EchoPark Strategy

1-4

Remaining

year old, nearly new,

OEM WARRANTY

pre-owned vehicles

Priced up to

and up to

40%

$3,000

Clean

below brand new

below used vehicle

CARFAX REPORT

market price

Focus on the recession-resistant

NO HAGGLE

pre-owned market, which is

2.5x

purchase experience

larger than the new vehicle market

EchoPark Growth Targets by 2025

• Reach 90% of

• Establish 140+ point nationwide

the U.S. population

distribution network

• Sell 575,000 vehicles annually

$14 billion in annual revenues

Company Overview

Our High Growth EchoPark Segment Offers a Unique Approach to Pre-Owned Vehicle and F&I Sales. Below-Market Pricing with a No Haggle Purchase Experience Drives Industry-Leading Used Vehicle Volume Throughput.

LOCATIONS

STATES

Q3 2021 REVENUE

Q3 2021 VEHICLES SOLD

31

16

$663.3million 21,255 vehicles

TARGET

TARGET

Q3 2021

2 million

10% market share

4% market share

Annual Vehicle Sales

Of 1-4 Year Old Vehicles

Of 1-4 Year Old Vehicles In

at Maturity

at Maturity

Existing Markets

For more company information visit ir.sonicautomotive.com/

Attachments

  • Original document
  • Permalink

Disclaimer

Sonic Automotive Inc. published this content on 28 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2021 11:12:21 UTC.