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 row of white used cars in a dealership parking lot

February 4, 2025

Used Car Market Trends for 2025

What can dealerships expect from the used car market heading into 2025? Exploring the trends from 2024 and some predictions for 2025 will help dealers stay ahead of the curve and primed for ongoing success.

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In the Passenger's Seat with Mike Waterman of ACV Auctions from the NADA 2025 Show Floor

January 31, 2025

In the Passenger's Seat with Mike Waterman of ACV Auctions from the NADA 2025 Show Floor

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. In this episode he meets with Mike Waterman, Chief Sales Officer of ACV Auctions live at NADA 2025 Show Floor. They discuss the trust factor in tech adoption, how ACV is making it easier than ever for dealers to acquire, appraise, and price vehicles with speed and accuracy, and why consumer-facing AI is shaping the future of inventory management.

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In the Passenger's Seat with George Chamoun of ACV Auctions from NADA 2025

January 27, 2025

In the Passenger's Seat with George Chamoun of ACV Auctions from NADA 2025

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. In this episode he meets with George Chamoun, CEO of ACV Auctions live at NADA 2025. They explore how ACV is tackling the most pressing challenges facing dealers today. From ensuring dealers get the right price on every car, every time, to standardizing the appraisal process and helping dealerships acquire more cars directly from consumers.

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January 13, 2025

CES 2025 Key Takeaways for Car Dealers and the Focus on Software-Defined Vehicles

CES 2025 highlighted the rise of Software-Defined Vehicles (SDVs), showcasing advancements in AI, safety, and in-cabin comfort.

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