Cars.com Inc. Acquires DealerClub, Expanding Trade & Appraisal Platform Capabilities With Reputation-Based Dealer-to-Dealer Digital Wholesale Auction
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Cars.com Inc. has acquired DealerClub for approximately $25 million in cash, enhancing its trade and appraisal platform with a reputation-based dealer-to-dealer digital wholesale auction.

January 24, 2025 | 12:45 pm
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Cars.com Inc. has acquired DealerClub for $25 million, enhancing its digital wholesale auction capabilities. This strategic move is likely to strengthen its market position and expand its service offerings.
The acquisition of DealerClub by Cars.com Inc. is a strategic move to enhance its trade and appraisal platform. This expansion into reputation-based dealer-to-dealer digital wholesale auctions is likely to strengthen Cars.com's market position and service offerings, potentially leading to positive investor sentiment and a short-term increase in stock price.
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