CAMBRIDGE, Mass. -

CarGurus said Wednesday it has brought its CarGurus Instant Max Cash Offer program — which allows dealers to acquire used cars online from consumers — to five more states.

CarGurus Instant Max Cash Offer launched in late July and was initially available in Florida, Massachusetts and Texas.

The company has now added Georgia, Michigan, Pennsylvania, Connecticut and Rhode Island to that list.

“CarGurus Instant Max Cash Offer has struck at the core of the two most prevalent trends impacting automotive today,” CarGurus president and chief executie officer Sam Zales said in a news release.

“Consumers want to do more car shopping and selling online, and we are empowering more to do so with this five-state expansion. As a result, we’re helping our dealer partners solve their greatest pain point through access to our growing supply of exclusive used inventory,” Zales said.

“We’re thrilled by the early success we’ve had with CarGurus Instant Max Cash Offer from both the consumer experience and dealer response perspectives and look forward to building on our momentum and continuing our nationwide rollout.” 

The platform is powered by CarOffer, a company in which CarGurus purchased a majority stake this winter.

CarGurus Instant Max Cash Offer utilizes the CarOffer Buying Matrix platform to facilitate consumer car sales to dealers

Consumers  can go to the “Sell My Car” page on the CarGurus website and type in the vehicle information to receive offers from the dealer network.

If the consumer chooses to move forward with the offer, CarGurus picks up the vehicle (at the location designated by the consumer) through a “white glove” concierge service, inspects the vehicle at that location and delivers it to the dealer’s lot. The consumer is paid once the car passes the inspection.

Dealers who are in the CarGurus/CarOffer network can utilize this tool by filling out CarOffer’s Buying Matrix.