Cruise control: Favorable economic conditions will further drive demand for industry services

Over the five years to 2017, the Auto Leasing, Loans and Sales Financing industry in Texas has exhibited health growth, as demand for auto financing and leasing has increased. Texans have fared with greater disposable income during the five-year period, especially as average wages have started to increase in the state. Moreover, interest rates have remained near historical lows over much of the past five years, stimulating economic growth and providing borrowers with less expensive access to capital. Over the five years to 2022, the industry is anticipated to continued growing, as demand for auto loans and leases continues to rise...read more.

Industry Statistics & Market Size
Revenue
$15bn
Annual Growth 12-17
2.4%
Forecast Growth 17-22
Profit
Employment
15,938
Businesses
539
What Our Customers Say

Industry Threats & Opportunities

  • The industry has exhibited healthy growth, as demand for auto financing and leasing has increased
  • Consumers hesitate to lease or finance automobiles when the economy performs poorly
  • The Federal Reserve is projected to continue increasing the federal funds rate to offset rising inflation
  • Industry Report - Industry Key Buyers Chapter

    Among the estimated 422 operators in the Auto Leasing, Loans and Sales Financing industry in Texas, the top four players account for less than 30.0% of industry revenue, signaling a low level of concentration. The vast majority of operators have fewer than 20 employees and service narrow geographic regions of Texas, preventing them from amassing a considerable share of revenue. In fact, slightly more than one-third of operators are nonemployers. As a result, competition in the industry has been strong over the five years to 2017, compounded by external competition from commercial banks, savings institutions and other depository credit intermediaries...purchase to read more.

    Additional Insights for the Auto Leasing, Loans & Sales Financing in Texas Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Auto Leasing, Loans & Sales Financing in Texas Industry are

  • Output is sold under contract - incorporate long-term sales contracts
  • Well-developed internal processes
  • Financial position of the company (as against financial structure)
  • IBISWorld analysts also discuss how external factors such as Access to Credit in Texas and Number of adults aged 20 to 64 in Texas in the Auto Leasing, Loans & Sales Financing in Texas industry impact industry performance..

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    What is the Auto Leasing, Loans & Sales Financing in Texas Industry?

    This industry includes companies that provide sales financing or sales financing in combination with leasing in Texas. Sales financing operators are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual-installment sales agreement, either directly from or through arrangements with dealers. Industry participants generate revenue through the interest and fees that are included in the installment payments of borrowers.

    Industry Products
  • Income from leasing to financial and nonfinancial business
  • Sales financing
  • New and used vehicle leasing
  • New and used vehicle loans
  • Finance leases
  • Industry Activities
  • Sales financing
  • Leasing in combination with sales financing
  • Similar Industries
  • Auto Leasing, Loans & Sales Financing
  • Car Rental
  • Truck Rental
  • Consumer Electronics & Appliances Rental
  • Heavy Equipment Rental
  • Computer & Printer Leasing
  • Industrial Equipment Rental & Leasing
  • Auto Leasing, Loans & Sales Financing in California
  • Real Estate Loans & Collateralized Debt in California
  • Auto Leasing, Loans & Sales Financing in New York
  • Real Estate Loans & Collateralized Debt in New York
  • Auto Leasing, Loans & Sales Financing in Illinois
  • Real Estate Loans & Collateralized Debt in Illinois
  • Real Estate Loans & Collateralized Debt in Texas
  • Auto Leasing, Loans & Sales Financing in Florida
  • Real Estate Loans & Collateralized Debt in Florida
  • Auto Leasing, Loans & Sales Financing in Massachusetts
  • Real Estate Loans & Collateralized Debt in Massachusetts
  • Auto Leasing, Loans & Sales Financing in Ohio
  • Real Estate Loans & Collateralized Debt in Ohio
  • Auto Leasing, Loans & Sales Financing in Pennsylvania
  • Real Estate Loans & Collateralized Debt in Pennsylvania
  • Auto Leasing, Loans & Sales Financing in New Jersey
  • Real Estate Loans & Collateralized Debt in New Jersey
  • Auto Leasing, Loans & Sales Financing in Georgia
  • Real Estate Loans & Collateralized Debt in Georgia
  • Auto Leasing, Loans & Sales Financing in Michigan
  • Real Estate Loans & Collateralized Debt in Michigan
  • Auto Leasing, Loans & Sales Financing in Wisconsin
  • Real Estate Loans & Collateralized Debt in Wisconsin
  • Auto Leasing, Loans & Sales Financing in Washington
  • Real Estate Loans & Collateralized Debt in Washington
  • Real Estate Loans & Collateralized Debt in Virginia
  • Auto Leasing, Loans & Sales Financing in Tennessee
  • Real Estate Loans & Collateralized Debt in Tennessee
  • Real Estate Loans & Collateralized Debt in Missouri
  • Auto Leasing, Loans & Sales Financing in North Carolina
  • Real Estate Loans & Collateralized Debt in North Carolina
  • Auto Leasing, Loans & Sales Financing in Minnesota
  • Real Estate Loans & Collateralized Debt in Minnesota
  • Auto Leasing, Loans & Sales Financing in Maryland
  • Real Estate Loans & Collateralized Debt in Maryland
  • Auto Leasing, Loans & Sales Financing in Colorado
  • Real Estate Loans & Collateralized Debt in Colorado
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Access to Credit in Texas
  • Number of adults aged 20 to 64 in Texas
  • Per capita disposable income in Texas
  • Yield on 10-year Treasury note

  • Current Performance
  • Interest rates rebound
  • Improving economic conditions
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Interest rates
  • Demographic changes
  • Industry landscape
  • Table: Auto Leasing, Loans & Sales Financing in Texas Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Auto Leasing, Loans & Sales Financing in Texas Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Mining
  • Construction
  • New Car Dealers
  • Used Car Dealers
  • Consumers

  • Key Selling Industries
  • Open-End Investment Funds
  • Portfolio Management
  • Retirement & Pension Plans

  • Products & Services
  • New and used vehicle loans
  • New and used vehicle leasing
  • Finance leases
  • Other
  • Income from leasing to financial and nonfinancial business
  • Sales financing
  • Chart: Auto Leasing, Loans & Sales Financing in Texas Industry Products and Services Segmentation

  • Major Markets
  • Households
  • Financial Services
  • Automotive
  • Businesses
  • Chart: Major Market Segmentation for the Auto Leasing, Loans & Sales Financing in Texas Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Depreciation
  • Purchases
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Auto Leasing, Loans & Sales Financing in Texas

  • Basis of Competition
  • Automotive financing
  • Securitization vehicles

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Auto Leasing, Loans & Sales Financing in Texas Industry

  • General Motors Financial Company Inc.Santander Consumer USA Inc.Toyota Financial Services CorporationCapital One Financial Corporation
  • Table: General Motors Financial Company Inc. - financial performance
  • Table: Santander Consumer USA Inc. - financial performance
  • Table: Toyota Financial Services Corporation - financial performance
  • Table: Capital One Financial Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Auto Leasing, Loans & Sales Financing in Texas Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Auto Leasing, Loans & Sales Financing in Texas Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • New Car Sales (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Federal Funds Rate
  • The interest rate at which depository institutions may borrow reserves from one another.
  • Lien Notation
  • A type of security interest granted over an item of property to secure payment of a debt.
  • Loan Loss Provision
  • An amount set aside as an allowance for bad debts (i.e. debts where the customer defaults or where the terms of the loan need to be renegotiated).
  • Why buy this report?

    The Auto Leasing, Loans & Sales Financing in Texas industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Auto Leasing, Loans & Sales Financing in Texas:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Auto Leasing, Loans & Sales Financing in Texas market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Auto Leasing, Loans & Sales Financing in Texas, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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