Car.Company - Cars.com has been sold for staggering $872,320,000 dollar valuation.

" Domain investor, George Kirikos, provided this number two years ago, and is once again quoting the numbers from the latest Cars.com financial statement:

In connection with our acquisition by Parent, we have an intangible asset with an indefinite life associated with the Cars.com trade name. This asset represented 34% of our total assets at December 31, 2016. The indefinite lived intangible asset is tested annually, or more often if circumstances dictate, for impairment and is written down to fair value as required. The estimate of fair value is determined using the “relief from royalty” methodology, which is a variation of the income approach." - DomainGang - Read Full Article

Source: DomainGang

Car.Company is available for purchase