CarLotz Announces Hub Network Launch

By Staff Writer January 12, 2021

CarLotz Inc, a consignment-to-retail used vehicle marketplace, announced its plans to roll out a nationwide hub network to deliver a better used vehicle buying and selling experience to new markets.

As the first step in the company’s nationwide expansion, CarLotz will expand into the Seattle/Lynnwood, Wash., market and will also open a new hub in Orlando/Merritt Island, Fla., by Feb. 1, which will expand the company’s capacity to serve more used car buyers and sellers with the company’s unique consignment-to-retail business model. Following these openings, the company plans to launch hubs throughout the year in Arizona, California, Colorado, Georgia, Massachusetts, Nevada, Tennessee and Texas.

“I am excited to announce that we are bringing our unique consignment-to-retail experience to new buyers and sellers of used vehicles in these two markets as we execute on our national expansion and growth plans for 202,” said Michael Bor, CEO and co-founder of CarLotz. “We plan to open three to four hub locations per quarter this year, which will make buying and selling more lucrative and convenient for our clients and guests.”

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Last modified on Tuesday, 12 January 2021 14:14