According to an article by CarDealer Magazine, AUTO Trader has extended its partnership with Codeweavers to power dealer finance calculators on both Auto Trader and Auto Trader dealer websites.
Codeweavers’ technology platform currently drives Auto Trader’s finance solution on its marketplace and was integral in the development of the finance calculator function launched in May. Codeweavers will also power dealer finance on Auto Trader dealer websites.
The move will see dealers operating an Auto Trader dealer website benefit from the online marketplace’s complete finance solution. In addition to a general finance inquiry page, dealers with finance on their website will have a finance calculator with hire purchase and personal contract purchase examples in their eligible vehicle adverts.
Dealers will also be able to submit finance applications directly to their nominated finance provider, selected from Codeweavers’ extensive list of lenders, which includes MotoNovo, Close Brothers Motor Finance, Black Horse, Barclays Partner Finance and Santander Consumer Finance.
Existing Auto Trader dealer website customers are being contacted by the Codeweavers team to complete the set-up of their finance offers.