What happened to carcraft?

What happened to carcraft?

Carcraft was an independent group of used car hypermarkets established in 1951 in Rochdale, Greater Manchester, England, with eleven locations around the country….Carcraft.

Industry Automotive
Founded 1951
Founder Frank McKee
Defunct 30 April 2015
Fate In administration

Is carcraft a trade center?

Formerly a Carcraft superstore, the facility – its first Trade Centre UK – has undergone a multi-million pound investment. The Trade Centre Wales, which last year had a turnover of £94m, is forecasting revenues of £150m this year.

What happened car supermarket?

The Sytner Group acquires high quality independent retailer – The Car People. Sytner Group are happy to announce that we have now signed an agreement to acquire The Car People Limited – nearly doubling the size of our Used Vehicle Supermarket Division.

Why did carcraft go into administration?

But a statement added that the Carcraft Group ‘has suffered from poor market reputation, lack of investment, a high cost base, expensive loan note financing and an insolvent balance sheet’. The firm is also described as having made annual losses of around £8m a year ‘for a number of years’.

Which trade Centre UK is the biggest?

“Our showroom has the same look and feel as our other showrooms in Neath, Merthyr, Cardiff North and our first showroom outside of Wales in Wednesbury – but is the largest in the group and actually the largest showroom in Europe.

Why are second hand cars so expensive?

Post-lockdown demand and semiconductor shortage both contribute to used car prices hitting an unprecedented level. Used car prices have shot up to an unprecedented level, with drivers paying more on average than ever before to secure a second-hand motor.

What is Cat C?

What are Cat C cars? Cat C cars are repairable, but the cost of repair is more than the value of the car. Category C cars are now known as Category S – meaning they are Structurally Damaged. This is more serious than Cat D/N. Cat C cars will have more damage than Cat D cars.

What is the all new Carcraft?

The all new Carcraft is a website featuring thousands of quality used cars, all available from independent dealers we know & trust from across the UK, all of whom have been through our rigorous approval process. Which means whatever car you choose on this website, you’re sure to be driving away happy.

What’s the APR on used cars from Carcraft?

We found? used cars that match your search. Rates from 7.9% APR. Carcraft has changed in that we no longer have any physical dealerships.

Is there a closed down car dealership in Leeds?

Carcraft Leeds (CLOSED DOWN) is an Franchise dealership that is based in Leeds. If you’re the owner or employee of this business, please send us a little bit of information about your dealership and why customers should come and visit.

Is Carcraft regulated by the FCA?

Carcraft.co.uk is a trading name of EGFV Rix Limited and is authorised and regulated by the Financial Conduct Authority, registration number 717254. Carcraft.co.uk is authorised to provide credit broking activities. Carcraft.co.uk only introduces finance enquiries to Carfinance247 Ltd.


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