Port communicationHong Kong Xintong-Today I will introduce to you the rapid development of the automobile industry in the financing market，Let’s learn together! my country's automobile industry has developed rapidly in recent years，over the past 10 years，The year-on-year growth rate of my country's car ownership is above 10%。Comparing international data, we can find that，At present, the relative scale of my country's second-hand car market is still small.，Huge room for future development。
Shen Rong, deputy secretary-general of the China Automobile Dealers Association, said，“The gradual relaxation of the relocation restriction policy，Enable B2B (centralized sales of second-hand cars from 4S stores to second-hand car dealers or retailers)；Large dealers sell used cars to small retailers) The platform business will accelerate its connection with offline dealers，It will also be possible for the transaction volume of second-hand cars to reach 2 trillion yuan in the future.。
“Financial penetration rate in the automobile industry is low，Financial leasing supplements traditional channels. As a common mortgage asset, cars have high unit prices.、Easily convertible features，Auto financial services are an important profit-making link in the automotive industry chain。Traditional car finance services，Mainly provided by commercial banks and auto finance companies，Products are also mainly car mortgage loans。
Compared with traditional financial institutions，The financial leasing industry has the natural ability to provide automobile financial services.
Advantages
：1、Financial leasing companies as a supplementary sector to traditional finance，Can lower entry barriers，And joint services with car dealers，Master the front-end automotive consumer market，And oriented to a more comprehensive automobile brand market；2、Financial leasing products are highly flexible，Short loan time、Flexible repayment methods，Suitable for customers who are not very sensitive to interest rates or those who are short on loan time；3、Transfer of car ownership through financial leasing business，Contributes to the asset disposal and liquidation process after NPLs occur，Little legal risk、low cost。
Under the current industry development trend，The “e-commerce + leasing” business model has more room for promotion。
Because consumers are replacing second-hand cars，Often accompanied by the need to buy a new car，Therefore, when trading, more emphasis is placed on transaction timeliness and price rationality.，That is, you need to quickly withdraw funds to buy a new car at a reasonable price.，The combination of “e-commerce + leasing”，These two points can be better solved：1、E-commerce can solve the problem of information asymmetry in the second-hand car market，Identify risks by analyzing used car transaction data、Match pricing，Achieve scale effect；2、On the other hand, financial services are provided through financial leasing.，Fill the gap in credit services。
If you still want to know more about this aspect，Welcome to consult Hong Kong Xintong at any time!
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