Most automobile buyers and sellers start their search for a new vehicle online. So before even researching vehicles a shopper must choose a website (or several) to begin their search. CarGurus is one option that pops up. Keeping this in mind we'll address the inevitable question "Is CarGurus legit?" We'll look at what makes Cargurus tick before delving into how its services affect a car search.

To make things easy we have done some rigorous research to find out all about this brand. We will address any questions you may have about this platform. Without wasting any more time let's start our honest review of CarGurus.

What is CarGurus?

CarGurus is an online car-shopping platform where dealers and individuals may advertise new and used cars for sale. CarGurus situated in Massachusetts was founded in 2006 and has evolved into a prominent online car-buying site that went public in 2017. The corporation is trading at $19 per share as of May 12 2023 far from its $16 IPO price. According to CarGurus their site contains over 5 million listings. CarGurus introduced CarOffer in 2022 a quick cash offer service for owners who wish to sell their automobiles online.

How Does CarGurus Work?

The CarGurus platform uses data analysis tools unique algorithms and strategies to provide the best resale value cars and to make sure that the process of looking for a car is fair. IMV stands for "Instant Market Value" which is another name for these programs. It's a scoring system that tries to put cars where they belong.

CarGurus helps you in:

1. Prepare and list your automobile for sale.
2. View genuine offers from genuine buyers.
3. Allow potential buyers to contact you anonymously using the CarGurus communication system.
4. Complete the transaction and get the payment

How CarGurus Calculates the Price?

When you upload information about your vehicle to CarGurus the platform estimates its value by comparing it to other listings for the same vehicle. Before arriving at the final amount it takes into account all current and prior listings. Other elements relating to the automobile and dealers also have a significant role in the pricing process. These variables are as follows:

1. Past accident history
2. Mileage
3. Dealer track record
4. Car’s condition

The name of the dealer is a big part of how they are listed. It shows how the customer works with the dealer. When you buy a car from a dealer you can rate the dealer on the site based on your experience. The end price for the car is based on the customer reviews on CarGurus and the other factors listed above.

Why Choose CarGurus?

CarGurus is made for people who want to sell their cars and get some extra cash. It's also for people who want to look at both new and used car ads before getting in touch with buyers. CarGurus rates used cars as per their condition and specifications to make things extremely easy for buyers and sellers. CarGurus offers you a platform that you can trust blindfolded. How can one say no if it is offering features like:

1. Trustworthy marketplace with unbiased vehicle listings.
2. The costs produced by the IMV tool do not differ much from those of local dealerships.
3. You can bargain with the buyer.
4. Sell your automobile with confidence - you'll receive up to $75000 in protection for a safe online transaction.

How to Sell Your Car With CarGurus?

Step 1: Do the Paperwork

The first thing you should do when selling your car is to gather all the paperwork you need. Most buyers don't pay attention to it and leave it for last. If you are not careful gathering the papers can be a lot of work. So you should get all the papers ready before you do anything else. Here is a list of the paperwork you'll need to get ready to safely hand over the car to the buyer:

Title transfer form: When you sell your car the first thing the state wants you to do is to fill out the title transfer form. You just need to go to the Department of Motor Vehicles (DMV) in your state to get the form. Give the customer and yourself as much information as you can. Pay the fee to change the title and you're done.

Bill of sale: You will need this paper when you sell something. When you get paid for the car you can also go to the DMV to fill out this form. On the form there is information about the seller and the buyer. It might also say when it was bought and how much it cost.

Release of Liability: Release of liability means that the DMV sends any liability or fine to you when you have the car. Since you are selling your car this form will release you from any legal obligations. Now that the car has a new owner it is their responsibility to stop at red lights.

Step 2: Get your car serviced

Just like you other people want to buy a clean car. A wet scratched and dirty car will give the buyers a bad first impression.

To make sure that doesn't happen you need to get your car ready to sell. Both the outside and the inside of the car should be washed carefully. During a test drive pay extra attention to the parts that mean the most. If the car needs a new coat of paint you should do that.

Step 3: Upload Pictures of Your Car

CarGurus is a website where you can buy and sell cars and buyers can see pictures of your car. Be honest about the state of your car. If you lie about it in your ads or pictures your clients might be surprised and back out of the deal. If the car has any dents or other flaws you should also show them in your pictures.

Take many shots from all sides. Pick the ones that you like best. Don't change the pictures or add effects because you're not trying to promote your car you're trying to sell it. You can take pictures with a digital camera or a smartphone as long as the pictures are good.

Step 4: List Your Car for Sale

Once you have all the paperwork pictures and your car ready to sell it's time to put it on CarGurus. Compare the IMV study to other ads to get an idea of how much your car is worth.

Step 5: Get Paid

Once the customer agrees to the deal it's time to get paid. You can use any of the following ways to get paid:

1. Cash
2. Escrow Service
3. Bank check

After you get paid you can hand over all the paperwork and give the buyer the title. If you've sold your car and no longer want to hear about it remove your ad from CarGurus.

CarGurus App Review

CarGurus app makes it easy for users to search through hundreds of new and used vehicle listings from online merchants like Vroom and local sellers like dealerships and individuals. Many of the best car-buying applications provide a large inventory access to vehicle history data and competitive pricing features.

You can easily browse new and CarGuru's used cars ads receive price ratings and price drop notifications for related items and ask auto-buying questions on a user forum. The app also includes expert and user evaluations for various automobile models which may help you decide whether a certain vehicle is suited for you.

Final Thoughts

Overall CarGurus is a good place to look if you're buying or selling a car. Even if you're just looking for information the "Car Values" and "Research" tabs are great places to start. There you can find out how much specific cars are worth and read CarGuru's reviews of how they drive.

So if you are planning to buy or sell a car Cargurus is the place for you. Just follow some easy steps and get things done in a quick and easy way. Visit Carguru today to make hectic things easy and fun.