ACV Updates | ACV Auctions

Car Insurance Rates: What’s Behind the Rapid Increase and the Impact on Car Dealers?

Car insurance premiums have surged by 21% in the past year, with post-pandemic factors such as inflation, higher repair costs, and an uptick in severe accidents fueling the increase. As a result, consumers are finding it harder to afford coverage, leading many to opt for lower-priced vehicles.

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Other Articles

Used cars inside a car dealership showroom

April 3, 2025

Car Dealership Floor Plan: How to Balance Cash Flow and Inventory

What exactly is a dealer floor plan and how do they work? Read on for answers, advice for balancing a floor plan, and KPIs to help you decide if they’re right for your dealership.

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A driver grips the steering wheel inside his car, while looking at an advanced tech dashboard

April 1, 2025

A Guide to Software-Defined Vehicles

Software-defined vehicles (SDVs) are transforming the automotive industry by shifting the focus from hardware to software, enabling advanced features like over-the-air updates, autonomous capabilities, and enhanced connectivity.

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A close up of a used cars muffler in a showroom

March 17, 2025

Why Should Car Dealerships Utilize Starter Interrupt Devices?

Starter Interrupt Devices (SIDs) help dealerships enforce payments and protect inventory by remotely disabling a vehicle’s ignition. They also deter theft, aid repossession, and work even if a GPS disabler is used.

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Hands raising smartphones displaying the TikTok app.

March 17, 2025

TikTok’s Automotive Ad Formats: What Car Dealers Should Know

TikTok recently launched Automotive Ads, a new paid advertising feature designed specifically for car dealers and OEM's. These catalog-based ads allow businesses to showcase their vehicle inventory directly on TikTok.

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