How clever used car valuations site saves dealers a headache; Plus Cazoo’s collapse and Ford finishes last

Here's my take on the biggest Car Dealer headlines all digested for you in one place

Good morning and welcome to another weekly round-up of the motor trade headlines you really can’t miss.

This week there’s been more insight into Cazoo’s collapse – and the eye watering bills it has clocked up with its administrators. Shockingly, the failed used car dealer still owes creditors more than £259m, including nearly £10m to the tax man.

Elsewhere, I’ve been playing around with used car valuations platform Percayso and have been impressed by its results and we’ve named and shamed the best car makers to represent – I’m still shocked Ford languished at the bottom.

Also featured this week are:

• Chinese brand survey

• Used car market predictions

• Vertu trading update

• Leapmotor’s pop-up store stunt

• JLR plant fire

• Hottest new EVs

• Waddell back in headlines

• Citroen’s don’t drive warning

• Arnold Clark gift

Ok, let’s get into the headlines and my take on the week’s news.

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What’s happening?

Buying used cars is a lot like detective work. As a rookie, it’s very easy to make mistakes and land yourself with a whopping bill. There’s hidden history to worry about, mechanical gremlins and lots of other things that can eat into your margin.

But the biggest challenge is valuations. If you deal in newer cars it’s a bit easier – you find out what you can sell it for on Auto Trader and work back. But when you’re picking up older stuff, the sort of cars that Auto Trader has no data on, it can get really hard.

My stock often slips into the older bracket and recently I’ve been using trade valuations platform Percayso to help me out. And I think it’s a bit of a hidden gem. Here’s why…