ACV Auctions Marks Milestone

By Staff Writer April 09, 2018

ACV Auctions Inc. reached a major milestone in March selling more than 5,000 units online for a total of more than $35 million in vehicle inventory sold.

The company is increasing vehicle sales at a rate of 400 percent per year, including over 500 new dealer sign-ups per month.

ACV Auctions enables franchise dealers to instantly sell wholesale vehicles directly from their lots. The online platform includes a thorough vehicle condition report completed by ACV inspectors who come to the sellers' lots and take 30-40 detailed photographs. The platform alerts independent and franchise buyers when a 20-minute auction begins.

Last modified on Monday, 09 April 2018 00:50

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