France Automotive Loan Market Share, Trends, Analysis, Opportunity, Size, Demand & Forecast
Expansion of fintech companies, independent leasing companies with digital channels, automotive OEMs, low-interest rates, and the increasing sales of private vehicles are the leading factors driving the France Automotive Loan Market during the projected period. According to TechSci Research report, “ France Automotive Loan Market–Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The France automotive loan market is expected to grow faster during the forecast period due to the entrance of many new players in the automotive loan market, such as fintech, independent lending companies with digital channels, and automotive OEMs. The Important Elements of the France Automotive Loan Market An individual can take the loan with a classic or long-term rental loan. In France, the Consumer Code has set the maximum car loan amount at 75,000 euros and the total repayment time at 84 months for new car purchases. Therefore, it stands to reason that mor...