ACV Auctions

ACV Auctions is a digital wholesale automotive marketplace based in Buffalo, New York, founded in 2014. The company connects franchised and independent car dealers across the United States, allowing them to buy and sell used vehicles through online auctions. Their platform features 20-minute live auctions where dealers can bid remotely via a mobile app or web interface. Each vehicle undergoes a thorough inspection, resulting in detailed condition reports called True360, which include images, audio analysis, and comprehensive data to ensure transparency in transactions. In addition to the auction platform, ACV Auctions offers several services to enhance the dealer experience. ACV Transportation provides logistics management and access to a nationwide carrier network for vehicle movement. ACV Capital offers short-term financing linked to marketplace purchases, simplifying credit applications. The company also supplies detailed vehicle inspection reports and market analytics to support transactions. ACV Auctions primarily serves car dealers and wholesalers, facilitating efficient transactions and expanding inventory access through its technology-driven platform.