trade vet 697 Posted July 15, 2023 1 hour ago, petrol head said: Good point Mate. I think with both Cazoo and Cinch, the latter to a lesser degree it’s about the sizzle and not the steak. It will baffles me that people were hooked winked into thinking Cazoo was worth 10 times the value of Jardine Motor Group, or Marshall’s for that matter. They did nothing an ordinary dealer could do 50 years ago, save for buying on line. The exchange program etc is law when it’s a distance sale. Now they have launched Cazoo wholesale and are established dealers going to deal with them? I think so as they still deal with BCA! Didn’t know about Cazoo wholesale.It must have cost them a billion to find out that there is more money in charging auction buyers fees than retailing . 1 Share this post Link to post Share on other sites
It's me 610 Posted July 15, 2023 Well I've looked at the holesale and have to ask in my best Alfie voice What have they got then that manheim havent, and it seems they are younger than manheim So whats it all about............ Enter cilla black and the dog.... 1966 1 Share this post Link to post Share on other sites
petrol head 46 Posted July 18, 2023 Long, but interesting read: https://sifted.eu/articles/cazoo-debt-burden-layoffs 1 Share this post Link to post Share on other sites
It's me 610 Posted July 18, 2023 2 hours ago, petrol head said: Long, but interesting read: https://sifted.eu/articles/cazoo-debt-burden-layoffs I like the bit where its suggested a certain person did ok Haven't had time to read it all yet but thanks for the link Share this post Link to post Share on other sites
petrol head 46 Posted August 24, 2023 $0.99 as we speak. Isn’t that then delisted if they stay there at close? Share this post Link to post Share on other sites
It's me 610 Posted August 24, 2023 1 hour ago, petrol head said: $0.99 as we speak. Isn’t that then delisted if they stay there at close? Is it a blip? Sorry been away Share this post Link to post Share on other sites
trade vet 697 Posted November 15, 2023 Cazoo down 24% today to 22 cents …….to quote Kenneth Wilsonholme ‘they think it’s all over etc ‘ 1 Share this post Link to post Share on other sites
It's me 610 Posted December 8, 2023 Don't slam the door on the way out Ha, we are all still here working as usual, giving service and customer satisfaction to each and every customer the old fashioned tried tested and approved way................. 2 Share this post Link to post Share on other sites
chrishowie 14 Posted February 6 Why isn't Alex Chesterman being investigated for one of the largest frauds in Automotive history? Getting large backers, huge hype without any substance and then taking 100 million at least and leaving it to crash and burn???? 1 Share this post Link to post Share on other sites
petrol head 46 Posted February 9 On 2/6/2024 at 1:32 PM, chrishowie said: Why isn't Alex Chesterman being investigated for one of the largest frauds in Automotive history? Getting large backers, huge hype without any substance and then taking 100 million at least and leaving it to crash and burn???? He hasn’t broken any laws, theirs is a risk with any investment. Immoral for sure, but not illegal. It’s the .com bubble revisited. Share this post Link to post Share on other sites
trade vet 697 Posted February 11 Telegraph reporting that Administrators have already been lined up. Share this post Link to post Share on other sites
trade vet 697 Posted March 6 Brilliant !, “ They are transitioning to a pure play automotive market place and exiting fulfilment operations.How good is that for ‘gobshite ‘,you couldn’t make it up.Their proposed platform will need to be free of charge to get the trade to support them.They would be better off getting into the Hand Car Wash ‘ industry ‘ ( Sustainable Net Zero Automotive H2O Cleansing )as most of us started out washing cars and then progressed from there. Share this post Link to post Share on other sites
It's me 610 Posted March 6 Been out all day quafing ales in Durham and came home to read that the wicked witch is DEAD Yaaaaaaaaaaaaaaaaaaaaaaa Share this post Link to post Share on other sites
friar 8 Posted March 12 Ten Cazoo sites for sale with estate agent CBRE this morning. 1 Share this post Link to post Share on other sites
petrol head 46 Posted March 22 Shares have seen massive increase in the last few days. Share this post Link to post Share on other sites
It's me 610 Posted 17 hours ago Cazoo now online to sell your car for you 1 Share this post Link to post Share on other sites
petrol head 46 Posted 16 hours ago 1 hour ago, It's me said: Cazoo now online to sell your car for you And the gullible yanks are still buying shares Share this post Link to post Share on other sites
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