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

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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 white used car driving up a hill

October 18, 2024

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.

Long exposure car lights on a highway at night

October 17, 2024

Fastest Selling Used Cars in 2024

Dealerships need to invest in quality used or certified pre-owned inventory. But keeping a car on the lot for a long period of time is expensive. So what are some of the fastest-selling used vehicles in 2024?

A used car in a dealership showroom

October 16, 2024

Top Selling Used Cars at ACV Auctions in September 2024

In September 2024, the Ford F-150, Chevy Silverado 1500, and Ford Escape continued to lead as the top-selling used vehicles, with the Jeep Grand Cherokee climbing to fourth and the Toyota Camry making its debut at eighth. Check out the complete list of the top 20.

Used Cars being transported on a Semi Truck

October 8, 2024

Over-the-Road (OTR) Trucking: What It Is and the Job Requirements

OTR (over-the-road) trucking involves long-haul driving across vast distances. To become an OTR driver, you’ll need a commercial driver’s license (CDL) and prior experience, along with the physical and mental stamina to handle the demands of being on the road.