Thursday, 24 April 2014

Consumer Automotive Financial Services in the Czech Republic

Consumer Automotive Financial Services in the Czech Republic is a new market research publication announced by Reportstack. Consumer Automotive Financial Services in the Czech Republic investigates the market for automotive financial services linked to sales of new and used passenger cars to individual buyers in the Czech Republic. In addition to analysing the market for finance and leasing services, the study also covers creditor insurance, motor insurance, road assistance, extended warranties, prepaid service contracts, GAP insurance, supplementary motor insurance and excess protection 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 the Czech Republic is provided in terms of gross advances and assets leased for 2008 to 2012 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 creditor insurance, motor insurance, road assistance, extended warranties, prepaid service contracts, GAP insurance and supplementary motor insurance are sized in terms of gross written premiums and other revenues sold through the automotive trade (i.e. via dealers and manufacturers) in 2012. These markets, estimated to be worth CZK 5.25 billion in total in 2012, are broken down between new and used cars, and between new contracts sold during 2012 and in-force business sold in previous years but still being renewed in 2012.

The report draws on a survey of 50 leading car dealerships as well as an analysis of the approach to consumer automotive financial services of 33 car manufacturer brands in the Czech Republic. The PartnerBASE™ dataset that accompanies the report details each of the marketing initiatives for consumer automotive financial services traced 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 AXA Assistance, CarGarantie, Česká Pojišťovna, Credium, ČSOB, GE Money, Kooperativa, QBE, ÚAMK and UniCredit. Together, the report and database will provide you with the definitive guide to current and future opportunities in consumer automotive financial services in the Czech Republic.

To view the table of contents and know more details please visit Consumer Automotive Financial Services in the Czech Republic report.

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