{"id":921864,"date":"2026-10-09T13:20:14","date_gmt":"2026-10-09T13:20:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/921864\/"},"modified":"2026-10-09T13:20:14","modified_gmt":"2026-10-09T13:20:14","slug":"ozcar-used-car-giant-plunges-into-administration-90-workers-sacked","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/921864\/","title":{"rendered":"OzCar: Used car giant plunges into administration, 90 workers sacked"},"content":{"rendered":"

Used car giant OzCar has entered voluntary administration, with 90 workers losing their jobs and four NSW<\/a> dealerships closing.<\/p>\n

Documents lodged with ASIC show voluntary administrators were appointed<\/a> on Thursday, affecting dealerships in Penrith, Cardiff and Gosford, as well as OzCar\u2019s headquarters in Lansvale.<\/p>\n

\"\"<\/p>\n

Used car giant OzCar has entered voluntary administration, with 90 workers losing their jobs and four NSW dealerships closing.\u00a0Supplied<\/p>\n

About a dozen franchised dealerships remain operating across NSW, Queensland<\/a> and Victoria<\/a>.<\/p>\n

The collapse comes weeks after A Current Affair investigated OzCar following widespread complaints involving faulty vehicles, expensive financing, and unaddressed customer issues.<\/p>\n

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.<\/p>\n

They told A Current Affair the car developed problems soon after purchase, including entering \u201climp mode\u201d on a freeway and failing to accelerate.<\/p>\n

The couple said the vehicle was later taken away by OzCar for repairs and was never returned to them.<\/p>\n

\u201cWe had the car for about 18 months, but in that total time\u2026 we had it in the driveway for four days,\u201d Shaz said.<\/p>\n

Following advice from the Australian Competition and Consumer Commission (ACCC) and the Australian Financial Complaints Authority (AFCA), the couple paused their loan repayments while the vehicle was unaccounted for.<\/p>\n

\"When<\/p>\n

When Melbourne couple Shaz and Daz bought a used MG as an engagement present, they believed they were dealing with one of Australia\u2019s most reputable national used car networks.\u00a0Nine<\/p>\n

It wasn\u2019t long before debt collectors pounced.<\/p>\n

\u201cThe debt collectors were ringing daily \u2013 some days two, three, four phone calls, a couple of days up to eight phone calls,\u201d Shaz said.<\/p>\n

\u201cAbsolutely harassing us for money that we haven\u2019t got for them.\u201d<\/p>\n

Daz said the ordeal had taken a serious toll.<\/p>\n

\u201cIt\u2019s affecting my mental health, my wife\u2019s mental health,\u201d he said.<\/p>\n

\u201cI think the stress really caused the stroke. I can\u2019t keep down a full-time job, I can\u2019t concentrate, I can\u2019t work, I can\u2019t sleep.\u201d<\/p>\n

The MG was eventually sold at auction by the financier for $5000 after the loan repayments stopped.<\/p>\n

\"\"<\/p>\n

Following A Current Affair\u2019s investigation, OzCar cleared the remaining $22,990 balance on the couple\u2019s loan.\u00a0Supplied<\/p>\n

Following A Current Affair\u2019s investigation, OzCar cleared the remaining $22,990 balance on the couple\u2019s loan and paid them an additional $5000.<\/p>\n

Another customer featured in the investigation, Sydney mother-of-two Natasha, said she experienced repeated mechanical problems after paying $30,000 for a Hyundai SUV through OzCar\u2019s Campbelltown dealership.<\/p>\n

\u201cI honestly was scared to drive my car to be honest, especially having young kids,\u201d she said.<\/p>\n

OzCar later accepted the return of Natasha\u2019s vehicle and issued a refund.<\/p>\n

The company had also faced action from NSW Fair Trading after an investigation into its sales practices.<\/p>\n

Fair Trading Commissioner Natasha Mann said the regulator imposed the maximum available fines, with the company fined $50,000 and directors fined $11,000.<\/p>\n

\u201cWe hit them with the maximum fines that are available to us under the law,\u201d Mann said.<\/p>\n

A Current Affair confronted OzCar co-owner Brett Dale about the complaints and regulatory action.<\/p>\n

\u201cWe sell great cars to great people,\u201d Dale said.<\/p>\n

\u201c24,000 cars over 28 years\u2026 If we weren\u2019t doing something right, we wouldn\u2019t be here.\u201d<\/p>\n

A Current Affair contacted OzCar following the appointment of administrators and was told customers with concerns should contact the voluntary administrators directly.<\/p>\n","protected":false},"excerpt":{"rendered":"Used car giant OzCar has entered voluntary administration, with 90 workers losing their jobs and four NSW dealerships…\n","protected":false},"author":2,"featured_media":921865,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[64,63,99],"class_list":["post-921864","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-au","tag-australia","tag-business"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/921864","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=921864"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/921864\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/921865"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=921864"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=921864"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=921864"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}