Auto Leasing, Loans & Sales Financing in the US - Industry Market Research Report

Drive on: Higher interest rates are expected to decrease demand for new auto loans and leases

The Auto Leasing, Loans and Sales Financing industry includes establishments that provide sales financing or leasing in combination with sales financing for automobiles. To start the period, increased consumer spending drove demand for industry services, while a rising prime rate drove up the cost of (and therefore revenue generated by) industry services, resulting in revenue growth. The industry saw negative revenue growth in 2020 as it faced depressed consumer demand and a lower prime rate due to the pandemic. The industry returned to growth in 2021 as consumer spending rebounded, as well as in 2022 as the prime rate has been raised to combat inflation.

This industry includes establishments that provide sales financing or leasing in combination with sales financing for automobiles. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual-installment sales agreement, either directly from or through arrangements with dealers. Industry participants generate revenue through the interest and fees that are included in the installment payments of borrowers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.