Used car ** business execution difficult

It is not a new thing to buy a car with a loan. However, for a long period of time, loans for buying a car are mainly new car business, and rarely involve a used car loan business. Although the second-hand car loan business was proposed as early as 2003, no substantial progress has been made in the past decade. In the used car industry, there is also a problem of “ineffective enforcement”. Why second-hand car loan business slogans in the market, implementation difficult.

According to relevant surveys, 10% of people buying new cars are willing to make loans, while 40% of people buying used cars need loans. Many of these people are small and medium-sized business operators and entrepreneurs who need a lot of money to To maintain the operation of the company and have certain requirements for the grade of the car, the used car loan business is to spend less money to buy a certain grade of car to meet their needs, from which one can see that the second-hand car loan business is huge market.

There is a market for demand for used car loans, and there is a market for prospects, but why is it still difficult to implement the ten years? The senior manager of the second-hand car marketing department of Zhuo Jiexing said that in recent years, the demand for second-hand car loans will increase. Although it continues to increase, major used car markets and used car companies have always been concerned and valued. However, there are still few used car companies to carry out this business. Funds are indeed very important for entrepreneurs. The same time that funds are transferred is very important for used car companies. Loan car purchases will cause second-hand car dealers to take certain financial risks, so second-hand car companies are still waiting for the business. Even companies that carry out this business have strict requirements on application qualifications, car selection criteria, down payment limits, and repayment dates, which limit many practical needs.

In view of the difficulty in implementing second-hand car loan business, the senior manager of the second-hand car marketing department of Zhuo Jiexing has recommended the introduction of cooperation from financial institutions in the used car industry, aiming at some small and medium-sized enterprises and self-employed operators to try their own business. SMEs use financial assets to assess the value of their assets and business operations, use assets as collateral to apply for loans from financial institutions, and apply for loans to used car companies. From the point of view of capital operation, we will give full play to the market-oriented competition, and use the second-hand car loan business as a node, and strive to open up the flow of funds in the financial market, the used car trading market, and the free economic market of SMEs.