Core Insights - The Q3 2025 analysis by CarGurus indicates a bifurcated market where budget-conscious buyers are leaning towards older used vehicles while affluent consumers are driving demand for new luxury models [1][2] Market Dynamics - Overall demand for new and used vehicles remains robust, with a notable shift in consumer behavior in response to market changes [2] - Year-over-year sales trends reveal a significant divide between value-focused buyers and higher-income shoppers, highlighting the importance of monitoring this balance in the future [2] Used Vehicle Market - In 2025, the majority of used retail sales growth is concentrated in vehicles priced under $30,000, which accounted for approximately 73% of the year-over-year increase in used sales [5] - The growth in this segment is primarily driven by vehicles aged seven years or older [5] - Coastal states, particularly California, Florida, Texas, and Virginia, have the highest availability of used vehicles priced under $20,000, with at least 30% of listings in this range as of September [5] New Vehicle Market - Luxury vehicle sales are being propelled by affluent buyers, with nearly half of new luxury growth occurring in the $70,000 to $90,000 price range, alongside strong demand for vehicles priced at $120,000 and above [5] - European brands are leading the growth in the upper-tier market, although tariff exposure remains a concern [5] - As of September, over 40% of luxury listings were 2026 models, with an average price approximately 6% higher than comparable 2025 models [5] Electric and Hybrid Vehicles - New electric vehicle (EV) sales surged by 53% quarter-over-quarter, while used EV sales increased by 16% ahead of federal tax credit expirations [5] - Hybrid vehicle sales are also experiencing significant growth, with new hybrid sales up about 50% year-over-year, particularly in the $30,000 to $40,000 price range [5] - The outlook for hybrids may improve due to fewer upcoming EV launches and expectations of muted EV demand [5]

Core Insights - CarGurus, Inc. is scheduled to participate in the 2025 Goldman Sachs Communacopia + Technology Conference on September 8, 2025, at 11:50 AM ET [1] - A webcast of the event will be available on the company's Investor Relations page, with an archive accessible for 180 days post-event [2] Company Overview - CarGurus is a leading online automotive platform for buying and selling vehicles, utilizing proprietary technology and data analytics to enhance the automotive shopping experience [3] - The platform operates not only in the U.S. but also in Canada and the U.K., and includes independent brands like Autolist and PistonHeads [4] - CarGurus is recognized as the most visited automotive shopping site in the U.S. [3]

Core Viewpoint - CarGurus, Inc. will announce its financial results for the quarter ended June 30, 2025, on August 7, 2025, after market close [1] Group 1: Financial Results Announcement - The financial results will be reported via a press release [1] - A conference call and live webcast will be held at 5:00 p.m. Eastern Time on August 7, 2025, for investors and analysts [2] - An audio replay of the call will be available from 8:00 p.m. Eastern Time on August 7, 2025, until 11:59 p.m. Eastern Time on August 21, 2025 [3] Group 2: Company Overview - CarGurus is a leading online automotive platform for buying and selling vehicles, utilizing proprietary technology and data analytics [4] - The company operates in the U.S., Canada, and the U.K., and also manages independent online marketplaces like Autolist and PistonHeads [5] - CarGurus is recognized as the most visited automotive shopping site in the U.S. [4]

Core Insights - CarGurus, Inc. is the leading digital auto platform for shopping, buying, and selling new and used vehicles, with a scheduled participation in a fireside chat at William Blair's 45th Annual Growth Stock Conference on June 3, 2025 [1][2] Company Overview - CarGurus operates as a multinational online automotive platform, enhancing its listings marketplace with digital retail solutions and the CarOffer online wholesale platform [3] - The platform provides consumers with confidence in purchasing and selling vehicles, while enabling dealerships to accurately price, market, acquire, and sell vehicles effectively [3] - CarGurus is recognized as the most visited automotive shopping site in the U.S., with additional operations in Canada and the U.K., as well as independent brands like Autolist and PistonHeads [3][4]

Core Insights - CarGurus, Inc. is the leading digital auto platform for shopping, buying, and selling vehicles, with a scheduled participation in the J.P. Morgan 53rd Annual Global Technology, Media and Communications Conference on May 13, 2025 [1] Company Overview - CarGurus operates a multinational online automotive platform that enhances its listings marketplace with digital retail solutions and the CarOffer online wholesale platform [3] - The platform provides consumers with confidence in purchasing or selling vehicles online or in-person, while enabling dealerships to accurately price, market, acquire, and sell vehicles effectively [3] - CarGurus is recognized as the most visited automotive shopping site in the U.S. [3] Market Presence - In addition to the U.S. market, CarGurus operates online marketplaces in Canada and the U.K., and also manages independent brands such as Autolist in the U.S. and PistonHeads in the U.K. [4]