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Consumer Automotive Financial Services in Thailand

 

Naperville, IL -- (SBWIRE) -- 10/13/2014 -- Reportstack, provider of premium market research reports announces the addition of Consumer Automotive Financial Services in Thailand market report to its offering

Consumer Automotive Financial Services in Thailand investigates the market for automotive financial services linked to sales of new and used passenger cars to individual buyers in Thailand. In addition to analysing the market for finance and leasing services, the study also covers motor insurance, road assistance, creditor insurance, extended warranties and prepaid service contracts plus GAP insurance.

Using survey results for average take-up rates for finance and leasing propositions at the point of sale, data for the size and growth of the automotive finance and leasing market for consumers in Thailand is provided in terms of gross advances and assets leased for 2009 to 2013 with splits between finance for new and used cars and between finance organised through dealerships at the point of sale and directly with banks or other lending institutions.

Moreover, also by means of data for average take-up rates, the markets for motor insurance, road assistance, creditor insurance, extended warranties and prepaid service contracts are sized in terms of gross written premiums and other revenues sold through the automotive trade (i.e. via dealers and manufacturers) in 2013. These markets, estimated to be worth TBH 35.3 billion in total in 2013, are broken down between new and used cars, and between new contracts sold during 2013 and in-force business sold in previous years but still being renewed in 2013.

The report draws on a survey of 55 leading car dealerships as well as an analysis of the approach to consumer automotive financial services of 27 car manufacturer brands in Thailand. The PartnerBASE dataset that accompanies the report details each of the marketing initiatives for consumer automotive financial services traced by Finaccord for both dealers and manufacturers; a market data annexe is also available in a convenient spreadsheet format so that there is no need to re-enter key data points from the report.

In addition to captive finance companies owned by manufacturer brands, organisations covered by the report include Allianz Global Assistance, Bangkok Insurance, Bank of Ayudhya, Krung Thai Bank, MSIG Insurance, Siam Commercial Bank, Thanachart Bank, Thanachart Insurance, TISCO Bank and Viriyah. Together, the report and database will provide you with the definitive guide to current and future opportunities in consumer automotive financial services in Thailand.

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/176153/consumer-automotive-financial-services-in-thailand.html

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