ACV vs Manheim, ADESA & Physical Auto Auctions: Indie Used Car Dealers
inpractise.com/articles/us-independent-used-car-dealers-wholesale-process
Aim of the Survey
Over the last 6 years, ACV Auctions has consistently been winning market share of the dealer wholesale auction market reaching ~8% in FY23. We’ve curated all our existing research and explain how ACV’s digital auctions and inspection reports compare to physical auctions in our recent ACV Learning Journey.
We surveyed 8 independent dealers to understand how they compare digital vs physical auctions, limitations of ACV’s process, and long-run challenges and opportunities for ACV to win a majority of the wholesale auction market.
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