Banks represented just under 32 percent of the total car financing market in the United States, followed closely by captive finance companies. These companies are subsidiaries of automakers, providing financial services to the parent company's customers.
Distribution of the total car financing market in the United States in 2021, by institution
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Experian. (March 31, 2022). Distribution of the total car financing market in the United States in 2021, by institution [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/
Experian. "Distribution of the total car financing market in the United States in 2021, by institution." Chart. March 31, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/
Experian. (2022). Distribution of the total car financing market in the United States in 2021, by institution. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/
Experian. "Distribution of The Total Car Financing Market in The United States in 2021, by Institution." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/
Experian, Distribution of the total car financing market in the United States in 2021, by institution Statista, https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/ (last visited November 22, 2024)
Distribution of the total car financing market in the United States in 2021, by institution [Graph], Experian, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1314208/us-market-share-of-the-total-car-financing-market-by-institution/