We provide wholesale funding to over 1,700 dealers across the UK and Ireland. Our Stocking Plans enable dealers to grow their business, stocking up on more of what they know sells well.
Our partnership with Dealer Auction means that by becoming an approved seller, our dealers can purchase your vehicles using their Stocking Plan. Once you have agreed a sale, we will pay you directly, making sales easier and faster.
There are no costs to becoming an approved seller, simply complete our short online registration form and we will be in touch within 48 hours.
What are the benefits of being an approved seller?
On Dealer Auction dealers can filter to show vehicles that they can purchased using their Stocking Plan. This means as an approved seller you can attract new buyers with greater buying power. The payment process is then simple with NextGear Capital paying you direct, making your sales easier and faster.
How do I get paid?
Once you have sold a vehicle to a NextGear Capital customer and provided the dealer is happy with the vehicle at the point of collection; input the agreed value on the Dealer Auction website and select 'Pay with NextGear Capital'. You will be paid by direct credit and receive payment no more than 3 working days later.
- How much does it cost?
Becoming an approved seller and accepting payments from NextGear Capital is completely free of charge.
Is there a lot of paperwork?
Once you complete our online registration form with basic information about your dealership and your payment details, you will receive an email within 48 hours notifying you of whether your registration has been successful.
Within 2 working days of a successful registrations, you will be set up as a NextGear Capital approved seller with a NextGear Capital payment option becoming visible on the Dealer-Auction website.
Why do I need to enter my bank details?
For us to set you up as approved seller, we need to add your payment details into our system. This ensures a swift payment process when you agree a sale with a NextGear Capital customer wishing to pay with their Stocking Plan.