Company description

CARG, also known as CarGurus Inc., is an online automotive marketplace that connects buyers and sellers of new and used cars. The company was founded in 2006 and is headquartered in Boston, Massachusetts. CARG has a unique pricing algorithm called "Deal Rating" that compares the price of a car to similar vehicles in the market and provides a rating to help buyers assess the fairness of the price. With over 5.5 million cars listed on their platform, CARG has become one of the largest online marketplaces for buying and selling cars. The company has expanded its operations globally, with a presence in the United Kingdom, Canada, and Germany, among other countries. CARG also offers various tools and resources for both buyers and sellers, including reviews, car history reports, and financing options. The company has a mobile app for easy access to their services and has received numerous accolades for its customer satisfaction and innovative business model. With a strong financial performance and a growing user base, CARG continues to revolutionize the way people buy and sell cars online.