Why invest?

Investment case

✓ More than 25 years of customer insight and innovation

✓ Retail sales of nearly new vehicles – mainly focused on those under four years and less than 40,000 miles

✓ Increased use of data to inform buying and pricing decisions meaning we always deliver great value for customers

✓ Trade sales through digital auction site for vehicles not meeting our retail criteria

✓ Nationwide store network and significant opportunities across the country remain

✓ Industry leading inventory management, vehicle reconditioning, logistics and store operations expertise

✓ Agility, reacting with speed to market conditions helping ensure continued market share growth

✓ Lean cost base

✓ Working hard to be the most environmentally friendly used car retailer

Customers prefer to buy used cars on an omnichannel basis, combining digital channels with physical touchpoints