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

A row of used cars parked at a dealership.

September 17, 2024

Overcoming Car Sales Objections

Customer objections are a common challenge in car sales, but they present opportunities to connect with customers and close deals effectively. This article explores essential skills, such as empathy, transparency, and listening, that help salespeople overcome objections.

In the Passenger's Seat with John Coles of ACV Auctions September 2024

September 13, 2024

In the Passenger's Seat with John Coles of ACV Auctions Discuss Market Conditions

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. This episode he meets with with John Coles of ACV Auctions to explain what's actually going on in the market right now.

A blue car parked in a dealership showroom

September 5, 2024

Top Selling Used Cars at ACV Auctions in August 2024

In August 2024, Ford dominated the top 10 used vehicle sales at ACV Auctions, with the F-150, Escape, and Explorer leading the rankings. SUVs were popular too, with five models, including the Honda CR-V and Jeep Grand Cherokee, making the list. Check out the full rankings.

A red car in a dealer showroom

September 5, 2024

What Is GAP Insurance? A Guide For Dealers

As a car dealer, offering GAP insurance can significantly enhance your F&I products and provide crucial customer protection. This in-depth guide explains what GAP insurance is, how it works, its benefits for both dealers and car buyers, and strategies for effective implementation in your dealership.