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

ACV Tec Talks with Nick Johnson

April 17, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Nick Johnson

At NADA 2025, Nick Johnson of Penz’s Automotive highlighted the challenges dealers face with used car scarcity, rising reconditioning costs, and shrinking margins. He emphasized the importance of accurate trade appraisals, proactive sourcing from service drives and consumers, and tighter collaboration between sales and fixed ops.

ACV Tec Talks with Maggie Donnelly

April 17, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Doug Hadden and Maggie Donnelly from ACV

At NADA 2025, Maggie Donnelly of ACV highlighted how their hardware and AI tools are revolutionizing vehicle inspections by capturing engine sounds, vibrations, odors, and undercarriage views.

Tec Talks - Frank Knox of Unique Auto Sales

April 16, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Frank Knox

At NADA 2025, Frank Knox of Unique Auto Sales highlighted the challenges of used car inventory acquisition in a tightening market and stressed the importance of aligning people, process, and product.

ACV Tec Talks with Danny Papakalos

April 16, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Danny Papakalos

At NADA 2025, Danny Papakalos of #1 Cochran emphasized that acquiring used car inventory is more important than selling it due to ongoing scarcity. He outlined the "used car equation," urging dealers to focus on managing acquisition, reconditioning, pricing, and merchandising to drive success.