You may have heard that Cazoo’s world is crumbling around it, with the used-car sales operator that arrived in a blaze of pricey marketing having endured an 85% collapse in its share price since it floated last August.
Many excuses are being touted for that reversal in fortunes, but the market seems to have finally worked out that while nothing is fundamentally wrong with the business of selling used cars, Cazoo isn’t the disruptor it thinks it is.
