Carlotz

OverviewSuggest Edit

CarLotz is a physical marketplace that allows used car buyers and sellers to transact with one another safely, efficiently, and anonymously. The CarLotz service enables customers to buy and sell used cars privately without the traditional hassle of arranging meetings, test drives, and negotiations with other buyers and sellers. CarLotz also offers financing, warranties, and other after-market services that aren't typically available in the private market. Our goal is to save people money and to make used car transactions enjoyable and convenient for both buyers and sellers. We aim to redefine the used car marketplace by providing customers with private market values, superior customer service, and transparency while creating an enriching, challenging, and fun career for our employees.
TypePrivate
Founded2011
HQMidlothian, US
Websitecarlotz.com
Employee Ratings4

Latest Updates

Employees (est.) (Sept 2020)78(-3%)
Job Openings5
Cybersecurity ratingAMore

Carlotz Office Locations

Carlotz has offices in Midlothian, Charlotte, Chesapeake, Downers Grove and in 5 other locations
Midlothian, US (HQ)
11944 Midlothian Turnpike
Charlotte, US
6501 E Independence Blvd
Chesapeake, US
1447 S Military Hwy
Downers Grove, US
2150 Ogden Ave
Greensboro, US
3917 W Wendover Ave
Monroe, US
5404 W Hwy 74
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Carlotz Financials and Metrics

Summary Metrics

Founding Date

2011

Carlotz total Funding

$37 m

Carlotz latest funding size

$30 m

Time since last funding

3 years ago

Carlotz investors

Carlotz's latest funding round in September 2017 was reported to be $30 m. In total, Carlotz has raised $37 m
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Carlotz Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Carlotz Online and Social Media Presence

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Carlotz News and Updates

Auto Financial Group and CarLotz Team Up to Provide a Comprehensive Remarketing Solution

HOUSTON, April 9, 2019 /PRNewswire/ -- Auto Financial Group (AFG) and CarLotz announced today a new remarketing partnership. Through this relationship, AFG's clients will have access to a comprehensive remarketing solution that will not only help simplify their process but will place...

Carlotz Blogs

Why & how to think of remarketing as consumer product

The auto remarketing industry is at an interesting point in its history. The number of off-lease vehicles continues to rise, and wholesale prices are dropping in tandem. As more and more cars roll through, auto remarketers could easily get caught in a higher volume, lower margin cycle. Within this e…

Reconditioning a used car for retail sale? Consider vehicle, repair type, expected value

When consigning a vehicle for retail sale, sellers face an important question: What, if any, investment should I make in improving the vehicle’s condition to maximize its sale value? The answer depends, first and foremost, on the specific condition of the vehicle but is certainly influenced by the u…

3 questions to ask when incorporating retail remarketing

While various wholesale channels are an efficient way to remarket large volumes of end-of-cycle inventory, retail remarketing generates significantly higher proceeds and is playing an increasingly important role in remarketers’ portfolios. But how do fleet management companies and other commercial c…

Inside the retail remarketing channels

While wholesale auctions are still the primary channel for commercial vehicle owners to remarket end-of-cycle vehicles, a growing trend among progressive vehicle remarketing professionals has been to sell vehicles through the emerging retail channel, either through their own dealerships, online serv…

CarLotz Ranks No. 460 on the 2018 Inc. 5000

Richmond, VA (August 15, 2018) –Richmond-based vehicle consignment and remarketing business, CarLotz, is excited to announce that it has made the Inc. 5000 list of fastest-growing private companies in America, landing at No. 460 on the 37th annual ranking by Inc. magazine. The Inc. 5000 list represe…
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Carlotz Frequently Asked Questions

  • When was Carlotz founded?

    Carlotz was founded in 2011.

  • How many employees does Carlotz have?

    Carlotz has 78 employees.

  • Who are Carlotz competitors?

    Competitors of Carlotz include Auto1 Group, Shift Technologies and CarTrade.

  • Where is Carlotz headquarters?

    Carlotz headquarters is located at 11944 Midlothian Turnpike, Midlothian.

  • Where are Carlotz offices?

    Carlotz has offices in Midlothian, Charlotte, Chesapeake, Downers Grove and in 5 other locations.

  • How many offices does Carlotz have?

    Carlotz has 9 offices.