In recent years, the domestic automobile consumption demand is increasing, the financial demand of all parties in the automobile industry supply chain is increasing, and the scale of the Internet automobile finance market is increasing year by year. Statistics show that in 20 18, the scale of internet auto finance market in China was 356.63 billion yuan, and in 20 19, the scale of auto finance market in internet plus, China was about 443.84 billion yuan.
Internet auto finance has a huge development space.
At present, the traditional auto finance business faces two major opportunities: First, the micro-growth of the auto market has become the new normal, and the profit of new car sales is getting lower and lower. Automobile companies and dealers have begun to shift their business focus to the after-sales market. Second, the consumer groups of automobiles are getting younger and younger, and the proportion of mobile Internet is getting heavier and heavier. Using Internet technology to actively explore the market has become the future development direction of the auto finance industry.
Compared with internet auto finance, the traditional auto loan approval speed is relatively slow, the review materials are more complicated and the down payment is higher. Auto finance has professional services, can provide professional solutions, and has certain flexibility. Forward-looking analysis believes that the future inter-company integration and development among banking, e-commerce and auto finance professional services will be the main trend of the industry. Foresight predicts that by 2025, the scale of China's auto finance in internet plus will exceed 654.38+0.5 trillion yuan.
-For more data, please refer to the Market Foresight and Investment Strategic Planning Analysis Report of China Automobile Finance Industry by Forward-looking Industry Research Institute.