ACV Auctions
Overview
ACV Auctions is a modern, mobile-first marketplace created specifically for dealer-to-dealer transactions. It revolutionized the wholesale trade by sending independent inspectors to dealerships to write extremely detailed reports, including paint meter readings, undercarriage photos, and OBD-II scans. Auctions last just 20 minutes.
Pros & Cons
Pros
- Incredibly detailed inspection reports with OBD diagnostic scan codes
- Undercarriage high-res photos and engine audio recording files
- Fast-paced 20-minute bidding keeps transactions moving
Cons
- Dealer license required; no public access allowed
- Smaller local yard infrastructure; cars are often stored at selling dealerships
- Fast auctions require immediate decision-making and financing
Key Features
- Virtual Lift™ undercarriage scan technology
- AMP™ engine audio recording clip
- OBD-II vehicle health reports
- 20-Minute Live Auctions
Registration Process
Provide registered dealership business license
Register via AuctionACCESS credential system
Setup dynamic payment methods and floor plan authorization
Buyer Fee Schedule
| Purchase Price Range | Standard Buyer Fee |
|---|---|
| $1 - $2,000 | $180 - $250 flat fee |
| $2,001 - $10,000 | $250 - $400 |
| $10,001 - $25,000 | $400 - $550 |
| $25,001+ | $600 flat rate |
Frequently Asked Questions
What is ACV Virtual Lift?
Virtual Lift is ACV's proprietary mobile undercarriage scanner that captures high-definition full-length images of the car's bottom frame to inspect for rust and damage.
Quick Facts
Strictly Dealer-to-Dealer platform. A valid dealer license is mandatory.
ACV Transport handles door-to-door delivery with quotes directly embedded in the bidding app.
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