Online used car start-up Cazoo has announced that it has signed a long-term agreement with auction house BCA for a dedicated vehicle
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Alex Chesterman, Cazoo[/caption]
preparation site in Corby, Northamptonshire.
The Corby site will be extensively refurbished and upgraded later this year to create a market-leading preparation, processing and imaging facility with the capacity to refurbish upwards of 50,000 cars per year and store over 6,000 cars.
This agreement follows Cazoo signing a commercial partnership with BCA last month covering logistics and refurbishment. Cazoo secured £30 million of funding at the end of last year, making it one of Europe’s best-funded start-ups.
Alex Chesterman, Founder of Cazoo said: “BCA are the leading provider of remarketing and automotive services in the UK and we look forward to working closely with them as we develop our business. Having a dedicated preparation site will allow us to achieve the highest standards and deliver the UK’s best used car buying experience.”
Avril Palmer-Baunack, Executive Chairman, BCA commented, “We are delighted to have entered a long-term agreement with Cazoo to develop a state-of-the-art preparation centre in Corby. We look forward to working with this exciting and innovative automotive start-up and supporting their business needs with our expertise.”
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