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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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
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
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
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
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
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
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