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

Used cars parked in a dealership parking lot

March 6, 2025

How Building Trust in Your Community Can Help Your Car Dealership Business Grow

Building trust within your local community is a way to grow your car dealership and stand out from larger online competitors. By engaging in local events, like schools and church, along with becoming a trusted resource online and offline, you can strengthen your dealership's business.

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A blue used hatchback parked in the forest

March 5, 2025

The Most Reliable Used Hatchbacks to Carry on Your Dealership’s Lot

Over the years, hatchbacks have emerged as one of the most practical and efficient car types. Start building your inventory with help from this list of some of the most popular and reliable hatchbacks on the market.

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March 5, 2025

The Best Used Sports Cars for Dealerships to Stock

For some drivers, zipping down the road in a sports car is the ultimate dream. Below are some great options worth considering for your dealership.

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An image of a sedan with the text Hybrid near the trunk

March 5, 2025

Which Used Hybrid Car Models Belong on Your Lot

Used hybrid cars are a popular choice for buyers looking to save money & minimize environmental impact. You won’t want to be caught without the models that your customers are looking for, so here’s a list of the best used hybrid cars to stock, based on reliability and popularity.

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