Cazoo doing well ?

[trade vet 690]

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 .

[It's me 604]

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

[petrol head 46]

Long, but interesting read:

https://sifted.eu/articles/cazoo-debt-burden-layoffs

[It's me 604]

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

[petrol head 46]

$0.99 as we speak. Isn’t that then delisted if they stay there at close?

[It's me 604]

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 

[trade vet 690]

Cazoo down 24% today to 22 cents …….to quote Kenneth Wilsonholme  ‘they think it’s all over etc ‘