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

A body shop estimator review the damage of a car

August 5, 2024

How to Become a Body Shop Estimator

An auto body estimator, also known as a collision estimator, plays a vital role in assessing damaged vehicles, estimating repair costs, and coordinating with customers and insurance companies.

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An Automotive Service Manager looking at an engine

August 5, 2024

How to Become an Automotive Service Manager

An automotive service manager is essential to a dealership's success, responsible for overseeing the service department's operations, building customer relationships, and managing staff. They handle budgeting, compliance, inventory, and customer interactions to ensure a positive experience and efficient service. To become a service manager, relevant experience, strong leadership, problem-solving skills, and occasionally specific certifications are highly valued.

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Two men sit on a stage discussing at NADA 2024

August 2, 2024

ACV Dealer TEC Talks: NADA 2024 featuring Tim Scoutelas from ACV and Jamison Rohrbeck

Tim Scoutelas and Jamison Rohrbec from Luther Automotive Group discussed innovative strategies for customer acquisition and inventory management.

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A group of people sit on a stage to discuss the automotive landscape

August 2, 2024

ACV Dealer TEC Talks: NADA 2024 Featuring Kraig Quisenberry from ACV and Savannah Simms and Krys VanSlyke

At NADA 2024's Tech Talk, industry experts discussed the evolving landscape of the automotive sector, focusing on generational leadership and the integration of technology.

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