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 driver grips the steering wheel inside his car, while looking at an advanced tech dashboard

April 1, 2025

A Guide to Software-Defined Vehicles

Software-defined vehicles (SDVs) are transforming the automotive industry by shifting the focus from hardware to software, enabling advanced features like over-the-air updates, autonomous capabilities, and enhanced connectivity.

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A close up of a used cars muffler in a showroom

March 17, 2025

Why Should Car Dealerships Utilize Starter Interrupt Devices?

Starter Interrupt Devices (SIDs) help dealerships enforce payments and protect inventory by remotely disabling a vehicle’s ignition. They also deter theft, aid repossession, and work even if a GPS disabler is used.

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Hands raising smartphones displaying the TikTok app.

March 17, 2025

TikTok’s Automotive Ad Formats: What Car Dealers Should Know

TikTok recently launched Automotive Ads, a new paid advertising feature designed specifically for car dealers and OEM's. These catalog-based ads allow businesses to showcase their vehicle inventory directly on TikTok.

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In the Passenger's Seat with Andrew Sweet of ClearCar

March 14, 2025

In the Passenger's Seat with Andrew Sweet of ClearCar

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. In this episode he meets with Andrew Sweet of ClearCar, they dive into how ClearCar’s cutting-edge technology is helping dealers streamline inventory management, drive profits and secure more high-quality vehicles with ease. They explore the power of real-time vehicle valuations, AI-driven insights and the seamless consumer experience that’s reshaping the auto retail landscape.

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