The core data of this paper: the development scale of car rental market and the prediction of future market scale.
1, currently in the adjustment and upgrading stage.
Car rental, also known as purchasing by rent, is a form of auto finance. At present, there is no global unified definition. In the United States, the lessee mainly pays rent to the lessor regularly to obtain the right to use the car. When the lease expires, the lessee can choose to pay the residual value agreed in the contract to buy the car. The residual value of the contract is generally the locked value set by the financial leasing company, which may be different from the actual disposal price. The lease contract can be signed in the form of operating lease or financing lease.
The development of car rental market in China is mainly divided into four stages, namely, embryonic stage, rapid development stage, disorderly competition stage and adjustment stage. At present, the car rental market in China is in the adjustment stage.
2. The impact of the epidemic will greatly reduce the growth of market scale in 2020.
As a new transportation service industry in China, car rental is an important mode of transportation to meet people's personalized travel, business activities and major social activities, and an important part of the comprehensive transportation system. At the same time, the car rental industry plays a very significant role in promoting traditional transportation, tourism, automobile industry, automobile circulation and other related industries.
In recent years, with the rapid development of internet finance, the penetration rate of auto finance has increased rapidly, which has driven the rapid growth of the car rental market. Although China * * * suffered a cold wave in 20 18, the overall financial leasing market kept growing.
According to the data of Fastdata, an internationally renowned research institution, the scale of China car rental market showed an increasing trend year by year from 20 15 to 20 19. In 2020, the car rental market in China is expected to decrease by 12.4%, reaching 90.3 billion yuan.
3. Internet giants are optimistic about the field of car financing leasing.
As the four giants in China's Internet field, BATJ's investment direction plays a weathervane role. In recent years, BATJ has been carrying out its own auto finance layout. In the auto finance layout of Internet giants, auto finance leasing, as the "blue ocean" in the auto finance field, has been widely concerned. Yixin obtained several rounds of financing from Baidu, Tencent and JD.COM, with a total amount of USD 6543.8+RMB 500 million, and was listed in Hong Kong in 2065.438+07. Play a car and get Ali's two rounds of leading investment, with an amount of 9.65438+0 million US dollars; Heart has got about $200 million investment from Baidu and Tencent; Peanut Car and Murray Car Finance received US$ 270 million and US$ 65.438+0 billion from JD.COM respectively; Lion Bridge Leasing, which focuses on commercial vehicle financial leasing, received an investment of 654.38 billion RMB from Baidu.
4. In 2026, the market scale will exceed 1000 billion yuan.
On the whole, the number of automobile drivers in China is 2011-the compound annual growth rate in 2020 is 9.8 1%, and the number of automobile drivers in 2020 is 448 million. However, in recent years, the overall automobile production and sales situation in China is not optimistic. The overall automobile production and sales have shown a downward trend since 20 17. In 2020, the overall automobile production and sales volume will be 25 million, and the number of automobiles will be 287 million. There is a big difference between people with car driving qualifications and people with cars.
This social situation reflects that there are more and more "locals" with certificates and no cars. Many college students use their spare time to get a driver's license and become the main force with a license and no car. There are also many people who can't afford a car but have a driver's license. Close relatives and friends will choose to rent a car. This development trend is expected to bring more room for demand growth in China car rental market. With the advent of the post-epidemic era, people's demand for car rental will increase for health and safety reasons. Based on this, this paper predicts that the car rental market in China will show a sustained growth trend in the future. It is estimated that the market scale will reach 654.38+0078 billion yuan in 2026, with a compound annual growth rate of about 3%.
4. Put forward development suggestions at multiple levels.
But at the same time, there are still some problems in China car rental market. In order to realize the better development of the car rental market, we should improve the personal credit system, strengthen the prevention of car rental heat risk, and at the same time formulate laws and regulations on car rental business to improve the entry threshold; Standardize enterprise competition and guide the development of network platform. For car rental companies, they can achieve development through cooperation with various enterprises and introduce equity funds to help them develop.
The above data refer to the Analysis Report on Market Foresight and Investment Strategic Planning of China Car Rental Industry by Forward-looking Industry Research Institute.