPANY: REVENUE SHARE BY SEGMENT (2018)
FIGURE 53.FORD MOTOR COMPANY: REVENUE SHARE BY REGION (2018)
FIGURE 54.GENERAL MOTORS FINANCIAL COMPANY, INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 55.GENERAL MOTORS FINANCIAL COMPANY, INC.: REVENUE SHARE BY SEGMENT (2019)
FIGURE 56.GENERAL MOTORS FINANCIAL COMPANY, INC.: REVENUE SHARE BY REGION (2019)
FIGURE 57.HITACHI CAPITAL CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 58.HITACHI CAPITAL CORPORATION: REVENUE SHARE BY SEGMENT (2020)
FIGURE 59.JPMORGAN CHASE & CO.: NET SALES, 2017–2019 ($MILLION)
FIGURE 61.JPMORGAN CHASE & CO: REVENUE SHARE BY REGION (2019)
FIGURE 62.TOYOTA FINANCIAL SERVICES: NET SALES, 2018–2020 ($MILLION)
FIGURE 63.TOYOTA FINANCIAL SERVICES: REVENUE SHARE BY SEGMENT (2020)
FIGURE 64.VOLKSWAGEN FINANCE PRIVATE LIMITED: NET SALES, 2018–2020 ($MILLION)
FIGURE 65.VOLKSWAGEN FINANCE PRIVATE LIMITED: REVENUE SHARE BY SEGMENT (2020)
