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CarGurus Presents its 10th Annual Top Dealer Awards

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CarGurus (Nasdaq: CARG) has announced its 10th annual Top Dealer Awards, introducing two new categories to celebrate the milestone. The awards recognize dealerships providing exceptional service, guidance, and support to shoppers. The three award categories are:

1. Top-Rated Dealer: For dealers with a minimum 4.5/5 average rating in 2023.
2. Top Value Dealer: New award for top 100 dealerships with the highest percentage of 'Good' or 'Great' deal inventory.
3. Top Digital Dealer: New U.S. category for top 100 dealers enabling online purchases.

The awards are based on verified customer reviews and vehicle listings data, providing unbiased validation of dealer commitment to customer service. Winners receive promotional tools, including inventory page badging on CarGurus.com.

CarGurus (Nasdaq: CARG) ha annunciato i suoi 10° Premi Annuali per i Migliori Rivenditori, introducendo due nuove categorie per celebrare questo traguardo. I premi riconoscono le concessionarie che offrono un servizio eccezionale, guida e supporto agli acquirenti. Le tre categorie di premi sono:

1. Rivenditore Migliore: Per i rivenditori con una valutazione media di almeno 4.5/5 nel 2023.
2. Rivenditore di Miglior Valore: Nuovo premio per le prime 100 concessionarie con la percentuale più alta di inventario a 'Buon' o 'Ottimo' prezzo.
3. Rivenditore Digitale Top: Nuova categoria per gli Stati Uniti per le prime 100 concessionarie che permettono acquisti online.

I premi si basano su recensioni di clienti verificate e dati sulle inserzioni di veicoli, fornendo una validazione imparziale dell'impegno dei rivenditori nel servizio clienti. I vincitori ricevono strumenti promozionali, inclusi i distintivi sulla pagina dell'inventario su CarGurus.com.

CarGurus (Nasdaq: CARG) ha anunciado sus 10° Premios Anuales a los Mejores Concesionarios, introduciendo dos nuevas categorías para celebrar este hito. Los premios reconocen a los concesionarios que ofrecen un servicio excepcional, orientación y apoyo a los compradores. Las tres categorías de premios son:

1. Concesionario Mejor Valorado: Para concesionarios con una calificación promedio de al menos 4.5/5 en 2023.
2. Concesionario de Mejor Valor: Nuevo premio para los 100 mejores concesionarios con el mayor porcentaje de inventario de 'Buen' o 'Excelente' negocio.
3. Concesionario Digital Top: Nueva categoría para EE.UU. para los 100 mejores concesionarios que permiten compras en línea.

Los premios se basan en reseñas verificadas de clientes y datos de listados de vehículos, proporcionando una validación imparcial del compromiso de los concesionarios con el servicio al cliente. Los ganadores reciben herramientas promocionales, incluyendo insignias en la página de inventario en CarGurus.com.

CarGurus (Nasdaq: CARG)는 그들의 10회 연례 최우수 딜러 상을 발표하며 이 이정표를 기념하기 위해 두 개의 새로운 카테고리를 도입했습니다. 이 상은 뛰어난 서비스, 안내 및 고객을 위한 지원을 제공하는 딜러십을 인정합니다. 상의 세 개 카테고리는 다음과 같습니다:

1. 최우수 평가 딜러: 2023년 평균 평가 4.5/5 이상인 딜러를 위한 상입니다.
2. 최고 가치 딜러: '좋음' 또는 '훌륭함' 거래 목록 비율이 가장 높은 100개 딜러십을 위한 새로운 상입니다.
3. 디지털 최우수 딜러: 온라인 구매를 허용하는 상위 100개 딜러를 위한 미국의 새로운 카테고리입니다.

이 상은 검증된 고객 리뷰와 차량 목록 데이터를 기반으로 하며, 딜러의 고객 서비스에 대한 헌신을 공정하게 검증합니다. 수상자들은 CarGurus.com의 재고 페이지 배지를 포함한 프로모션 도구를 받습니다.

CarGurus (Nasdaq: CARG) a annoncé ses 10° Prix Annuels des Meilleurs Concessionnaires, introduisant deux nouvelles catégories pour célébrer cet événement marquant. Les récompenses reconnaissent les concessionnaires offrant un service exceptionnel, des conseils et un soutien aux acheteurs. Les trois catégories de prix sont :

1. Concessionnaire le Mieux Noté : Pour les concessionnaires ayant une note moyenne d'au moins 4.5/5 en 2023.
2. Concessionnaire de Meilleure Valeur : Nouveau prix pour les 100 meilleurs concessionnaires avec le pourcentage le plus élevé d'inventaire considéré comme 'Bon' ou 'Excellent'.
3. Concessionnaire Digital d'Excellence : Nouvelle catégorie pour les États-Unis pour les 100 meilleurs concessionnaires permettant des achats en ligne.

Les prix sont basés sur des avis clients vérifiés et des données d'annonces de véhicules, offrant une validation impartiale de l'engagement des concessionnaires envers le service client. Les gagnants reçoivent des outils promotionnels, y compris des badges sur la page d'inventaire de CarGurus.com.

CarGurus (Nasdaq: CARG) hat die 10. jährlichen Top-Händler-Auszeichnungen angekündigt und zwei neue Kategorien eingeführt, um diesen Meilenstein zu feiern. Die Auszeichnungen würdigen Händler, die außergewöhnlichen Service, Beratung und Unterstützung für Käufer bieten. Die drei Auszeichnungskategorien sind:

1. Bester Händler: Für Händler mit einer Mindestbewertung von 4.5/5 im Jahr 2023.
2. Bester Wert Händler: Neue Auszeichnung für die 100 besten Händler mit dem höchsten Anteil an 'Guten' oder 'Tollen' Angeboten.
3. Bester Digital Händler: Neue Kategorie für die USA für die 100 besten Händler, die Online-Käufe ermöglichen.

Die Auszeichnungen basieren auf verifizierten Kundenrezensionen und Fahrzeuglistungsdaten, die eine objektive Validierung des Engagements der Händler für den Kundenservice bieten. Die Gewinner erhalten Werbemittel, einschließlich Abzeichen auf den Bestellseiten von CarGurus.com.

Positive
  • CarGurus introduces two new award categories, showcasing adaptation to evolving market trends
  • Awards provide unbiased validation of dealer commitment to customer service, potentially boosting credibility
  • Winners receive promotional tools, including inventory page badging on CarGurus.com, potentially increasing visibility and sales
Negative
  • None.

Two new award categories announced in celebration of the program’s milestone year

CAMBRIDGE, Mass., Aug. 14, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its 10th annual Top Dealer Awards2 recognizing dealerships that provide shoppers with exceptional service, guidance, and support. To commemorate the program’s milestone anniversary, CarGurus has introduced two new award categories showcasing dealer commitment to customer satisfaction in today’s digital age.

“It has been an honor over the past decade to celebrate the dealers that, like CarGurus, prioritize 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 honoring the top 100 dealerships in each region with the highest percentage of inventory rated as a “Good” or “Great” deal in 2023.
  • Top Digital Dealer is a new category for dealerships in the U.S. who are leading the charge in digital retail enablement to answer rising demand from shoppers to do more from home. The award recognizes the top 100 dealers with the highest percentage of inventory in 2023 configured to let shoppers start their purchase online—including securing financing and placing a deposit—for faster, more efficient sales.

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.

“We focus on creating a customer experience that is as transparent and straightforward as possible so that we can consistently meet, if not exceed, expectations. Our standing as a CarGurus Top Dealer and winner across all three categories reflects that commitment and reinforces customer trust in our brand,” said Gary Pretzfeld, co-owner of AutoTrust USA, a Miami-area pre-owned dealership. “CarGurus features like vehicle deal ratings and online financing tools through Digital Deal enable shoppers to come to our dealership feeling informed and ready to transact, while helping us deliver on our customer-focused mission.”

CarGurus’ Top Dealers will be notified of the honor, 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 that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus platform gives consumers the confidence to purchase and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire, 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 is the most visited automotive shopping site in the U.S. 1

CarGurus also operates online marketplaces under the CarGurus brand in Canada and the U.K. In the U.S. and the U.K., CarGurus also operates the Autolist and PistonHeads online marketplaces, respectively, as independent brands.

To learn more about CarGurus, visit www.cargurus.com, and for more information about CarOffer, visit www.caroffer.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.

1 Similarweb: Traffic Insights, Q2 2024, U.S.
2CarGurus’ Top Dealer Program launched in the U.S. in 2015, expanding to the U.K. and Canada in 2017

Media Contact:
Maggie Meluzio
Director, Public Relations & External Communications
pr@cargurus.com

Investor Contact:
Kirndeep Singh
Vice President, Head of Investor Relations
investors@cargurus.com


FAQ

What are the three categories of CarGurus' Top Dealer Awards for 2024?

The three categories are Top-Rated Dealer, Top Value Dealer (new), and Top Digital Dealer (new for U.S. dealers).

How are CarGurus' Top Dealer Awards determined?

The awards are determined by verified customer reviews and analysis of vehicle listings data on the CarGurus platform.

What benefits do winners of CarGurus' Top Dealer Awards receive?

Winners are notified of the honor and receive tools to promote their recognition in-store and online, including newly released inventory page badging on CarGurus.com.

What is the criteria for the Top-Rated Dealer award from CarGurus (CARG)?

The Top-Rated Dealer award recognizes dealers that received a minimum average rating of 4.5 out of 5 in 2023 with at least five new reviews for U.S. dealers, and four new reviews for those in Canada and the U.K.

CarGurus, Inc.

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