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

A used car parked in the rain.

February 8, 2024

A Dealer’s Guide to the FTC CARS Rule & Combating Auto Retail Scams

In December 2023, the Federal Trade Commission (FTC) finalized the new Combating Auto Retail Scams (CARS) Rule. This new rule affects not only car shoppers, but also auto dealers. As a dealer, you may have to make some adjustments to ensure compliance with the FTC CARS rule, which goes into effect on July 30, 2024. Here’s what you need to know about the FTC CARS rule before then.

A car dealer is searching for customer data on a computer

February 8, 2024

What Dealers Should Know About Data & Equity Mining

The automotive industry relies on data and equity mining to understand and target customers, shaping design and inventory decisions.

A row of used cars inside a car dealership

February 8, 2024

What Determines the Worth of Your Car Dealership?

Whether you are looking to buy a car dealership or are considering selling your business, having an accurate picture of its valuation is essential. Let’s explore how auto dealerships are valued and what goes into the number.

A used car facing a sunset.

February 8, 2024

A Guide to the Car-Buying Customer Journey

Car buyers often face a bewildering array of options. To serve them better, dealerships must understand the car-buying journey and adjust their strategies accordingly for lasting customer relationships.