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CarGurus Announces 2018 Top Rated Dealer Awards in Canada

Leading Automotive Shopping Site Recognizes Canadian Dealerships with Highest Shopper Ratings
CAMBRIDGE, Mass.,
June 13, 2018

CarGurus today announced its second annual list of CarGurus Top Rated Dealers. These awards are presented to a select group of car dealerships that received the highest average ratings from shoppers who submitted dealership reviews on the CarGurus platform. CarGurus now has the fastest growing audience among large Canadian automotive shopping sites*. For the 2018 program, the number of winning dealers more than doubled since the inaugural 2017 awards and winners had an average of 4.47 star rating from consumers – a testament to the dealer community’s commitment to excellence in customer experience.

“CarGurus users have an expectation of transparency and the ability to get a great deal from a top-rated dealer,” said Sam Zales, COO at CarGurus. “The Top Rated Dealer Awards celebrate the best dealers in Canada who deliver on the promise of a trustworthy and customer-satisfactory car shopping process.”

CarGurus’ verified consumer-submitted reviews are a hallmark of the company’s reputation as a trusted car shopping partner and valuable tool for dealers. Dealer reputation ratings, in conjunction with CarGurus Instant Market Value (IMV), rate the quality of the deal as Great, Good, Fair, High Price or Overpriced and rank a user’s search results accordingly – the best deals are always first in organic search results. The Top Rated Dealer program gives dealers the opportunity to promote independent validation of their excellence in customer service.

“The Autopark Toronto team is honoured to be recognized with this award,” said Dean Fera, General Manager at Autopark Toronto. “As part of the Humberview Group our belief in serving our customers better each and every day allows us to truly focus on the customer experience. We believe this is critical to our success, and is what drives high ratings from our customers.”

Canadian dealerships work with CarGurus to access ready-to-buy shoppers that have the necessary data to make an informed car purchase decision. For dealers, this means a more efficient customer acquisition channel and in-store process.

Canadian dealers wishing to activate their inventory on CarGurus and learn more about other advertising programs can sign up here or call (855) 533-1029.

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Shannon Todesca

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Media Contact
CarGurus
About CarGurus, Inc.

CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.(1) with the largest selection of inventory and network of dealers(3). CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.

CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.(4), and Autolist, a U.S.- based online marketplace.

To learn more about CarGurus, visit www.cargurus.com.

CarGurus® is a registered trademark of CarGurus, Inc.

All other product names, trademarks, and registered trademarks are the property of their respective owners.

1) Similarweb: Traffic and Engagement Report {Cars.com, Autotrader.com, TrueCar.com, CARFAX.com
Listings (defined as CARFAX.com Total Visits minus Vehicle History Reports)}, Q3 2025, U.S.


2) Sensor Tower Data: #1 downloaded Automotive Marketplace & Retailers app across all
active markets (US, CA, and UK) for the last eight consecutive quarters.


3) Compared to Autotrader.com (YipitData July/August 2025), Cars.com, TrueCar.com
(YipitData as of September 30, 2025), and CARFAX (Joreca as of September 30, 2025).


4) Similarweb: Traffic Insights, Q3 2025, U.K.

Cautionary Language Concerning Forward-Looking Statements

This press release includes forward-looking statements. Other than statements of historical facts, all statements contained in this press release, including statements regarding our plans to focus on technology and analytics that will enable smarter sourcing and pricing decisions; our business and growth strategy and our plans to execute on our growth strategy; our ability to grow our business profitably and efficiently; attractiveness and value proposition of our current offerings and other product opportunities; our ability to maintain existing and acquire new customers; addressable opportunities; and our intention to continue to invest in growth initiatives are forward-looking statements. The words “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “goal,” “guide,” “guidance,” “intend,” “may,” “might,” “plan,” “potential,” “predicts,” “projects,” “seeks,” “should,” “strive,” “target,” “will,” “would,” and similar expressions and their negatives are intended to identify forward-looking statements. We have based these forward-looking statements on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. You should not rely upon forward-looking statements as predictions of future events.

These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including risks related to our growth and our ability to grow our revenue; our relationships with dealers; competition in the markets in which we operate; market growth; our ability to innovate; increased inflation and interest rates, global supply chain challenges, changes in international trade policies, including tariffs, volatile economic conditions, and other macroeconomic issues; the impact of changes in tax law and related guidance and regulations that may be implemented, including on tax rates, our business, and our financial results; changes in our key personnel; natural disasters, epidemics, or pandemics; and our ability to operate in compliance with applicable laws as well as other risks and uncertainties as may be detailed from time to time in our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q and other reports we file with the U.S. Securities and Exchange Commission. Moreover, we operate in very competitive and rapidly changing environments. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, we cannot guarantee that future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. We are under no duty to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations, except as required by law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this press release.

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