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See which former Airline Highway car dealership is becoming the first CarLotz location in Louisiana | Business – New Orleans, Louisiana

New Orleans, Louisiana 2021-08-05 11:07:00 –

CarLotzA consignment car dealer, will open its first location in Louisiana to the old Salsbury Dodge City dealer on the Airline Highway.

The company sells cars on consignment and offers the best deals for anyone who wants to sell a car. Make more money than trade-in at a dealer and avoid the hassle of selling to strangers. CarLotz then sells the car through its website, dealerships, and other websites (such as:). cars.com.. All prices are huggle free.

According to Carrots, Baton Rouge dealers will open in the coming months.

Mark Hebert of Kurz & Hebert Commercial Real Estate said the 9550 Airline site has contracts with investors, who will buy the land for about $ 2.5 million and rent it to Car Lotz. Hebert represents the seller and Stirling Properties represents the buyer.

The 6-acre site has been on the market since Salzbury moved to a larger location on the 13939 Airlines Highway in November 2018. Since then, the dealer has been purchased by New Orleans car dealer Matt Bowers.

Car Lotz was founded In Richmond, Virginia in 2011 The company went public in January and raised $ 300 million. Michael Bor, CEO of CarLotz, said: Denver Post I wanted to use that money to expand into “the largest and most attractive market in the country.”



See which former Airline Highway car dealership is becoming the first CarLotz location in Louisiana | Business Source link See which former Airline Highway car dealership is becoming the first CarLotz location in Louisiana | Business

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