Small Changes to Increase Dealership Sales

August 1, 2017

The sale has been made. Your customer is pleased with their vehicle purchase. But does your dealership’s relationship with the customer end...

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Canstruction 2017

July 27, 2017

NextGear Capital team members recently participated in their third annual Drive Away Hunger campaign, Cox Automotive’s annual food drive benefiting Feeding America.

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Missing Out On Car Dealership Sales?

July 25, 2017

You’ve got a customer on the lot and you spend part of your evening showing them different vehicles. They seem interested, but...

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How does a dealer floor plan work?

July 18, 2017

The concept of a dealer floor plan is pretty simple: a floor planning lender gives a dealer a line of credit to...

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3 Ways Dealers Can Reduce Turn Time and Protect Profits

July 13, 2017

How long does it take to get newly acquired vehicles on to your dealership lot and ready to be sold? After...

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The Do’s & Don’ts of Auto Floor Planning

July 11, 2017

When dealers use a floor plan, they don’t have to use dealership savings to purchase inventory. This means dealers have a...

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Buying Car Dealership Inventory: Two Questions To Consider

June 29, 2017

A successful dealer is someone that can simply turn inventory into profit. However, ensuring that a dealer can remain...

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Make Wise Vehicle Investments With a Floor Plan Line of Credit

June 20, 2017

It is often said that used car dealers will typically make most of their profit margins with an initial vehicle purchase. In...

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NextGear Capital Announces New Transportation Financing Solution

June 14, 2017

To help independent dealers free up cash flow and simplify their business operations, NextGear Capital is partnering with Ready...

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How does floor plan financing work?

June 13, 2017

The terms “floor planning” and “floor plan financing” get thrown around pretty frequently in dealership and auction circles. But what do these...

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