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

South Dakota Flag

December 18, 2023

How to Get a Dealer License in South Dakota

Our guide to obtaining a South Dakota car dealer license

In the Passenger's Seat Podcast

December 18, 2023

In the Passenger’s Seat with Elena Ciccotelli from EVs for Everyone

ACV’s Matt Mitteldorfer puts a new guest in the passenger seat each episode to discuss what they are seeing in the automotive industry. This episode he meets with Elena Ciccotelli from EVs for Everyone

A used car in a dealer lot with rain drops on it

December 8, 2023

What to Do About Margin Compression

Margin compression occurs when the cost of producing or delivering a product or service rises more rapidly than the revenue it generates, leading to a decrease in profit margins. No one can control economic externalities, but dealerships can take steps to protect their bottom line.

An used EV charging in a parking lot

December 8, 2023

What to Know About EV Tax Credits for 2024

To further encourage car shoppers to choose electric vehicles, the government has changed the EV tax credit for 2024. Dealership owners must keep these changes in mind as they may affect the demand for electric vehicles going forward.