Tesco to Sell Used Cars
Discussion
WhatCarArticle said:
* Supermarket giant poised to enter used-car market
* Thought to be online sales only
* Already sells car insurance and tyres
Tesco is poised to start selling used cars.
Although there are no firm details of how the supermarket giant plans to sell used cars, reports suggest it has registered the Tescocars.com domain name.
This may point towards Tesco selling cars solely online, giving it the ability to keep overheads low and sell cars at ultra-competitive prices.
However, it is is also possible it could be planning to link with a conventional dealer, or sell from supermarket sites.
Tesco has been active in the car market in recent years, selling car insurance as well as personal loans, and tying in with tyre seller Blackcircles.com.
Would you buy a used car from Tesco?* Thought to be online sales only
* Already sells car insurance and tyres
Tesco is poised to start selling used cars.
Although there are no firm details of how the supermarket giant plans to sell used cars, reports suggest it has registered the Tescocars.com domain name.
This may point towards Tesco selling cars solely online, giving it the ability to keep overheads low and sell cars at ultra-competitive prices.
However, it is is also possible it could be planning to link with a conventional dealer, or sell from supermarket sites.
Tesco has been active in the car market in recent years, selling car insurance as well as personal loans, and tying in with tyre seller Blackcircles.com.
volvoforlife said:
Would you buy a used car from Tesco?
I'd buy a used car from most places if the deal was right and the car stacked up. I can't ever see me being happy to place a deposit on a used car over the internet though, IME you can never rely on the person describing the cars interpretation of things being the same as your own. Probably a better buying experience then using a general car supermarket and I bet the comeback if theres a problem is better too. You have to ask the question as to why Tesco would want to enter the used car market though. They can't squeeze suppliers like they do in the food market, its a relitivly low return on investment and the potential to ruin your brand through selling problem cars is too great. Selling new cars through the internet I get as its easy and requires little investment but used cars is a different ball game althogether.
weyland yutani said:
f
k Tesco! I hope it implodes under its own weight one day. It's already killed the high street, fking greedy souless corporate bds!
O/T But yes, this is true, and for my sins I do food shop there as a rule. I do use my local shops a fair bit though, along with many others I know, and as a result they are still thriving - so it tends to balance out in my neighbourhood.k Tesco! I hope it implodes under its own weight one day. It's already killed the high street, fking greedy souless corporate bds!Evangelion said:
As long as you get to see and drive the car beforehand, where's the problem? Like any other business activity, if they do it well they deserve to succeed, if not ... not.
be interested to know where they are going to put these cars....This is pretty grim reading.
http://en.wikipedia.org/wiki/Criticism_of_Tesco
volvoforlife said:
WhatCarArticle said:
* Supermarket giant poised to enter used-car market
* Thought to be online sales only
* Already sells car insurance and tyres
Tesco is poised to start selling used cars.
Although there are no firm details of how the supermarket giant plans to sell used cars, reports suggest it has registered the Tescocars.com domain name.
This may point towards Tesco selling cars solely online, giving it the ability to keep overheads low and sell cars at ultra-competitive prices.
However, it is is also possible it could be planning to link with a conventional dealer, or sell from supermarket sites.
Tesco has been active in the car market in recent years, selling car insurance as well as personal loans, and tying in with tyre seller Blackcircles.com.
Would you buy a used car from Tesco?* Thought to be online sales only
* Already sells car insurance and tyres
Tesco is poised to start selling used cars.
Although there are no firm details of how the supermarket giant plans to sell used cars, reports suggest it has registered the Tescocars.com domain name.
This may point towards Tesco selling cars solely online, giving it the ability to keep overheads low and sell cars at ultra-competitive prices.
However, it is is also possible it could be planning to link with a conventional dealer, or sell from supermarket sites.
Tesco has been active in the car market in recent years, selling car insurance as well as personal loans, and tying in with tyre seller Blackcircles.com.
Edited by matc on Thursday 17th February 10:35
How do you sell a car only online? Surely you have to have a point of contact - or will they deliver the car? As such, many people wouldn't touch the car without being able to see it.
However, what it does do is open up UK wide opportunities to buy. Forgetting high value sports cars, but generic cars I've bought and sold I've never driven more than an hour or so for (where as I've stayed in hotels and god knows what for sports cars!). But anyway - that will open up more cars to more people.
However, what it does do is open up UK wide opportunities to buy. Forgetting high value sports cars, but generic cars I've bought and sold I've never driven more than an hour or so for (where as I've stayed in hotels and god knows what for sports cars!). But anyway - that will open up more cars to more people.
Petrol Eddie said:
You have to ask the question as to why Tesco would want to enter the used car market though. They can't squeeze suppliers like they do in the food market, its a relitivly low return on investment and the potential to ruin your brand through selling problem cars is too great. Selling new cars through the internet I get as its easy and requires little investment but used cars is a different ball game althogether.
You make a number of good pointsTesco have no doubt reviewed the business model of Webuyanycar.com and their parent company and decided to do some analysis. Personally I can’t see the doing this unless as the risk to reward doesn’t look high enough, unless they do this as a way of selling on PX’s from a new car sales operation . . . . . . . . thankfully I can’t see them getting into the rusty Italian classic car market 
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