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 truck driver gripping the steering wheel

January 13, 2025

What Is Freight Factoring and How Does It Work?

Managing finances can be a challenge for truck drivers, especially with delayed invoice payments creating cash flow issues. Freight factoring offers a solution by allowing truckers to sell outstanding invoices to a factoring company in exchange for immediate cash.

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January 13, 2025

Bookkeeping for Truckers: 6 Tips to Help Keep Your Finances in Order

Bookkeeping is an often overlooked aspect of running a successful trucking business. This article highlights six tips for truckers to streamline financial management.

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January 10, 2025

Top 20 Selling Used Makes and Models at ACV Auctions in 2024

Here is a look at our top 20 top selling used makes and models of 2024. The list reads with pretty familiar names at the top of the list and of course starts with F-150. Couple of things we noticed in 2024, the top spots are dominated by trucks, SUVs make up half of the list(especially compact crossovers), and it's a pretty even battle between imports and domestics.

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January 7, 2025

How to Renew Your Missouri Auto Dealer License

Keeping your Missouri auto dealer license up to date is crucial for compliance and maintaining a successful dealership. Prepare in advance with the necessary documents and fees to help streamline the renewal process.

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