A Better Way to Buy & Sell Used Cars - Michael Bor of CarLotz

Michael Bor, the Founder and CEO of CarLotz, grew his company's revenue from $2 million in 2014 to $24.7 million in 2017, a 1,107% increase, and to around $35 million in 2018.  

CarLotz is the consignment store for cars, where buyers save money, and sellers can get a cash offer today, or consign for thousands more.  

In this interview with Eversprint's Malcolm Lui, Michael shares how he and his team accelerated their high value sales by:  

• Opening eight stores over the past eight years across the country.  
• Growing the commercial car sales side of their business.  
• Reducing staff turnover to well below industry levels.