CarLotz, Inc. operates a distinct consignment-to-retail marketplace for pre-owned automobiles. This company serves as a vital link, connecting a diverse range of vehicle providers—including major corporate entities such as fleet management companies, rental agencies, financial institutions, third-party remarketers, wholesalers, and original equipment manufacturers (OEMs), as well as individual private sellers—with retail customers looking to purchase used vehicles. CarLotz maintains 22 physical sales hubs strategically distributed across various U.S. regions, encompassing the Mid-Atlantic, Southeast, Southcentral, Midwest, West, and Pacific Northwest. Established in 2011, the company's corporate headquarters are situated in Richmond, Virginia. As of December 9, 2022, CarLotz, Inc. functions as an operating entity within Shift Technologies, Inc.