China's Auto Finance Profitable Study

Automobile financing business is fresh in domestic fianacial market. There is a long distance between the supply and the demand of automobile finance service.At present,the service domestic automobile finance company can provide is just simple consumer credit, not the comprehensive service for the purchaser of the car. Recently, the commercial banks play the important role in the automobile finance market still.Then, it is a serious subject that how to innovate the product, reform the unique profit pattern, and enlarge the proportion. So, the thesis researches the history and theexperience of the automobile finance business in developed countries, analyzes the present condition in domestic automobile finance business, inconcludes the primary problem and proposes the relevant suggestions.There are five chapters in this thesis:The first part defines the meaning of the automobile financing, describes the characteristics and the history of the development in the foreign countries, reviews the domestic automobile financing in the course of development.The second part of article describes the basic model profit models and innovative profit models.The third part introduces our country's automobile financing profit models: the bank as the main mode of indirect profit and non-bank financial institutions as the main mode of direct profit.The fourth part contrast profitable domestic and foreign automobile financing mode analysis the deficiencies of the domestic profit model.The end part proposes, the corresponding responses against the front of the inadequate domestic profit model: automobile financing companies and banks to cooperate on the one hand, the other hand to develop a variety of products to satisfy market demand.