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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It used to be the case that cash was king when it came to car dealers purchasing new stock. However, dealers are increasingly weighing up a range of options when deciding how to fund the vehicles on their forecourt. Read more
Buyers are wanting the ability to flex their purchasing options in order to meet the demands of the used vehicle market. Read more
NextGear Capital has hit the £2 billion mark for vehicle funding just four years after the company first launched in the UK. Read more
Finance Director Amrit will be responsible for overseeing the growth strategy of NextGear Capital to continue to offer a first-class funding programme to used car dealers. Read more
“The September plate change and the inevitable influx of part-exchange and fleet returns will bring will increase volume into the market but could also once again put some light pressure on values over the next six to eight weeks” Read more
A couple of years ago, we teamed up with Dealer-Auction.com, the UK’s largest auction site offering stock exclusively from franchised main dealers and dealer groups. The partnership allows dealers to quickly secure funding for their newly-purchased vehicles, meaning they can get the stock they need, when they want it. Read more
02/08/2017 Average used values increase by 4.2% in June
We recently reported on Cap HPI research which painted a positive picture of the used car market in terms of sales, before going on to predict that 2017 will be a bumper year for the industry and now the National Association of Motor Auctions (NAMA) – has supported Cap HPI’s predictions. Read more
The news just gets better and better for used car dealerships in the UK, with recent research suggesting that 2017 will be a bumper year for the industry. Read more
When it comes to marketing your dealership, you want to make sure the channels you invest your time and money in are worthwhile and deliver a substantial return on investment (ROI). Though, with a plethora of platforms available, which ones should you be focussing on? Read more
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