CarGurus Statistics and User Count (2023)

Here are a few of the most interesting CarGurus statistics and facts I was able to dig up including CarGurus user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

CarGurus is an online automotive marketplace that helps consumers buy and sell new and used cars. The platform was founded in 2006 and is headquartered in Cambridge, Massachusetts. CarGurus allows users to search for cars by make, model, price, location, and other criteria, and provides detailed information on each vehicle, including photos, reviews, and dealer ratings.

One of the unique features of CarGurus is its algorithm-based system for rating car dealerships. The company uses a proprietary algorithm to calculate a dealership’s reputation based on factors such as customer reviews, pricing, and inventory. This rating system helps consumers identify trustworthy dealerships and can provide valuable insights for car buyers.

CarGurus also offers a variety of tools and resources to help consumers with the car-buying process, including financing options, insurance quotes, and vehicle history reports. The platform is free for consumers to use, and dealerships pay a fee to list their inventory and receive leads from interested buyers.

Today, CarGurus is one of the largest online automotive marketplaces in the United States and has expanded to other countries, including Canada, the United Kingdom, Germany, Italy, and Spain.