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 young boy stares out of a used car window.

May 9, 2024

Family-Friendly Used Cars That Belong on Your Dealership’s Lot

What do families value most when buying a vehicle? Here’s what they look for, plus some ideas on vehicles you should stock to land sales with families.

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A truck driver holding the steering wheel.

April 26, 2024

USDOT Numbers: What Carriers need to know

We’ve put together a guide to help you get started and understand everything you need to know about USDOT numbers, including what a USDOT number is, what the USDOT number requirements are, and why it matters for your business.

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A truck driver looking at the road while at the wheel

April 26, 2024

DOT Hours of Service (HOS) Rules: A Guide for Truck Drivers

Learn about DOT Hours of Service rules for truck drivers. Understand regulations, exemptions, penalties, and how to comply with FMCSA standards for safer driving.

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A row of used cars parked in a dealer parking lot

April 26, 2024

What Skills Are Needed to Be an Automotive Title Clerk?

In this article, we will explore the role of an automotive title clerk, the typical job description, and what it takes to succeed in the position.

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