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Peter Vardy Group has launched CarMoney in Perth, Western Australia.
CarMoney is a software based UK motor finance broker business that simplifies the car financing process for buyers.
It claims to have has overseen the funding of nearly 20,000 vehicles and secured £1.2bn.
The company works with around 700 car dealerships and established car sales platforms, including Auto Trader, Motors.co.uk, Gumtree, Experian, and Codeweavers.
Ex-Vardy employee, Stuart Mackay, will be chief executive of the Australian operation.
CarMoney Oceania Pty is currently building its team, aiming to have up to fifteen members by the end of 2023 and twenty by the end of the following year.
CarMoney’s managing director of franchising and international growth, Robert Lujan, said, “The Australian market is quite traditional in terms of securing financing, so we believe CarMoney is perfectly positioned to shake up the market; providing a simplified and consistent financing journey for customers looking for mobility solutions.”
Peter Vardy, CEO of the eponymous group said: “It is very exciting for us to be making our first step overseas in Perth, Western Australia, not least because it was in Perth, Scotland, that we opened our first dealership in 2006.”