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CarGurus: The AI-Driven “CG Discover” Pivot That Could Transform How Cars Get Bought!

CarGurus delivered a robust financial performance during the third quarter of 2025, marked by significant achievements across various areas. The company’s marketplace revenue grew by 14% year-over-year, driven by substantial increases in both U.S. and international sectors. This growth is attributed to dealer upgrades, broader adoption of add-on products, and improvements in lead quality and quantity. Furthermore, CarGurus continued to expand its dealer network, adding a net of 1,989 new dealers globally, with a noted increase in international revenue, particularly from Canada and the U.K. CarGurus’ strategic focus on expanding its range of data-driven solutions has been instrumental in strengthening its market position. The launch of PriceVantage, a machine learning-based pricing tool, exemplifies the company’s commitment to innovation. This tool, informed by the platform’s extensive data set, assists dealers in making more informed pricing decisions, ultimately aiding in better inventory turnover and profitability.