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RumbleOn to Launch Consumer-Only Platform, Hires New Director of Classifieds

September 21, 2018

CHARLOTTE, N.C.--(BUSINESS WIRE)--Sep 21, 2018--RumbleOn (NASDAQ: RMBL), the only 100-percent-online powersports marketplace, today announced it will launch RumbleOn Classifieds, a one-stop platform exclusively for consumers to buy and sell powersports vehicles. With over 30 years of experience in the powersports industry, Bill Bonnaud, RumbleOn’s new Director of Classifieds, will oversee logistics, moderation and research for the platform, as Heather Harrington, Director of Marketing, guides the platform’s UI/UX development.

RumbleOn Classifieds will allow consumers to list powersports vehicles, and buy and trade with other consumers, while still emphasizing the original platform’s ease of use, safety and efficiency. RumbleOn Classifieds will exist as a separate website from the original RumbleOn marketplace, filling a necessary customer-driven gap in the buying and selling experience. Buyers will be able to use both platforms throughout their customer journey.

The platform is integrated with artificial intelligence software that has the ability to identify and weed out scammers, fake listings and inappropriate content during the buying and selling process. Live moderators maximize efficiency and resolve any issue for consumers, and RumbleOn has partnered with WeGoLook to perform necessary tasks such as on-demand auto inspections. To further enhance the experience, RumbleOn handles any third-party integrations for shipping, financing, warranties, insurance quotes, and more. RumbleOn Classifieds will also share current data from multiple sources to give users accurate ranges on how they should price their vehicle.

“RumbleOn Classifieds is the first of its kind in the powersports marketplace. In contrast to sites like Craigslist, Classifieds allows us to create a completely automated and trustworthy process for consumers while simultaneously helping more individuals liquidate their assets,” said CEO of RumbleOn, Marshall Chesrown. “If consumers have issues selling their vehicle, the system will inform them if their price-point is reasonable, or alternatively: RumbleOn will buy it, completely eliminating any hassle.”

This announcement comes on the heels of RumbleOn’s expansion into the specialty vehicle markets of Boats and RVs. For more information visit www.rumbleon.com.

About RumbleOn

RumbleOn operates a capital-light disruptive e-commerce platform facilitating the ability of both consumers and dealers to Buy-Sell-Trade-Finance pre-owned vehicles in one online location. RumbleOn’s goal is to transform the way pre-owned vehicles are bought and sold by providing users with the most efficient, timely and transparent transaction experience. RumbleOn’s initial focus is the market for VIN specific pre-owned powersport vehicles with an emphasis on motorcycles and other powersports. Serving both consumers and dealers, through its 100 percent online marketplace platform, RumbleOn makes cash offers for the purchase of pre-owned vehicles. In addition, RumbleOn offers a large inventory of pre-owned vehicles for sale along with third-party financing and associated products.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005047/en/

CONTACT: BLASTmedia for RumbleOn

Jake Doll, 317-806-1900 ext. 122

jake@blastmedia.com

KEYWORD: UNITED STATES NORTH AMERICA NORTH CAROLINA

INDUSTRY KEYWORD: OTHER CONSUMER EXTREME SPORTS MOTOR SPORTS POWERBOATING OTHER SPORTS DISCOUNT/VARIETY TECHNOLOGY LUXURY CONSUMER ELECTRONICS ONLINE RETAIL DATA MANAGEMENT INTERNET SOFTWARE TRAVEL TRANSPORTATION GENERAL SPORTS MOBILE/WIRELESS AUTOMOTIVE MOTORCYCLES OFF-ROAD TRUCKS & SUVS RECREATIONAL VEHICLES RETAIL SPECIALTY OTHER RETAIL CONSUMER SPORTS FAMILY MEN

SOURCE: RumbleOn

Copyright Business Wire 2018.

PUB: 09/21/2018 09:00 AM/DISC: 09/21/2018 09:01 AM

http://www.businesswire.com/news/home/20180921005047/en

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