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

An Automotive Technician working on an engine

September 5, 2024

How to Become an Automotive Technician

An automotive technician is responsible for diagnosing and repairing both mechanical and electronic vehicle systems, requiring strong technical skills and hands-on experience. But what does it take to succeed in the role? In this article, we’ll outline tasks and duties of an Automotive Technician and what you should look for in candidates as you hire.

A silver SUV in a dealer showroom

September 5, 2024

What is a Vehicle Service Contract? A Guide for Dealers

Uncover insights into vehicle service contracts for auto dealers – what they are, common exclusions, added benefits, and tips for pitching and overcoming customer objections. Gain tips for effectively offering and selling these valuable protection plans.

A red car in a dealer showroom

September 5, 2024

What Is GAP Insurance? A Guide For Dealers

As a car dealer, offering GAP insurance can significantly enhance your F&I products and provide crucial customer protection. This in-depth guide explains what GAP insurance is, how it works, its benefits for both dealers and car buyers, and strategies for effective implementation in your dealership.

A blue car parked in a dealership showroom

September 5, 2024

Top Selling Used Cars at ACV Auctions in August 2024

In August 2024, Ford dominated the top 10 used vehicle sales at ACV Auctions, with the F-150, Escape, and Explorer leading the rankings. SUVs were popular too, with five models, including the Honda CR-V and Jeep Grand Cherokee, making the list. Check out the full rankings.