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ACV Enhances Marketplace with New Buyer and Seller Experiences for Dealers

  • ACV Auctions announced an integrated set of enhancements to its digital marketplace designed to help dealers buy and sell vehicles with greater speed, confidence, & efficiency.
  • The updates utilize data from millions of inspections & transactions to reduce guesswork for sellers & help buyers identify opportunities faster through intelligent workflows.
  • New selling tools include Scheduled Auction recommendations for optimal launch dates & times, Recommended Auction Duration suggestions, & a Bidding Engagement Meter to predict success.
  • Enhanced buying features include a redesigned Search Results Page with AI-powered sorting, Saved Search customization, Buyer Notes for private insights, & Recommended Badging for relevant opportunities.
  • Extended Buying Opportunities now offer longer auction durations & dedicated preview periods to allow more time for inventory discovery & appraisal.
  • Chief Operating Officer Vikas Mehta stated the improvements stem from direct dealer feedback to help partners spend less time searching & more time running their businesses.
  • These enhancements mark ACV's evolution from a digital auction platform to an intelligence-driven marketplace empowering faster, more informed decision-making.