Topic: CarGurus news
Calling all dealers driving difference in their community! Share your story to win a Back-to-Business Kit
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.
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:
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.
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:
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.
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.
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:
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.
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:
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: