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

Long exposure car lights on a highway at night

October 17, 2024

Fastest Selling Used Cars in 2024

Dealerships need to invest in quality used or certified pre-owned inventory. But keeping a car on the lot for a long period of time is expensive. So what are some of the fastest-selling used vehicles in 2024?

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October 16, 2024

Top Selling Used Cars at ACV Auctions in September 2024

In September 2024, the Ford F-150, Chevy Silverado 1500, and Ford Escape continued to lead as the top-selling used vehicles, with the Jeep Grand Cherokee climbing to fourth and the Toyota Camry making its debut at eighth. Check out the complete list of the top 20.

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A aspiring truck driver holds the steering wheel during his CDL test

October 8, 2024

How to Pass the CDL Test

Obtaining a Commercial Driver’s License is the crucial first step in becoming a professional truck driver. This article offers five essential tips to help you prepare effectively for the test.

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Used Cars being transported on a Semi Truck

October 8, 2024

Over-the-Road (OTR) Trucking: What It Is and the Job Requirements

OTR (over-the-road) trucking involves long-haul driving across vast distances. To become an OTR driver, you’ll need a commercial driver’s license (CDL) and prior experience, along with the physical and mental stamina to handle the demands of being on the road.

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