News

News

Improve Cash Flow with Independent Dealer Financing

August 16, 2018

Many auto dealers understand the need to buy the right inventory at the right price, and the need to turn inventory...

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NextGear Capital, St. Jude Children’s Research Hospital Partner for Inaugural National Charity Week

August 10, 2018

NextGear Capital and St. Jude Children’s Research Hospital are rolling out a first-of-its-kind charitable promotion the week of Monday, Aug. 13. The...

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How Independent Dealers Can Fight Shrinking Margins

August 9, 2018

The rising costs of acquiring inventory mean compressed margins for dealers, and an increased focus on methods to improve profits. For...

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Cash vs. an Auto Floorplan

August 2, 2018

For dealers that purchase inventory with cash, dealership cash flow primarily hinges on a dealer’s ability to sell vehicles for more...

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Source Smart, Buy Local with Manheim Express

July 25, 2018

Experienced dealers accept that in order to keep business going, they need a stable stream of inventory to keep their lots...

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Evaluating Dealership Floor Plan Options

July 19, 2018

Dealers looking for additional capital have a number of options to consider, and many floor plan providers offer funding...

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Avoid Late Fees When You Enroll in AutoPay

July 12, 2018

Managing the daily operations of a dealership can be hectic! Dealers see their time as more valuable than ever, and hate the...

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Key Independent Auto Dealer Floor Plan Metrics

June 28, 2018

Many auto dealers have procedures in place to track dealership efficiency and profitability. For example, most dealers keep a careful eye on...

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NextGear Capital Announces New Auditing Tool for Dealers

June 19, 2018

To make a challenging audit process easier, NextGear Capital will be introducing a self-reconciliation tool that saves dealers time and provides them...

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Move and Purchase Inventory with Manheim Express

June 14, 2018

A prevailing truth for many dealers is that what sells well on one dealer’s lot might not sell on another dealership...

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