RumbleOn Hits 100,000 Cash Offers, Awards $10,000 to Lucky Customer

CHARLOTTE, N.C. - October 9, 2018 - RumbleOn (NASDAQ: RMBL), the only 100-percent-online powersports marketplace, today announced a significant milestone, having reached 100,000 cash offers by Sept. 30, 2018, to customers seeking to sell their pre-owned vehicle. To celebrate, RumbleOn has awarded a $10,000 cash prize to the 100,000th customer to receive a cash offer.

RumbleOn's cash offer method eases the traditional process of selling a powersport vehicle, which is often complex, time-consuming and draining. RumbleOn has minimized the number of required actions by the customer, all while providing complete visibility and transparency throughout the process. Once a cash offer is accepted, RumbleOn handles the logistics with free shipping. Buyers can then access certified vehicles on RumbleOn.com with free delivery, easy financing, and without dealer fees.

"The tremendous growth we have seen with our 100-percent-online cash offer process validates the company's vision of creating easy liquidity where liquidity does not exist. What consumers really want is an experience that removes risk, emphasizes efficiency and fosters trust between the buyer and seller. We are thrilled that the consumer acceptance of our cash offer process has reached this huge milestone in such a short time and way ahead of plan. Congrats to the lucky winner of the additional $10,000 award," said Marshall Chesrown, CEO of RumbleOn.

"When I found out that I had won, it seemed way too good to be true," said Stacie Cobb, winner of the 100,000th cash offer prize. "I went in thinking I would be able to make some quick cash selling my bike online, but RumbleOn was generous enough to surprise me with an incredible gift for being the 100,000th cash offer they've made through the platform. I couldn't be more thankful."

To learn more about receiving a free cash offer from RumbleOn, customers can upload information and photos of their vehicle using RumbleOn.com or free smartphone app for iOS and Android.

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.