Investor Presentaiton
COVID has accelerated shift from offline to online
£22
Shift to online
• 64% of consumers would now buy used
cars online [36% pre-COVID]*
• Shift to online will continue and be
permanent given poor legacy experience
Increased consumer discovery of new
and better way of transacting
Weakened incumbents
• Offline incumbents' activity has been.
permanently impaired
.
High fixed costs, limited online
presence and lack of brand awareness
Disruption to new car market reduces
no. of traditional used car dealerships.
Car ownership
• 44% of public transport users
reducing or stopping use
*
• 48% of ride-sharing and taxi
users reducing or stopping use*
• 15% of used car buyers hadn't
previously planned to purchase*
*Source: CarGurus – UK COVID-19 Sentiment Study
CAZOO Investor Presentation - March 2021
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