CarMoney targets £730m in annual vehicle finance by 2029 through national franchise rollout
CarMoney has announced plans to reach £730m in annual vehicle finance by 2029, driven by its expanding network of independent dealers and franchise partners.
CarMoney has set out a £730 million annual vehicle finance target by 2029 as it scales its dealer-first, tech-enabled model across the UK. The plan reflects growing demand for flexible, transparent vehicle finance and builds on strong momentum in CarMoney’s franchise and dealer networks.
Backed by the Peter Vardy Group, CarMoney connects consumers with real-time finance offers from more than 20 lenders using its proprietary platform and soft search technology.
The company’s approach is centred on supporting independent dealers with tools to improve customer experience and close more finance-led sales.
Recent growth has come from CarMoney’s national franchise model, which recruits experienced automotive professionals to serve local dealer markets.
The latest addition is a team based in Central England, led by Sheffield-based industry veteran Liam Johnson. His four-person team will cover dealers across South Yorkshire and the East Midlands.
“In the current climate, getting finance right is crucial for independent retailers,” said Alastair Grier, CEO of CarMoney. “CarMoney’s platform, technology and lender panel give us the tools to serve dealers properly and help their customers drive away with the right deal.
“We continue to invest in our team and technology to enable us to support dealers and help them grow their businesses. We will bring on board 50 new staff this year to ensure we continue to provide exemplary service.”
CarMoney’s systems are integrated with major digital retail platforms including AutoConvert, Codeweavers and iVendi. The platform supports a range of vehicles, from cars to vans, bikes and motorhomes.
Wendy Taylor, head of franchise at CarMoney, said: “The industry is evolving quickly, and customers expect more transparency, speed and choice. Car finance is no longer an afterthought in the sales process.
“We are seeing high levels of interest from people who want to run their own brokerage business, with the support of a proven brand and national infrastructure.”
Franchisees benefit from exclusive territories, B2B sales support and the ability to build long-term relationships with regional dealers.
