Research and Markets: Consumer Automotive Financial Services in Hungary

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/nds84x/consumer) has announced the addition of the "Consumer Automotive Financial Services in Hungary" report to their offering.

The report investigates the market for automotive financial services linked to sales of new and used passenger cars to individual buyers in Hungary. 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 and vehicle contents 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 Hungary 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, road assistance, extended warranties, prepaid service contracts and GAP 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 HUF 10.97 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 40 leading car dealerships as well as an analysis of the approach to consumer automotive financial services of 33 car manufacturer brands in Hungary. 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.

Companies Mentioned

- Budapest Bank

- CarGarantie

- CIB

- Europ Assistance

- Generali

- Lombard

- Magyar Autóklub

- Merkantil Bank

- QBE

- Real Garant

For more information visit http://www.researchandmarkets.com/research/nds84x/consumer

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services, Auto Finance

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services, Auto Finance