ACV Auctions offer members a portable, low-cost, no-risk option for selling used vehicles that brings tremendous value to dealers:
ACV does virtually all the work. Simply provide them a list of the vehicles you want to sell (with VIN, reserve price and other pertinent information) and ACV will create a top-of-the-line condition report, take dozens of photos and launch the vehicle(s) in a live, 20-minute online auction. Thousands of potential buyers will receive an alert when a new vehicle is added.
If the bidding does not reach the dealer's reserve price, ACV's inside sales team contacts the high bidder within minutes and tries to get them to increase their bid to the reserve price or negotiate a price agreeable to both parties.
ACV boasts a 60% sale rate. Imagine selling 6 of every 10 used vehicles you used to bring to auction and the money that could be saved on reconditioning, detailing, transportation, condition reports and listing fees.
If you would like to schedule a demonstration of the ACV Auction platform, please call NJ CAR at 609.883.5056 and we will coordinate a short demonstration with an ACV representative.