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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April 17, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Nick Johnson

At NADA 2025, Nick Johnson of Penz’s Automotive highlighted the challenges dealers face with used car scarcity, rising reconditioning costs, and shrinking margins. He emphasized the importance of accurate trade appraisals, proactive sourcing from service drives and consumers, and tighter collaboration between sales and fixed ops.

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April 17, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Doug Hadden and Maggie Donnelly from ACV

At NADA 2025, Maggie Donnelly of ACV highlighted how their hardware and AI tools are revolutionizing vehicle inspections by capturing engine sounds, vibrations, odors, and undercarriage views.

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April 16, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Danny Papakalos

At NADA 2025, Danny Papakalos of #1 Cochran emphasized that acquiring used car inventory is more important than selling it due to ongoing scarcity. He outlined the "used car equation," urging dealers to focus on managing acquisition, reconditioning, pricing, and merchandising to drive success.

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April 16, 2025

ACV Dealer TEC Talks: NADA 2025 Featuring Kraig Quisenberry from ACV and Sam D’Arc

At NADA 2025, Sam D’Arc of Ziegler Automotive Group shared how the company is using private marketplaces and AI-powered tools to optimize used car inventory and streamline operations.

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