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 auto dealer going through the process of securing an Auto Bond

November 13, 2022

Everything Car Dealers Need to Know About Auto Dealer Bonds

Auto dealer bonds are a necessity when getting a car dealer license, but there’s a lot to learn along the way. Read our guide to understand what an Auto Dealer Bond is, what you need to know before you begin the process, and how to get started.

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A man holding keys to a used car and the car title

November 13, 2022

A Guide to Used Vehicle Titles

A title is a critical document during the car purchasing process. It tracks ownership and gives potential buyers important information about the vehicle’s history. This guide is designed to help you and your employees know what each car title type means.

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Driver selecting podcast on car dashboard

November 12, 2022

Ten Automotive Podcasts to Help Dealers Stay in the Know

Adapting to industry changes and staying up to date is essential for any dealership employee. Below, we have curated ten of our favorite Automotive podcasts into various categories.

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November 11, 2022

5 Car Dealer Accounting Practices That Actually Hurt Your Bottom Line

Here’s how to keep your accounting department in excellent shape to ensure successful financial outcomes. Utilize these auto dealer accounting practices to optimize your financial situation.

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