Tech Disrupting Used Car Market

“The value of the entire UK used car market at the end of 2014 was believed to be £45.1 billion, with a ratio of 2.9 used cars to every new car.”

“Interestingly, for such a huge market, not many dealerships enjoy the kind of reputation that makes them stand out from the crowd. Cargiant is the largest dealer in the UK, responsible for the sale of approximately 700k cars each year (nearly 10% of all cars sold), but there are thousands of other recognised dealers. The market is fragmented and in terms of customer service or value for money, no one brand stands out…”

Great write up by Edmund Ingham.

Carcela is here to stay!

https://www.forbes.com/sites/edmundingham/2015/09/10/can-tech-start-up-carspring-disrupt-the-42bn-used-car-market-in-the-uk/#3a40dd2d4b4b

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