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602% rate increase - Cargurus

Carp?!! Ewwwwwww - Its a Red Drum. They have a breeding run in the fall, very fun....

My personal belief is that every used car is a unicorn - there is not another one like it. If people are in the market for it - they will find it if you put it out there. No need for super duper Executive Premium Diamond Premier listing status. Yes, you will be on page 2 or not at the top but since we have a fairly large used car inventory - last time I checked we were around the 5.5 to 6% market share in our AT/Cars regions - I do not see the need to spend anything more than the bare minimum then negotiate down from there. I have heard good things about CarFax - whats Edmunds? :)lol:) - but AT and Cars are the classics and still show up on page one of the SERPs so I would list my cars there.

Its personal between CG and I - after they told me that the reason my CPO accord that was the only one in 500 miles with less than 12K miles was $5k over a fair deal and displayed that to my customers comparing it to some car farm down in Texas - its was lights out for me. When you start at 110% PTM the last thing you want is your vendor you pay a buttload to telling your customer how bad of a deal they are getting.
Oh, like that kid in The Shining kept chanting. :lol:

I lied. I also have CarFax listings (about a year in). I completely forget about them because I split out their history report cost and expense it differently than their listings. I pay about $600 per store per month for listings (the way I expense them) on CarFax. Yes, very solid result so far. Lower funnel shopper. So I guess I have three major listings. Cost per is still pretty low for us. Edmunds actually sends a crap ton of mobile referrals to our sites with decent conversions.
 
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✨ AI Highlights

A dealership received a shocking 602% rate increase from CarGurus (from $795 to nearly $5,000/month), justified by the platform's algorithm based on lead volume and cost-per-lead metrics—though many of those leads were low-quality inquiries from out-of-state buyers interested in cheap vehicles. More experienced forum members advised the dealer to negotiate firmly rather than walk away, and suggested practical tactics like setting geographic radius limits on leads and leveraging data comparisons to push back on CarGurus's pricing demands.

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