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CarLotz Plant Roots in the Rockies

CarLotz Denver CarLotz opens in Denver. Retail Consignment Auto Company Plans First Colorado Hub RICHMOND, Virginia, June 1, 2021 (GLOBE NEWSWIRE) – CarLotz (NASDAQ: LOTZ), the nation’s largest retail consignment used vehicle market, announced today its opening a hub in Denver, Colorado. Located at 8120 West Tufts Avenue in Denver, the hub is CarLotz’s premier hub in Colorado and the Rockies. It should open later this year. “Anticipation around this hub has grown and we are excited to bring our unique model of retail consignment to the town of Mile-High,” said Michael Bor, Co-Founder and CEO of CarLotz. “Along with the announcement of our exciting entry into St. Louis, we continue to grow across the country and in the Southern Rockies. It feels like we just can’t grow up fast enough, ”Bor continued. “We remain grateful to our team members for helping us explain the benefits of buying and selling through our consignment model,” Bor continued. “Once our client understands that the real, tangible benefits we provide often generate, on average, up to $ 1,000 or more in value, our job is done.” CarLotz’s mission is to create the world’s best vehicle buying and selling experience for consumers and commercial shippers. This expansion into Colorado, coupled with its recent growth in the West, Southeast and Midwest, underscores CarLotz’s commitment to this mission. The company operates its full omnichannel offering from hubs in Virginia, North Carolina, Florida, Illinois, Tennessee, Texas, Washington State and California (opening soon). CarLotz is currently recruiting for dozens of vacancies, including sales coaches, service technicians, managers and other roles at the new Denver location as well as several other locations across the country. To learn more and to apply, visit or contact [email protected] For more information, visit About CarLotz, Inc. CarLotz is a used vehicle consignment and retail remarketing ™ company that provides our corporate vehicle supply partners and used vehicle retailers with the ability to ” access the previously unavailable retail channel, while offering buyers prices that are, on average, lower than traditional dealers. Our mission is to create the best vehicle buying and selling experience in the world. We operate a technology-driven buying, sourcing and selling model that delivers a seamless omnichannel experience and a comprehensive vehicle selection, while enabling a fully contactless end-to-end e-commerce interface that allows for hassle-free buying and selling. Our proprietary Retail Remarketing ™ technology provides our business vehicle research partners with real-time performance metrics and data analytics, as well as customized business intelligence reports that enable price and vehicle sorting optimization between. the wholesale and retail channel. Through our market model, we generate significant value for sellers and buyers through price, selection and experience. CONTACTS: Media Inquiries [email protected] [email protected] Analyst Inquiries [email protected] A photo accompanying this announcement is available at 1a92a00b-1adb-471e- 8a7e-aafcfae725cf


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