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Jan 18, 2024 · 19. 4.2K views 5 months ago UNITED KINGDOM. Wondering what buying a car online is like? This is the easy way to buy a car from cinch!
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Mar 15, 2024 · If you're confused by the 'two-child benefit cap' and what it really means, MoneySavingExpert.com founder Martin Lewis has shared a quick and simple briefing to clear up much of the misinformation. His video below takes you through the benefit cap and the limits for Child Benefit and Universal Credit.
Welcome to the home of cinch car reviews, where we put the latest, greatest and most interesting cars to the test. And up against the stopwatch…
- What Is Cinch?
- Who Owns Cinch?
- Why Was Cinch launched?
- How Does Cinch Work?
- Does Cinch Offer Car Finance?
- Who Are Cinch’s Rivals?
- Is Cinch Profitable?
- Cinch in The Headlines
- 2022
- 2021
Cinch’s marketing strapline is ‘cars without the faff’ and its website goes further, saying: ‘We make it easy for you to find, buy and own your perfect car by removing the faff. You do the clicking, we do everything else.’ In essence, Cinch is a used car dealer that sells cars to customers on the internet. It promises customers can buy online with ...
It’s part of the Constellation Automotive Group (CAG) powerhouse, and Cinch is just one of its brands. Others include auction firm BCA, WeBuyAnyCar and the much-respected car dealer group Marshall Motor Group. CAG operates many businesses and subsidiaries, but the BCA, WeBuyAnyCar, Marshall and Cinch relationship is savvy as all businesses conseque...
Cinch originally launched as a classified website in 2019 and partnered with dealers and used car supermarkets. It cost £2.5m to develop and was an Auto Trader rival in many respects. It allowed buyers to find their perfect used car from a trusted car dealer, and only listed cars that were less than seven years old and had covered 70,000 miles or l...
It’s perfectly simple – customers visit the Cinch website and choose their used car. At the time of writing, Cinch had more than 1,500 SUVs, 4,200 hatchbacks and 700 EVs in stock, plus hundreds of coupes, estates and MPVs available. On one car we selected, there were 20 images and internal and external 360-degree images. The car’s options and servi...
It does. Monthly payments or a ‘pay in full’ option is offered with each car offered on Cinch’s platform. Each car listing also features a finance calculator so customers can create their own finance deal and check their finance eligibility. Customers can also be upsold a ‘CinchCare’ plan that comprises a lifetime warranty, servicing and breakdown ...
Cinch was one of three online used car dealers that came to the fore in 2020. An early rival was Carzam, which was launched in 2020 by Big Motoring World’s Peter Waddell and industry veteran John Bailey. The pair ploughed £50m into Carzam when establishing it, but the business went into voluntary receivership on June 1, 2022. You can watch our revi...
Latest accounts (at the time of writing) filed with Companies House for the year ended April 3, 2022 show Cinch Cars Ltd recorded a £149.1m pre-tax loss, or £126.7m after tax. The pre-tax loss was a significant 578 per cent change from the £22m loss the firm made the year before. Revenue stood at £815.6m while cost of sales were an £810.1m loss.
Cinch has had its fair share of media attention since it launched. Here, we list the major Cinch headlines from the Car Dealer Magazine website.
Jul 7, 2022 · Cinch is a popular website to find and buy second-hand cars. Part of the same group as British Car Auctions and WeBuyAnyCar, its aim is to offer a ‘faff-free online car service’. All used cars ...
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