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Thursday, 07/29/2021 9:21:10 AM

Thursday, July 29, 2021 9:21:10 AM

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LOTZ...$4.58...RICHMOND, Va., July 29, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it will open a second hub in Texas. Located at 1001 Preston Road in Plano, the hub will provide CarLotz’s guests in the greater Dallas area with easy access to its service, value, and inventory. The hub is expected to open later this year.

“I am so grateful to our guests in Texas for really understanding the value CarLotz delivers as a peer-to-peer marketplace, a great place to buy a car, an innovative way to sell a car, and a business totally focused on the guest experience,” said Michael Bor, Co-Founder and CEO of CarLotz. “Our expansion from San Antonio to the greater Dallas area will allow even more guests to experience the benefits that come with buying and selling through our unique consignment model,” Bor continued.

CarLotz is on a mission to create the world’s greatest vehicle buying and selling experience for consumers and commercial consigners. CarLotz opened a hub in Denver earlier this week and 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 the new location as well as several other locations around the country. To learn more and apply, visit carlotz.com/careers or reach out to careers@carlotz.com.

For additional information, visit carlotz.com.

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