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CarGurus, Inc. is a Boston, Massachusetts-based automotive research and shopping website that assists users in comparing local listings for used and new cars, and contacting sellers. [ 1 ] [ 2 ] History
Steinert founded the company CarGurus, a company that assists users in comparing local listings for used and new cars, and contacting sellers, in January 2006. [8] Steinert served as CEO of the company until 2021, when he stepped down, replacing him with Jason Trevisan.
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The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Separately, in December 2017, TrueCar and the California New Car Dealers Association settled a lawsuit that the association had brought against TrueCar in 2015. [33] In its lawsuit, the association had alleged that TrueCar's billing model violated California law. [33] As part of the settlement, TrueCar agreed to modify its billing model in ...
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