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CNBC on how CarOffer is opening up the used car market for dealers

Posted by Meg Bernazzani on March 16, 2022

“A faster, more reliable way for dealers to access inventory that other dealers want to unload because different cars sell well in different markets.”

On Monday, CarOffer, part of the CarGurus network, was featured in a segment on CNBC’s The News with Shepard Smith. The story captured the value CarOffer provides to dealers, showcasing how they’re opening up the market for used cars by trading them with other dealers and providing a glimpse into the energetic, stock market-like atmosphere helping fuel their growth.

During the segment, CNBC explained how the CarOffer Buying Matrix™ automatically fulfills dealers’ orders based on their customizable buying preferences, saving them major time and money. As used car prices continue to soar, this modern and efficient way to acquire and sell pre-owned inventory will be crucial to helping dealers keep their lots stocked. Watch the segment below:

A new ‘stock market’ for used cars

For more information on how to acquire inventory with CarOffer, visit dealers.cargurus.com/CarOffer-Learn-More.

Topics: CarOffer, inventory, inventory acquisition, used car market