CarMoney NI launches to service Northern Ireland dealers
CarMoney NI has been launched to provide dealerships in the region with a new source of car financing.
Supported by CarMoney sales manager Gary Cuthbertson, CarMoney NI is run by husband-and-wife team Lyndsey and Richard Kerr and covers the whole of Northern Ireland.
With access to a panel of more than 20 lenders covering customers with a wide range of credit profiles, the Belfast-based business, and is already working with more than 100 dealer partners.
Lyndsey Kerr said: “Car sales have changed a lot since the pandemic, with much more of the process now taking place online. Technology has made things faster, but dealers still want someone they know on the other end of the phone. That is where we come in.
“We can deal with proposals, payouts and lenders, leaving the dealer to concentrate on the customer and selling the car.”
Richard Kerr added: “Every dealership is different, so there isn’t one way of working that suits everyone. Some dealers want us to handle most of the financing process, while others only need help at specific points. We have had a strong response so far. Dealers are sending us more proposals and using us to fund higher-value cars, which shows that trust is building.”
Wendy Taylor, franchise director at CarMoney, concluded: “Lyndsey and Richard know the Northern Ireland motor trade and understand the pressures dealers face every day. Lyndsey also knows CarMoney from the inside. She understands our systems, our lenders and how we work with dealers, while Richard brings many years of experience from the showroom.
“We want our franchise partners to combine CarMoney’s technology and lender relationships with good local service. Dealers in Northern Ireland now have a team on the ground that understands their market and can support them throughout the finance process.”
