ACV | MAX Digital

Buffalo, NY
United States
https://www.acvauto.com/

Break Away From The Pack

ACV is more than online marketplace for wholesaling vehicles, we are your partner in success! What started as a platform to buy and sell cars has evolved into a dynamic, digital partner for not only franchise and independent dealerships, but remarketers including OEM, captive finance, and rental companies. From sourcing to selling, and everything in between, ACV helps dealers win by providing robust data that helps acquire core inventory, manage vast assets, merchandise and market vehicles, and wholesale cars. Whether you are looking for a streamlined 20-minute auction or need creative ways to improve the customer experience, ACV is your dedicated teammate in success by providing trust and transparency in every aspect of automotive retail.

Videos

Press Releases

ACV Takes the Stage in Dallas at the 2023 National Automobile Dealers Association Show (Jan 12, 2023)

ACV experts in dealership operations and data technology will host educational workshop and compete in new Pitch Competition
January 09, 2023 09:45 ET | Source: ACV
...
BUFFALO, N.Y., Jan. 09, 2023 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, will be exhibiting at the 2023 National Automobile Dealers Association (NADA) Show, while also hosting its first educational workshop and appearing in the show’s first-ever Exhibitor Pitch Competition.

On Thursday, January 26, at 1:00 p.m. CT, Vice President of Business Development Randy Barone will lead an educational workshop on the Variable Operations track: “Windshield or Rear-view Mirror? How do you manage used cars?” Barone, a 30-year automotive industry veteran and former dealer, will focus on inventory management strategies. Attendees will learn how to pivot ahead of market fluctuations and inventory volatility through the use of data to value cars accurately, buy more profitable vehicles and manage inventory. The workshop will explore ways to diversify vehicle acquisition, including better buying-center experiences and unique consumer sourcing strategies.

On Friday, January 27, at 10 a.m. CT, ACV’s technology thought-leaders and engineers, Senior Director of Research and Development Michael Pokora and Director of Research and Development Philip Schneider, Ph.D., will take the Main Stage to compete in NADA’s new Exhibitor Pitch Competition. Pokora and Schneider were selected after submitting a one-minute video pitch for ACV’s industry-leading inspection tool, APEXTM. APEX is the latest generation of ACV’s listening tool, Audio Motor ProfileⓇ (AMPⓇ), and now boasts a multitude of sensors that record the vehicle’s engine sound and vibration and detect certain emission anomalies. Machine learning algorithms then analyze and compare the data to ACV’s vast vehicle intelligence data library to report on the condition of the vehicle, assisting dealers in making informed inventory management decisions.

As first-round finalists, the duo will deliver an engaging two-minute Shark Tank-like pitch on the Main Stage for the chance to be named the Grand Prize Winner and receive a 20-minute time slot on the Live Stage later at the 2023 NADA Show. The winner, selected based on creativity, content and overall value proposition, will also be featured on NADA’s digital platforms as the first winner of what may become a recurring event.

“The NADA Show is a huge focus for the team at ACV,” said ACV CEO George Chamoun. “We look forward to connecting with our dealer partners on site at this annual event and growing our presence each year. It’s one of the many ways we learn about dealer pain points with the ever-changing market and how we can equip our team to be the best partners possible. I’m so proud of our teammates and thought-leaders who will be joining this year - representing the company at our booth, the educational workshops and the new Pitch Competition.”

Learn more about ACV’s product offerings at www.acvauctions.com and meet in-person at the ACV booth (#3141) January 27-29 by booking an appointment online.

About ACV
ACV is on a mission to transform the automotive industry by building the most trusted and efficient digital marketplace and data solutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable.

ACV marketplace products include ACV Auctions, ACV Transportation and ACV Capital and its leading data products include True360, MAX Digital, Drivably and Monk SAS. For more information about ACV, visit www.acvauto.com.

Trademark reference: ACV and the ACV logo, APEX, Audio Motor Profile and AMP are registered trademarks or trademarks of ACV Auctions, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.

Media Contact:
Maura Duggan
maura@acvauctions.com

ACV Equips Dealer Partners with Solutions to Manage Rising Used and Aged Retail Inventory (Jan 13, 2023)

January 13, 2023 11:18 ET | Source: ACV

Find out how ACV tools help dealers keep the right retail-ready vehicles and wholesale non-core inventory efficiently, profitably and in-network at NADA Booth #3141

...
BUFFALO, N.Y., Jan. 13, 2023 (GLOBE NEWSWIRE) -- As the automotive industry continues to consolidate at an accelerated pace, combined with increasing volumes of aging retail inventory, major dealership groups around the country are turning to ACV’s customizable solutions to manage inventory efficiently and profitably across multiple rooftops. ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services company for dealers and commercial partners, will be hosting workshops to showcase these solutions at booth #3141 at the 2023 National Automobile Dealers Association (NADA) Show from January 27 - 29 in Dallas, Texas.

The ACV team is helping dealers remain strong and resilient by building scalable, customizable products to ensure they keep the right vehicles to sell retail and wholesale vehicles that better match the core inventory needs of other stores within the designated dealer network.

Through the use of data-driven insights and experienced, dedicated customer service team members, ACV’s PRIVATE MARKETPLACES offerings are driving efficiencies for dealers making the most of their most-prized and finite resources: time and money.

Several large dealer groups have recently joined the ACV platform, including industry leader Zeigler Automotive Group, who is leveraging ACV PRIVATE MARKETPLACES to manage inventory across all of its rooftops. The scalable, customizable and dedicated platform allows users to list and sell vehicles to designated dealers, including those within their own group, which is invaluable in keeping wholesale business strategy strong and resilient.

"The ZIEGLER PRIVATE MARKETPLACE is an important tool we use to ensure our stores always have fresh and current used car inventory available for sale,” said Zeigler Auto Group President and CEO Aaron Zeigler. “ACV’s CEO George Chamoun and the entire ACV team are valued partners, providing best practices, auction technology and an unrivaled, tech-driven vehicle inspection that assists our teams in trading frontline-ready inventory at current market values."

“Our portfolio of services and technologies, along with our best-in-class customer service teams, are a result of our commitment to listen and learn from our dealer partners. Our nimble team is able to respond with solutions that not only add efficiency to a dealer’s wholesale strategy, but do so with transparency,” said ACV CEO George Chamoun. “We do our best to not only address, but also anticipate the challenges facing our dealer partners so they can remain focused on growing their businesses.”

Outside of private digital auctions, ACV offers other tools for dealers to market retail-ready inventory, such as True360 reports and MAX Merchandising. Online shoppers crave transparency and are willing to spend more when they have peace of mind, and a True360 inspection on a dealer’s retail inventory delivers that true transparency. MAX Ad & Syndication is a best-in-class automotive merchandising software that automates and optimizes vehicle descriptions with valuable details, such as trim levels and luxury packages that create more engaging landing pages and VDPs across site experiences.

ACV will be at the 2023 National Automobile Dealers Association (NADA) Show in Dallas from January 26-29 and invites dealers to book an appointment online and visit booth #3141 to learn how ACV can build customized solutions for their businesses. Additionally, on January 26, attendees can join ACV VP of Business Development Randy Barone for his educational workshop in Room D175 on the Variable Operations track: “Windshield or Rear-view Mirror? How do you manage used cars?” Find out more about can’t-miss ACV events at https://www.acvauctions.com/blog/nada2023.

About ACV
ACV is on a mission to transform the automotive industry by building the most trusted and efficient digital marketplace and data solutions for sourcing, selling and managing used vehicles with transparency and comprehensive insights that were once unimaginable.

ACV marketplace products include ACV Auctions, ACV Transportation and ACV Capital and its leading data products include True360, MAX Digital, Drivably and Monk SAS. For more information about ACV, visit www.acvauto.com.

Trademark reference: ACV, the ACV logo, Smart Acquisition Manager and S.A.M. are registered trademarks or trademarks of ACV Auctions, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.

Media Contact:
Maura Duggan
maura@acvauctions.com

Products

ACV Capital

ACV Capital is a total financing solution. Whether buying or selling wholesale vehicles, ACV Capital has an expanding portfolio of solutions to fit anyone’s needs.
... More Info Less Info

ACV Capital is a full-service financing solution for your dealership. It helps you get paid as soon as your vehicle sells in an ACV Auction by leveraging Accelerate by ACV Capital. No waiting on cleared titles or payment processing to receive your funds. On top of that, Advantage by ACV Capital allows you to spend less time with your funds tied up. Purchase the inventory you need now, without paying until the title is received. Plus, you can know your inventory costs upfront with transparent and straightforward Floorplan options from ACV Capital. Financing is made simple and convenient with Fixed Plus financing, with a fixed initial term followed by the flexibility of an optional daily extension. It’s everything you need.

ACV Private Marketplaces

Be the leader of your own marketplace. Leverage ACV’s already trusted inspections and fully customize your auction: you choose the buyers, the fees, and the days.... More Info Less Info

Take control of your own auction today with Private Marketplaces by selling vehicles to a set of dealers you choose. Leverage ACV’s already trusted inspections and fully customize your auction: you choose the buyers, the fees, and the days of the auction. Every Private Marketplace is filled with vehicles that have been inspected using ACVs trusted condition reports with a multitude of inspection points so your dealers can bid with confidence. Keep your inventory within your family of rooftops. Make sure the right vehicle is getting to the right store for maximized resale profit.

AMP & Virtual Lift

AMP brings you the ability to listen to a vehicle’s engine from anywhere. Get the intimate details of every noise directly from the palm of your hand while also being able to virtually view the undercarriage without lifting a finger.... More Info Less Info

ACVs condition reports include industry-leading technologies with AMP and VIrtual Lift that provide unparalleled visibility into every vehicle inspected. These solutions allow for informed purchases driven by in-depth vehicle condition reports. Listen to the engine with AMP, our cutting-edge Audio Motor Profile tool that captures a high-quality recording of the engine so you can listen from the comfort of your desk before placing a bid. See the whole picture with Virtual Lift™️ The days of climbing under a car or waiting to put it up on a lift to see the undercarriage are over. Our groundbreaking Virtual Lift Technology provides a high-definition image of the vehicle's undercarriage so you know exactly what you're bidding on…with no lift required.

Drivably

Drivably helps move used vehicles efficiently, to the right dealerships and markets. It enables dealers to get the right vehicles at the right price for their businesses while enabling consumers to get the most value for their cars.... More Info Less Info

The customizable trade-in tool is added directly to a dealer's website and can be configured to blend seamlessly into their existing branding to bring effortless customizations. Dealers have the ability to calibrate their offers to suit their business needs. And consumers are able to easily find their value by VIN, License Plate, or Year/Make/Model, while also getting easy-to-understand questions that result in accurate condition assessments.

Live Appraisal

Live Appraisal is the most trusted and transparent way for your customer to find the true value of their trade-in vehicle.... More Info Less Info

Using a True360 Vehicle Condition Inspector and condition report, your customers will find buyers nationwide who are ready to bid on their trade-ins. Once the auction is over, it’s the customer's choice to accept the final bid and take the offer…it’s that simple. Add transparency to the trade-in process & build trust with your retail customers.

MAX Inventory

From analyzing millions of VINs daily to including OEM window stickers, no other inventory management tool has better data than MAX Inventory. MAX Inventory provides end-to-end visibility of your entire pre-owned retail operations process.... More Info Less Info

MAX Inventory arms you with the largest, most accurate dataset in the industry to acquire the highest potential inventory ready to price right.

Cost-to-market appraisal tool leverages data on millions of VINs daily to provide the most accurate market comparisons based on model, make, trim, mileage, and equipment
Mine your dealership’s sales history directly from your DMS at the store and group level to build core inventory that you can sell most profitably
Advanced stocking tools market area preferences to help you source your hottest-selling vehicles
Drill down to specific equipment and packages, precisely match trim levels, access MSRP and original OEM package information (e.g., Sport, Tech, Cold Weather)—so you can determine the fairest and most competitive price for every vehicle
Industry-leading pricing with DMS write-back and internet pricing updates that keep you OEM-pricing compliant
Add new car campaigns to batch reprice with a few clicks

MAX Merchandising

Build trust and transparency with customers by proving the value of your inventory online and in the showroom.... More Info Less Info

MAX Merchandising manages the entire process of getting vehicles online, as fast as possible, with all the information that customers are looking for. Destroy your competitors with the fastest time to market.

Take pictures and upload them directly to their online listings
Manage and select equipment option packages that differentiate a vehicle on desktop or mobile device
Create and print window stickers for new and used inventory
Automatically syndicate vehicle listings to over 300 websites, all dealership websites, and many more

When a customer arrives at your dealership, MAX Merchandising equips your sales team with the information they need to answer questions on the fly and put them into a position to sell!

Fast, intuitive search allows you to find exactly what the customer is interested in
Validate your sales price through third-party comparisons, provide original MSRP on OEM packages, vehicle history reports, and more to support total value
Provide detailed Value Reports to customers and capture contact data in your CRM
Business Development Centers can virtually show off every vehicle detail online which will engage your customers to set up an appointment

Monk

Monk's innovative AI vehicle inspections allow consumers to self-inspect their vehicles with a guided experience, anywhere at any time.... More Info Less Info

Monk utilizes the learnings of millions of previous photos and vehicle inspections to enhance its AI. A user-friendly experience allows customers to complete the photo-guided self-inspection confidently. Data capture specifications can be customized for individual dealer needs. Damages can be detected at the pixel level, meaning no damage is left undetected. Each inspection results in a fully automated condition report within seconds.

S.A.M.

Bid intelligently with ACV’s Smart Acquisition Manager (S.A.M.). Never miss out on a vehicle again by using this focused solution that helps you quickly source core inventory.... More Info Less Info

S.A.M. is an easy-to-use solution that helps leverage technology to assist you in sourcing core inventory. Intelligent bidding on vehicles means that you get the right cars at the right price. With S.A.M., you have the ability to set the exact specifications and details for the vehicles you want. Then, you get notified when the desired car is available on the platform and goes live. You get to set everything from price, to transport cost, to the exact condition of the vehicle while only receiving notifications for the cars that fit your exact needs. S.A.M. is your dedicated buying agent that operates on robust data based on your personal needs.

True360

True360 is the only unbiased, 3rd party inspection for providing the true cosmetic and structural condition of a used vehicle.... More Info Less Info

True360 Reports protect your brand and reduce liability, allowing you to sell in complete confidence. It helps you maximize your used car inventory as True360 is the only unbiased, 3rd party inspection for providing the true cosmetic and structural condition of a used vehicle. As a result, users can supercharge digital retailing as a True360 inspection on your used inventory and adding the True360 weblink to your VDP will boost your digital retail. Only True360 can link directly with CARFAX and AutoCheck to neutralize accident or damage history, allowing customers to purchase accident vehicles in complete confidence. On top of that, True360 can perform an inspection on a non-accident vehicle to showcase its cosmetic integrity.