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 the Odometer inside a used car

August 22, 2023

Odometer Laws: What Car Dealers Need to Know

The value of a used car hinges largely on its age and mileage, making the odometer a crucial tool for dealers. It reflects the vehicle's total distance traveled and offers insight into usage and wear. The Federal Odometer Law (1972) and Truth in Mileage Act (1986) safeguard against odometer fraud, requiring accurate disclosures during ownership transfers.

A mechanic looking underneath a used car.

August 15, 2023

Catalytic Converter Theft: Everything You Need to Know

Catalytic converters are essential to modern automobiles, but they are also a target for thieves. In this article, we will discuss the basics of catalytic converters, including what they do, why they are stolen, and how you can prevent theft on your lot.

A trailer transporting used cars

August 15, 2023

Tow Dolly vs. Auto Transport: What Are the Differences?

Moving vehicles is an essential part of every car dealership’s job. Although it’s not the first thing you may consider when discussing the role of selling cars, it’s a crucial step that ensures you are actually able to get vehicles for your customers. Two popular methods are tow dollies and auto transport. Let’s discuss the differences of each.

A picture of a used car with a branded title.

August 8, 2023

What Is a Branded Title?

Branded titles are also titles, but they have special designations that signify previous incidents the vehicle has been in. Cars with branded titles have been damaged, totaled, or negatively altered in the past, such as through a fire, flood, or accident.