Car Finance Industry, Forecast to 2020
Car Finance Industry, Forecast to 2020
Technology and Process Innovations are Leading to More Affordable and Instant Car Finance, Ultimately Resulting in Increased Car Sales
28-Nov-2016
Global
Description
Car finance companies are moving towards digitising the car-buying process, from providing buying assistance to delivering the car at the doorstep. Technology and process innovations are happening across 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 models like Peer-to-peer lending and crowdfunding are making car finance accessible to a large number of people. This study discusses the key trends and new business models that can shape the car finance industry in the next 5 years.
Table of Contents
Executive Summary—The Finance Evolution
Executive Summary—Car Financing: Product Segmentation
Executive Summary—Car Financing: Supplier Segmentation
Executive Summary—Car Financing Modules
Executive Summary—Disruptions in the Car Financing Industry
Executive Summary—Case Studies on Market Disruptors
Executive Summary—Key Conclusions
Research Scope
Research Aims, Objectives, and Methodology
Key Questions this Study will Answer
Case Studies on Market Disruptors
2013–2016 Fleet and Leasing Research Titles
Car Financing: Product Segmentation
Car Financing: Supplier Segmentation
Product/Service Definition
Product/Service Definition (continued)
Worldwide Passenger Vehicle Sales
Car Finance Penetration
New Vehicle Finance
Car Finance Trends in Leading Markets
Car Finance Trends in Leading Markets (continued)
Car Finance Evolution
Car Finance—Mega Trends
The FinTech Revolution
Car Financing Modules
Car Financing Modules—Case Study: ‘Interact’
Module 1—Affordable Loan Amount Calculation
Module 1—Car Finance Consultants Case Study: Zuto
Module 2—Secondary Research: Compare Car Financing Products
Module 2—Car Finance Product: Online Lending
Module 2—Car Finance Product: Crowdfunding
Module 2—Car Finance Product: Peer-to-peer Lending
Module 2—Peer-to-peer Lending Case Study: Zopa
Module 2—Peer to Peer Lending Case Study: Lending Club
Module 2—Car Financing Product: Virtual Currency
Module 2—Virtual Currency Case Study: BitPremier
Module 2—Car Financing Product: Currency of the Future
Module 3—POS Advisor to the Customer
Module 3—Digital Retail Strategies of Key OEMs: Case Studies
Module 3—POS Advisor Case Study: Hyundai Rockar
Module 3—POS Advisor Case Study: Carwow
Module 3—POS Advisor: Impact of 3D Printing
Module 3—POS Advisor 3D Printing Case Study: Strati
Module 4—Application Process
Module 4—Online Loan Application Process Case Study: AutoFi
Module 5—Document Submission: eContracting
Module 6—Document Review: Digitization of Services to Reduce Fraud
Module 6—Document Review: Accessing Credit Risks of Customers
Module 6—Accessing Credit Risks Case Study: Yodlee
Module 7—Sign Documents: Digital Signature
Module 7—Digital Signature Case Study: DocuSign
Module 8—Down Payment and Monthly Payments: Cashless Transactions
Module 8—Down Payment and Monthly Payments: Pay on the Go
Module 8—Mobile Payments Case Study: Apple Pay
Module 8—Down Payment and Monthly Payments: Mobile Payments
Growth Opportunity 1: Growth in Automobile Industry
Growth Opportunity 2: FinTech Revolution
Growth Opportunity 3: Peer to Peer Lending
Growth Opportunity 4: eContracting
Strategic Imperatives for Success and Growth
Key Conclusions
The Last Word—3 Big Predictions
Legal Disclaimer
Abbreviations and Acronyms Used
Global Fleet and Leasing Research – Planned & Published
Learn More—Next Steps
Market Engineering Methodology
Related Research
Strategic Analysis of WBG Semiconductors in Power Electronics Applications for EVs, Forecast to 2030
No Index | No |
---|---|
Podcast | No |
Author | Niall Robertson |
Industries | Cross Industries |
WIP Number | MBB5-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9800-A6,9B02-A6 |