Topic: car buyers

Survey says: car buyers moving faster, doing more research online

Posted by CarGurus Admin on August 8, 2017

Digital marketing provider Netsertive released a study last week that confirmed several trends in car shopper behavior: 

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Topics: car buyers, data, research, survey

Today’s Auto Shopper and the Affordability Question

Posted by CarGurus Admin on February 9, 2017

We saw considerable strength in the auto market in 2016. Helped by record-breaking new-car sales, the OEMs generated billions of dollars in profit.

Yet these impressive figures mask the reality of auto retail at the dawn of 2017. Not only did new-vehicle incentives grow as 2016 wore on, but shoppers bought more certified pre-owned vehicles – and used vehicles – than ever before.

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Topics: car buyers, pricing, research

Surging Popularity of Crossovers Reflected in CarGurus Lead Data

Posted by CarGurus Admin on December 19, 2016

Perhaps you’ve heard that crossovers – Honda CR-Vs, Ford Escapes, Chevrolet Equinoxes, et al. – are now the nation’s most popular new-vehicle segment.

Turns out, their popularity extends to the used market, too.

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Topics: car buyers, data, research

What’s Hot on the CarGurus Consumer Blog: November 2016

Posted by CarGurus Admin on December 5, 2016

CarGurus’ consumer blog, http://blog.cargurus.com, serves tens of thousands of auto shoppers every month with reviews, auto-show reveals, and lots more.

Here’s what CarGurus users were most interested in during the month of November.

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Topics: car buyers, CarGurus info

Major Life Events Drive Millennial Interest in Car Ownership

Posted by CarGurus Admin on June 6, 2016

We recently explored auto buying habits for younger Millennials – those just out of college. Contrary to much of what has been reported in the media, these young people are interested in buying cars and trucks.

It may be the case that passing a major “life milestone” (i.e., graduating from college) is what spurs young shoppers to start searching for a car. With that in mind, it’s interesting that older Millennials, those aged 25 to 34, also appear to be jumping into the market. 

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Topics: car buyers, data, research

What’s Hot on the CarGurus Consumer Blog: April 2016

Posted by CarGurus Admin on May 20, 2016

The news and reviews on our consumer-facing blog, blog.cargurus.com, help shoppers make more informed purchase decisions. (There’s content for enthusiasts, too. Check out this feature on how the Ford Mustang sells in Germany.)

Once a month, we look at the CG consumer blog’s analytics to identify the most popular posts. Read on to find out what digital shoppers were interested in last month.

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Topics: car buyers

iOS and Android Lead All Platforms Among Auto Shoppers

Posted by CarGurus Admin on May 5, 2016

If you use a smartphone, odds are you’re either a die-hard iPhone fan or a committed Android user. Other operating systems have come and gone in the past decade, but iOS and Android now split about 98% of the US smartphone market.

What you may not expect is that the two OSs are the most popular platforms for accessing CarGurus.com – even more so than Windows or Mac OS.

But they are, and by a wide margin.

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Topics: car buyers, CarGurus info, data, research

Have Millennials Abandoned the Auto Market? Our Data Says No

Posted by CarGurus Admin on April 28, 2016

A lot has been made of Millennials’ ambivalence about buying cars, and it may be true that young people are getting driver’s licenses later than past generations. Just-released data shows that the number of 16-year-old licensed drivers is at an 50-year low.

But among older Millennials – people in the 25-34-year-old range – interest in car ownership appears to be growing.

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Topics: car buyers, data, research

Pickup Sales, Prices Continue to Rise – Gas Prices Notwithstanding

Posted by CarGurus Admin on March 30, 2016

Today’s low gas prices have led households to enjoy a “tax cut” of about $1,000 per year, researchers at IHS have found. In other words, the typical household now spends $1,000 less on fuel than it did between 2011 and 2015.

But does cheap gas affect people’s vehicle preferences? We took a look into our lead-volume and pricing data for pickup trucks, some of the least fuel-efficient vehicles on the road, to find out.

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Topics: auto industry news, car buyers

What Are The Most Popular Vehicles To Buy Used?

Posted by CarGurus Admin on March 21, 2016

It’s a simple question: what are the most used popular vehicles on CarGurus nationally? We now have more than 18 million monthly users in the US, so our used-vehicle stats provide a solid picture of the used-car market as a whole.

Without further ado, let’s take a look at the top five used vehicles on CarGurus.

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Topics: car buyers, data, research

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