It’s no secret that today’s buyers are increasingly completing more of the car-buying process online. With so many resources available, digital makes it easy to research makes and models, compare prices, and importantly, research sellers’ reputations. More than half of CarGurus buyers (57%) say they always look at a dealer’s reviews before contacting them.* Reviews […]

The auto industry has endured tremendous changes over the past two years as the world continues to deal with the impact of the COVID-19 pandemic. However, for many dealers, 2021 was a year of recovery, profitability, and hope. And at CarGurus, we also accomplished a lot in 2021, and we’re excited about the future of […]

With a resolution to the ongoing global chip shortage unlikely in 2021, average listing prices have continued to increase as supply remains limited. Despite the steeper price tags, consumer demand for vehicles remains high. We decided to dig into our search data from last quarter to understand what impact high prices and limited vehicle availability […]