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CARSNYSEMarket closedOpens 9:30am ET

Cars.com Inc.

$10.42Last updated
-$0.48 (4.40%)Past day
Timezone

Cars.com Inc. (NYSE: CARS) is trading at $10.42, about ₹1,001 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 4.40% today. Indian residents can buy Cars.com from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$10.80
Previous close:$10.90
Volume:618.43K

Today's low

$10.41

Today's high

$10.82

52 week low

$7.40

52 week high

$13.69

CARS opened at $10.80, closed previously at $10.90, and has traded between $7.40 and $13.69 over the past 52 weeks.

About

Cars.com Inc. operates as a leading digital platform, offering comprehensive services and solutions specifically tailored for the automotive sector. Its central purpose is to seamlessly connect prospective car buyers with vehicle sellers. Through its flagship online marketplace, customized dealer websites, and an array of other digital products, the company undertakes several key functions: it prominently showcases available vehicle inventories from dealerships, significantly enhances the brand visibility and reputation of both independent and franchised dealers alongside automotive manufacturers (OEMs), directs genuinely interested buyers to sellers, and equips consumers with essential tools and information to confidently navigate their car purchasing journey. Beyond these core offerings, Cars.com Inc. provides a diverse portfolio of specialized services. These include marketplace-centric products such as subscription-based advertising and social selling support. Its digital solutions encompass website platform hosting, an advanced AI-powered chat system, comprehensive digital retailing functionalities, and robust reputation management services. Furthermore, a wide array of advertising options are available, ranging from visual display campaigns and instant loan pre-qualification and approval processes to broader digital ad placements and targeted in-market audio advertisements. By December 31, 2021, Cars.com Inc. had established an extensive client base, serving 19,179 dealer customers throughout all 50 U.S. states. This diverse network included both franchised and independent dealerships operating via online platforms and traditional brick-and-mortar locations, as well as major automakers marketing vehicles across the United States. Essentially, its primary clientele consists of local car dealerships, original equipment manufacturers (OEMs), and various national advertisers. Cars.com Inc. was founded in 1998 and maintains its corporate headquarters in Chicago, Illinois.

Country
US
CEO
Tobias Hartmann
Exchange listed on
NYSE
Industry
Internet Content & Information
Base currency
USD
Full Time Employees
1,700
Sector
Communication Services
IPO date
01/06/2017

Key statistics

Avg. volume

699.82K

Market cap

$582.51M

P/E Ratio

17.83

Price-to-sales ratio

0.80

Enterprise value

$996.35M

Free cash flow yield

25.72%

Debt-to-equity ratio

1.01

Return on equity

7.40%

ROIC

5.79%

Beta

1.59

Dividend yield

0.00%

Last dividend

$0.00

Financial overview

Revenue

$723.24M

Earnings per share

$0.32

Free cash flow

$147.35M

Net profit margin

4.73%

Gross margin

83.01%

EBITDA

$187.15M

Revenue growth

0.57%

Similar securities

This is not an investment recommendation

How to buy Cars.com from India

Indian residents can buy Cars.com shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Cars.com and place an order

    Find Cars.com by name or by its ticker, CARS, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Cars.com trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Cars.com position in USD and INR. Cars.com pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.

Read the full guide: how to invest in Cars.com from India

Trading and taxes when buying Cars.com from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
NoneCars.com does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Cars.com stock?

Yes. Cars.com (CARS) has been listed on the New York Stock Exchange since 2017, in the Internet Content & Information industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Cars.com share cost in rupees?

One Cars.com share is $10.42 — about ₹1,001 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Cars.com price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Cars.com from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Cars.com?

Yes. One Cars.com share is $10.42, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Cars.com.

How are gains on Cars.com shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Cars.com price. Paasa issues a capital-gains statement for your return.

Does Cars.com pay a dividend?

No. Cars.com does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.

When can I trade Cars.com from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Cars.com shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Cars.com shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Cars.com holding, its cost and its closing value.

How do I sell Cars.com and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.