CarLotz Opens in the Mile High City
July 26 2021 - 9:03AM
CarLotz (NASDAQ: LOTZ), the nation’s largest
consignment-to-retail used vehicle marketplace, announced today it
has opened its first hub in Colorado. Located at 8120 West Tufts
Avenue, the hub will serve guests throughout the greater Denver
community and beyond.
“I am thrilled the day is here that guests in the Mile-High city
are able to experience CarLotz’s one-of-a-kind
consignment-to-retail model,” said Michael Bor, Co-Founder and CEO
of CarLotz. “Our expansion into the Southern Rockies coupled with
our recent announcement about our planned opening in Las Vegas
means we are closer to creating the world’s best buying and selling
experience for our guests,” Bor continued. “And a sincere thanks
goes out to my team members for making days like today possible --
they are truly special.”
CarLotz continues its rapid expansion, providing its full
omnichannel offerings to guests in California, Colorado, Florida,
Illinois, North Carolina, Tennessee, Texas, Virginia and Washington
State as well as Georgia and Missouri (both 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/171b9c12-876a-4151-a3a1-8c982829f8d6
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