ACV Updates

Read updates on ACV’s products, industry news, and dealers experiences to get insight into the online auction platform.

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ACV Updates

Featured Article

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.

A white used car driving up a hill

Other Articles

A car dealer enters their password and username on a computer

December 8, 2023

Why Do Dealerships Need to Invest in Cybersecurity?

In today's rapidly evolving automotive industry, dealerships are facing a critical need to invest in cybersecurity measures. Read on to learn more about the impact of security risks at dealerships, why they exist, and what can be done about them.

An used EV charging in a parking lot

December 8, 2023

What to Know About EV Tax Credits for 2024

To further encourage car shoppers to choose electric vehicles, the government has changed the EV tax credit for 2024. Dealership owners must keep these changes in mind as they may affect the demand for electric vehicles going forward.

A used car in a dealer lot with rain drops on it

December 8, 2023

What to Do About Margin Compression

Margin compression occurs when the cost of producing or delivering a product or service rises more rapidly than the revenue it generates, leading to a decrease in profit margins. No one can control economic externalities, but dealerships can take steps to protect their bottom line.

A car dealer looks at his website traffic in Google Analytics

November 9, 2023

How Car Dealerships Can Utilize Google Vehicle Ads

Google Vehicle Listing Ads (VLAs) are a powerful tool for car dealerships to reach potential customers and boost sales. VLAs allow dealerships to display their inventory directly in Google search results, making it easy for customers to find the cars they're looking for.