Carlotz Announces First Hub in the Silver State
July 22 2021 - 9:03AM
CarLotz (NASDAQ: LOTZ), the nation’s largest
consignment-to-retail used vehicle marketplace, announced today it
will open its first hub in Nevada. The hub, located at 4701 West
Sahara Avenue, in Las Vegas is expected to open by the end of the
year.
“Las Vegas is a vibrant community filled with passionate car
buyers and sellers,” said Michael Bor, Co-Founder and CEO of
CarLotz. “With nearly 30,000 square feet to serve our guests, this
will be one of CarLotz’s largest hubs opening this year and we are
confident our one-of-a-kind service, value and inventory will prove
to be a winning combination for the people of Las Vegas and the
surrounding area.”
CarLotz is on a mission to create the world’s best vehicle
buying and selling experience for its guests. The company’s entry
into Nevada and expansion into the Southwest is an important step
towards making that goal a reality and will allow even more guests
to experience the benefits that come with buying and selling
through its unique consignment model. Those benefits include:
- Every vehicle undergoes a 133-point
inspection.
- CarLotz Sales Coaches are
non-commissioned, and CarLotz prices are haggle-free, so our only
job is to make sure you leave happy with the vehicle you want.
- Shop how you want: You can purchase
a vehicle online and we will deliver it, or you can come in, work
with our highly trained sales coaches in person and test-drive your
next vehicle before you purchase it.
- CarLotz offers financing options for
everyone, and everyone has three days to exchange their purchase
for whatever reason and a 30-day warranty.
- We’ll buy your car, or you can
consign through us, even if you aren’t in the market to make a
purchase.
CarLotz continues its rapid expansion, providing its full
omnichannel offerings to guests in California, Florida, Illinois,
North Carolina, Tennessee, Texas, Virginia and Washington State as
well as Colorado, Georgia, and Missouri (all three coming
soon).
CarLotz is currently hiring for dozens of open positions
including sales coaches, service techs, managers, and other roles
at locations around the country. To learn more and apply,
visit www.carlotz.com/careers or reach out
to careers@carlotz.com.
For additional information, visit carlotz.com.
About CarLotz
CarLotz is a used vehicle consignment and Retail Remarketing™
business that provides our corporate vehicle sourcing partners and
retail sellers of used vehicles with the ability to access the
previously unavailable retail sales channel, while simultaneously
providing buyers with prices that are, on average, below those of
traditional dealerships. Our mission is to create the world’s
greatest vehicle buying and selling experience. We operate a
technology-enabled buying, sourcing, and selling model that offers
a seamless omnichannel experience and comprehensive selection of
vehicles, while allowing for a fully contactless end-to-end
e-commerce interface that enables no-hassle buying and selling.
Our proprietary Retail Remarketing™ technology provides our
corporate vehicle sourcing partners with real-time performance
metrics and data analytics, along with custom business intelligence
reporting that enables price and vehicle triage optimization
between the wholesale and retail channels. Through our marketplace
model, we generate significant value for both sellers and buyers
through price, selection, and experience.
CONTACTS:
Media InquiriesCarLotzPR@icrinc.comleslie.griles@carlotz.com
Analyst Inquiries CarLotzIR@icrinc.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3bac826a-6dfb-4fbc-ba36-94e8ed448d92
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