Second-hand cars for Tesco

TESCO has launched into the second-hand car market in Britain in the group’s latest venture to expand outside traditional supermarket retailing.

Tesco Cars went live online yesterday offering an internet-only service for buyers of used cars.

Its move to tap into the £24 billion (€27.17bn) motor market comes after Tesco bought a significant minority stake in online dealership Carsite for an undisclosed sum.

Tescocars.com will advertise up to 3,000 cars a week sourced from hire and lease fleets — and will reward shoppers with 2,000 Tesco Clubcard points if they buy a vehicle through the site.