Re: Randomness
Posted: Wed Sep 29, 2021 10:00 pm
I didn't realise they applied to cars.
Page 193 of 484
Re: Randomness
Posted: Wed Sep 29, 2021 10:04 pm
I just assumed they applied to everything sold that way [shrugs].
Re: Randomness
Posted: Wed Sep 29, 2021 10:20 pm
It does (with a few exceptions - downloads etc)
Re: Randomness
Posted: Wed Sep 29, 2021 11:31 pm
Distance selling regs also require you to send it back unused and in original packaging don’t they? So if it turned up and wasn’t as described you could refuse to accept it.
The appeal of the Cazoo way is you can drive it around a bit and get a feel for it. I don’t know how much leeway they give you or you have to pay a certain amount for the miles you’ve done?
The appeal of the Cazoo way is you can drive it around a bit and get a feel for it. I don’t know how much leeway they give you or you have to pay a certain amount for the miles you’ve done?
Re: Randomness
Posted: Thu Sep 30, 2021 12:06 am
Probably not for the Randomness thread, since it’s fairly car related….
Their margins look thin from the article. Gross profit £670 per car; looks as if they’re aiming at the same sort of margins as new car sales. Turnover up a lot though; they could potentially make a profit because it appears they’ve invested heavily in reconditioning businesses.
Cinch are just a WBAC/BCA outlet so they’ll be solid. The number of other random car sales brands with similar names and ads appearing on Facebook now is quite scary though.
Re: Randomness
Posted: Thu Sep 30, 2021 12:34 am
Re: Randomness
Posted: Thu Sep 30, 2021 7:07 am
Worked for someone high up in a national chain and their normal gross profit is around £900 on a used car, currently sitting around £1200 but that will reduce as their buy in costs increaseJobbo wrote: Thu Sep 30, 2021 12:06 amProbably not for the Randomness thread, since it’s fairly car related….
Their margins look thin from the article. Gross profit £670 per car; looks as if they’re aiming at the same sort of margins as new car sales. Turnover up a lot though; they could potentially make a profit because it appears they’ve invested heavily in reconditioning businesses.
Cinch are just a WBAC/BCA outlet so they’ll be solid. The number of other random car sales brands with similar names and ads appearing on Facebook now is quite scary though.
Re: Randomness
Posted: Thu Sep 30, 2021 9:10 am
That’s my point - it looks like Cazoo reckon they can make a profit on margins closer to those new cars are sold at. If they have the volumes, it might work.jamcg wrote: Thu Sep 30, 2021 7:07 amWorked for someone high up in a national chain and their normal gross profit is around £900 on a used car, currently sitting around £1200 but that will reduce as their buy in costs increaseJobbo wrote: Thu Sep 30, 2021 12:06 am Probably not for the Randomness thread, since it’s fairly car related….
Their margins look thin from the article. Gross profit £670 per car; looks as if they’re aiming at the same sort of margins as new car sales. Turnover up a lot though; they could potentially make a profit because it appears they’ve invested heavily in reconditioning businesses.
Cinch are just a WBAC/BCA outlet so they’ll be solid. The number of other random car sales brands with similar names and ads appearing on Facebook now is quite scary though.
Re: Randomness
Posted: Thu Sep 30, 2021 10:51 am
I suspect they make more from selling finance than the actual cars.
Re: Randomness
Posted: Thu Sep 30, 2021 2:10 pm
Re: Randomness
Posted: Thu Sep 30, 2021 2:29 pm
Re: Randomness
Posted: Thu Sep 30, 2021 3:07 pm
very much a 1 trick pony, but Rod Hull performed that trick to absolute perfection. 
Re: Randomness
Posted: Thu Sep 30, 2021 4:22 pm
It's great isn't it!mik wrote: Thu Sep 30, 2021 3:07 pm
Re: Randomness
Posted: Fri Oct 01, 2021 12:53 pm
Re: Randomness
Posted: Fri Oct 01, 2021 1:44 pm
Re: Randomness
Posted: Fri Oct 01, 2021 3:00 pm
Re: Randomness
Posted: Fri Oct 01, 2021 8:12 pm
Excellent posts
Re: Randomness
Posted: Sat Oct 02, 2021 8:15 am
Re: Randomness
Posted: Sat Oct 02, 2021 11:56 am
^ I like Tim's stuff
Wrapped Reichstag
Wrapped Reichstag
Re: Randomness
Posted: Sat Oct 02, 2021 11:56 am