Cazoo Group Ltd.

12/01/2021 | Press release | Distributed by Public on 12/01/2021 06:29

1 December 2021Cazoo launches in France and Germany.

1 December 2021

Cazoo launches in France and Germany

…driving its expansion into mainland Europe

  • Launch in France & Germany follows highly successful UK launch 2 years ago
  • Cazoo makes buying a car as simple as buying any other product online today
  • Sold over 45,000 cars online since its launch in the UK less than two years ago
  • Team has grown to over 3,800 across UK, France, Germany, Spain & Portugal

Cazoo (NYSE: CZOO), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has now launched its service in both France and Germany, delivering better selection, value, transparency, convenience and peace of mind to consumers in mainland Europe when buying their next car.

Cazoo owns and reconditions its cars to the highest standard before offering them for delivery in just a few days and has hundreds of cars available in France (www.cazoo.com/fr) and Germany (www.cazoo.com/de). With customers able to purchase a car entirely online and have it delivered directly to their door, Cazoo has been referred to as the 'Amazon of the used car market'.

Cazoo customers can review high quality, 360-degree images from the comfort of their home as well as the details of the car's features and history, try it out at home for up to 7 days to make sure they love it, and if they don't Cazoo will collect it for free. Every Cazoo car in France and Germany comes with a full 7-day money back guarantee as well as a 12-month warranty.

Cazoo was founded in 2018 by serial British entrepreneur Alex Chesterman and has already sold over 45,000 cars in the UK since its launch less than two years ago, as consumers have embraced the selection, value, transparency and convenience of buying used cars fully online. Cazoo has built a world class team of over 3,800 across the UK, France, Germany, Spain and Portugal.

Following its launch in both France and Germany today, Cazoo intends to grow its inventory to thousands of cars as it expands across Europe over the coming months as well as adding many new features to its EU proposition including buying cars directly from consumers, fully digital car financing and all-inclusive monthly car subscriptions.

Cazoo has been one of the fastest growing businesses in Europe over the past few years, pioneering the shift to online car buying, and recently listed on the NYSE in August, raising over $800m to further build out its brand and infrastructure as it looks to continue to transform the car buying and selling experience across the UK and throughout mainland Europe.

Alex Chesterman, Founder & CEO of Cazoo said: "We are very excited to have launched in both France and Germany today. We have reimagined car buying to make it simple and convenient whilst adding transparency and quality to give consumers total peace of mind when buying their next car. With Cazoo, you can purchase a used car entirely online, have it delivered to your door in a few days and have a week to make sure it fits your lifestyle. We have great teams in both France and Germany and look forward to expanding into further markets and delivering a new and best-in-class car buying experience to consumers across mainland Europe."