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 close up of a used car windshield

September 7, 2023

Tips to Improve Dealership Margins

With narrow margins, dealership owners should maximize their profitability where possible by introducing new strategies or paying close attention to existing work. How can you improve your operating margins in an increasingly competitive marketplace?

A user types on a keyboard to go to National Motor Vehicle Title Information System website

September 6, 2023

What is the National Motor Vehicle Title Information System

One of the most crucial vehicle systems that any licensed dealership should be familiar with is the National Motor Vehicle Title Information System (NMVTIS). The NMVTIS helps dealers and consumers gather valuable information about vehicle condition and history, including its title, recent odometer reading, brand history, and even historical theft.

A future car being created by AI

September 6, 2023

Ways AI Is Impacting the Automotive Industry

We highlight ways AI technology, such as IoT data analytics, machine learning, natural language processing, cloud computing, and big data is revolutionizing the automotive industry.

Used cars with headlights on

September 6, 2023

FTC Safeguards Rules for Auto Dealers

The Federal Trade Commission (FTC) recently updated its Safeguards Rule to ensure institutions take the necessary measures to protect customer information. This includes car dealerships that offer financial services, like extending credit for someone to lease or finance a car or issuing any other type of payment plan.