How Segmentation, Policy, and Future Trends Are Transforming the Global Car Finance Market
The global car finance market size stood at USD 290 billion in 2022 and is projected to reach USD 450 billion by 2027 , growing at a CAGR of 9% . This growth is supported by evolving vehicle ownership models, government-backed EV initiatives, and shifting consumer preferences toward digital and flexible financing. As market players compete across different customer segments, policy environments and future innovations will define long-term success. Segmentation Trends in the Global Car Finance Market: Why diversified models matter now Market segmentation in car finance is becoming more refined as lenders focus on personalized offerings. From used car loans to green vehicle finance, segmentation ensures better targeting of customer needs and risk profiles. New Car Finance : Over 75% of global car finance is tied to new vehicles; led by OEM captive arms like Ford Credit , Toyota Financial Services , and Volkswagen Financial Services that offer integrated EMI plans and zero...