ACV Auctions reviews

3.2

54% would recommend to a friend

(399 total reviews)

George Chamoun

59% approve of CEO

47% positive business outlook

ACV Auctions has an employee rating of 3.2 out of 5 stars, based on 399 company reviews on Glassdoor which indicates that most employees have a good working experience there. The ACV Auctions employee rating is in line with the average (within 1 standard deviation) for employers within the Retail & Wholesale industry (3.4 stars).

Reviews by job title

399 reviews
1.0
Nov 11, 2020
Recommend
CEO approval
Business Outlook

Pros

Great product and good people in the organization

Cons

Sales Leadership is lacking, commission pay plan sets Territory Managers up for failure. Fired large amount of staff early in pandemic and acquired another company weeks later

3.0
Sep 15, 2020
Recommend
CEO approval
Business Outlook

Pros

Founders, CEO are great. Seems like they really care about their employees. Casual dress code. Good benefits. The technology behind ACV is very unique and it's been very successful.

Cons

Questionable ethics for a company that boasts "transparency." Sloppy, embarrassing drinking events; employees having toxic relationships for everybody to witness. Managers appointed who aren't qualified to manage people, YIKES. The company relies on the Vehicle Condition Inspectors (who are worked to the bone); or else nothing would be produced or accomplished. Sales department is pushed to insanity. Some employees are dangerously protected & pampered, others are treated very poorly. Territory Managers have a decent turnover rate due to the nature of the business; the wholesale auto industry is filled with extremely stubborn people who think they're right about everything. Not much career-growth opportunity; you can jump between departments but most senior roles are determined by inner-ties instead of qualifications.

1.0
Sep 9, 2024

Do NOT work here

Recommend
CEO approval
Business Outlook

Pros

PTO and Benefits, I guess Work life balance - sometimes you're done by noon, or 2pm, or 5pm. But still paid for the day

Cons

Everything else. Literally. If you're a VCI you're the bottom of the barrel, they start you out at $18.50 + commission ($10 per car sold, lose that $10 if you get arbed), cap out at $21.50 + commission. This company likes to pride themselves on "team", "growth", "communication". This company is atrocious at every one of them. They love to tell you that you can grow within the company, when you can't. I've been trying to apply to new positions for quite some time and they don't get back to you. You'll get a screen call from the recruiter and then after that they forget about you, and if you are lucky enough to get the interview, they always hire something "with more experience" even after them telling you that position is usually where VCI's go to. If you're a VCI, there is no team. The only team is your direct co-workers, and that's even iffy. You have a manager (TM/Territory Manager) who gives you your schedule every day, however, they only look out for themselves. We (VCIs) get our big money from selling cars that we write, not just inspecting. The TMs get paid on both and get bonuses on both, so the more terrible dealers they send you to with a 50% or under sell through percentage is a waste a time for us VCIs, whereas they don't care because they need a quota to hit to get their bonus. You could write cars all month long at terrible spots and sell 70 cars, yet they get slapped with a big bonus and won't care about your bonus.

Viewing 22 - 24 of 399 Reviews

Glassdoor has 416 ACV Auctions reviews submitted anonymously by ACV Auctions employees. Read employee reviews and ratings on Glassdoor to decide if ACV Auctions is right for you.