Caution Regarding Forward-Looking Statements

Certain information contained in this and other presentations of CarGurus, including its subsidiaries and affiliates, on Navigate® ’21, other topics discussed at Navigate® ’21 and

the answers that can be given in response to questions about Navigate® ’21 may include “forward-looking statements”. We may, in some cases, use terms such as “anticipates”, “believes”, “might”, “estimates”, “expects”, “intends”, “probably”, “could”, ” could “,” could “,” “potential”, “predicted”, “projects”, “research”, “should”, “target”, “will”, “should” or other words that convey

the uncertainty of future events or results to identify such forward-looking statements. In particular, statements in this presentation and others regarding: industry trends; our knowledge of the market; our business and growth strategy and our plans to execute our growth strategy; the growth levers we expect to conduct our business; our brand awareness efforts; our ability to increase the size and engagement of our consumer audience; our investments and ability to drive the adoption of new and existing products and their benefits, including revenue growth opportunities; the attractiveness and value proposition of our current offerings and other product opportunities; our ability to retain our existing customers and acquire new customers; addressable opportunities; our success in international markets; the potential growth, scale and efficiency of CarOffer, as well as the value proposition of CarOffer’s business and expected transaction synergies; our future financial and business performance; the impact of the COVID-19 pandemic on our business and financial results; and other statements regarding our plans, prospects and expectations, are examples of such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including, without limitation, risks relating to our growth and ability to increase our revenues, our dealer relationships, competition on markets in which we operate, market growth, our ability to innovate, our ability to leverage our acquisitions and successfully implement related integration strategies, natural disasters, epidemics or pandemics, such as COVID-19 which has had a negative impact on our business, our ability to operate in compliance with applicable laws, as well as other risks and uncertainties which may be detailed from time to time in our annual form reports 10-K and Quarterly Reports on Form 10-Q and other reports we file with the Securities and Exchange Commission. These factors could cause actual results and developments to differ materially from those expressed or implied by such statements. Forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. Forward-looking statements are made only as of the date of this presentation (or any other applicable presentation) to Navigate® ’21 and we assume no obligation to update these forward-looking statements to reflect subsequent events or circumstances.

This and other presentation by CarGurus, including its subsidiaries and affiliates, to Navigate® ’21 also contains estimates and other statistical data, including that relating to our industry and the market in which we operate, which we have obtained or derived from studies and surveys prepared in-house, studies of third parties , industry publications and reports, as well as other publicly available information prepared by a number of third party sources. We rely on both internal data and Google Analytics for data relating to our own key business metrics and for consistency we rely on Comscore and, where applicable, third-party studies for data relating to comparisons with our competitors. Google Analytics, Comscore, and applicable third-party studies use different methodologies to derive their data and, therefore, their data for similar statistics is not comparable. These third party studies and industry publications and reports generally indicate that they have obtained their information from sources believed to be reliable, but do not guarantee the accuracy and completeness of their information. This information involves a number of assumptions and limitations, and you are cautioned not to place undue weight on these estimates, as there is no assurance that any of them will be achieved. Based on our experience, we believe that these third party studies and industry publications and reports are reliable and that the conclusions contained therein are reasonable. In addition, you are cautioned not to rely on our extrapolations from studies and surveys prepared in-house and / or from third party studies, as these are estimates involving a number of assumptions and limits, which we cannot guarantee will be reached.

CarGurus® and navigate® are registered trademarks of CarGurus, Inc. and CarOffer® is a registered trademark of CarOffer, LLC. All other product names, trademarks and registered trademarks are the property of their respective owners.

© 2021 CarGurus, Inc., All rights reserved.

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