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CarLotz Launches Mobile App

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Ongoing digital improvements strengthen the company's Omnichannel, consumer-centric model

RICHMOND, Va., March 14, 2022 /PRNewswire/ -- CarLotz (NASDAQ: LOTZ), the nation's largest consignment-to-retail used vehicle marketplace, announced today that it has launched a mobile application. The app is available for Android and iOS devices in the App Store and Google Play.

The app launch is part of CarLotz's ongoing effort to serve its customers through as many channels as possible and give more people access to its unique consignment-first platform. The app comes as another step of digital improvements including launching a new website, updating online financing capabilities and a revamped sourcing experience. Key features include:

  • Search and sort inventory
  • Save your favorites for later
  • Buy and access financing instantly

"Exceptional customer service is one of our core values and, simply put, our guests asked for an app that would allow them to search CarLotz' inventory at their fingertips," said Dan Valerian, Chief Technology Officer of CarLotz. "So, we created an app to do just that -- complement our website and in-hub experience to ensure a more seamless user experience for sellers and buyers," he continued.

For additional information, visit CarLotz.com.

About CarLotz

CarLotz is a leading consignment-to-retail used vehicle marketplace that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the ability to easily access the retail sales channel. 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 an omni-channel experience and comprehensive selection of vehicles. Our proprietary technology provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business intelligence reporting that enables vehicle triage optimization between the wholesale and retail channels.

CONTACTS:
Media Inquiries
Leslie.Griles@CarLotz.com

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SOURCE CarLotz

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LOTZ

NASDAQ:LOTZ

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LOTZ Latest News

Dec 9, 2022
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Dec 7, 2022
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Nov 8, 2022
CarLotz Announces Third Quarter Fiscal 2022 Financial Results
Oct 20, 2022
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Sep 22, 2022
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LOTZ Stock Data

17.72M
75.94M
16.72%
33.12%
3.05%
New Car Dealers
Retail Trade
Link
United States
Richmond

About LOTZ

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. Its mission is to create the world's greatest vehicle buying and selling experience. The Company operates a technology-enabled buying, sourcing and selling model that offers a seamless omni-channel experience and comprehensive selection of vehicles, while allowing for a fully contactless end-to-ende-commerce interface that enables no hassle buying and selling.