Inventory and recon

What is ACV?

Also called: actual cash value

ACV is what a vehicle is genuinely worth to you today at wholesale, and it is the number a trade should be booked at, whatever the customer was shown.

Over-allowing on a trade to make a deal work does not create value; it moves gross from the front end into a car you now own above market. Booking at real ACV keeps that visible instead of burying it.

Auction data (MMR and the book services) informs ACV, but condition and your own recon estimate decide it.

Handle this automatically

Loturn tracks every cost against the VIN and shows live profit on every car, with real dealer accounting built in.

Start free trial Inventory valuation

Related terms

Front gross

Front gross is the profit on the vehicle itself: sale price minus total vehicle cost minus pack, before any financing or product income.

Wholesale

Wholesale is dealer-to-dealer trade, usually through an auction, as opposed to retail selling to a consumer.

General information for US dealers, not legal advice. Rules change and vary by state, so confirm specifics with your state agency or counsel.