Automotive Finance Market Size, Share & Trends Forecast by 2033

Research Methodology – Automotive Finance Market

At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Automotive Finance Market comprises the following key stages:

Market Indicator & Macro-Factor Analysis

Our baseline thesis for the Automotive Finance Market is developed by integrating key market indicators and macroeconomic variables. These include:

1 Factors considered while calculating market size and share

Number of vehicles sold in the market
New and used vehicle sale figures
Average price of vehicles
Current market demand of different types of automobile loans
Level of auto loan interest rates
Duration of the vehicle loans
The percentage of vehicle buyers using financing options
Market penetration of various financiers such as banks, NBFCs, and fintech companies

2 Key Market Indicators

Total revenue brought in by the automotive finance industry
The growth rate of vehicle sales
The proportion of new and used vehicle sales financed through loans
Market share of leading companies in the automotive finance market
Interest rate trends in the automotive finance market
Default rate on automotive loans
Regulations impacting the automotive finance industry

3 Growth Trends

Increasing demand for electric vehicles and its effect on the automotive finance market
Emergence of digital auto financing solutions
Increased adoption of AI and machine learning in the auto finance industry
Increasing trend of long-term vehicle loans
Expansion of automotive finance market in developing countries
Increased penetration of Internet of Things (IoT) in the automotive sector

Secondary Research

Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Automotive Finance Market. Key inputs include:

Company-Level Information

Annual reports, investor presentations, SEC filings
Company press releases and product launch announcements
Public executive interviews and earnings calls
Strategy briefings and M&A updates

Industry and Government Sources

Country-level industry associations and trade bodies
Government dossiers, policy frameworks, and official releases
Whitepapers, working papers, and public R&D initiatives
Relevant Associations for the Automotive Finance Market

Market Intelligence Sources

Broker reports and financial analyst coverage
Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
Import/export trade data and tariff databases
Sector-specific journals, magazines, and news portals

Macro & Consumer Insights

Global macroeconomic indicators and their cascading effect on the industry
Demand–supply outlook and value chain analysis
Consumer behaviour, adoption rates, and commercialization trends

Primary Research

To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:

Expert Insights & KOL Engagements

Key Opinion Leader (KOL) Engagements
Structured interviews with executives, product managers, and domain experts
Paid and barter-based interviews across manufacturers, distributors, and end-users

Focused Discussions & Panels

Discussions with stakeholders to validate demand-supply gaps
Group discussions on emerging technologies, regulatory shifts, and adoption barriers

Data Validation & Business POV

Cross-verification of market sizing and forecasts with industry insiders
Capturing business perspectives on growth opportunities and restraints

Data Triangulation & Forecasting

The final step of our research involves data triangulation ensuring accuracy through cross-verification of:

Demand-side analysis (consumption patterns, adoption trends, customer spending)
Supply-side analysis (production, capacity, distribution, and market availability)
Macroeconomic & microeconomic impact factors

Forecasting is carried out using proprietary models that combine: