CAZOO FINALLY GOES UNDER!

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  • เผยแพร่เมื่อ 31 ธ.ค. 2024

ความคิดเห็น •

  • @ShiftingMetal
    @ShiftingMetal  7 หลายเดือนก่อน +5

    WIN £1000 TAX FREE for 50p! hfeelgoodcompetitions.com/product/1000-tax-free-2-instant-wins/

    • @nigelflack9151
      @nigelflack9151 7 หลายเดือนก่อน

      I very much doubt anyone will sink money into this mad motor trade money pit. It’s been a crazy journey to date and I think it’s finished for this wannabe retailer.

  • @Graham-rc1cp
    @Graham-rc1cp 7 หลายเดือนก่อน +76

    The fact that Chesterman cashed out immediately upon the IPO should have been a huge red flag…

    • @adrianpulford8828
      @adrianpulford8828 7 หลายเดือนก่อน +11

      I remember he justified it by saying he was making room for new investors to come in 😅

    • @Graham-rc1cp
      @Graham-rc1cp 7 หลายเดือนก่อน

      @@adrianpulford8828 “I know the engine is knackered in the car I’ve just sold you, I’m giving you an opportunity to fit a better one” 😂

    • @rob-fb5xs
      @rob-fb5xs 7 หลายเดือนก่อน

      @@adrianpulford8828😂

    • @topsteve9898
      @topsteve9898 7 หลายเดือนก่อน

      @@adrianpulford8828 That seems generous - nice way to play..Lol!

    • @11bornrich
      @11bornrich 7 หลายเดือนก่อน +1

      Right, typically you see big shareholders, founders, ceos etc... holding for at least a decade. When there's real value they know they'd be cashing out way too early and missing all the growth to come. If I see someone cashing out immediately I'd want little to nothing to do with that company😂

  • @ricknick74
    @ricknick74 7 หลายเดือนก่อน +71

    Cazoo no you can’t

    • @thefiestaguy8831
      @thefiestaguy8831 7 หลายเดือนก่อน +1

      CAZOO YEAH WE'RE BANKRUPT... joining Katie Price now.

  • @ricknuttall897
    @ricknuttall897 7 หลายเดือนก่อน +85

    They sponsored the World Snooker championships only last week 😂

    • @mikemcnulty6029
      @mikemcnulty6029 7 หลายเดือนก่อน +40

      I hope the winner's cheque cleared!

    • @Rafz90
      @Rafz90 7 หลายเดือนก่อน +22

      Yeah, it was probably a long term sponsorship contract that they had to fulfil.

    • @poprodder
      @poprodder 7 หลายเดือนก่อน +6

      ​@Rafz90 it was yes.

    • @LCOF
      @LCOF 7 หลายเดือนก่อน +3

      Weirdly these active and very visible sponsorships may help Cazoo’s brand find a buyer. Remember, the general public don’t know or care about what’s happened behind the scenes.

    • @StreetSoldierUK
      @StreetSoldierUK 7 หลายเดือนก่อน

      I was just about to say the same thing

  • @GaryMason-dy4wl
    @GaryMason-dy4wl 7 หลายเดือนก่อน +37

    Surprised it lasted this long. Rubbish idea. Never going to,work.

    • @thefiestaguy8831
      @thefiestaguy8831 7 หลายเดือนก่อน

      To be fair, my parents bought a car off them in 2022. Very good experience, car was exactly as described and pictured. When we went to collect it we sat in their posh offices and they checked documents, bought out the keys and then showed us around the car which was under a black blanket/sheet they pulled off. The woman walked around the car with her iPad pointing out the bits of damage (minor paint scratch, tiny stain on the seatbelt etc) which were shown in the photographs... when we got in the car they showed us how to use it - I already knew as my job involves using many thousands of fleet vehicles and we happen to use that brand, but it was a nice touch.
      By contrast I bought a car from Big Motoring World the following year.... let's just say overall the Cazoo experience was far better.
      When my parents needed work doing to the car including replacing shock absorbers and a few other parts, they even reimbursed my parents for it (around £630) despite them not paying for a "warranty" on the car.
      Can't get much fairer than that. Somehow I doubt your average car salesman at a small garage is going to give a service just as good.
      We also had 14 days to decide whether to keep the car, return it and exchange it, or return it for a full refund. The mileage policy was fairly generous.
      It was 14 days return exchange/refund or something like 1,000 or 2,000 miles of mileage...

  • @TheMase60
    @TheMase60 7 หลายเดือนก่อน +22

    Thats was happens when a mobile salesman tries to change the motor trade with everyone else's money.

  • @seanwallace1972
    @seanwallace1972 7 หลายเดือนก่อน +22

    I’d never buy a car online,I’d much rather go and view the car,test drive it etc,the. Decide

    • @mikeplaysthings
      @mikeplaysthings 7 หลายเดือนก่อน +2

      Totally agree. Buying a car is an experience. Going to view it, test drive it, even haggle abit. Now you can sit on the sofa, 2 mins and 5 clocks later you've got a car being delivered within 5 days . . . Boring! I get it though 'easy life' and all that but I much prefer to go and stand Infront of it!

    • @kamseihra
      @kamseihra 7 หลายเดือนก่อน +1

      Few things I don’t buy online - cars, food and clothing

    • @thefiestaguy8831
      @thefiestaguy8831 7 หลายเดือนก่อน

      To be fair, my parents bought a car off them in 2022. Very good experience, car was exactly as described and pictured. When we went to collect it we sat in their posh offices and they checked documents, bought out the keys and then showed us around the car which was under a black blanket/sheet they pulled off. The woman walked around the car with her iPad pointing out the bits of damage (minor paint scratch, tiny stain on the seatbelt etc) which were shown in the photographs... when we got in the car they showed us how to use it - I already knew as my job involves using many thousands of fleet vehicles and we happen to use that brand, but it was a nice touch.
      By contrast I bought a car from Big Motoring in December the same year.... let's just say overall the Cazoo experience was far better.
      When my parents needed work doing to the car including replacing shock absorbers and a few other parts, they even reimbursed my parents for it (around £630) despite them not paying for a "warranty" on the car.
      Can't get much fairer than that. Somehow I doubt your average car salesman at a small garage is going to give a service just as good.
      We also had 14 days to decide whether to keep the car, return it and exchange it, or return it for a full refund. The mileage policy was fairly generous.
      It was 14 days return exchange/refund or something like 1,000 or 2,000 miles of mileage...

    • @sticklebacketienne
      @sticklebacketienne 7 หลายเดือนก่อน

      @@mikeplaysthingsit doesn’t make any sense and nobody uses it. Cazoo raised money right at the beginning of covid

    • @gravemind6536
      @gravemind6536 7 หลายเดือนก่อน

      @@mikeplaysthings Makes sense with the electric cars because they're have zero soul and all drive exactly the same so its no different than odering an appliance online. For proper cars though I agree I want to see it and test drive it.

  • @zzhughesd
    @zzhughesd 7 หลายเดือนก่อน +9

    CZOO were bobbins. Biggest bollocks model ever for used cars. Was a vessel to rinse punters on US stock market

  • @thatcheapguy525
    @thatcheapguy525 7 หลายเดือนก่อน +23

    Cazoo is almost like a mirror to British politics

    • @TrumanShow-im2ve
      @TrumanShow-im2ve 7 หลายเดือนก่อน +4

      Is it owned by Zio nists?

    • @firestarter1888
      @firestarter1888 7 หลายเดือนก่อน

      ​@@TrumanShow-im2ve😂

    • @blazzz13
      @blazzz13 7 หลายเดือนก่อน

      @@TrumanShow-im2ve No, just multi generational tax dodging Aristocrats like Cameron et al

  • @Da-Real-Cookie-Monster
    @Da-Real-Cookie-Monster 7 หลายเดือนก่อน +7

    A prime example of late cycle Malinvestment where low interest rates lead to zombie businesses.

  • @michaelarchangel1163
    @michaelarchangel1163 7 หลายเดือนก่อน +38

    Crikey ! I wonder if Kyren Wilson got his cheque for £500,000 from Cazoo for having won the World Snooker Championship yet, and if it'll bounce.

    • @wintersun398
      @wintersun398 7 หลายเดือนก่อน +19

      I laughed when the presenter said “a cheque for £500,000”. Who even writes cheques anymore. I hope Kyren said no thanks, here’s my bank account details for a BACS transfer on tuesday morning 😂

    • @michaelarchangel1163
      @michaelarchangel1163 7 หลายเดือนก่อน +10

      @@wintersun398 You're as cynical as I am, which is a good thing.

    • @stanthesteelguitarman8228
      @stanthesteelguitarman8228 7 หลายเดือนก่อน

      It needs to be the good old cheque and not electronic transfer, otherwise the Chinese or Russians will hack into Kyren's bank account!@@wintersun398

    • @nigelfarley814
      @nigelfarley814 7 หลายเดือนก่อน +3

      When Ales hurricane Higgins won in 1972 he got £500. My how times have changed.

    • @michaelarchangel1163
      @michaelarchangel1163 7 หลายเดือนก่อน +1

      @@nigelfarley814 Yes indeed, Nigel. Even by 1979, it was still only £10,000 when Terry Griffiths won it. He showed me an enlarged version of the cheque which he'd had framed on a wall of his snooker room at home. That said, in 1977 I did buy the house in which I still live for £1,300, albeit it was just a shell back then.

  • @jontheodore8450
    @jontheodore8450 7 หลายเดือนก่อน +35

    Cazoo down just Cinch to go now..

    • @kevinbennett2208
      @kevinbennett2208 7 หลายเดือนก่อน +3

      That won’t happen

    • @catastrophic009
      @catastrophic009 7 หลายเดือนก่อน

      And get rid of the annoying t**t who advertisers it !

    • @tucoramirez3333
      @tucoramirez3333 7 หลายเดือนก่อน

      Why not ?

    • @jontheodore8450
      @jontheodore8450 7 หลายเดือนก่อน

      @@kevinbennett2208 BCA is currently losing over 150 million a year, its only parent company keeping it going.

    • @roberthartley6629
      @roberthartley6629 7 หลายเดือนก่อน

      @@tucoramirez3333 Cinch is owned by the same company that owns webuyanycar and British car auctions.
      WBAC buy the cars and Cunch sell the good ones and the rest go to BCA.

  • @whatifgodimagineinfinity5526
    @whatifgodimagineinfinity5526 7 หลายเดือนก่อน +7

    Going short is a mugs game. You don't know what you are doing. The equation isn't 'will they ultimately go out of business'. It's an asymmetric bet where the asymmetry doesn't favour you.

  • @JimboCamUK
    @JimboCamUK 7 หลายเดือนก่อน +1

    There's a Cazoo depot at Cold Meece in Staffordshire - the stock on site has been disappearing and the Cazoo branding seemed to go last week. Not seen so many of their vans about now I think about it.

  • @malcolmtill
    @malcolmtill 6 หลายเดือนก่อน

    "We fully refurbish every car" 🤣🤣🤣🤣🤣

  • @Chris-yc3mm
    @Chris-yc3mm 7 หลายเดือนก่อน +2

    Yep, I set the radius to 20 miles and then see what there is around. When I have an idea I look into it further and follow up with a visit. Typically I know what sort of things I don't want (suv, cazoo, cinch etc.) Rather than what I want.

  • @kristian5009
    @kristian5009 7 หลายเดือนก่อน +10

    Ironically Carsa are the same people who sold Imperial Car supermarkets network to Cazoo.

    • @LCOF
      @LCOF 7 หลายเดือนก่อน +1

      Hate Imperial if they were formally Empress.

  • @chelseaboyuk75
    @chelseaboyuk75 7 หลายเดือนก่อน +34

    Stupid name for a company any way lol

    • @ChrisPatrick-q6k
      @ChrisPatrick-q6k 7 หลายเดือนก่อน

      Should have been Barfzoo

    • @DumboSanchez
      @DumboSanchez 7 หลายเดือนก่อน

      @@ChrisPatrick-q6kgood one

  • @stevewall3246
    @stevewall3246 7 หลายเดือนก่อน +6

    I think your bang on right I wouldn’t touched them with a barge pole. If I was buying a car I think the thing you can do if you want look out for a cheap car transport that they’re flogging off be ideal for you to pick the cars up from Bridgewater and offered the same thing to customers that you deliver them for a small fee, the video.
    Love the video video keep smiling mate there is always a place in the market for decent secondhand car dealers like you👍

  • @AUTO2420
    @AUTO2420 6 หลายเดือนก่อน +1

    Cazoo made me redundant Rock on the Dole took over my job i was working for hudson kapel bedford (smh fleet) when cazoo took us over the first thing i said they will make us redundant signing on at the dole office now on Universal Credit

  • @scottmccall6105
    @scottmccall6105 7 หลายเดือนก่อน

    Noticed on your video Aberdeen was top location on list. Couldn’t think where in Aberdeen it was so just had a look and it’s now gone along with all Scottish locations.

  • @robsmith1a
    @robsmith1a 7 หลายเดือนก่อน +2

    The amazing thing about Cazoo was the amount of money they spent on advertising and sponsorship. I noticed it everywhere but I think a lot of people saw the name without really realising it was a car dealer. It definitely isn't the place I'd go to car hunting because it offers so much less to a buyer than Autotrader.

  • @roystonvehicles9129
    @roystonvehicles9129 7 หลายเดือนก่อน +1

    I've been following cazoo since they started, they were valued amazingly high, little physical premises, low net profit of about 149 quid a car while other big dealers were at about 1500.

  • @joewatson5209
    @joewatson5209 7 หลายเดือนก่อน +2

    Bought my Hyundai Tucson from Cazoo and they were probably the best dealer I’ve ever traded with to be honest. Would have used again…

  • @joelbrown2782
    @joelbrown2782 7 หลายเดือนก่อน +3

    Yeah, the accounts should have been published in December, it seems like a few companies are like that. You can see their accounts on Companies House. They have £450 million in assets as of 2022, not sure how much is left after they sold some.

  • @leewescombe3812
    @leewescombe3812 7 หลายเดือนก่อน +14

    I’m glad I managed to get £3000 compensation out of them before it was too late, it took 7 months but persistence is key.

    • @a.mgaming3418
      @a.mgaming3418 7 หลายเดือนก่อน +4

      you probably bankrupted them 😂😂😂😂

    • @testpilotian3188
      @testpilotian3188 7 หลายเดือนก่อน

      We did too, did you take the extended warranty? Wonder where we stand with that.

    • @leewescombe3812
      @leewescombe3812 7 หลายเดือนก่อน

      @@testpilotian3188 I didn’t take the extended warranty, I just had the standard 3 months. As the Tiguan I bought was only a few years old, I took a 2 year extended warranty out with the main dealer. Is the extended warranty issued from Cazoo or was it a warranty company? Best bet is to give them an email or try ringing them if the number is still active.

  • @peterharris7862
    @peterharris7862 7 หลายเดือนก่อน +1

    I know someone who brought a car not to long ago from said company they cancelled her warranty

  • @matteoanderton4909
    @matteoanderton4909 7 หลายเดือนก่อน

    in my 37 years in the trade loads of big companies have tried to “change the way cars are sold”. Virgin and Tesco to name just two. Big problem…small margins and too much risk of buy back (if you don’t know how to avoid). Hybrid selling is the only way to go to market IF you want to go national. Or, if you’re small concentrate on doing your local area vey well. I won’t say RIP Cazoo!

  • @Dogtagnan
    @Dogtagnan 7 หลายเดือนก่อน +1

    I wonder how many punters bought a Cazoo car and used it for a holiday, then returned it within the cooling off period

  • @blackdogchris
    @blackdogchris 7 หลายเดือนก่อน +2

    Well presented and explained..Thank You.

  • @TheAgwarn
    @TheAgwarn 7 หลายเดือนก่อน +1

    Such a stupid idea, who’s going to buy a car without seeing it first

  • @Kaylee911
    @Kaylee911 7 หลายเดือนก่อน

    When I first checked them out it seemed like a good idea. I used Palmdale in 2019/20 to search for a particular car and they viewed it and checked it out and delivered to me as I didn’t want to travel to Bury St Edmunds dealership. Yes I paid them to do it and were very pleased with their service.

  • @Toenala
    @Toenala 7 หลายเดือนก่อน

    Spent yesterday trailing round for a new car. Put in the criteria including within 25 miles. Ended up with loads from the national dealers which say they are close but they aren't. One listed as Durham was actually in Southampton.
    To hell with that went to a local traditional dealer at 4pm talked to a 63 year old professional salesman who knew the car on his site, test drive, priced my trader, deal done. Excellent experience wish I had started there.
    Not a fan of these national dealers I want to see the car, test it and deal with a person face to face.

  • @ruk2023--
    @ruk2023-- 7 หลายเดือนก่อน +21

    You're sure you aren't even distantly related to Guy Ritchie?

  • @raf9974
    @raf9974 7 หลายเดือนก่อน +7

    This was the worst-managed business I've ever seen. Great idea but they have decided to go huge at all cost, they thought that having BCA behind with access to the best cars was the key. That management 😂

    • @Graham-rc1cp
      @Graham-rc1cp 7 หลายเดือนก่อน +5

      You’re mixing them up with cinch, it’s cinch who are part of the BCA group…

    • @raf9974
      @raf9974 7 หลายเดือนก่อน

      @@Graham-rc1cp I might be. But they were swooping the market of anything decent up to 3 years old hence I've mixed them up ( but they've had some good contacts to do so )

    • @Fred-gu6pk
      @Fred-gu6pk 7 หลายเดือนก่อน

      ​@@Graham-rc1cp
      And there is part of the problem telling those 2 apart

  • @ironmantooltime
    @ironmantooltime 7 หลายเดือนก่อน +1

    There's not a single BMW 6 series on the website 😂
    Be careful on a short if it's not covered: the losses are potentially unlimited. If for some odd reason the share price sky rockets (because from a low base) then you could see a 10x loss if you're not stopped out. 😎

  • @robertallen4431
    @robertallen4431 7 หลายเดือนก่อน +1

    In fairness most of those items were general maintenance items .Good video

  • @c11yan
    @c11yan 7 หลายเดือนก่อน +1

    Just can’t understand why buyers wouldn’t just go to a car supermarket and see the choice see the metal see the paperwork talk to the sales people… we all know buyers want to be loved a bit / plus they want to put a face to a name and they’ll get all that so why buy remotely from Cazoo 🤔

  • @testpilotian3188
    @testpilotian3188 7 หลายเดือนก่อน

    Wonder where customers will stand with their extended warranties? Glad I managed to get the compensation out of them when I did.

  • @simonh870
    @simonh870 7 หลายเดือนก่อน +1

    Goodbye and good riddance. Dreadful company.

  • @EvilGav
    @EvilGav 7 หลายเดือนก่อน

    At this point, no sane investor would get involved. If they completely fail, anyone who really wants the company will be able to but the lot for pennies on the pound from the administrator.

  • @paulheyes653
    @paulheyes653 7 หลายเดือนก่อน +2

    It was a pump n dump led by the directors who knew they were on to nothing so hyped up the company to garner investment.....then exit their position and run away from it.
    Nice work trying to short it. Which app did you use for that ?

  • @steve5772
    @steve5772 7 หลายเดือนก่อน +2

    To be fair, their motor trade auctions (think they were the ex-Greenhaus remarketing sites) were decent. We have had some decent vans off them. The retail side was dogs..t though.

  • @liamegan4303
    @liamegan4303 7 หลายเดือนก่อน +1

    Hi Joe. Your last video about this was great. Great follow-up. I can't believe Cazoo is still in business, I thought you were saying they were gone, but it won't be much longer, lol 😅. Autotrader is number 1, I think. You're right, Joe, it doesn't make sense, massive losses. Anyway, it was a great video again, Lee. Good update, bro 👌👏👏🥰🇮🇪

  • @adamferris1452
    @adamferris1452 7 หลายเดือนก่อน

    Post COVID, I think the move away from ordering a car online is now long gone. People want to see and feel it before committing

  • @carlishiggins
    @carlishiggins 7 หลายเดือนก่อน

    Demand for electric cars has dried up. It’s time for a rethink
    The electric car is not popular today. The early adopters have all bought theirs so now the car giants are having to persuade “normal punters” of the merits of going electric. And they are having none of it.

  • @howardlake6178
    @howardlake6178 7 หลายเดือนก่อน

    I would not be at all surprised if returns is what actually started killing it. As so many people have said here in comments…go and have a look, etc. I bought one new car, I could’ve got a discount 40 miles away. But I wanted to…see it. For a used car I wouldn’t dream of not seeing it. Inspecting it. Buyer’s remorse started their slide

  • @donyiiovanni
    @donyiiovanni 7 หลายเดือนก่อน

    Nothing to do with Everton then?

  • @marklockwood8386
    @marklockwood8386 7 หลายเดือนก่อน +9

    I always want to test drive a car

  • @darrensaquaticsworld
    @darrensaquaticsworld 7 หลายเดือนก่อน

    Shorting is like taking pictures of an accident or siblings arguing over an inheritance. It happens, but should it. Says a lot about the kind of people who drive other people out of work to earn a few quid.

  • @sleepysamk1400
    @sleepysamk1400 7 หลายเดือนก่อน +3

    Cazoo is Kazaam. 🤣🤣🤣🤣🤣🤣

  • @sydkhan761
    @sydkhan761 7 หลายเดือนก่อน +1

    They tried to apply the just eat/uber formula to used car sales and it didnt work, but it will, needs tweaking

    • @sydkhan761
      @sydkhan761 7 หลายเดือนก่อน

      Jo , honesty, stop being so bluddy nice

    • @andrewwaller5913
      @andrewwaller5913 7 หลายเดือนก่อน +2

      Anybody who buys a car online without looking at it in the metal and test driving it before handing over cash deserves everything they get. Daft idea, which failed miserably.

  • @Deadonkey85
    @Deadonkey85 7 หลายเดือนก่อน

    Not many people would buy a car without looking at it in person anymore.
    I did like their fixed price model. You never know if you’re getting a good deal compared to everyone else when buying from a dealer. There is no transparency with the pricing.

  • @nicknewman7680
    @nicknewman7680 7 หลายเดือนก่อน

    Love your videos Joe! Keep up great work fuck the haters! 👍

  • @alexjones8296
    @alexjones8296 7 หลายเดือนก่อน

    Same old, same old. The rich get richer and bale out when the shit hits the fan…wonder if their pensions will be binned? I hope so.

  • @peterdownes8275
    @peterdownes8275 7 หลายเดือนก่อน

    Can you not search one of your cars by make ,model ,age, price to see if you are on there?

  • @Da-Real-Cookie-Monster
    @Da-Real-Cookie-Monster 7 หลายเดือนก่อน

    Great Video, wish I'd shorted Cazoo and Carvana etc... over in the USA.
    Be careful shorting stock you can get a gamma squeeze if there's too many shorts - which in English means big counter trend rallies.
    Etoro is super easy for that kind of thing.

  • @michaelcook1923
    @michaelcook1923 7 หลายเดือนก่อน

    Your ford s-max which you have for sale looks like a manual not a automatic as listed. Keep the videos coming.👍👍👍👍👍

  • @rosshampton3483
    @rosshampton3483 7 หลายเดือนก่อน +1

    Sounds a bit like a Pump and Dump scheme

  • @fattmatt200
    @fattmatt200 7 หลายเดือนก่อน

    They sponsor snooker and darts, that's all I know about them.

    • @Tom_murray89
      @Tom_murray89 7 หลายเดือนก่อน

      And Aston Villa

  • @pauliboo22
    @pauliboo22 7 หลายเดือนก่อน

    They’ve just spent £1.58 Million in prize money sponsoring the snooker

  • @mojomomo1475
    @mojomomo1475 7 หลายเดือนก่อน

    Definitely wouldnt have failed if they werent so expensive, I even considered using it but they were 1-2k more than other places. Model only works if they are cheaper, not more expensive!

  • @diydave3034
    @diydave3034 7 หลายเดือนก่อน

    Good video, not unsurprising. Is Motors the car ad people for regional newspapers?

  • @MichaelHowden-gv1kf
    @MichaelHowden-gv1kf 7 หลายเดือนก่อน

    If you try to get a loan from my bank they won’t lend on a Cazoo car.

  • @richardgiles2484
    @richardgiles2484 7 หลายเดือนก่อน

    So glad I stayed away from them last year. Stuck with a main dealer as I've always done 😂😂

  • @Mike99Nine
    @Mike99Nine 7 หลายเดือนก่อน

    There are certain things you can buy on line and a car is not one of them in my opinion. Too risky

  • @Chris-xb6be
    @Chris-xb6be 7 หลายเดือนก่อน

    I predicted they wouldn’t last when they sponsored Everton. You could see it a mile off.

  • @smoketinytom
    @smoketinytom 7 หลายเดือนก่อน

    Finally goes under… You realise people are losing jobs because of this.

  • @roystonvehicles9129
    @roystonvehicles9129 7 หลายเดือนก่อน

    They have appointed administrators today bud.

  • @aerial558
    @aerial558 7 หลายเดือนก่อน

    Don’t bother with the stock it’s been halted on the stock exchange throughout the day at one point went below $3 from $9.35 and then administration notice placed, the stock went into meltdown 🤣
    Setting up CDF you need minimum 25k to play if you want to short the stock I wouldn’t bother 👍

  • @LeighB420
    @LeighB420 7 หลายเดือนก่อน

    If you want to take an easy short position on Cazoo stock do it either with CFD's or Spread Betting, lots of UK providers make it very easy.

  • @darrylbaldwin-skeet1896
    @darrylbaldwin-skeet1896 7 หลายเดือนก่อน +1

    Also how can they sponsor the world snooker

  • @nicok5548
    @nicok5548 7 หลายเดือนก่อน

    I loved cazoo. The best car buying experience i ever had

  • @markdigitalwealth
    @markdigitalwealth 7 หลายเดือนก่อน

    Thats sad to see them go under, i bought a lovely car from them nearly 3 years ago, and its still going well.

  • @rascott1970
    @rascott1970 7 หลายเดือนก่อน

    I bought a car off cazoo. Good car, good price. Got shafted on the trade in though. Didn’t like the business model really. They have you over a barrel esp if you drive to them ( didn’t want a big cazoo truck turning up in my street) and your nice shiny new car is sitting there. You’re not really going to quibble when they knock a grand of your trade in.

  • @johanndork5364
    @johanndork5364 7 หลายเดือนก่อน

    Now Cazoo isn’t buying cars at auction, have prices eased off in auctions?

    • @Len714
      @Len714 7 หลายเดือนก่อน

      Cazoo own the auctions and we buy any car. They control the whole market which shouldn't be allowed

  • @gjek6355
    @gjek6355 7 หลายเดือนก่อน

    Feel for the transporter drivers that they sold a story to get them to leave there previous jobs.
    ,best job in the world , the so called entrepreneur from Scotland who’s idea it was won’t loose anything, use other people’s money and run for the hills.

  • @mpowa101
    @mpowa101 7 หลายเดือนก่อน

    So what will happen to those who have cars with them?

    • @testpilotian3188
      @testpilotian3188 7 หลายเดือนก่อน

      This is what I want to know too, I guess since our finance is with black horse that will continue, but I’m more curious about the extended warranty we paid for.

  • @leedstown
    @leedstown 7 หลายเดือนก่อน

    Cazoo made £25 on average per car during covid which was there best year. Cazoo are finished

  • @bastogne315
    @bastogne315 7 หลายเดือนก่อน

    Didnt they sponsor the world championship snooker with a million quid in prize money.

  • @IToohat
    @IToohat 7 หลายเดือนก่อน

    I don't agree with the 'sharp elbowed car dealers', as a customer I have been to many dealers who have suggested other dealers to find specific cars I've been looking for. I was glad when Cazoo first arrived and promised to shake up the outdated used car industry, but feel they didn't really have a plan of how to improve it. It's no good changing things, if it doesn't improve things.
    I feel the way forward is for dealers to build on some of the practices they already have.
    I would love to see Auto Trader toppled, or threatened by another platform. That could only be good for buyers and sellers. I feel the large auction companies are in the strongest position to shake things up a bit.

  • @DaDa-David
    @DaDa-David 7 หลายเดือนก่อน +1

    Don't like U-Buy we deliver! WTF! I went to We Buy Any Shite as they offered best price (During Covid) if I had bought from this crap system and had car delivered, how long do I get to snag check it! fookin aweful.

  • @Mute_Nostril_Agony
    @Mute_Nostril_Agony 7 หลายเดือนก่อน

    How about Cinch?

  • @First_Principals
    @First_Principals 7 หลายเดือนก่อน

    They are the Wework of used cars

  • @darrenwilson8042
    @darrenwilson8042 7 หลายเดือนก่อน +1

    Cazoo - yeah they CAN'T

  • @roystonvehicles9129
    @roystonvehicles9129 7 หลายเดือนก่อน

    Cinch do OK as they're getting stock from wbac where cazoo just had to pay the high post covid auction prices, but buying up dealers in other countries and massive advertising and sponsorship seems a bit silly, we sell 100 % on line so it can be done, we do a 10 min video pointing everything out and people pay a deposit and the balance when we deliver, maybe if cazoo had done an on line buying service from the kick off for stock and just kept to sales, maybe just UK TV ads it might have worked out, another issue is that on a bear new car people want the back up of a franchised dealer, who's probably spent millions on tech and workshops, not just a wagon turning up with a good luck mate we're on our way sort of thing, you'd have to be very brave to do that.

  • @darrenmartin4014
    @darrenmartin4014 7 หลายเดือนก่อน

    Never understood the concept. Even if i know exactly the car I want, I want to see it and drive it and know what I'm getting. Cazoo got loads of complaints that vehicles had been damaged, faulty or not as described. They deserved to fail, feel sorry for the staff though.

  • @stevenlomas8812
    @stevenlomas8812 7 หลายเดือนก่อน

    Joe what was car polish and electric mop recommend to you please I can’t find vid !

  • @liamegan4303
    @liamegan4303 7 หลายเดือนก่อน

    Hi Joe. Why don't you buy them out bro 👌🇮🇪

  • @jmy1974
    @jmy1974 7 หลายเดือนก่อน

    Was gonna buy a car from there couple months ago, glad I didn’t

  • @Markinlondon
    @Markinlondon 7 หลายเดือนก่อน

    Every time a Cazoo advertisement was on the tv I did laugh
    buying a car from any dealer by them just delivering a motor and then being stuck with it
    Or having all the trouble of sending it back
    Bad business model

  • @andrewbranford2032
    @andrewbranford2032 7 หลายเดือนก่อน

    Who buys a car without even viewing it .and then have to argue to get your money back when it's had bad paint etc no thanks

  • @paulsheehan2998
    @paulsheehan2998 7 หลายเดือนก่อน

    They're done
    Worked in covid but people aren't idiots, they want to see a motor before buying.
    They'll have paid a premium when the cars were inflated, when they came down they were carrying loads and loads of overpriced cars.

  • @LoftechUK
    @LoftechUK 7 หลายเดือนก่อน

    They have gone. I can’t fine anything. Not even a cheap car

  • @Nicholas-ok9no
    @Nicholas-ok9no 7 หลายเดือนก่อน

    Oh dear 🙀🙀🙀... what a shame😊😊😊😊😊

  • @royed31
    @royed31 7 หลายเดือนก่อน

    What idiot would buy a car without seeing it in the metal first

  • @grahamconnolly3241
    @grahamconnolly3241 7 หลายเดือนก่อน

    Get a look at the salaries of the owner and top management have been earning. Is the only losers the shareholders???

  • @GaryMason-dy4wl
    @GaryMason-dy4wl 7 หลายเดือนก่อน +2

    Surprised it lasted this long. Crap idea

  • @bryanadams4436
    @bryanadams4436 7 หลายเดือนก่อน

    Cracking podcast as usual Joe i drove past your garage today I'll pop in next time to buy a polo shirt off you

  • @UpYirKilt
    @UpYirKilt 7 หลายเดือนก่อน

    The comps do u deliver the cars .