The global automotive financing market was valued at USD 0.48 billion in 2023 and is expected to reach USD 5.8 billion by 2030, growing at a CAGR of 7.4% during 2025-2030. To gain hassle-free and quick financing for autonomous vehicles or for purchasing new or old vehicles customers are choosing the service providers that avail them of consulting services powered by data-driven immense information. Furthermore, finance providers becoming digitalized thus help the end users to evaluate and access appropriate schemes that align with their requirements and interests.
The indirect finance type is expected to generate higher CAGR during the forecast period in the global automotive financing market
Based on finance type, the global automotive financing market is bifurcated into indirect and direct. Between these, the indirect finance type is expected to generate higher CAGR during the forecast period as this segment provides increasing benefits to the consumers to access independent finance specialists and provides an appropriate way to finance a vehicle as per their requirements.
Segment / Key Players |
Categorization |
Provider Type |
OEMs, Banks, Other Financial Institutions |
Purpose Type |
Leasing, Loan, Others |
Finance Type |
Indirect, Direct |
Vehicle Type |
Passenger Vehicle, Commercial Vehicle |
Key Players |
Bank of China, Mercedes-Benz Financial Services, Toyota Financial Services, Hitachi Capital Asia Pacific, Bank of America, Volkswagen Finance, Banquo Bradesco Financiamentos, BNP Paribas, Ally Financial, Wells Fargo, Industrial and Commercial Bank of India, HSBC, Capital One, and HDFC Bank. |
Geography Insight
Geographically, Europe is the largest automotive financing market and is expected to generate the largest revenue by 2030. This is owing to the increasing number of finance service providers in the region. On the other hand, Asia-Pacific is expected to witness the highest CAGR during the forecast period due to the extensive efforts undertaken by the government authorities in countries such as China, India, and Japan towards consumer interest that is further uplifting the growth of the automotive industry.
Competitive Insight
Some of the key players operating in the global automotive financing market are Bank of China, Mercedes-Benz Financial Services, Toyota Financial Services, Hitachi Capital Asia Pacific, Bank of America, Volkswagen Finance, Banquo Bradesco Financiamentos, BNP Paribas, Ally Financial, Wells Fargo, Industrial and Commercial Bank of India, HSBC, Capital One, and HDFC Bank.
Global Automotive Financing Market Coverage
Provider Type Insight and Forecast 2025 – 2030
Purpose Type Insight and Forecast 2025 – 2030
Finance Type Insight and Forecast 2025 – 2030
Vehicle Type Insight and Forecast 2025 – 2030
Geographical Segmentation
Automotive Financing Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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