About CarGurus
CarGurus is an online platform that connects buyers and sellers of new and used cars. It primarily operates in the United States, with additional presence in Canada, the United Kingdom, and Germany. Users can search for vehicles, compare prices, and read reviews on the site. CarGurus uses algorithms to rank car listings based on price, dealer reputation, and vehicle history, which helps users find the best deals. This focus on data transparency and user experience distinguishes CarGurus from traditional car buying methods. The company generates revenue by charging dealerships subscription fees to list their cars, offering advertising services for more prominent listings, and providing additional services like financing options and vehicle history reports. CarGurus aims to simplify the car buying and selling process while ensuring users have access to reliable information.