ACV Wholesale
ACV Wholesale
ACV Wholesale empowers you to make smarter pricing and wholesale decisions. Get a data-backed estimate of your vehicle's potential auction value, right within ACV MAX.
What is ACV Wholesale?
ACV Wholesale is a dynamic, estimated auction selling price for a specific vehicle. It’s powered by the extensive data from hundreds of thousands of recent auction transactions on the ACV marketplace, giving you a real-world view of what your vehicle could sell for. Built into ACV MAX, this value helps you:
- Optimize Sales Strategies: Understand your wholesale potential during vehicle appraisal.
- Inform Inventory Decisions: Quickly assess the wholesale value of vehicles already in your inventory.
- Data-Driven Confidence: Base your pricing decisions on proven auction data, not just guesswork.
How Does ACV Wholesale Work?
ACV Wholesale isn't a fixed number. It's constantly updating based on market trends and historical sales data. A key factor that influences the value is vehicle condition.
- Dynamic Pricing: The value reflects current market conditions and auction performance.
- Condition Matters: The value displayed is based on the condition you select during the appraisal or inventory review process. Updating the 'Condition' is critical for accurate estimates.
Where to Find ACV Wholesale Values in ACV MAX
You can easily access ACV Wholesale values in two convenient locations within ACV MAX:
1. During Vehicle Appraisal:
Start by appraising a vehicle using ACV MAX on desktop or mobile. During the appraisal process, the ACV Wholesale value will be displayed along with the other ACV values. The appraiser will ‘Update Condition’ in order to get an adjusted value.
2. On the eStock Card (Inventory View)
View the ACV Wholesale value on the eStock card page of every Used vehicle in inventory. The manager will ‘Update Condition’ in order to get an adjusted value.
FAQ
- Q: Is ACV Wholesale a guaranteed price?
- A: No. It’s an accurate prediction of what a vehicle will sell for at auction based on historical data and current market conditions.
- Q: How often is the ACV Wholesale data updated?
- A: The data is updated every week, reflecting recent auction transactions and market trends.
- Q: Can I use ACV Wholesale to set my retail price?
- A: ACV Wholesale is intended for wholesale pricing decisions. Retail pricing requires considering additional factors like demand, features, and market positioning. We recently launched ACV MAX Retail, a new valuation that predicts the retail sale price of a vehicle in the next 30 days.