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 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.

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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.

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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.

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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.

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