The impact of consumer preference factors on people willingness towards vehicle leasing program

Vehicle leasing program is very common in the western countries, but the Malaysia vehicle leasing market was underdeveloped and few of the MNC companies has failed to penetrate the market. Majority of the population own a vehicle by obtaining loan from financial institution and make monthly payment....

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Main Author: Pan, Ying Qian
Format: Final Year Project / Dissertation / Thesis
Published: 2022
Subjects:
Online Access:http://eprints.utar.edu.my/5075/
http://eprints.utar.edu.my/5075/1/Completed_Research_Project_Pan_Ying_Qian.pdf
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author Pan, Ying Qian
author_facet Pan, Ying Qian
author_sort Pan, Ying Qian
building UTAR Institutional Repository
collection Online Access
description Vehicle leasing program is very common in the western countries, but the Malaysia vehicle leasing market was underdeveloped and few of the MNC companies has failed to penetrate the market. Majority of the population own a vehicle by obtaining loan from financial institution and make monthly payment. Malaysia public transport infrastructure was underdeveloped, this has made vehicle to become an essential need in daily life. Hence, this research studies on the vehicle leasing program that is available in the country and analyses the consumer preference factors that affect people willingness in vehicle leasing. The independent variables were as convenience, ownership, cost, and flexibility; the dependent variable was people willingness towards vehicle leasing. A questionnaire was distributed to collect the feedback of the people. In total 257 responses were collected, the data was analysed by descriptive statistics, Pearson correlation coefficient and multiple linear regression analysis. The results shown that there is a positive relationship in between independent variables and dependent variable, except for vehicle ownership, no significant relationship is identified. To make individual willing to lease a vehicle, the leasing providers should take the three deciding elements into consideration, which are convenience, cost, and flexibility.
first_indexed 2025-11-15T19:36:38Z
format Final Year Project / Dissertation / Thesis
id utar-5075
institution Universiti Tunku Abdul Rahman
institution_category Local University
last_indexed 2025-11-15T19:36:38Z
publishDate 2022
recordtype eprints
repository_type Digital Repository
spelling utar-50752023-01-17T17:35:52Z The impact of consumer preference factors on people willingness towards vehicle leasing program Pan, Ying Qian HF Commerce Vehicle leasing program is very common in the western countries, but the Malaysia vehicle leasing market was underdeveloped and few of the MNC companies has failed to penetrate the market. Majority of the population own a vehicle by obtaining loan from financial institution and make monthly payment. Malaysia public transport infrastructure was underdeveloped, this has made vehicle to become an essential need in daily life. Hence, this research studies on the vehicle leasing program that is available in the country and analyses the consumer preference factors that affect people willingness in vehicle leasing. The independent variables were as convenience, ownership, cost, and flexibility; the dependent variable was people willingness towards vehicle leasing. A questionnaire was distributed to collect the feedback of the people. In total 257 responses were collected, the data was analysed by descriptive statistics, Pearson correlation coefficient and multiple linear regression analysis. The results shown that there is a positive relationship in between independent variables and dependent variable, except for vehicle ownership, no significant relationship is identified. To make individual willing to lease a vehicle, the leasing providers should take the three deciding elements into consideration, which are convenience, cost, and flexibility. 2022 Final Year Project / Dissertation / Thesis NonPeerReviewed application/pdf http://eprints.utar.edu.my/5075/1/Completed_Research_Project_Pan_Ying_Qian.pdf Pan, Ying Qian (2022) The impact of consumer preference factors on people willingness towards vehicle leasing program. Master dissertation/thesis, UTAR. http://eprints.utar.edu.my/5075/
spellingShingle HF Commerce
Pan, Ying Qian
The impact of consumer preference factors on people willingness towards vehicle leasing program
title The impact of consumer preference factors on people willingness towards vehicle leasing program
title_full The impact of consumer preference factors on people willingness towards vehicle leasing program
title_fullStr The impact of consumer preference factors on people willingness towards vehicle leasing program
title_full_unstemmed The impact of consumer preference factors on people willingness towards vehicle leasing program
title_short The impact of consumer preference factors on people willingness towards vehicle leasing program
title_sort impact of consumer preference factors on people willingness towards vehicle leasing program
topic HF Commerce
url http://eprints.utar.edu.my/5075/
http://eprints.utar.edu.my/5075/1/Completed_Research_Project_Pan_Ying_Qian.pdf