Market Share of Australia Used Car Financing Industry
The market for used car financing in Australia is on the fragmented side. The presence of many organized and unorganized players has created such a market scenario. Also, most auto manufacturers, apart from offering their own financing, have tie-ups with banks and other financial institutions to offer a wider choice for their customers. But the relatively easier procedures to procure a loan from various NBFCs are expected to tilt the market in their favor.
Financiers including OEM, banks, and NBFCs have made stregatic forefront in order to witness improved sales bars in the market. Key major players ruling the market include Adelaide Vehicle Centre, Dutton Group, Mozo Pty Ltd., National Australia Bank Limited and Australia and New Zealand Banking Group Limited.
Australia Used Car Financing Market Leaders
Adelaide Vehicle Centre
Dutton Group
Mozo Pty Ltd.
National Australia Bank Limited
The Australia and New Zealand Banking Group Limited
*Disclaimer: Major Players sorted in no particular order
