CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve [Yahoo! Finance]
CarGurus, Inc. - Class A (CARG)
Last cargurus, inc. - class a earnings: 2/13 04:05 pm
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Source: Yahoo! Finance
as shoppers increasingly tap the power of online tools to research and guide their decisions BOSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles , today released its seventh annual U.S. Consumer Insights Report , examining shopper trends along the car buying and selling journey. Findings show year-over-year increases in buyer satisfaction, a decline in need-based purchases, and a rise in seller confidence as more consumers tap the power of online tools to inform their decisions. These shifts come at a time when vehicle pricing and selection have improved. According to CarGurus data , new car inventory increased by 31% year-over-year, helping moderate prices. Similarly, average used car prices have decreased by 3% over the same period as inventory has stabilized. In light of this, fewer shoppers in the CarGurus study cited available inventory as a top factor in their decis
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News
- CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection ImproveGlobeNewswire
- CarGurus, Inc. (NASDAQ: CARG) had its "market outperform" rating re-affirmed by analysts at JMP Securities. They now have a $46.00 price target on the stock.MarketBeat
- The last new car you can buy for less than $20,000 — and it's going away soon [USA TODAY]USA TODAY
- Market breadth woes, Trump tariffs to hit toys: Asking for a Trend [Yahoo! Finance]Yahoo! Finance
- Media M&A outlook, Bidenomics: Market Domination Overtime [Yahoo! Finance]Yahoo! Finance
CARG
Earnings
- 11/7/24 - Beat
CARG
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- CARG's page on the SEC website