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Evolution Funding and Codeweavers announce partnership

Evolution Funding and Codeweavers partnership

Evolution Funding has partnered with Codeweavers to help dealers deliver a ‘more streamlined’ finance journey to customers.

Dealers can access Evolution’s full finance product suite through their Codeweavers portal, as well as manage finance applications right through to e-Sign.

For car buyers, the integration facilitates both online and in-showroom applications and customers can expect a ‘smoother’ experience as they shop for vehicle finance, said Evolution Funding.

Paul Hibbert, strategic relationships director at Evolution Funding, said: “We are always looking to strengthen our proposition when it comes to improving our dealer partners’ digital presence. As such, we are delighted to have completed this integration with Codeweavers.

“Our finance products and technology combined with their market leading web and Showroom System platform will make it easier for our mutual dealer partners to transact, whilst delivering an optimised end-to-end digital journey for their customers. We look forward to working closely with Codeweavers to build out further enhancements.”

Online car retail, stock acquisition, reputation management and consumer finance were among the themes explored by speakers at AM Live 2021, watch the seminars now

A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on personal contract purchase (PCP). 

Alan Cooper, head of affiliation and partnerships at Codeweavers, added: “With Evolution’s broad customer base and position in the market, this integration enables a vast number of mutual customers to benefit from improved functionality and efficiencies within our platform.

“We are delighted to have partnered with Evolution and we are excited to see what additional gains the partnership can generate.”

Peter Vardy Group’s CarMoney motor finance business has moved into 9,000 square feet of new office space as it plans to boost staff numbers this year. 

The latest AM industry special issue

The complexity of running a modern dealership can be misunderstood easily by people looking in on our industry.

Any general manager has so many plates to spin, and they must foster a talented team that they can rely on to not just do the basics well, but to sprinkle some magic on top that customers can notice.

If the marketplace in 2023 is steadily returning to relative normality, this normality now includes the drive to find customers for an increasing supply of electric vehicles, and the need to source used cars from all channels and market them carefully. And of course there are the desires to delight consumers with an omnichannel experience and to hold on to decent margins after a couple of years of strong profitability.

The expectations of both the customer and the business’s stakeholder must be achieved to the optimum level.

In this special digital publication, industry experts, prominent suppliers and franchised dealers share their insights on the major aspects required in running a modern dealership well.

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Click here for finance and insurance best practice and procurement insight

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