Discussion
CRA1G said:
costsmonkey said:
demic said:
Just been on their website and the total cars for sale has gone from 3000+ earlier today to just over 800.
Does anybody know who bought them?CRA1G said:
Big Motoring World we're apparently in negotiations with them..?
Have not seen them appear in the normal places, not even in their own Cazoo Wholesale auctions so maybe they have done a direct deal with someone. If I were them I would just reduce the prices a bit and keep on retailing whilst scaling down.
Truckosaurus said:
There are 443,000 cars on Autotrader (I know some of the number will be New car placeholders), so 3000 cars (that were already listed for sale?) is a fraction of the market.
At one point in time a couple of years ago Cazoo had the theoretical capacity to push 120k cars p/a through their remarketing centres. So whilst they’ve been scaling this operation back for the last year and a bit there should still theory be many, many more cars in their “system” that haven’t or hadn’t reached retail sale standards yet. The effect IMHO won’t appear in retail prices but may temporarily lower trade prices as the Cazoo disposals have to work there way through other remarketing centres and onto forecourts of used dealers that are mostly overstocked currently.
Stupot123 said:
I think he got kicked out his own company the very next day,
Don’t know whether it was related.
He’s taking a leave from big and is in legal talks with his partners, not his choice. Don’t know whether it was related.
Cazoo sold them to the highest bidder for each car so they went to many people in the trade.
interstellar said:
Stupot123 said:
I think he got kicked out his own company the very next day,
Don’t know whether it was related.
He’s taking a leave from big and is in legal talks with his partners, not his choice. Don’t know whether it was related.
Cazoo sold them to the highest bidder for each car so they went to many people in the trade.
Auto810graphy said:
interstellar said:
He’s taking a leave from big and is in legal talks with his partners, not his choice.
Cazoo sold them to the highest bidder for each car so they went to many people in the trade.
Where did Cazoo offer the cars to the highest bidder?Cazoo sold them to the highest bidder for each car so they went to many people in the trade.
Fast Bug said:
interstellar said:
Stupot123 said:
I think he got kicked out his own company the very next day,
Don’t know whether it was related.
He’s taking a leave from big and is in legal talks with his partners, not his choice. Don’t know whether it was related.
Cazoo sold them to the highest bidder for each car so they went to many people in the trade.
interstellar said:
Select suppliers and groups had the list.
Sounds like they cocked that up as well then as they listed hundreds of cars on the Autorola trade auction platform with high reserves during the week but none seemed to sell.As for sending out a list, I know of two fairly senior buyers in two dealer groups who were not offered anything.
Auto810graphy said:
Sounds like they cocked that up as well then as they listed hundreds of cars on the Autorola trade auction platform with high reserves during the week but none seemed to sell.
As for sending out a list, I know of two fairly senior buyers in two dealer groups who were not offered anything.
It was a select list, they didnt send it to everyone and as far as I know all the cars sold. As for sending out a list, I know of two fairly senior buyers in two dealer groups who were not offered anything.
The 800 they have left are coming this week.
costsmonkey said:
Cazoo share price closed up 58% today.
Does anybody have any idea what is behind that?
They're a fking penny share still worth less than a month ago, big % rises are misleading in the least. Could be down more than the same by the end of the week. If they announced an actual cash sale of enough stock it may have just bumped the balance sheet. From absolute ste to still pretty much absolute ste. Does anybody have any idea what is behind that?
interstellar said:
It was a select list, they didnt send it to everyone and as far as I know all the cars sold.
The 800 they have left are coming this week.
Looks like Carsa got some. Sure this Focus was on my watch list with Cazoo. Still has a Cazoo reg plate on and the photos look like Cazoos.The 800 they have left are coming this week.
http://www.autotrader.co.uk/car-details/2024032077...
macron said:
costsmonkey said:
Cazoo share price closed up 58% today.
Does anybody have any idea what is behind that?
They're a fking penny share still worth less than a month ago, big % rises are misleading in the least. Could be down more than the same by the end of the week. If they announced an actual cash sale of enough stock it may have just bumped the balance sheet. From absolute ste to still pretty much absolute ste. Does anybody have any idea what is behind that?
With that in mind, notwithstanding its penny share status, two substantal rises in two consecutive days suggests sombody must see an upside - somebody must know something.
demic said:
interstellar said:
It was a select list, they didnt send it to everyone and as far as I know all the cars sold.
The 800 they have left are coming this week.
Looks like Carsa got some. Sure this Focus was on my watch list with Cazoo. Still has a Cazoo reg plate on and the photos look like Cazoos.The 800 they have left are coming this week.
http://www.autotrader.co.uk/car-details/2024032077...
demic said:
Looks like Carsa got some. Sure this Focus was on my watch list with Cazoo. Still has a Cazoo reg plate on and the photos look like Cazoos.
http://www.autotrader.co.uk/car-details/2024032077...
fking he’ll every other pic is some stty picture of their mega dealz http://www.autotrader.co.uk/car-details/2024032077...
wkers. would never buy from them on principle
MDMA . said:
Owner of which was a previous director of Cazoo. Dodgy deals? Never.
Sweeping statement, maybe they had a car supermarket that they sold to Cazoo and contractually had to do a short period of time with them before moving on. Knowing what they know about the trade and having a few quid why not go again.Gassing Station | Car Buying | Top of Page | What's New | My Stuff