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The Relationship Research Between Taiwan Used Car Industry Development Trend and Car Financing Company.
Used Car Industry,Car Financing Company,
|Publication Year :||2017|
Nowadays, the transaction volume of used cars is much larger than new cars. However, all the information in the process of trading the used cars is relatively opaque, such as conditions, prices of cars and so on.
All the elements above put consumers into a disadvantageous position and lead to many consumer disputes. Although the development of used cars is prosperous, the trading system is still lacking transparency, which is a strange phoneme in progressive societies.
The vertical integration strategy that the automotive factories use to increase the sales volume of new cars also promotes the brand value of their used cars. Moreover, the used cars industry generates an enormous value chain, which intrigues the automotive factories in Taiwan to start putting more effort into the used cars industry and integrate the upstream and downstream of it vertically.
Each automotive factory belongs to an automobile financing company, which is dedicated to managing the industrial value chain more efficiently and clearly. Starting from the transaction, the source of the cars , loans, insurance, the certification from the reliable third-party, vehicle maintainability and so on are all covered by the customized platform for the customer. Customers can resell their cars through online and below-the-line services. With great improvement of transparency and fairness through the transaction period, transaction disputes will also be reduced at the same time.
Due to the problem of information asymmetry being solved, customers are now more willing to buy used cars for higher prices, which gives more opportunities and leads the used cars industry to a broader path.
According to the various needs of customers, automobile financing companies combine the upstream and downstream of the value chain in the used vehicle industry to solve the shortage in the used vehicle market. Allowing financing companies related to the automobile companies sufficient space for development and making profit.
Due to the experiences of the relevant used vehicle industry integration. I believe the used vehicle industry in Taiwan should have great room for development and have the advantage of being the pioneer for mainland China in the future.
|Appears in Collections:||事業經營碩士在職學位學程|
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