NextGear Capital News

You can find out all the latest news from NextGear Capital UK Ltd and read our press releases here. We aim to keep you updated on new developments and feedback from our customers, so make sure you visit regularly to find out what’s happening.

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19/06/2017     Three ways dealers can safeguard their bottom line

The other day, we came across an interesting guest blog post on Motor Trader written by Matt Dale, director of auction house G3 Remarketing, one of our partners. Dale shares some useful tips to help used car dealers protect their bottom line. Read more

14/06/2017     NextGear Capital funds more than £600,000 of Auction4Cars stock

Auction4Cars, which offers Motorpoint’s part-exchange vehicles to the trade, saw more than £600,000-worth of stock purchased in one month from dealers using their NextGear Capital Stocking Plans, having only become an approved source for the wholesale finance provider in April. Read more

07/06/2017     Five steps to social media success

For car dealerships – and indeed, businesses in all industries – social media is no longer considered a nice-to-have; it’s now an essential part of the marketing mix. Read more

26/05/2017     SMMT data reveals record Q1 for used car market

It was a bumper start to 2017 for the used car industry, with data published earlier this month by the Society of Motor Manufacturers (SMMT) revealing a record number of vehicle sales during the first quarter. Read more

12/05/2017     The fuel debate: Should you stock more diesel or petrol cars?

What about diesel and petrol cars? In which direction is consumer demand heading? A recent whitepaper from cap hpi, titled ‘Petrol versus Diesel,’ shares some valuable insight. Read more

12/05/2017     Shift in how consumers are buying vehicles

Being able to source a quality consumer finance provider is extremely important; particularly now, with a recent study revealing an increase in the number of consumers opting to finance their cars rather than buying them outright. Read more

28/04/2017     Is your dealership geared up for GDPR?

There is still a year to go, but it’s never too early to start preparing your dealership for the forthcoming General Data Protection Regulations (GDPR), which will replace the Data Protection Act 1998. Read more

13/04/2017     NextGear Capital kick-starts fundraising efforts with Easter Café

Hot off the heels of their charity selection, NextGear Capital hosted an Easter Café which attracted local businesses in search of breakfast and afternoon treats. Read more

21/03/2017     NextGear Capital exceeds £1 billion in wholesale vehicle funding

In excess of 142,000 vehicles across the UK and Ireland have been funded by NextGear Capital since its launch in 2014, with the total value of vehicles exceeding £1 billion. Read more

27/02/2017     NextGear Capital set to fund 100,000 vehicles in 2017

NextGear Capital UK had a record start to the year, funding over 8,000 wholesale vehicles for its dealer customers in January, with an expectation of funding a total of more than 100,000 vehicles in 2017. Read more