Our Philosophy

Social responsibility is a critical tenet of the CarGurus culture, and our approach to corporate citizenship is built for the long haul with integrity, community engagement, inclusion, and sustainability in the driver’s seat.

Because building a better future isn’t just a pit stop for us - it’s our destination.

We Are Pioneering
From the beginning, we set out to radically change how people buy and sell cars. We tackle difficult problems head-on. We are curious. We are risk-takers. We embrace change even if it’s uncomfortable.
We Are Data-Driven
We rely on data, not hunches, to make decisions. We listen to our instincts but we validate through rapid testing, learning and optimizing. We translate complex data into actionable insights for our users, our customers and our people.
We Are Collaborative
We celebrate our individual strengths and perspectives but know that our success requires teamwork. We partner, we listen and we leverage feedback from each other, our users and our customers.
We Are Transparent
We believe transparency is the foundation of trust and enables better decision making. We communicate clearly and honestly. We deliver unbiased guidance. Our products, services and company culture are built on these principles.
We Have Integrity
We act responsibly and consider the impact of our actions on each other, our partners and the world around us. We believe empathy, respect and fairness are essential. We set high ethical standards and expect principled leadership from our people.
We Move Quickly
We believe there’s power in speed. We iterate quickly and often, continuously improving as we go. We are not afraid to break things. If we fail, we do it fast, learn from it and move on.

Our values of Integrity and Transparency are at the core of our approach to responsible governance. We are committed to continuously improving and refining a sustainable governance structure that fosters long-term stockholder value, focusing on legal compliance and building value for all stakeholders.

We act responsibly and are committed to the highest standards of ethics, business integrity, and corporate governance, including corporate governance best practices:

Governance Highlights

Independent and Responsible Board

  • Majority Independent Board (5 of 7 members)
  • All independent committee members
  • Regular executive sessions of independent directors
  • Annual Board and Committee anonymous self-evaluations
  • Board member participation in other company boards limited
  • Related Person Transaction Policy with oversight by the Audit Committee
  • Comprehensive Corporate Governance Guidelines & Code of Conduct

Compensation Policies

  • Pay-for-Performance Compensation Policy
  • Prohibition of short sales, transactions in derivatives and hedging, and pledging of our stock by directors and executive officers
  • Compensation Recoupment Policy

Code of Conduct

CarGurus is guided by a strong Code of Conduct that sets clear expectations for ethical behavior across our team. We prohibit bribery, discrimination, and any form of unethical conduct — and we strictly enforce a no-retaliation policy to protect those who speak up or report concerns. All employees receive training on the Code during onboarding and through ongoing refreshers.

Spotlight on: AI Governance

CarGurus takes an AI-forward approach to business, prioritizing innovation while ensuring safety and responsibility.

We’ve established an AI Governance Working Group focused on:

  • Regulatory compliance
  • Industry best practices

Whistleblower Hotline

www.whistleblowerservices.com/CARG or 1-877-325-9953 is available 24/7, 365 days a year to anonymously report concerns regarding our accounting, internal accounting controls, auditing matters, and other matters relating to our business conduct and ethics.

We maintain a number of policies and guidelines to facilitate strong corporate governance practices in alignment with the best interests of our customers, partners, and stockholders.

View All Governance Documents

Investor Contact

Kirndeep Singh
VP, Head of Investor Relations