Car buyers have been left without vehicles they have paid for following the collapse of an online buying platform.
Carconnect has entered voluntary administration last week, leaving some customers up to tens of thousands of dollars out of pocket and unable to collect their vehicles.
The business, which started in the early 2000s, was one of the first online car platforms in the Australian market, connecting buyers with dealers.
Customers could use the platform to compare models and have Carconnect negotiate on their behalf.
On February 26, the Sydney-based platform entered voluntary administration, appointing RSM Australia, with the first creditors report released on Monday.
“The Company has ceased trading and processing orders. The…

