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. 2020 Jan 13;22(1):95. doi: 10.3390/e22010095

Table 3.

Comparative analysis of online auto dealer platforms.

Platform(s) Type Business Models and Policies Income
BCautoSCF Financing Platform (2B)

  1. It aims to provide cross-industries SCF services to secondary dealers, banks, logistic, and auto sources. It also performs the fourth-party supervision on the auto dealing ecology.

  2. It is a professional SCF, and provides in-built auto supply chain service.

 Service fee from users
www.chexiang.com Primary
Dealer (2C)

  1. It aims to provide service to direct consumers, and establishes an online daily life service platform, and produces profit from the auto aftermarket. It is a typical O2O electronic commercial platform.

  2. It is an equipped supply chain management, but no SCF service is available.

 Profit from Auto aftermarket
www.yiautos.com
www.chezhency.com 		Secondary
Dealer (2C)

  1. It focuses on the auto markets of small cities in China, by using the supply chain and advertising, builds several auto chain supermarkets.

  2. It purchases best-seller models from auto OEMs, and also receives stock cars from 4S stores.

  3. It is positioned between primary dealer and secondary dealer

  1. Price disparities

  2. Loan interest

  3. Profit of Insurance Finance

  4. Profit from Auto aftermarket
www.niuniuqiche.com
www.chehang168.com 		SCF (2B)

  1. It aims to provide SCF service to secondary dealers, which are always dispersed and lack funding.

  2. Only provides SCF service, not includes SC

  1. Profit of SCF

  2. Price disparities of funding
www.tangeche.com
www.maodou.com 		Consumer
Finance (2C)

  1. It lowers the threshold for potential consumer by providing consumer-financing service.

  2. It runs a sold on a rent basis, which attracts online potential consumers to offline delivery.

  3. Finance lease product is not so welcome in small cities in China.

  4. It usually gets from finance lease cooperation and dealers, and also receives some unsalable models from auto OMEs.

  5. No SCF service, neither supply chain management.

  1. Price disparities

  2. Profit of consumer finance

  3. Sold on a rent basis