In the ever-evolving landscape of the automotive industry, staying ahead of the curve is essential for success.
CarMoney, a trailblazer in the world of car finance, has been a long-standing partner with mtc since 2016. As the industry undergoes significant changes, CarMoney has seized the opportunity to invest in cutting-edge technology, embarking on a transformative journey with mtc's brand-new Automotive platform, Autonomy.
A Dynamic Partnership:
The collaboration between CarMoney and mtc has been nothing short of dynamic, with a relationship spanning back to 2016. This enduring partnership has weathered industry shifts and technological advancements, culminating in a decision to embrace the future with Autonomy, mtc's latest automotive product that powers the CarMoney stock feed of over 150,000 vehicles for sale.
Recognising the need for a strategic shift, CarMoney decided to invest in a new stock site using Autonomy.
The Need for Change:
Recognizing the need for a strategic shift, CarMoney decided to invest in a new stock site using Autonomy. The decision stemmed from a realisation that legacy technologies often come with maintenance overhead and API connection limitations. By choosing Autonomy, CarMoney aimed to harness the best technological advancements in the sector, ensuring seamless connectivity with dealer partners and providing customers with an unparalleled experience.
Embracing Autonomy's Potential:
CarMoney's use cases for Autonomy go beyond the conventional dealership customer scenarios. Despite the unique challenges and requirements, mtc was able to seamlessly integrate CarMoney's vision into the Autonomy platform during the build process. This adaptability showcases the flexibility and sophistication of Autonomy, making it a versatile solution for diverse business needs within the automotive industry. The solution also included a full finance integration with Codeweavers which was already part of the 50+ pre-built integrations Autonomy has within its solution.
Car Money's journey with MTC and the adoption of Autonomy underscore the importance of embracing innovation in the automotive sector.
The Power of Seamless Implementation:
One of the standout features of CarMoney's experience with Autonomy was the seamless implementation of the Car Money team's unique scope. mtc not only understood CarMoney's specific requirements but also successfully translated them into the functionality of the Autonomy platform. This highlights mtc's commitment to delivering tailored solutions that align with the distinct needs of their clients.
Looking Ahead to 2024 and Beyond:
With the new site powered by Autonomy in place, Car Money is poised to propel its business forward in 2024 and beyond with Australia and USA expansion plans.
Car Money's journey with mtc and the adoption of Autonomy underscore the importance of embracing innovation in the automotive sector. As the industry continues to evolve, partnerships like the one between Car Money and mtc exemplify how staying ahead of technological trends can be a driving force for success. The collaboration serves as an inspiring testament to the transformative power of cutting-edge platforms like Autonomy in shaping the future of car finance and beyond.
Quote from Andrew Marshall at CarMoney
“CarMoney has been working successfully with mtc since 2016, and with many changes happening within the industry, now was the time to invest in a new stock site using their brand-new platform, Autonomy.
With many legacy technologies coming with a maintenance overhead or API connection limitations, we chose to launch with Autonomy so that we can take advantage of the best tech from across the sector, connect easily with our dealer partners, and give our customers the best experience possible.
CarMoney has different use cases from the typical dealership customer for Autonomy, but mtc was able to take our scope and implement it seamlessly during the build process.
We can’t wait to see how this new site helps propel our business forward during 2024 and beyond!”
Andrew Marshall - CarMoney Head of Marketing, Partnerships and Propositions.