Used car prices strong and stock levels stable in first half of 2026, reports Cazoo Market View
Used car prices continued to realign and dealer stock levels remained constant in June, maintaining trends that have driven stability across the first half of the year, according to the latest Cazoo Market View. The average price of a used car on Cazoo was £17,471 in June, a drop of 0.9% (£155) month-on-month (MoM) but […]
Cazoo integrates with WhatsApp to drive fast response times for dealers
Cazoo has responded to requests from dealer partners to add WhatsApp functionality to its mobile website and app, enabling car buyers to communicate directly with retailers via the popular messaging service. Free for dealers and available now, the addition of WhatsApp is expected to deliver fast response times as retailers will be able to access […]
Most buyers still want to view, test drive and purchase next car at dealerships
Buyers still want to see cars in the metal and purchase them at dealerships, rather than conduct part or all of the process online. The latest Cazoo Consumer Insight Panel, which polled the views of 2,008 car buying decision makers, found nearly three-quarters (72%) want to see, test drive and buy at a dealership. This […]
Cazoo reports stable used car prices and stock levels in May, as buyer interest in older cars continues to rise
Used car prices and dealer stock levels remained stable in May as buyer interest in older cars continued to rise, according to the Cazoo Market View. The average price of a used car on Cazoo was £17,655, down just £23 from April but up 2.8% year-on-year (YoY). Prices across franchised and independent dealers were virtually […]
Cazoo promotes Lucy Tugby to Chief Marketing Officer
Cazoo has promoted Lucy Tugby to the position of Chief Marketing Officer (CMO). In her new role, working closely with dealer partners and internal stakeholders, she will lead the next phase of Cazoo’s challenger marketing strategy. Tugby joined the business in 2019 and led the transition from eBay ownership to Motors and managed the rebranding […]
Nearly one in four car buyers expect next purchase to be an EV, as consideration hits new high
Electric vehicle (EV) consideration has reached a record high with nearly one in four buyers expecting to make the switch in the next purchasing cycle. Research for the latest Cazoo & Motors Consumer Insight Panel, polling the views of over 2,000 buyers, found 24% expect their next car to be an EV, up from 21% […]
Cazoo appoints Thomas Orthgiess as Chief Product Officer
Cazoo has appointed Thomas Orthgiess to the role of Chief Product Officer (CPO), marking the first senior leadership appointment since Motors announced it will rebrand as Cazoo on 26 May. Having amassed considerable senior-level experience in the sector, Orthgiess joins from La Centrale, which became one of France’s leading automotive marketplaces during his tenure as […]
Cazoo launches UK’s first ChatGPT app for car searches
Cazoo, the used car marketplace, has launched the UK’s first ChatGPT app for car searches. The app was developed by Cazoo’s in-house team to provide a conversational AI search tool to replace traditional search filters. Buyers can use the app within ChatGPT to specify their vehicle requirements (eg family-size car, five-doors, under £15,000, within a […]
44% of non-EV owners will consider switching to electric if pump prices breach £2.00 per litre, finds Cazoo & Motors research
Rising fuel costs could prompt over two in five non-EV car owners to consider switching to electric vehicles (EVs), according to research by Cazoo & Motors. The latest Consumer Insight Panel, which polled the views of 2,008 car buying decision makers, found 44% of non-EV owners will seriously consider electric alternatives if fuel prices hit […]
Middle East war impacting purchasing decisions for some car buyers, finds Cazoo & Motors consumer survey
The war in the Middle East is having a direct impact on car purchasing decisions, with some buyers citing it as a reason to delay their next purchase, according to Cazoo & Motors research. The latest Consumer Insight Panel survey was conducted in March, three weeks after hostilities started, and polled the views of 2,008 […]