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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November 8, 2024

Why Have Used EVs Depreciated in Value?

Used EV prices have dropped sharply, with values down 25% since early 2023, largely due to aggressive price cuts on new models and increased leasing incentives.

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A close up of a car light parked in a dealership

October 31, 2024

Dealership Acquisitions in October 2024

October 2024 saw major dealership acquisitions across the U.S., with four notable transactions from Texas to New York. Some dealerships were acquired by larger holding groups, while others changed hands between family-run businesses.

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In the Passenger's Seat with Dean Jackson of Keller Chevrolet

October 31, 2024

In the Passenger's Seat with Dean Jackson of Keller Chevrolet

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. This episode he meets with Dean Jackson of Keller Chevrolet to unpack what it takes to succeed in the automotive industry today.

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October 24, 2024

Top 5 Coolest Cars on ACV Auctions in October 2024

We come across some interesting finds in October that are either classics or soon-to-be classics. Here are five standout vehicles we sold, spanning different decades—starting in the 1960s and taking us all the way to the 2010s.

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