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(Transportation-News.com, February 22, 2018 ) Automotive Financing market is estimated to reach USD XX billion by 2024 at a CAGR of XX.X%. Growth in GDP in developing countries and increasing population in emerging countries are the key factors in the growth of the market. Automotive financing refers to payment method of financed vehicles which are bought completely or put on a lease, automotive financing markets will witness significant growth in the forecasting period a rise in the per capita income of the developing nations coupled with decreasing unemployment rate. Increase in the number of used car outlets and car showrooms are propelling the financing markets of the automotive industry. In particular, financing of the passenger vehicles is forecasted to register the highest growth rate by 2024.
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Automotive Financing Market Top Players
• Chase Auto Finance Services
• Wells Forgo
• Ford Motor Credit
• Bank of America
• Toyota Financial Services
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South America Automotive Financing market:https://www.envisioninteligence.com/industry-report/south-america-automotive-financing-market/
North America Automotive Financing market:https://www.envisioninteligence.com/industry-report/north-america-automotive-financing-market/
Asia-Pacific Automotive Financing market:https://www.envisioninteligence.com/industry-report/asia-pacific-automotive-financing-market/
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