Nashville, Tenn. — Sonic Automotive, Inc., a Fortune 500 Company and one of the nation’s largest automotive retailers, has opened its newest EchoPark specialty pre-owned vehicle store in Nashville, Tenn.
As Sonic Automotive continues to rapidly expand its EchoPark network, its first Tennessee location will allow car buyers in the region to shop an assortment of high-quality, 1- to 4-year-old pre-owned vehicles priced 20% to 40% below new car pricing. This new EchoPark location, located just north of downtown Nashville, was formerly a Sonic Automotive franchised dealership that was recently redesigned for the EchoPark brand, giving guests the ability to shop a variety of vehicles across the 9-acre lot.
The Nashville retail hub is EchoPark’s 13th location nationwide, continuing the expansion of the EchoPark brand toward a 140-point nationwide distribution network expected to retail over half a million pre-owned vehicles annually by 2025.
“Quality, pre-owned vehicles are in high demand across the nation,” says David Smith, chief executive officer of Sonic Automotive and EchoPark Automotive. “In July, we announced the accelerated expansion of our EchoPark network, and we are excited to introduce EchoPark to the Nashville metro area and the state of Tennessee.”
Since the launch of EchoPark in 2014, the brand has been one of the biggest success stories in pre-owned automotive retail. Customers from across the United States trust the EchoPark brand to deliver great inventory selection, unbeatable pricing and a unique guest experience. In the coming months, the company plans to open additional EchoPark locations in Arizona, Georgia, Nevada, South Carolina and Texas, further expanding EchoPark’s reach into new markets.
“An increasing amount of customers who had only purchased new vehicles in the past are making the switch to nearly new pre-owned vehicles, which really illustrates the power of the EchoPark brand,” says Jeff Dyke, president of Sonic Automotive and EchoPark Automotive. “We have differentiated ourselves through the best-in-class experience and convenience we provide our guests, driving tremendous opportunity for our business and shareholders as we continue to introduce the EchoPark brand to new markets.”
EchoPark Automotive is a growing operating segment within the company that specializes in pre-owned vehicle sales and provides a unique guest experience unlike traditional used car stores. For more information, visit www.echopark.com.
Sonic Automotive, Inc., based in Charlotte, N.C., is one of the nation’s largest automotive retailers. For more information, visit www.sonicautomotive.com.
SOURCE: Sonic Automotive, Inc.