Cazoo is the UK version of Carvana (not corporately linked)
A cluster of articles and an op-ed recently about their financial challenges
Online car marketplaces like Cazoo and Carvana have had 18 months to forget. Inventory has been hard to acquire as consumers hold on to assets amid financial uncertainty.
Do consumers want to purchase vehicles online? Large ticket items generally require customer interaction, and this sector is clearly not totally suited to online experiences.
I think customers will buy big ticket items online where there isn’t a option e.g. can’t get the specific spec of the car they want from a local dealer, many appliances only thinly stocked with demo items in stores.