Cazoo sales halve

  01 November 2023

Cazoo sales have halved year-on-year from 23,775 vehicles to 12,021.

Revenue was also down 50%, to £173m, in the three months to the end of September.

However, profit per unit tripled, from £488 to £1,470. Gross profit grew from £10m to £11m in the quarter.

Cazoo expects a full-year loss of between £100-£120m, considerably down from last year’s £525.5m loss.

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imageTags: Cazoo

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