ACV Auctions is a dealer-to-dealer marketplace. The app replaces the physical wholesale car auctions that facilitate the sale of approximately 15 million vehicles every year. This platform allows dealers to engage in our live 20 minute auctions.
It's easy for sellers to create an auction. Simply scan the VIN, enter vehicle condition information, and snap a few photos. Tap "Send to Auction" and your auction is instantly sent to thousands of potential bidders.
Buyers, review the condition report and bid to own using live and proxy bids. Auctions are live for 20 minutes. The system prevents last-second bid sniping so you're sure to get a fair chance in every auction.
Once an auction ends, sellers can accept or send the high bidder a counter offer to start a live, real-time negotiation session with the buyer. Buyers can accept the counter offer or negotiate further. All of this right from the convenience of your mobile phone.
All payments and title transfers are handled through our office. Buyers can pay instantly with an electronic check or floorplan. For sellers, we email prepaid FedEx® labels for sending in titles. Bill of sales get emailed for your records.
ACV Auctions is free for dealers to use. There are no monthly fees or contracts. Our buyer and seller fees are considerably lower than physical auctions. Sign up for a completely free account at http://www.acvauctions.com/ (requires proof of valid dealer license).
- View transportation status on MyACV -> Won section
- Misc bug fixes
Ratings and ReviewsSee All
Great concept - app needs tweaking
Great business model and concept and mobile friendly - but the app needs work. Should be able to turn off notifications for certain actions. Keep getting notified of auctions starting for vehicles I'm not interested in. Or even in general should have the option to add to favorites and receive notifications for those. And also to view upcoming next day sales ahead of time to add them to favorites and bid when auction is active. Minor stuff just for ease of use. Kind of annoying to keep getting notifications for every car. Needs some other things too but i guess overtime its a trial and error thing.
Do not recommend ACV
Great app, but awful way of building inventory. You will receive vehicles with many unannounced issues, that were missed by very inexperienced “inspectors”. I have purchased 50+ vehicles from ACV. At least 50% of the vehicles I receive have various ranging issues. I have purchased some very nice vehicles through this platform, but it’s not worth the risk. I have also experienced large losses ($5,000+) on several occasions. I have never before had losses like that in my business. This also doesn’t address the title nightmare you will have with ACV. I know they’re a growing company, but over time, I find the errors to be inexcusable. Titles are always delayed, and also way too frequently arrive with issues creating a nightmare getting them flipped. ACV is an amazing platform, but years away from being a reliable source of inventory. Stick with Manheim and Adesa for now. Arbitration isn’t fun to work with either. They take any quote you receive, for items they will actually cover (not many), and cut that down to a number no mechanic on earth would quote. They’re incredibly unrealistic with repair valuations. Love the platform, hate the experience.
Scumbags looking to protect the big dealers at the expense of the small.
This company is full of scumbags. I’ve purchased over 100 vehicles from them and every purchase tends to have a surprise. Titles never get turned in on time. Condition reports often miss big things like the entire side of a vehicle being damaged, and even trying to pick up a vehicle and not finding it at the pickup location. ACV will do everything it can to make you eat a car. If you find issues that weren’t disclosed in the condition report you often get screwed. If you need to repair body work or mechanical, you can send them an estimate but they will counter with insulting offers. I had a vehicle with 2 doors that were damaged and needed to be replaced. I found 2 used doors for 1800 in parts and then it was 6 hours labor to replace. ACV offered me $1000. They wouldn’t take the vehicle back. Just beware of these scum.
With Family Sharing set up, up to six family members can use this app.