News

News

Account Portal Launches New Mobile Features, Functionality

November 21, 2017

Dealers can expect to see new features and expanded functionality within NextGear Capital’s online account management platform. Account Portal’s updated, optimized mobile...

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NextGear Capital Honors 2017 Auction Partner Award Winners at NAAA Used Car Week Convention

November 16, 2017

NextGear Capital, a Cox Automotive brand, presented the fifth annual Auction Partners Awards at the 2017 National Automobile Auction Association (NAAA) Used...

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Independent Dealers Simplify Business Operations and Increase Cash Flow Using Transportation Financing Solution

November 16, 2017

Since launching a first-of-its-kind automated transportation financing solution earlier this year, NextGear Capital has processed more than 14,500 transactions from independent...

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How Transportation Financing Benefits Dealers

November 9, 2017

NextGear Capital recently partnered with Ready Logistics to provide dealers the freedom of floor planning transportation costs. With one seamless transaction, the...

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Using a Floor Plan Company as a Resource

November 2, 2017

Auto dealers most frequently will rely on their floor plan company to provide financing for the inventory they purchase. While providing capital...

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Maximizing Profits on Auto Auction Purchases

October 25, 2017

Today’s dealers face an increasingly challenging process when it comes to purchasing used vehicles. Every vehicle that you find at auction or...

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Choosing a Dealership Floor Plan

October 18, 2017

Selecting a dealership floor plan provider can be an involved decision for an auto dealer. There are a number of different floor...

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Best Ways to Source Dealership Inventory

October 11, 2017

Sourcing dealership inventory efficiently and effectively is a key component of auto dealer success. Many dealers know their market and know what...

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Monitoring Floor Plan Financing Metrics

October 5, 2017

Automotive dealers use a variety of metrics to measure their dealership’s efficiency and profitability. Of course, some of those metrics include overall...

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Utilizing the Structure of an Auto Floor Plan

September 27, 2017

Many of the best dealerships develop processes and routines that result in overall dealership profitability. A lot of that success can be...

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