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Press Releases

CarLotz Announces Opening of Charlotte Store

Richmond, VA & Charlotte, NC – March 16, 2016 – CarLotz, the consignment store for cars serving the sale-by-owner and corporate vehicle markets, today announced the opening of its first store in Charlotte, North Carolina, located at 6501 E. Independence Boulevard in the heart of Charlotte’s largest auto mile. It is the Company’s fifth retail [Continue Reading…]

CarLotz Announces Opening of Virginia Beach Store

HAMPTON ROADS AND RICHMOND, VA – April 9, 2015 – CarLotz, the consignment store for cars, announces the Grand Opening of its fifth retail location and its second in Hampton Roads at 5055 Virginia Beach Boulevard, near the Virginia Beach Town Center development in Virginia Beach, VA. CarLotz, a Virginia-based used vehicle consignment business serving [Continue Reading…]

CarLotz Announces Grand Opening of The Bike Shop

RICHMOND VA – February 13, 2015 – CarLotz, the consignment store for cars, announces the Grand Opening of The Bike Shop by CarLotz, a used motorcycle consignment store located adjacent to the Company’s flagship used car store at 11944 Midlothian Turnpike in Midlothian, Virginia. CarLotz, a Richmond, Virginia based used vehicle consignment business serving the [Continue Reading…]

CarLotz Raises $5m to Fund Expansion

RICHMOND and CHESAPEAKE, Va. – August 1, 2014 – CarLotz, a Richmond, Virginia based used vehicle consignment business serving the sale-by-owner and corporate fleet vehicle market, today announced the closing of a $5m round of equity capital that will aid the company’s expansion efforts. “Since we launched our third store last year in Virginia, we [Continue Reading…]

CarLotz Expands Retail Presence with More Space, Talent, and Motorcycles

RICHMOND, Va. – May 22, 2014 – CarLotz, a Richmond, Virginia based used vehicle consignment business, today announced the doubling in size of its flagship location at 11944 Midlothian Turnpike in Chesterfield, the expansion of its motorcycle business, and the addition of several professionals to its growing team. CarLotz CEO Michael Bor said “We’ve experienced [Continue Reading…]

CarLotz Announces Promotions and Continues to Grow its Team

RICHMOND, and CHESAPEAKE, Va. – Apr. 3, 2013 – CarLotz, a Virginia-based used vehicle consignment business, today announced the promotions of two of its senior professionals as well as multiple additions to its growing team. “In the last 8 months we have added two new stores, and demand for our service has been strong. Fortunately, [Continue Reading…]

CarLotz Announces Vehicle for Change Program

RICHMOND, Va. – Mar. 19, 2013 – CarLotz, a Virginia-based used car consignment business, today announces the launch of an innovative new program that provides car owners a socially-responsible alternative to trading-in their vehicle. CarLotz, a Virginia-based used car consignment business, today announces that it has launched Vehicle for Change, a unique new program designed [Continue Reading…]

CarLotz Announces Expansion to Hampton Roads

RICHMOND, Va. – Nov. 12, 2012 – CarLotz, a Richmond-based used car consignment business, today announces that it will open the doors to its new store on Military Highway in Chesapeake on Dec. 3, 2012. CarLotz, launched in 2011, features a revolutionary new way to buy and sell used cars: on consignment. The firm enables [Continue Reading…]

CarLotz Announces Several Promotions and New Hires

Richmond, VA – September 5, 2012 – CarLotz, a Richmond used cars and consignment business, today announced the promotions of two of its senior professionals as well as multiple additions to its growing team. “Earlier this year we began hiring strong customer service professionals with tremendous management potential to assist the Founders in managing the [Continue Reading…]

CarLotz Announces “CarLotz for Business” Program

Richmond, VA – July 16, 2012 – CarLotz, a business centered around used car consignment in Richmond, Virginia, today announced the expansion of its stores to serve corporate customers. Companies of all sizes now have access to CarLotz’ unique services to maximize the proceeds from the sale of corporate owned or leased vehicles without any [Continue Reading…]

CarLotz Announces Expansion into a Second Retail Store

Richmond, VA – May 18, 2012 – CarLotz, a Richmond used car consignment store that helps buyers and sellers transact safely and efficiently in the private market, today announced that it will open its second store in the Richmond, Virginia area in July. The company’s second store will be located at 8406 West Broad Street [Continue Reading…]

CarLotz Announces the Expansion of its Services to Include Motorcycles

Richmond, VA – April 15, 2012 – CarLotz, a Richmond vehicle consignment store that helps sellers and buyers of used vehicles transact safely and efficiently in the private market, today announced that it will begin helping customers sell and buy used motorcycles in the private market. The Company’s store, located at 11944 Midlothian Turnpike on [Continue Reading…]