Cazoo delivered its 100,000th used car last week and rewarded the customer with a full refund. The company claims it has become one of the UK’s largest used car retailers with CEO Alex Chesterman saying “consumers love what we are doing as evidenced by the overwhelmingly positive reviews we receive each day”. Cazoo is targeting a 5% share of the UK used car market.

The company last week announced quarterly gross profit per unit of £488 (a 3.0% gross margin), compared to £801 last year. Vehicles sold was up 82% and UK revenue up 103%.