Automotive financial services including car loans, car finance leasing and car insurance , and auto finance business in China focused on car loans . In terms of price , which is generally higher than commercial bank lending rates by 1% -2% , but the cost of the audit process and guarantee an advantage compared to commercial banks .

Well , according to David stabilizer linkunderstand , first and foremost a family car means of transport , the first is a luxury, becoming a consumer product , but with the growing popularity of the car , used car transactions with maturity , depreciation standardized assessment standardization , trade after standardization, it has gradually become an asset of the individual tenements . For example , a car, 300,000 purchase from the market, the discount of 10% per year , ten years of retirement , held during the middle of accidental damage caused may be borne by the insurance, then, in the decade of the personal car ownership among , at any time , you can use the car , apply for a loan .

      Compared with vehicle networking, electricity providers , new energy, to be uncertain outlook for the auto finance much more than most companies to maintain a growth rate of 30% . But this does not mean that the car does not need to break the bottleneck of financial , regulatory policies , funding sources and enhance professionalism, how to break the ice used car finance , how to integrate the electricity supplier and the Internet are placed in front of the car finance topics . Bank car loan , automotive manufacturers finance companies, financial leasing companies , data and used car companies also have their own happiness and troubles .

The reason why the independent brand development effort may still be forced auto finance market pressure . China Automotive Industry Association released data show that in the first quarter of this year, the market share of own-brand vehicles fell 23.4 percent , far below the 29.2 percent a year earlier. Dragged by car sales fell sharply , Chinese independent brand passenger cars for seven consecutive quarters of market share in a downturn .

Mobile Internet , cloud computing, big data brings massive accurate information has completely changed for thousands of years the problem of asymmetric information between consumers and product providers. Emergence of the Internet in a sense this is just a preview , go directly to the Internet and financial integration is the real beginning. "It should be said that the era of big data, some of the traditional banking business has been given new meaning to the objects and format changes the pattern of banking services , auto finance , too ."

      For the concept car finance , generalized formulation is in all areas of automotive production, distribution, purchase and consumption of all aspects of the activities of the narrow formulation is usually auto finance car loans , including car loans and car finance lease car insurance .

       Well , according to David stabilizer link noted , financial institutions and institutional perspectives on the Internet of risk is not the same . On the one hand, financial institutions, product updates, new era , strategically how to adjust. The same is the case for vendors problem , the problem is not in the repo break the ice , everyone is hard to take the first step on some core issues. So just tell you that the mobile Internet is changing the mode of transmission , or change the values ​​? I think it is changing the way of thinking . All products of this industry in the alternative , why Internet companies go so fast ? Basically from traditional products out to more reliable , go perfect rhythm thinking into the process of trial and error in the market . Run fast, right and wrong people will be able to withstand strong rapid development. Manufacturers and financial institutions in the new financial product promotion, is also facing a new way of change