Non-Prime Auto Finance Market Assessment

Client Need : A major investment company was considering acquisition of a non-prime auto finance operation and wanted a comprehensive review of the present marketplace as well as a chronology of auto financing operations, funding and loss experience over the last decade, with particular emphasis on the sub-prime segment.

Solution: BenchMark developed a comprehensive report on the non-prime auto finance marketplace and the ten-year history of sub-prime financing with sections addressing: Market Size and Segmentation, Major Non-Prime Operators, Customer Characteristics, Originations Operations, Credit Quality, Pricing, Loan Characteristics, Loss Management Operations, Technology, Securitization, and Market Trends and Competition.

Results: The report provided the client with information regarding operations and financial results that facilitated their understanding of both the business and the prospective target company. They decided to proceed with the acquisition and plan to engage BenchMark for operational review when they complete the acquisition.