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Shop Smart with CarGurus’ Mobile Site

May 31st, 2013

A recent study showed that 62% of Shoppers Use a Mobile Device in Stores to Check Prices. We’re not sure what the exact figure is for car shoppers, but we’re sure it’s comparable, and we at CarGurus want to help by putting all the information you need about a car at your fingertips while it’s right in front of you.

Mobile home pageWith our recently updated mobile site (accessible on your smartphone), we’ve given you, the potential buyer, powerful tools that can help you make better decisions when purchasing a vehicle. Loaded with a host of features that can be utilized only on a smartphone, it’s far from a watered-down version of our desktop site and seeks to put the tools you’ll need on the lot into your hands.

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Car Shopping, CarGurus Features and Updates, General Chat

Try Our Midlife Crisis Car Search

April 1st, 2012

Who, me?

Have you found yourself looking back wistfully lately, wishing you still had the strength, speed and stamina of your younger days? Don’t waste a second–try CarGurus’ Midlife Crisis Car Search right away and find ways to rekindle your youthful spark. (Don’t worry–we won’t tell your wife and kids.)

Car Minded, Car Shopping, CarGurus Features and Updates, General Chat

Going Diesel? Now Is the Best Time to Save on a Used Car

November 29th, 2011
Chevrolet Cruze

Ready for a diesel Cruze?

With all the attention hybrid cars get, compared with diesels, I’m surprised to read that they share a fairly minuscule segment of the auto market. Hybrids have about a 2 percent share of the market, while diesels, remarkably, have less than 3.

I’ve made my case for diesels here many times. I prefer them because they are more durable, produce more torque and deliver up to 30 percent better fuel efficiency than their gasoline counterparts. If gas prices rise, and diesel doesn’t rise as much, the extra cost for diesel-powered cars will be worth it. The benefits over hybrids are their long-term durability and no worries about battery replacement.

Diesel cars are gaining in popularity, more new models are entering the market, and used models could be priced as low as they’re going to get for a while.

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Car Industry News, Car Minded, Car Shopping, CarGurus Features and Updates, Domestic Cars, Foreign Cars, Gas for your car..., General Chat, Hybrid Cars , , , , , ,

How Patriotic Is Your Metro Area?

June 28th, 2011

U.S. flag on carWhen CarGurus started thinking about this year’s July 4th, we decided to take a look at which major U.S. metro areas are most patriotic in terms of car shopping. We looked at the cars our DealFinder shoppers have inquired about in 50 major metro areas, and we found that shoppers in some areas have a strong preference for American brand cars, while those in other areas actually prefer foreign cars.

We were not at all surprised to find that shoppers in the Detroit metro area had the strongest preference of all the areas we studied for American brand cars. St. Louis fell very closely behind, with Cleveland, Milwaukee and Tulsa completing our top five most patriotic car buying metro areas. The Midwest generally had the strongest interest in American cars.

California, meanwhile, took the bottom four slots in our list, meaning shoppers in the Los Angeles, San Francisco, San Diego and San Jose metro areas had the lowest interest in American brand cars. New York, Boston, Seattle and Miami also placed in our bottom 10, suggesting that car shoppers in metro areas on both coasts had the least interest in American brand cars.

Where did your metro area place in our ranking? You can see our complete list and read the whole study here.

Does patriotism come into play when you’re shopping for a car, or do you try to focus on practical or financial issues? Or maybe other considerations?

-hollerin

Find Used Cars in Your Area at CarGurus

Car Minded, Car Shopping, CarGurus Features and Updates, Domestic Cars, General Chat

A List of “Don’ts” to Consider When Selling Your Car

March 17th, 2011
Buyers check out 1974 Alfa Romeo GTV hot rod for sale

Buyers check out 1974 Alfa Romeo GTV hot rod for sale

We gave you the “Do’s” a couple of weeks ago in a piece about how to sell your car privately without problems. Now, in response to a story on MSN Autos, “10 Common Mistakes to Avoid When Selling Your Car,” we offer our (simpler and better) list of stupid things not to do.

There are five:

1. Don’t sell the car if you’re too far “upside down”—that is, if you owe a lot more than the car is worth. Yes, some accommodating lenders will roll your present car loan over and happily tack your balance owed onto a new loan. But that isn’t smart if it’s a big balance. Unless you like debt.

2. Don’t just pull a price out of the air, or from the Kelley Blue Book. Sam Smith, author of the MSN article, put it well:

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Car Minded, Car Shopping, CarGurus Features and Updates, Domestic Cars, Foreign Cars, General Chat

Selling Your Car Directly to an Individual—Without Problems

March 3rd, 2011

Used cars

Avoid the dealership hassle in selling your car

Most car gurus know they will get a better price selling their car privately rather than through a dealer. It’s retail versus wholesale. But to make that extra money, you’ll have to do a number of things that may be intimidating or difficult for you. In fact, they should be neither if you follow the guidelines we offer here.

For women who are leery about meeting and dealing with guy shoppers, my advice is always: Bring a friend with you. Here’s a good checklist. Selling privately takes time and effort, but you should reap some very tangible rewards.

Here are the steps:

  • Preparing the car and getting a vehicle history report
  • Pricing the car to sell
  • Advertising on DealFinder and locally
  • Dealing with buyers and lookers
  • Arranging financing and delivery

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Car Minded, Car Shopping, CarGurus Features and Updates, General Chat

CarGurus Announces Profitability

February 23rd, 2011

Drive to Bring Price Transparency to Online Auto Marketplace Pays Off for Cambridge, MA-based Company

CAMBRIDGE, Mass., February 23, 2011 — CarGurus, a leading online automotive community, today reported that it had achieved four consecutive profitable quarters in 2010 with 230% revenue growth over 2009. With more than 3 million unique visitors a month, CarGurus has grown to become one of the leading online automotive research sites on the web.

Of particular note, CarGurus’ DealFinder (www.cargurus.com) shopping service has seen a 793% year over year increase in traffic. Using proprietary pricing models, CarGurus’ DealFinder uses live market data to analyze more than 2 million car listings a day and help consumers find the best car deals in their local markets. CarGurus’ DealFinder is the first and only online automotive shopping service to bring complete price transparency to the traditional online autos listings business. Much like Kayak and Zillow in the travel and real estate markets, CarGurus helps consumers quickly and easily search for the best deals in their local markets.

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Car Industry News, Car Minded, Car Shopping, CarGurus Features and Updates, General Chat

Buying a Used Car? Wait for the Price to Drop

February 22nd, 2011

Majority of Used Cars Have Price Reductions After Only 30 Days on Market

CAMBRIDGE, Mass., February 22, 2011 – A study released today by leading online automotive community CarGurus.com shows that the majority (53%) of used cars listed for more than 30 days have at least one price drop. Newer used cars (model years 2007 – 2009) show even more aggressive price reductions, with 63% of cars listed for more than 30 days having at least one price drop. Since these newer models stay listed on average 45 days, the data suggests that consumers looking for deals should wait for the initial price drop before buying a used car.

In conjunction with the study, the company also introduced its new price tracking feature. Users of CarGurus’ DealFinder car shopping service now get access to the price history and days on market data for more than 2 million car listings. The first of its kind in the online car shopping market, price tracking enables users to keep tabs on the price drops for specific listings either online within DealFinder or through opt-in email alerts.

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Car Industry News, Car Minded, Car Shopping, CarGurus Features and Updates, General Chat

Men Are from Porsche, Women Are from Nissan

February 14th, 2011

Report On Most Preferred Cars By Gender Shows Guy Car & Girl Car Stereotypes Hold True

CAMBRIDGE, Mass., February 14, 2011CarGurus, the leading online automotive community, today released its “Fenders by Gender” Report, a ranking of the cars most preferred by men versus women, as well as vehicles equally popular with both genders. The men’s list is dominated by sports cars and rugged pickups. For women, practical cars top the list, with economy and mid-range priced crossovers ranking highest. Common ground seems to exist on a range of economy priced cars, although the luxury Mercedes-Benz SLK-Class also earned a spot on the “Most Agreed Upon” list.

“When it comes to cars, guys are definitely predictable, with the perennial favorite Porsche 911 topping the list,” said Langley Steinert, founder and CEO of CarGurus. “Women seem to be more interested in cars that combine practicality with style, whether that’s a crossover that offers space and durability or a sporty, reputable compact that is fun to drive. Where we see the most common ground is with economy and mid-range priced cars, perhaps a sign that price and value is one area where both genders agree.”

Top Ten Cars Men Love

  1. Porsche 911
  2. Chevrolet Corvette
  3. Dodge Ram Pickup 2500
  4. Subaru Impreza
  5. Mercedes Benz SL-Class
  6. Ford F-250 Super Duty
  7. BMW M3
  8. Chevrolet Silverado 1500
  9. Toyota Tundra
  10. Ford F-150

Top Ten Cars Women Love

  1. Nissan Rogue
  2. Ford Escape Hybrid
  3. Kia Rio
  4. Dodge Journey
  5. Nissan Armada
  6. Honda Fit
  7. Volkswagen Beetle
  8. Nissan Quest
  9. Dodge Avenger
  10. Lincoln MKX

Top Ten “Most Agreed Upon” Cars For Both Men and Women

  1. Chrysler 300
  2. Mitsubishi Eclipse
  3. Chevrolet Aveo
  4. Jeep Commander
  5. Dodge Nitro
  6. Toyota Highlander
  7. Volkswagen Jetta
  8. Mercedes Benz SLK-Class
  9. Hyundai Santa Fe
  10. Hyundai Sonata

Data and Methodology
The “Fenders by Gender” report is based on CarGurus’ analysis of the gender breakdown of completed sales inquiries to dealers from CarGurus’ DealFinder for the entire 2010 calendar year. For each car, CarGurus calculated the percentage of dealer inquiries that were made by males versus females and then ranked cars with the highest percentage of dealer inquiries from a given gender.

About CarGurus
CarGurus’ DealFinder is a free online car shopping service that helps consumers find the best deals on new and used cars. Indexing over 2 million listings a day, CarGurus’ DealFinder analyzes each car listing and compares the listed price against historic pricing models to gauge whether the listing is a good deal or bad deal. Located in Harvard Square, Cambridge, MA, CarGurus LLC is a leading online automotive community founded by Langley Steinert, formerly Chairman/co-founder of TripAdvisor LLC, the largest online travel site in the world. For more information about CarGurus, visit us at www.cargurus.com.

Contact: Kerry Metzdorf
Plum Advisors
978-463-2575
kerry@plumadvisors.com

Car Minded, Car Shopping, CarGurus Features and Updates, General Chat

Buying a Car? Time Is On Your Side

January 26th, 2011

CarGurus Analysis of Days on Market Suggests Opportunities for Buyers

CAMBRIDGE, Mass., January 26, 2011 — A study released today by the leading online automotive community, CarGurus® (http://www.cargurus.com/), indicates that low-mileage used cars take between one and two months to sell, which is close to double the time for older, less expensive models. For buyers, this means that for much of the used car inventory on the market, they have time to wait for the best deal.

“The notion that ‘this deal won’t last’ does not hold true in most cases, and consumers should know this as they head into a negotiation,” said Langley Steinert, Founder/CEO of CarGurus. “Older, lower-priced vehicles and Asian makes are indeed selling fast, but the bulk of the used car inventory actually sits on the market for more than a month and a half, with the strong likelihood of price drops the longer it takes to sell. So if you are looking to buy a used car, you probably have more time than you think to find a great deal.”

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Car Minded, Car Shopping, CarGurus Features and Updates, Domestic Cars, Foreign Cars, General Chat