Big Motoring World has four sites. According to the Motor Trader Top 50 Independent Dealers it had turnover of £219.4m in 2019. Bailey, now a business investor, has been linked to the project since January 2019.
There are no details on the website investment or growth strategy.
Bailey said: “I’m excited to announce my involvement in this venture, Carzam, with the genuine opportunity to develop a used car buying experience with an Amazon-style promise of next day delivery.
“I truly believe that this is the way forward for our industry and our ambitions can only be achieved with a strong team of industry professionals, coupled with the experience of a successful used car retailer.
“Together with the infrastructure of Big Motoring World, which includes the new state of the art Peterborough National Preparation centre, which has the capacity of turning around 8000 cars per month, we have all of the necessary operational facilities, components and most importantly the retail experience required to be successful from day one at our fingertips.
Read more here