Car Finance Market to Witness Robust Expansion by 2030

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%.
Car finance is basically provided by Financing firms or specialist vehicle producers. It includes a variety of financial products, such as loans and leases that enable customers to purchase a vehicle.