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).
Ratings and Reviews
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.
Business manager great way to buy vehicles.
Acv has gone above and beyond for our business. We are a small dealer that uses this auction service daily. We have been able to grow our business through their auctions with less fees and great inspections. We have purchased over 100 units from acv with only 4 vehicles that were arbitrated. Great policies and great customer support. They are there to answer the call when needed and our dealer rep Liz goes above and beyond for us.
Gives me a whole day of my work week back !
“Time” is our most valued asset because its irreplaceable. No more “day at the sale”.
Wholesale buying AND selling made UBER easy from my mobile devices.
Thanks ACV for giving me a whole day of my week plus a new channel for buying & selling.
With Family Sharing set up, up to six family members can use this app.