Topic: CarGurus news

Calling all dealers driving difference in their community! Share your story to win a Back-to-Business Kit

Posted by Meg Bernazzani on July 15, 2020

Even during the current health crisis, you’ve been there to help your community. Delivering meals to hospital staff, providing free oil changes for frontline workers, and more. Now, it’s time you get rewarded for it.

CarGurus wants to celebrate the dealers driving difference in their community—and help them get back to business quickly—which is why we’re thrilled to announce the launch of our Driving Difference contest.

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Topics: CarGurus news, community, Driving Difference

Cars sell faster on CarGurus, according to third-party study

Posted by Meg Bernazzani on July 10, 2020

At CarGurus, we’ve always believed that our emphasis on technology, transparency, and dedication to our dealer partners would give us the advantage over competing automotive marketplaces—and it has! According to a recent study by Bates White Economic Consulting, vehicles listed on CarGurus sell faster than those on AutoTrader or Cars.com.* Specific findings of the study include:

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Topics: CarGurus news

The CarGurus commitment to racial justice

Posted by Jeremy Sacco on July 8, 2020

This post comes from CarGurus President and COO Sam Zales, on behalf of the entire organization.

At CarGurus, we stand against discrimination and bigotry. We stand for racial justice. We stand with the Black community. We strive to build and nurture a global culture where inclusiveness is a reflex, not an initiative, and we aspire to improve our organization by increasing diversity in our community. 

We recognize that racial injustice and violence in America are longstanding and systemic issues that many of us who have the privilege of not having to think about every day are just starting to really understand. 

These aren’t new ideas for us, but recent events have made clear that we need to learn more, speak out, and take action, knowing we will have to iterate our approach along the way.

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Topics: BLM, CarGurus news

CarGurus in the news: what the industry can expect next quarter

Posted by Meg Bernazzani on June 30, 2020

Heading into the third quarter of the year, there are still questions about what recovery will look like for the automotive industry. In two recent Auto News articles, George Augustaitis, CarGurus’ Director of Industry and Economic Analysis, shared his analysis and insights into what he expects to see in the coming months. Check out the full articles below:

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Topics: CarGurus news, covid-19, industry insights

What’s new at CarGurus? Quarterly product updates

Posted by Meg Bernazzani on June 24, 2020

As dealerships begin to get back to business, we realize it’s more important than ever that we support our dealer partners, which is why the CarGurus Product teams have been hard at work building new features and product updates. Here are the key CarGurus product improvements you can expect now, and in the weeks to come.

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Topics: CarGurus news, financing, market analysis tool, pricing tool, product updates, restricted listings, rpm

CarGurus in the news: industry insights and marketing tactics

Posted by Meg Bernazzani on June 15, 2020

Since coronavirus first emerged in the US, we’ve been there to support our dealer customers and provide analysis on trends and strategies for getting back to business — and the industry is taking note. Below are recent news stories that feature CarGurus insights and marketing tips.

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Topics: CarGurus news

Free CarGurus listings returning — with changes

Posted by Jeremy Sacco on June 9, 2020

2020 has been a year of change for all of us, and CarGurus is no exception. As of July 1, we will be making updates to our free Restricted product to provide more connections and a better ROI for our paying customers.

As we posted here, CarGurus suspended the free Restricted (formerly “Basic”) listings program during the COVID-19 crisis to better accommodate shoppers and provide a strong return on investment to paying CarGurus customers.

With dealerships across the country resuming business, we’re preparing to retire the suspended status. All dealers in suspended status will receive their queued leads on 6/30.

We’re also making additional changes to the Restricted program.

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Topics: CarGurus news

Meet the winners: Announcing the 2020 Best Used Car Awards

Posted by Meg Bernazzani on June 3, 2020

It’s that time of year again — time to reveal the winners of this year’s CarGurus Best Used Car Awards. The full details are in the linked press release, but here’s the list of winners:

Used-Car-Awards-Winners-List

The awards are based on several factors, including reviews from CarGurus experts and users, popularity and availability, and long-term depreciation rates. This year’s winners aren’t only great vehicles, they’re also popular, widely available, and hold their value well.

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Topics: CarGurus news, used car awards

How to work with CarGurus shoppers who prequalified for financing

Posted by Sarah Pekala on May 25, 2020

Our product teams have been working hard to improve CarGurus’ financing feature, the latest way we’re helping you connect with low-funnel shoppers. With the improved financing feature, shoppers are able to prequalify for financing with lenders you already work with right from the VDP. Some reasons you’ll want to use the financing feature are:

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Topics: CarGurus news, dealer dashboard, financing

Dealer Marketing Magazine: Why dealerships should experiment with internet lead processes

Posted by Sarah Pekala on May 19, 2020

More than ever, dealerships are being forced to adapt to constant changes. In a recent Dealer Marketing Magazine article, Ashley Karr, CarGurus’ VP of Global Dealer Marketing, interviewed Joseph Davis, the E-commerce Director at Ewing Automotive Group. They spoke about his process for handling internet sales leads and his actionable advice for sales and marketing leaders at other dealerships.

Check out the full article:

“Adapt or Die” Why Dealerships Need to Experiment with their Internet Sales Lead Processes

 

 

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Topics: CarGurus news, industry news