Global Car Finance Market Is Expected to Reach $3.60 Trillion by 2028

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PRESS RELEASE

Published April 8, 2023

Market Overview:

The car Finance Market was valued at USD 1.60 trillion in 2021 and is expected to reach USD 3.60 trillion by the year 2028, at a CAGR of 12.3%.

Finance companies or specialized auto manufacturers are generally the ones who offer car financing. It contains a range of financial products that allow customers to buy cars, like loans and leases. The primary distributors of auto finance products and services include original…

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