CarGurus Presents its 10th Annual Top Dealer Awards

New award category announced in celebration of the program’s milestone year

14 Aug. 2024: CarGurus (Nasdaq: CARG), a leading automotive marketplace in the U.K. to shop, buy, and sell used vehicles, today released its 10th annual Top Dealer Awards(i) recognizing dealerships that provide shoppers with exceptional service, guidance, and support. To commemorate the program’s milestone anniversary, CarGurus has introduced a new award category showcasing dealer commitment to customer satisfaction in today’s digital age.

“It has been an honour over the past decade to celebrate the dealers that, like CarGurus, prioritise consumer trust, transparency, and ease in the car buying and selling journey,” said Sam Zales, CarGurus President and Chief Operating Officer. “As the shopping experience has evolved and consumers look to online tools to build even more confidence in the process, we feel it’s important to update our awards to highlight the dealers who are successfully empowering customers to shop their way - whether online, in-person, or a mix of both.”

CarGurus Top Dealer Award categories include:
- Top-Rated Dealer recognizes the dealers that received a minimum average rating of 4.5 out of 5 in 2023 with at least five new reviews for dealers in the U.S., four new reviews for those in Canada and the U.K.
- Top Value Dealer is a new award honouring the top 100 dealerships in each region with the highest percentage of inventory rated as a “Good” or “Great” deal in 2023.

Informed by verified customer reviews and analysis of vehicle listings data in the CarGurus platform, the Top Dealer Awards provide unbiased validation of a dealer’s commitment to customer service.

CarGurus’ Top Dealers will be notified of the honour, along with tools to promote their recognition in-store and online, including newly released inventory page badging on CarGurus.com.

About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is a multinational online automotive platform for buying and selling vehicles. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle, and it gives dealerships the power to accurately price, effectively market, and quickly sell vehicles, all with a nationwide reach. The company uses proprietary technology, search algorithms, and data analytics to bring trust, transparency, and competitive pricing to the automotive shopping experience.

CarGurus operates online marketplaces under the CarGurus brand in the U.K., Canada, and U.S., where it is the most visited automotive shopping site(ii). The CarGurus network of brands also includes PistonHeads, the largest online motoring community in the U.K(iii); Autolist, a U.S.-based online marketplace; and CarOffer, a digital wholesale marketplace serving the U.S.

To learn more about CarGurus in the U.K., visit CarGurus.co.uk, and for more information about PistonHeads, visit PistonHeads.com.

CarGurus® is a registered trademark of CarGurus, Inc., and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

(i)CarGurus’ Top Dealer Program launched in the U.S. in 2015, expanding to the U.K. and Canada in 2017
(ii)Similarweb: Traffic Insights, Q2 2024, U.S.
(iii)Similarweb: Traffic Insights, Q2 2024, U.K.

Media Contact:

Maggie Meluzio
CarGurus
pr@cargurus.com

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