How CarLotz is Evolving Customer Service in Today’s Marketplace

Provided By Globe Newswire

Last update: Oct 20, 2022

RICHMOND, Va., Oct. 20, 2022 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation’s leading consignment-to-retail used vehicle marketplace, is constantly evolving and expanding its services to deliver extraordinary customer service and achieve its mission to create the world’s greatest vehicle buying and selling experience. While consignment has been around for many years, it is still relatively new in the used car category, but the benefits are very real. “People have been consigning in other categories for decades – clothing, art, furniture and even sporting equipment,” said Liz Messick, Vice President of Operations. “Today, companies like ThredUp and TheRealReal are changing the game in apparel and accessories. With the secondhand clothing market growing at 11 times faster than traditional retail, we expect car consignment is here to stay,” Messick continued.