Company Performance Metrics
CarLotz is an automotive retailer that operates a used vehicle consignment marketplace and retail remarketing platform. The company focuses on a consignment-to-retail model that connects corporate vehicle sourcing partners and individual sellers with retail buyers. CarLotz enables sellers, including fleet managers, leasing companies, and financial
institutions, to access retail pricing for used vehicles without managing direct consumer sales. Retail buyers use the marketplace to purchase used vehicles with access to financing options, vehicle warranties, and title and registration processing. The company’s retail remarketing platform incorporates proprietary technology that supports reporting, data analytics, vehicle triage decisions, and pricing strategies. This technology is used to manage inventory and optimize remarketing outcomes for commercial partners and individual sellers.
