United Kingdom Auto Loan Market Size- By Product, By Ownership, By Provider Type, By Tenure- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Description

United Kingdom Auto Loan Market Introduction and Overview

According to SPER Market Research, 'United Kingdom Auto Loan Market Size - By Product, By Ownership, By Provider Type, By Tenure - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the United Kingdom Auto Loan Market is estimated to reach USD 135.02 billion by 2033 with a CAGR of 4.7%.

Automobile loans are a sort of financing provided by banks and government agencies that allows clients to purchase an automobile without paying the whole amount at the time of ownership transfer. Instead, customers make equal monthly payments on the principal and interest rate of the vehicle, and when the price is paid in full, they become the owner. Auto loans are secured loans in which the vehicle is placed as collateral.

According to OICA, the early phases of the COVID-19 pandemic, especially in 2020 Q1, had a significant impact on the auto sector, resulting in a 3-4% decline in new vehicle demand and a 1-2% decline in used car demand from 2019. However, once international lockdown regulations relaxed after June 2020, sales rose. In comparison to the same period in 2019, Accenture saw a 3.2% increase in the demand for new loans in Q2 2020.

Scope of the Report:

Report Metric Details

Market size available for years 2020-2033

Base year considered 2023

Forecast period 2024-2033

Segments covered By Product, By Ownership, By Provider Type, By Tenure

Regions covered London, East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire, Humberside

Companies Covered Blue Motor Finance, Northridge Car Finance, Lloyds Bank, Nationwide Building Society, Royal Bank of Scotland, Close Brothers Motor Finance, Black Horse Finance, MotoNovo Finance, Moneybarn, Zopa.

United Kingdom Auto Loan Market Segmentation

By Vehicle Type: Based on the Vehicle Type, United Kingdom Auto Loan Market is segmented as; Passenger Vehicle, Commercial Vehicle.

By Ownership: Based on the Ownership, United Kingdom Auto Loan Market is segmented as; New Vehicles, Used Vehicles.

By Provider Type: Based on the Provider Type, United Kingdom Auto Loan Market is segmented as; Banks, Original Equipment Manufacturers, Non-Banking Financial Companies, Credit Unions, Other Provider Types.

Product Code: BFSI2421

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
4.2. COVID-19 Impacts of the United Kingdom Auto Loan Market.

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. United Kingdom Auto Loan Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Auto Loan Market

7. United Kingdom Auto Loan Market, By Vehicle Type (USD Million) 2020-2033

7.1. United Kingdom Auto Loan Market Size, Share and Forecast, By Vehicle Type, 2020-2026
7.2. United Kingdom Auto Loan Market Size, Share and Forecast, By Vehicle Type, 2027-2033
7.3. Passenger Vehicle
7.4. Commercial Vehicle

8. United Kingdom Auto Loan Market, By Ownership (USD Million) 2020-2033

8.1. United Kingdom Auto Loan Market Size, Share and Forecast, By Ownership, 2020-2026
8.2. United Kingdom Auto Loan Market Size, Share and Forecast, By Ownership, 2027-2033
8.3. New Vehicles
8.4. Used Vehicles

9. United Kingdom Auto Loan Market, By Provider Type (USD Million) 2020-2033

9.1. United Kingdom Auto Loan Market Size, Share and Forecast, By Provider Type, 2020-2026
9.2. United Kingdom Auto Loan Market Size, Share and Forecast, By Provider Type, 2027-2033
9.3. Banks
9.4. Non-Banking Financial Companies
9.5. Original Equipment Manufacturers
9.6. Credit Unions
9.7. Other Provider Types

10. United Kingdom Auto Loan Market, By Tenure (USD Million) 2020-2033

10.1. United Kingdom Auto Loan Market Size, Share and Forecast, By Tenure, 2020-2026
10.2. United Kingdom Auto Loan Market Size, Share and Forecast, By Tenure, 2027-2033
10.3. Less than Three Years
10.4. 3-5 Years
10.5. More Than 5 Years

11. United Kingdom Auto Loan Market Forecast, 2020-2033 (USD Million)

11.1. United Kingdom Auto Loan Market Size and Market Share

12. United Kingdom Auto Loan Market, By Region, 2020-2033 (USD Million)

12.1. United Kingdom Auto Loan Market Size and Market Share By Region (2020-2026)
12.2. United Kingdom Auto Loan Market Size and Market Share By Region (2027-2033)
12.3. London
12.4. East Anglia
12.5. Southwest
12.6. Southeast
12.7. Scotland
12.8. East Midlands
12.9. Yorkshire
12.10. Humberside

13. Company Profile

13.1. Blue Motor Finance
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. Northridge Car Finance
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. Lloyds Bank
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. Nationwide Building Society
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. Royal Bank of Scotland
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. Close Brothers Motor Finance
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. Black Horse Finance
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. MotoNovo Finance
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
13.9. Moneybarn
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
13.10. Zopa
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
13.11. Others