The credit disbursed in KSA Car Finance Market is expected to grow to ~SAR 70 Bn by 2026F, driven by entry of women drivers and increasing employment opportunities: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit KSA Car Finance Market is in the growing stage, being driven by banks and NBC’s along with introduction of Fin-Tech companies and online personal loan aggregator platforms. Major entities in the market are Banks and Captives that are 70-80 years old offering variety of financing services. Growth rate of total cars financed is going to increase over the period as financing becomes easier, market penetration rates increase. The Vision 2030 project in KSA has massive plans for the economy in terms of infrastructure and investment which will improve employment figures and increase incomes. Entry of women drivers in the market has led to an increase in the total cars sold and hence the credit disbursed in car finance sector. This trend is expected to continue to 2026. Increase in Private Entities: The Government stake in the Saudi Arabia Car finance market is decreasing, hence the percentage share of government to private might shift to private. Government stake in SNB has gone down from 44.2% in 2016 to 37.2% in 2022. Finance companies are partnering with Banks so they can offer loan more than 33% of customer’s salary. For example- Riyad Bank works with Al Amthal Financing. It is not a sister company, but they have collaborated together. Both share the profits from customers. New Players in the Market and Partnership with Finance Companies: New players entering the KSA Car finance market are Fin-tech companies. Around 38 companies have received approval from the Central Bank and have started garnering database by entering into the market with digital wallets and offering products like BNPL. Also, Finance companies are partnering with Banks so they can offer loan more than 33% of customer’s salary. For example- Riyad Bank works with Al Amthal Financing. It is not a sister company, but they have collaborated together. Both share the profits from customers. Get in front of Prospects through AI: When customers shop for a car, they need information about two things the car itself and how to finance it. A tighter online integration of information gathering for car buying and car financing can help move a consumer to the next stage of the purchasing process. The solution is an interactive online interface embedded with AI. The online experience must extend seamlessly into the dealership – for instance, by giving the customer access to terms and pricing details on their mobile app rather than having to rely on the dealer. Analysts at Ken Research in their latest publication “KSA Car Finance Market Outlook to 2026F- Driven by Women Entering the Market, Increasing Employment Opportunities in the Kingdom” by Ken Research observed that KSA Car Finance Market is in the growing phase. Enhancing Service Offerings, collaborations with partners, expand pipeline with predictive analysis and getting in front of prospects through AI are some of the factors that will contributed to the KSA Car Finance market growth over the period of 2021-2026F. It is expected that KSA Car Finance Market will grow at a CAGR of 11.7% for the above forecasted period. Key Segments Covered in the report:- KSA Car Finance Market By Type of Vehicle Financing New car financing Used car financing By Type of Car Financed Hatchbacks Sedans Sports Utility Vehicle Multi-Purpose Vehicle By Price High (500,000+) Medium (200k-500k) Low (below 200K) To learn more about this report Download a Free Sample Report By Type of Institution Banks NBFC’s Captives By Tenure of Loans <2 years 3-4 years 4-5 years By Major Cities Riyadh Jeddah Dammam Others By Booking Mode Online Offline Key Target Audience Banks and its Subsidiaries NBFCs Captive Finance Companies Government and Institutions Automobile Companies Car Dealers Government and Institutions Existing Car Finance Companies OEM Dealerships New Market Entrants Investors Auto mobile Associations Visit this Link :- Request for custom report Time Period Captured in the Report:- Historical Period: 2017-2021 Base Period: 2021 Forecast Period: 2022-2026F Companies Covered:- Banks Al Rajhi Bank Riyad Bank Al Jazeera Bank Alinma Bank Arab National Bank NBFC’s Al Yusr Leasing and Financing Al Amthal Financing Company National Finance House Tajeer Finance National Finance Company Murabaha Marina Finance Company OEM’s Abdul Latif Jameel United Finance Co. (Toyota Distributor) ALJABR FINANCE (KIA Distributor) Walan finance company (hyundai) Geely Finance (Geely Distributor) Key Topics Covered in the Report:- KSA Automotive Market Overview Ecosystem, Business Cycle and Evolution of KSA Car Finance Market KSA Car Finance Value Chain Analysis Islamic Banking and Car Finance in KSA KSA Car Finance Market by Credit Disbursed, 2017-2021 KSA Car Finance Market by Outstanding loans, 2017-2021 KSA Car Finance Market Segmentation, 2021 SWOT Analysis of KSA Car Finance Industry Infrastructure Development Overview of KSA Trends and Developments in KSA Car Finance Industry Operational Strategies for KSA Car Finance Services Market Issues and Challenges in KSA Car Finance Industry Government Policies and Initiatives for Automotive Industry Growth Drivers of KSA Car Finance Market KSA Car Finance Market Competition Overview Cross Comparison of Major Players in KSA Car Finance Market Strengths and Weakness of Major Players in KSA Car finance market Future Outlook and Market Projections, 2026F Case Study on Al Rajhi Bank Growth strategies for KSA Car Finance Market For more insights on the market intelligence, refer to below link:- KSA Car Finance Market Related Reports by Ken Research:- Malaysia Automotive Finance Market Outlook to 2026-Driven by exorbitant car prices, growing digital penetration, preference for owning passenger cars amidst systematically regulated car ownership policies by the Government Qatar Auto Finance Market Outlook to 2026F– Driven by Increasing Vehicle Prices and Low-Interest Rate In The Country Philippines Auto Finance Market Outlook to 2026- Driven by change in consumer spending, ease in provision of loans, improving technology and government support Follow Us – LinkedIn | Instagram | Facebook | Twitter Post Views: 7 Tags: Al Jazeera Bank Car Loan Market Revenue, Al Rajhi Bank Car Finance Market, Alinma Bank Revenue form Car Finance, Arab National Car Finance Market, Auto Finance Ticket Size Saudi Arabia, Auto Loan Growth Saudi Arabia, Auto Loan NPAs in Saudi Arabia, Auto Loan Portfolio Saudi Arabia, Automotive Finance Companies in Saudi Arabia, Business Vehicle Loans Market KSA, Captive Car Finance Companies in KSA, Car Finance Start-ups in SAudi Arabia, Car Financing Companies in Saudi Arabia, Car Loan Disbursed Saudi Arabia, Car Loan Outstanding Saudi Arabia, Car Loan Vendors in Saudi Arabia, Car Loans in Saudi Arabia, Car Loans Services Providers in KSA, Car mobile OEMs Finance Companies KSA, Carmotive Finance Market KSA, Cars Parcs in Malaysia, Challenges in Growth of Car Finance KSA, Challenges in KSA Car Finance Industry, Commercial Vehicles Loan Providers in KSA, Competitors in KSA Car Finance Market, Credit Disbursed In KSA Auto Finance Market, Dammam Car Finance Market, e-platform players KSA Auto Finance Market, Emerging Players in Car Finance Market KSA, Funds Raised Startups Car Loan Saudi Arabia, Green Car Loans Providers in KSA, Investment Auto Finance Saudi Arabia, Investors in KSA Car Finance Market, Jeddah Car Finance Market, KSA Car Finance Industry, KSA Car Finance Market, KSA Car Finance Sector, KSA Commercial Vehicle (CV) loans Market, KSA Vehicle Financing and Leasing Industry, Leading Players in KSA Car Finance Market, Major Car Brands in the KSA Automotive Market, Major Car Finance Lending Bank KSA, Major Car Financial Institutions in KSA, major players in KSA Car Finance Sector, Major Vehicle Loan Providers in KSA, Multi-Purpose Vehicle Finacing in KSA, NBFC in KSA Car Finance Market, New car financing Companies KSA, New Market Entrants in KSA Car Finance Market, Number of Car Financed in Saudi Arabia, Number of cars financed in KSA, Number of Existing Car Finance Companies in KSA, Number of Finance Aggregators in KSA, Private Car Finance Players in KSA, Riyad bank Car Leasing Market Share, Riyadh Car Finance Market, Saudi Arabia Car Finance Industry, Saudi Arabia Car Finance Market, Saudi Arabia Car Finance Services providers, Saudi Arabia Vehicle Financing Companies, Saudi Car Finance Company Share, second hand car finance in KSA, Sedans Finacing in KSA, Sports Utility Vehicle Finacing in KSA, Top Car Finance Companies in Saudi Arabia, Used car financing Companies in KSA, Used Vehicle Financed Saudi Arabia, Used Vehicles financing Companies in KSA, Vehicle Finance Market in KSA, Vehicle Loan Interest Rate Saudi Arabia, السعودية ، الشركات الرائدة في سوق, السعودية ، العلامات التجارية الكبرى, السعودية ، سوق قروض المركبات التجارية في المملكة العربية, السعودية ، صناعة تمويل وتأجير, السيارات في المملكة العربية, العربية السعودية ، بنك إقراض تمويل السيارات الرئيسي في, العربية السعودية ، قطاع تمويل, تمويل السيارات في المملكة العربية, سوق تمويل السيارات في المملكة, للسيارات في سوق السيارات في المملكة