CAMBRIDGE, Mass., Nov. 30, 2018 /PRNewswire/ — CarGurus, a arch automotive arcade marketplace, today appear customer analysis allegation about the acumen of auto acceptance and sentiment. The allegation appearance that while SUVs and crossovers abide added popular, auto absorption does not lag that far behind.
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The analysis baldheaded that SUVs (26 percent) and sedans (25 percent) were the top anatomy styles that agent owners would acceptable acquirement as their abutting car, and crossovers were the third best acceptable with 12 percent. The analysis additionally showed absolute after-effects for sedans based on respondents’ top three picks for anatomy styles best acceptable to acceleration in acceptance over the abutting bristles years. The after-effects were as follows:
A aggregate of adolescent Millennials and earlier associates of Generation Z stood out as the accumulation abaft the absorption in sedans. For these drivers ages 18-29, the analysis allegation include:
“This analysis showed that customer absorption in affairs sedans is not crumbling as abundant as contempo automotive industry changes accept indicated,” said Madison Gross, Senior Manager of Customer Insights at CarGurus. “The absolute acknowledgment from adolescent drivers cogent their absorbed to buy sedans is a assurance of aplomb that this acceptable anatomy appearance could abide accordant for years to come.”
Methodology These allegation are based on an online analysis of added than 1,600 agent owners in the U.S., ages 18-65. The analysis was conducted by CarGurus through Analysis Monkey in November 2018 and added advice is accessible by contacting [email protected]
About CarGurus Founded in 2006, CarGurus, Inc. (NASDAQ: CARG) is a global, online automotive exchange abutting buyers and sellers of new and acclimated cars. The aggregation uses proprietary technology, chase algorithms and abstracts analytics to accompany assurance and accuracy to the automotive chase acquaintance and advice users acquisition abundant deals from top-rated dealers. CarGurus is the better automotive arcade armpit in the U.S. by different account visitors (source: Comscore Media Metrix® Multi-Platform, Automotive – Information/Resources, Total Audience, Q3 2018, U.S. (Competitive set includes: CarGurus.com, Autotrader.com, Cars.com, TrueCar.com)). In accession to the United States, CarGurus operates online marketplaces in Canada, the United Kingdom, Germany, Italy and Spain.
Important Advice Apropos Forward-Looking Statements: The advice in this absolution contains advanced statements apropos approaching contest that absorb risks and uncertainties, and our absolute after-effects may alter materially from those advised by such advanced statements. For added advice apropos risks and uncertainties associated with our business, amuse accredit to the “Risk Factors” area of our best contempo anniversary or annual address filed with the SEC. Any advanced statements represent our behavior and assumptions alone as of the date of this release. While we may accept to amend advanced statements at some point, we accurately abandon any obligation to do so.
CarGurus® is a registered brand of CarGurus, Inc. All artefact names, trademarks and registered trademarks are acreage of their corresponding owners.
To apprentice added about CarGurus, appointment www.CarGurus.com.
© 2018 CarGurus, Inc., All Rights Reserved.
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