You’ve heard of consignment stores for clothes and household items, now we have CarLotz which is the same for your used car.
The approach used by this company is made to streamline used car selling and offer you a higher value as a customer for your car. Recently, CarLotz went public and is now being traded on the stock market, which might make it a great place for you to invest in the future.
CarLotz Offers Compelling Value
Whether you’re operating a fleet of vehicles that need to be sold as you finish using them or you own a single car and want to receive the most money for your vehicle CarLotz can offer you more value. On average, selling through this consignment organization nets $1,000 more than what you would receive if you traded your vehicle in at a dealership.
Several Selling Options
If you want to touch and drive the car, you’re going to buy through CarLotz, you can, but you don’t have to. This company offers end-to-end e-commerce capabilities to give you the opportunity to complete the transaction the way you want. Purchase or sell online, over the phone, or in-person, and know that you’re getting a great deal on either end of the sale when you use the CarLotz approach.
CarLotz is Unique
Right now, this company is the only omnichannel used vehicle business that makes it possible for corporate vehicles to be sold at retail prices. If your company invested in purchasing vehicles rather than leasing them, this could be the perfect way for you to sell your inventory. With the process offered, your company can continue to make the most out of the investments made in company cars and trucks that are being driven by your team.
Profits Are On the Rise
Are you considering an investment in an automotive stock? Consider the CarLotz stock. Right now, this company is a high-growth, run-rate profitable, and cash-flow breakeven company. This means they don’t owe money to large corporate loans; they have the cash to continue to expand and grow, and your stock should increase and improve with them. Investing in this stock could be the beginning of the nest egg you need for your retirement in the future.
Unique in the Industry
Most of us think of buying and selling used cars as taking place at car dealerships, small car lots, and through individuals. CarLotz has a different approach. Their consignment program allows the buyer and seller to both feel comfortable and confident in the transaction of any vehicle. Buyers receive an excellent vehicle to drive and sellers typically receive a higher price than they would if trading the vehicle.
Keep an eye on the CarLotz stock and what this company is doing to improve used car sales. Now could be the right time to put some money into this stock and see how your investment grows over time to give you serious returns for your future.
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