Used car giant OzCar has entered voluntary administration, with 90 workers losing their jobs and four NSW dealerships closing.
Documents lodged with ASIC show voluntary administrators were appointed on Thursday, affecting dealerships in Penrith, Cardiff and Gosford, as well as OzCar’s headquarters in Lansvale.
Used car giant OzCar has entered voluntary administration, with 90 workers losing their jobs and four NSW dealerships closing. Supplied
About a dozen franchised dealerships remain operating across NSW, Queensland and Victoria.
The collapse comes weeks after A Current Affair investigated OzCar following widespread complaints involving faulty vehicles, expensive financing, and unaddressed customer issues.
Among those customers were Melbourne couple Shaz and Daz, who bought a used MG as an engagement present after securing $22,990 in finance through OzCar.
They told A Current Affair the car developed problems soon after purchase, including entering “limp mode” on a freeway and failing to accelerate.
The couple said the vehicle was later taken away by OzCar for repairs and was never returned to them.
“We had the car for about 18 months, but in that total time… we had it in the driveway for four days,” Shaz…