SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* DEALER SERVICES CORP (Last) (First) (Middle) 1320 CITY CENTER DRIVE SUITE 100 (Street) CARMEL IN 46032 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 06/15/2009	3. Issuer Name and Ticker or Trading Symbol CARBIZ INC [ CBZFF.OB ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	126,562	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (right to buy)	06/15/2009	06/15/2014	Common Stock	30,781,800	$0.08	D
Warrant (right to buy)	02/20/2009	02/28/2014	Common Stock	750,000	$0.08	D
Warrant (right to buy)	02/09/2009	02/28/2014	Common Stock	9,718,289	$0.03	D

1. Name and Address of Reporting Person* DEALER SERVICES CORP (Last) (First) (Middle) 1320 CITY CENTER DRIVE SUITE 100 (Street) CARMEL IN 46032 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ANGELO GORDON & CO LP/NY (Last) (First) (Middle) 245 PARK AVENUE (Street) NEW YORK NY 10167 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ANGELO JOHN M (Last) (First) (Middle) 245 PARK AVENUE (Street) NEW YORK NY 10167 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* GORDON MICHAEL L (Last) (First) (Middle) 245 PARK AVENUE (Street) NEW YORK NY 10167 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

Remarks:

Angelo, Gordon & Co., L.P. is a Delaware limited partnership ("Angelo Gordon"). JAMG LLC, a Delaware limited liability company, is the General Partner of AG Partners, L.P., a Delaware limited partnership ("AG Partners"), which is the sole general partner of Angelo Gordon. Mr. Angelo is the chief executive officer of Angelo Gordon and a managing member of JAMG LLC, along with Mr. Gordon, the other managing member of JAMG LLC. All of the securities reported herein by Angelo Gordon and Messrs. Angelo and Gordon are held for the account of certain private investment funds and accounts for which Angelo Gordon acts as investment adviser. The filing of this statement shall not be deemed an admission that Angelo Gordon, Mr. Angelo or Mr. Gordon is the beneficial owner of any securities not held directly for its account for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.

	/s/ John C. Wick, General Counsel & Secretary of Dealer Services Corporation	06/24/2009
	/s/ John M. Angelo, CEO of Angelo, Gordon & Co., L.P.	06/25/2009
	/s/ John M. Angelo	06/25/2009
	/s/ Michael L. Gordon	06/25/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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