Carlotz Inc (LOTZ)

[georgie18]

LOTZ...Expansion continues right on time...

RICHMOND, Va., Aug. 23, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s largest consignment-to-retail used vehicle marketplace, announced today it has opened a hub to serve the St. Louis metro area. Located just outside of St. Louis at 1807 W Highway 50 in Fairview Heights, Illinois, the hub will provide CarLotz’s guests with easy access to its service, value and inventory.

“We are so excited to work with the people of St. Louis and be a part of this wonderful community,” said Michael Bor, Co-Founder and CEO of CarLotz. “Our one-of-a-kind consignment model provides guests with buying and selling benefits they won’t find anywhere else,” Bor continued. “Those benefits generate, on average, up to $1,000 or more in value for both sellers of vehicles and buyers of vehicles along with unparalleled customer service. Our guests leave with a feeling of excitement and pride around becoming part of the CarLotz used car family. We are thrilled to open our doors to the St. Louis community.”