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The Peter Vardy Group has launched CarMoney in Perth, Western Australia.
CarMoney is a software-based UK motor finance brokerage business that simplifies the car financing process for buyers.
He claims to have overseen the funding of nearly 20,000 vehicles and raised £1.2 billion.
The company works with around 700 established car dealers and car sales platforms, including Auto Trader, Motors.co.uk, Gumtree, Experian and Codeweavers.
Former Vardy employee Stuart Mackay will become chief executive of the Australian operations.
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 managing director of franchising and international growth, Robert Lujan, said, “The Australian market is quite traditional when it comes to securing financing, so we believe CarMoney is perfectly positioned to shake up the market; provide a simplified and consistent financing journey for customers seeking mobility solutions.”
Peter Vardy, CEO of the eponymous group said: “It is very exciting for us to make our first steps overseas in Perth, Western Australia, not least because in Perth, Scotland, we opened our first dealership back in 2006.”
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