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 driver selects a subscription service in a car via a touch screen

October 5, 2023

Inside the World of Car Feature Subscriptions

Subscription services are becoming increasingly popular in many industries, including the automotive industry. This new trend is changing the way we think about car ownership and usage. In this article, we'll explore how subscription-based car features work, provide examples of these features, and discuss how they can impact customers.

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October 2, 2023

How the UAW Strike Impacts Car Dealers

The United Auto Workers (UAW) strike against the Big 3 automakers has been making headlines. If you’re a car dealer, you’re likely wondering how this is poised to affect you and your business. We’ve gathered the key facts as they stand right now to help you get a sense of what’s at stake.

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A Dealer Principal sits in a meeting room with the team.

September 25, 2023

5 Habits of Successful Dealer Principals

Five ways that dealer principals can improve their company operations by addressing new practices.

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A close up image of a used car in a showroom

September 25, 2023

5 Best Practices for a Vehicle Acquisition Strategy

With a shrinking supply of used vehicles, dealers must optimize their turnover to avoid imbalances on the lot, missed opportunities, and lower revenues. The article provides five best practices for improving vehicle acquisition strategies

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