Securitization Of Credit Assets In The Auto Finance Research

Along with the continues fast growth in our country's national economy and the successive increase in people's income and their living standard, the automobile industry in our country enters into a fast development. Our country's automobile market holds huge potential consumption scale for the reason that our country has entered into WTO, the automobile industry is opening wider to the outside, the competition in the market decreases the automobile pricing, and the consumption environment and financial service of the automobile industry are being improved. Therefore, it is meaningful to carry out the automobile finance. The asset securitization, as one of the important financial technologies, will be an important method in pushing forward the automobile finance combining with the use of automobile consumption credit.Through the reading of massive materials, on the basis of analysis and research on the basic theory of automobile finance and asset securitization, the essay makes an earnest research on the present situation of our country's automobile consumption credit and the trial work in the asset securitization in credit. The essay makes summaries of the past experience and gives its own opinions concerning the selection of the participants in asset securitization in automobile consumption credit, as well as the designing in the asset securitization process. Besides, the essay also points out the barriers occurring in applying of the automobile credit asset securitization at present and pushes forward some political suggestions.