Digital auto auction ACV has scaled up its no reserve sale to four days each week, giving buyers and sellers more opportunities to sell and source inventory in true $0 reserve auctions, the company said.

The new schedule includes Tuesday, Wednesday, Thursday and Saturday sales beginning at noon ET, adding a Wednesday sale and moving the Saturday start time up two hours to align all the sales on a consistent time slot for “maximum dealer engagement.”

In a news release, ACV called the no reserve sale “the fastest, most profitable way for dealers to move inventory on ACV’s platform.”

Sellers select vehicles from the My ACV dashboard, receive a guaranteed payout and put them into a $0 reserve sale on any four days the sale is offered. If the vehicle sells for more than ACV’s guaranteed offer, the dealer keeps the extra, the company said. If it sells for less, ACV covers the difference.

ACV said 85% of the vehicles in the sale bring more than the guaranteed offer, adding the auctions average more than 10 unique bidders, more than 35 bids and more than 100 views.

“With the sale, they get triple and sometimes quadruple the amount of views,” Next Level Wholesale owner Iggy Cherkashyn said in the release. “One hundred different bidders will look over your car, and at the end of the auction — the ‘golden minute’ — is usually when the top dog gets decided by two or three dealers.

“Everything that sells over that guarantee, you get to keep. No percent of that gets taken out. You come out with a big smile on your face at the end of the sale because things tend to do a lot better.”

ACV said it’s only wholesale auction platform with “hundreds of vehicles nationwide at $0 reserve”, offering more than 1,500 vehicles weekly among the four sales.

“At ACV, we strive to make life easier — and more profitable — for dealers on both sides of the auction,” chief operating officer Vikas Mehta said. “This expansion isn’t just about adding more sales to the calendar. It’s about giving dealers more control, more options and more opportunities to win.

“We’ve seen dealers turn slow-moving inventory into instant cash flow and buyers secure the inventory they need to keep their lots full. That’s what drives us — helping our dealer community succeed in a competitive market.”