EchoPark Strategy

Nearly new, pre-owned

vehicles, focused on

EXTENDED WARRANTY

1-4

available

year old models

Priced up to

and up to

40%

$3,000

Free

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 omnichannel 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 Guest Satisfaction.

LOCATIONS

STATES

FY 2021 REVENUE

FY 2021 VEHICLES SOLD

46*

19

$2.3 Billion

77,835 vehicles

TARGET

TARGET

Q4 2021

2 million

10% market share

3.2% 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/

*Includes 11 Northwest Motorsport Pre-Owned Vehicle Locations Acquired in December 2021 in Conjunction with the RFJ Auto Acquisition.

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Sonic Automotive Inc. published this content on 16 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2022 12:05:11 UTC.