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

  • ID: 4578337
  • Report
  • Region: Texas
  • 27 pages
  • IBISWorld
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Cruise control: Favorable economic conditions will further drive demand for industry services

Auto Leasing, Loans & Sales Financing in Texas

Over the five years to 2017, the Auto Leasing, Loans and Sales Financing industry in Texas has exhibited health growth, as demand for auto financing and leasing has increased. Texans have fared with greater disposable income during the five-year period, especially as average wages have started to increase in the state. Moreover, interest rates have remained near historical lows over much of the past five years, stimulating economic growth and providing borrowers with less expensive access to capital. Over the five years to 2022, the industry is anticipated to continued growing, as demand for auto loans and leases continues to rise. Although the Federal Reserve is projected to raise the federal funds rate more frequently over the next five years, interest rates will remain low compared with historical standards. Therefore, demand for auto loans and leases is projected to remain strong, especially as consumers and businesses in Texas seek to lock in lower fixed-rate loans.

This industry includes companies that provide sales financing or sales financing in combination with leasing in Texas. Sales financing operators 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.

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ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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