In this article, the analysis methods for vehicle handling performance are studied. Using simple models, dynamic characteristic parameters such as yaw, natural frequency, and the damping coefficient of a vehicle can be theoretically formulated. Here, the vehicle is simplified by a bicycle (single-track) model, and the tire is modeled by an equivalent cornering stiffness and first order lag. From the experimental road data, the tire model parameters (equivalent cornering stiffness and time lag constant) are extracted. These parameters are then inserted into the theoretically formulated equations of dynamic characteristic parameters. For the purpose of validating the efficiency of the suggested methods, experimental road tests (where the cars have different handling performances) are performed. The results show that vehicle handling performance can be sufficiently represented by the suggested dynamic characteristic parameters. So, it is concluded that the proposed method has practical use for the development of new cars or for the comparison of similar cars since the evaluations of the vehicle handling performance can be efficiently determined by the suggested dynamic characteristic parameters.