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CarLotz Unveils First in Series of National Fine art Projects

Bakersfield, CA Hub Is Habitation to Countdown Installation

Bakersfield Mural

CarLotz announced today it has completed the commencement in a series of national art projects commissioned by the company.

CarLotz announced today it has completed the first in a serial of national art projects deputed by the company.

RICHMOND, Va., Aug. 24, 2021 (GLOBE NEWSWIRE) -- CarLotz (NASDAQ: LOTZ), the nation's largest assignment-to-retail used vehicle market, announced today it has completed the first in a series of national fine art projects commissioned by the visitor. Located at 4608 Rudnick Ct. in Bakersfield, CA, the mural was inspired by the classic song, 'Streets of Bakersfield.'

CarLotz is a consignment-based marketplace where the value is put back in the easily of buyers and sellers. "Our business model is dependent on the communities we serve online and in-person," said Michael Chapman, Chief Marketing Officer of CarLotz. "We wanted to brand a statement that would invite anybody in Bakersfield to experience our unique consignment market place model and practice it in a way that brings our customs and the Bakersfield community closer," said Chapman.

CarLotz commissioned Bakersfield natives and local artists, Beth Chaney and Jennifer Williams-Cordova to create the concept for the mural. "CarLotz's request to united states of america was uncomplicated – come up with a concept that reflects the customs and uplifts the people who view information technology," said Jennifer Williams-Cordova, a partner at Willis & Williams Design Studios. "Beth and Jen did an extraordinary job of tapping into the city'southward unique sense of pride, depicting a wide range of people hinting at different back stories and creating a mural that feels welcoming, assuming and bright," said Chapman. "The landscape was inspired by the line in the archetype song 'Streets of Bakersfield' that says, 'How many of you that sit down and estimate me ... E'er walked the streets of Bakersfield?.' Someone viewing the mural may encounter themselves, a friend or their family depicted amid the figures," Chapman continued. "Nosotros hope this mural is a symbol to the community, they are always welcome and proof that we are thrilled to be a part of Bakersfield! People frequently ask us who the typical CarLotz guest is, and our answer is straightforward - they all accept drivers' licenses – it's for everyone. We view this mural the same fashion – it's a terrific delineation of the breadth of guests whom we have the privilege of serving every mean solar day."

CarLotz volition dedicate the mural and host an official ribbon cutting anniversary on Wednesday, August 25^th at 10:00AM at the Bakersfield hub.

This mural is a part of the CarLotz mission to create the earth's greatest vehicle ownership and selling feel for consumers and commercial consigners. As CarLotz continues its rapid expansion, additional murals and other art projects are planned for select hubs across the country. "We are excited to announce this community installation under the #lotzoflove initiative," said Chapman. "My hope is that nosotros are able to create a tapestry of art showcasing the beautiful and various communities CarLotz serves, and that guests will always feel practiced when they spend time with us."

Bakersfield Landscape Fun Facts:

• The mural measures approximately 112' x 19' – the largest completed by the artists

• It took the artists 100 hours over seven days to paint the mural

• 26 gallons of primer and 19 gallons of paint were used

• From identifying the artists to wall prep and bodily artistry, the mural squad was 100% female

CarLotz is currently hiring for dozens of open positions including sales coaches, service techs, managers, and other roles at locations effectually the country. To learn more and apply, visit www.carlotz.com/careers or reach out to careers@carlotz.com.

For additional information, visit carlotz.com.

About CarLotz

CarLotz is a used vehicle consignment and Retail Remarketing™ concern that provides our corporate vehicle sourcing partners and retail sellers of used vehicles with the power to access the previously unavailable retail sales channel, while simultaneously providing buyers with prices that are, on boilerplate, below those of traditional dealerships. Our mission is to create the world'due south greatest vehicle buying and selling experience. We operate a technology-enabled buying, sourcing, and selling model that offers a seamless omnichannel experience and comprehensive selection of vehicles, while allowing for a fully contactless terminate-to-cease e-commerce interface that enables no-hassle ownership and selling.

Our proprietary Retail Remarketing™ applied science provides our corporate vehicle sourcing partners with real-time performance metrics and data analytics, along with custom business organization intelligence reporting that enables price and vehicle triage optimization between the wholesale and retail channels. Through our market place model, we generate pregnant value for both sellers and buyers through toll, choice, and experience.

CONTACTS:
Media Inquiries
CarLotzPR@icrinc.com
leslie.griles@carlotz.com

Annotator Inquiries
CarLotzIR@icrinc.com

A photo accompanying this annunciation is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86fa81e8-8867-41a4-a3fc-308a10f7e5d0.

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Source: https://finance.yahoo.com/news/carlotz-unveils-first-series-national-130300801.html

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