ACV Updates

Read updates on ACV’s products, industry news, and dealers experiences to get insight into the online auction platform.

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ACV Updates

Featured Article

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.

A white used car driving up a hill

Other Articles

March 13, 2024

Best Cars for Teens: The Must Have Models Parents Want

When choosing a car for teen drivers, it’s perhaps no surprise that parents have their eye on safety. Insurance concerns also tend to rate at the top of their list. Consequently, cars with safety features that are less expensive to insure may be great additions to your inventory. As a car dealer deciding which models to stock, you’ll want to learn about the features common to the best used cars for new drivers. Learning about what parents look for will empower you to source the most reliable and safest cars for teens.

An EV getting a charge at a public charging station

March 7, 2024

What Is the North American Charging Standard (NACS)?

As a current leader in the EV space, Tesla operates its charging method with NACS. In this article, we will explore what NACS is, why it matters, and how its adoption could boost EV growth.

A new red car in a dealership showroom

March 7, 2024

What Is a Monroney Label?

A Monroney label, also called a Monroney sticker, is a label that dealers selling new vehicles are required to display. In this article, we will review everything that is included in the label and more.

College Football players lining up for kickoff

March 6, 2024

Car Dealership Best Practices for an NIL Deal

New NCAA rules allow brands to collaborate with student-athletes for advertising, opening doors for car dealerships. This article explores what an NIL deal is, how a car dealership can benefit and potential risks.