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 close up of a truck driver holding a steering wheel

April 4, 2024

How to Get a Commercial Driver’s License (CDL)

We will explain the CDL license types and all of the CDL license requirements so you can get started on your path to driving professionally.

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A white car is getting hauled by a Hot Shot Truck

March 28, 2024

What Is Hot Shot Trucking?

One popular method for fast shipping and trucking is hot shot trucking. In this article, we will explain everything you need to know about how it works.

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March 25, 2024

What Is Backhaul Trucking?

Maximizing efficiency in goods delivery is an ongoing pursuit for transporters. One essential strategy is backhaul trucking, although its execution can pose complexities. In this article, we will cover everything you need to know about backhaul trucking so that you can take advantage of your return trips as a truck driver.

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An aerial view of a car dealer parking lot

March 13, 2024

10 Cars, Trucks & SUVs That Hold Their Value and Sell Like Hotcakes

As a wholesale car dealer, you’re likely familiar with how quickly depreciation can take effect and how much choosing cars with good resale value matters. When you’re selling used cars, choosing cars with the best resale value makes good business sense.

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