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

10 Minutes with Randy Barone Podcast

November 6, 2023

10 Minutes with Randy Barone - Owning Your Used Car Market with Inventory Management

In this episode Randy shares how you should set a used car goal based on what top dealerships in your market are doing and some key calculations you can use for your dealership like calculating your inventory turn rate and calculating your optimal day supply.

A Car Dealer’s Guide to Using TikTok

November 2, 2023

A Car Dealer’s Guide to Using TikTok

TikTok can be used by car dealerships to reach new customers and build relationships with existing ones. Below are our tips and recommendations for making TikTok part of your dealership’s digital marketing strategy.

October 27, 2023

In the Passenger’s Seat - What is Clear Car?

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 Andrew Sweet to learn more about ClearCar.

A used car in a dealer showroom

October 5, 2023

Why Are Auto Loan Delinquencies on the Rise?

High inflation rates and rising interest rates in recent years have made it increasingly difficult for Americans to make their auto loan payments. As a result, the rates of auto loan delinquency are on the rise. Understanding and addressing the rising rates of auto loan delinquency is crucial for any dealership in 2023.