CarLotz
Motor Vehicle ManufacturingVirginia, United States51-200 Employees
CarLotz runs a consignment-to-retail marketplace for used cars, connecting owners who consign their vehicles with buyers through its platform. The business model aims to help sellers maximize value while offering buyers access to a broader selection and potentially better prices. Based in Richmond, Virginia, the company operates in the motor vehicle sector and serves individual customers looking to buy or sell used cars. It positions itself as the nation's largest consignment-to-retail used car marketplace. In late 2022, CarLotz announced a merger with Shift Technologies.