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

What Equipment Do You Need For Successful Hot Shot Trucking Deliveries?

June 17, 2024

What Equipment Do You Need For Successful Hot Shot Trucking Deliveries?

Hot shot trucking requires more than a truck and trailer. Learn more about the equipment you need.

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June 17, 2024

How to Become an Automotive Detailer

Automotive detailers are responsible for washing, waxing, buffing, and sealing the exterior of vehicles, as well as vacuuming, polishing, and cleaning the interior. Find out what to look for when hiring an Automotive Detailer.

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A close up image of a muffler in a car dealer showroom.

June 17, 2024

How to Become a Service Porter

A service porter is responsible for maintaining vehicles and the dealership lot, ensuring vehicle cleanliness, performing basic maintenance tasks, and assisting customers during test drives. Learn what to look for when hiring a service porter.

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Used cars parked in a dark parking garage

June 14, 2024

Will Used Car Prices Drop in 2024?

During the COVID-19 pandemic, used car prices skyrocketed, and if you deal in used cars, you may have enjoyed the shift. But is that price shift here to stay, or are used car prices dropping significantly sometime soon?

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