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Posted

The figure quoted was a quarter sales, it is obvious that it is less all overheads.

Posted

That's only margin though per unit sale. 

 

They will also be getting a financial kickback for each finance sold. 

Posted

Well I have finally made a purchase. Wasn’t too keen on a Carbon, as a child of the 1950’s a black bonnet on anything other than a black car is rather incongruous. Likewise I usually go for somber colours, I have had many silver cars.

 

So I bought this…….

Oh dear……

F1986E84-B2FB-4434-A744-0C4DCE95DF1C.jpeg

  • Like 5
Posted
12 hours ago, B1RMA said:

The figure quoted was a quarter sales, it is obvious that it is less all overheads.

I’ve read that it’s gross profit, but can’t find the source of that. 

Cazoo are one of a number or similar tech companies looking to grow their market share as quickly as possible to cash in on an IPO. 
 

There’s a really interesting article here: https://www.standard.co.uk/business/cazoo-spac-shares-ipo-alex-chesterman-b935891.html#comments-area

 

 

  • Like 1

Posted
10 hours ago, Plasticrat30 said:

Well I have finally made a purchase. Wasn’t too keen on a Carbon, as a child of the 1950’s a black bonnet on anything other than a black car is rather incongruous. Likewise I usually go for somber colours, I have had many silver cars.

 

So I bought this…….

Oh dear……

F1986E84-B2FB-4434-A744-0C4DCE95DF1C.jpeg

Well isn't that bootiful

Posted

And I’ve just been sent a job opebing by one of my agents for Management Accountant @ Cazoo. How strange. (I’m a freelance accountant) Not for me though, happy where I am.

congrats on the car! I’m starting to wish I bought a carbon in blue....

Posted
11 hours ago, Plasticrat30 said:

Well I have finally made a purchase. Wasn’t too keen on a Carbon, as a child of the 1950’s a black bonnet on anything other than a black car is rather incongruous. Likewise I usually go for somber colours, I have had many silver cars.

 

So I bought this…….

Oh dear……

F1986E84-B2FB-4434-A744-0C4DCE95DF1C.jpeg

Well done, nice looking car.

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