France Automotive Loan Market Share, Trends, Analysis, Opportunity, Size, Demand & Forecast


Expansion of fintech companies, independent leasing companies with digital channels, automotive OEMs, low-interest rates, and the increasing sales of private vehicles are the leading factors driving the France Automotive Loan Market during the projected period. According to TechSci Research report, “France Automotive Loan Market–Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The France automotive loan market is expected to grow faster during the forecast period due to the entrance of many new players in the automotive loan market, such as fintech, independent lending companies with digital channels, and automotive OEMs.

The Important Elements of the France Automotive Loan Market

An individual can take the loan with a classic or long-term rental loan. In France, the Consumer Code has set the maximum car loan amount at 75,000 euros and the total repayment time at 84 months for new car purchases. Therefore, it stands to reason that more people are using automotive loans to finance the purchase of new vehicles, driving the growth of automotive loans in France during the forecast period.

The automotive loan is provided by various financing companies, which helps in buying a vehicle. Generally, the lender lends the money, and the borrower must return the loan in equated monthly installments (EMIs) over a defined tenure, at a specific interest rate. Based on vehicle, there is a segment of two-wheeler loans that helps an individual buy a motorcycle or a scooter and lay it later with EMIs. Passenger car includes hatchback, sedan, SUV, and MPV.

A commercial vehicle loan gives borrowers money to purchase a vehicle for business or commercial use. Commercial vehicles include light, medium, and heavy commercial vehicles. The purchase of this vehicle is usually operated for commercial or industrial purposes and is financed by commercial vehicle loan services. Additionally, the automotive loan is primarily provided through banks, NBFCs (non-banking financial services, OEM (original equipment manufacturer), and others (fintech companies), over a specified tenure and interest rate.

Moreover, the demand for commercial vehicle loans is also rising as businesses and private individuals are using commercial vehicles daily. Since the price of commercial vehicles is high, an automotive loan can be availed to make purchases. Nowadays, the automobile is often a necessary resource to meet daily necessities. It can be challenging to live without a vehicle, whether for transportation to work, dropping off and picking up the kids at school, or going shopping. However, purchasing a car requires a significant contribution, and those with the lowest salaries must cover this cost out of their budget. In various circumstances, it can be beneficial to consider taking an automotive loan to buy a vehicle which is an aspect that is driving the automotive loan market during the forecast years.

The interest rate is the most crucial component of an automotive loan. Since buying a car is an expensive investment, even a 1% difference in interest rates can significantly impact the overall amount of payback. The amount of interest increases with the period of the loan’s repayment period. Therefore, many people make additional repayments on a monthly payback amount when they have enough money to minimize the overall repayment or shorten the repayment time.

Browse over XX market data Figures spread through XX pages and an in-depth TOC on “France Automotive Loan Market

The France automotive loan market is segmented on vehicle type, provider type, percentage of amount sanctioned, tenure, and region.

The market is divided into two-wheeler, passenger cars, and commercial vehicles based on vehicle type. Passenger cars will have a significant share, followed by commercial vehicles during the forecast period.

Furthermore, based on the provider type, the market is segmented into banks, NBFCs (non-banking financial services, OEM (original equipment manufacturers), and others (fintech companies). Based percentage of the amount sanctioned, the market is segmented into less than 25%, 25-50%, 51-75%, and more than 75%. By tenure, the market is segmented into less than 3 years, 3-5 years, and more than 5 years. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North France, South France, and Central France.

Key market players in the France automotive loan market include:

  • Crédit Mutuel Arkéa (Financo)
  • BNP Paribas Personal Finance (Cetelem)
  • Crédit Agricole Group (Sofinco)
  • Societe Generale Group
  • Orange Bank SA
  • BNP Paribas Personal Finance (Cofinoga)
  • Carrefour Banque, SA
  • Toyota France Financement
  • Capitole Finance – Tofinso
  • Cofidis SA


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“With the rising demand for automobile purchases in France, the market for automotive loans is expanding, and the increasing price is encouraging consumers to buy automotive loans to make purchases. The industry is increasing due to a larger population being able to afford automotive loans due to low-interest rates. During the projected period, an increase in demand for automotive loans is anticipated, for both commercial and passenger vehicles, due to changing consumer lifestyles, rising automotive production volume, and growing demand for fuel-efficient cars.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.


France Automotive Loan Market By Vehicle Type [Two-Wheeler, Passenger Car, Commercial Vehicle], By Provider Type [Banks, NBFCs (Non-Banking Financial Services, OEM (Original Equipment Manufacturer), Others (Fintech Companies)], By Percentage of Amount Sanctioned [Less than 25%, 25-50%, 51-75%, More than 75%], By Tenure [ Less than 3 Years, 3-5 Years, More than 5 Years], By Region, By Company, Forecast & Opportunities, 2018-2028Fhas evaluated the future growth potential of the automotive loan in the France market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the France automotive loan market.


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