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

White car with temporary dealer plates

July 2, 2022

What Are Dealer Plates And How To Buy Them

Have you recently decided to jump into the auto sales game? If so, you probably have questions about dealership plates and tags. Dealer license plates provide many benefits for vehicle dealers, but they come with a lot of red tape. And that red tape can vary from state to state.

A car being serviced at a dealership

June 30, 2022

How to Increase Your Service Department Sales

Your dealership’s maintenance department is full of untapped revenue potential. With the auto industry’s chip shortages and inflation in car prices, customers are holding on to their old cars longer than ever. Whether your dealership service department is nonexistent, small, or thriving, there's always room for growth.

Man driving a used car

June 24, 2022

Used Car Prices: What’s Really Happening?

Over the past two years, used car pricing trends have been on an upward trajectory. However, the sales boom is beginning to experience slight declines and is projected to level out. Despite this, used car values are projected to remain strong throughout the rest of the year. 

Man driving a used car with bright sunlight in the windshield

June 24, 2022

Used Car Sales Data: Where Have We Been and Where are We Going?

What has the data shown for what’s going on in the automotive industry on the used car side? We’ll look at past and present numbers to see where used car automotive sales for passenger cars and light trucks (pickup trucks) have fared over the years in the U.S. market.