Automotive financial services

Financing and leasing products as well as mobility services are an integral part of the car-buying process. For the automotive industry, they are not only a significant sales factor, but also an important cornerstone for the profitability of manufacturers and dealers.

Some 75% of new passenger car registrations in Germany are the result of leasing or financing models—and the trend is continuing. With a market share of over two-thirds, the manufacturers' own automotive banks and leasing companies are the most important drivers of sales for carmakers and a central flywheel for the key economic segment of "mobility" in Germany. According to current calculations, the value contribution generated by leasing, financing, insurance, and other car-related financial services in the automotive value chain is over 30%.

Mobility services are also experiencing a strong rise in demand. These include automotive-related services offered by automotive banks in addition to financing and leasing, such as vehicle insurance, warranty and repair insurance, or maintenance services.

The VDA deals with current issues and challenges in the area of manufacturer-based finance, leasing, and mobility services.