Tax Time Dealer Inventory Tips from Joe Lescota

January 4, 2017

While consumers are eagerly awaiting tax refunds, dealers are watching wholesale prices and preparing for one of their busiest seasons. In a...

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Seasonal Wholesale Prices Drive Dealers to Stock Up

December 15, 2016

NextGear Capital and Manheim Offerings Compel Clients to Maximize Floor Plan Purchasing Power Savvy dealers tracking seasonal wholesale prices and...

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Developing An Exit Strategy for Aged Used Inventory

December 8, 2016

After buying a vehicle at auction, do you ever think to yourself, “What am I going to do with this unit if...

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Three Floor Plan Finance Formulas Every Dealer Should Know

November 30, 2016

Owning and operating a profitable dealership with efficient cash flow all comes down to balancing that cash flow with current inventory.

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How an Auto Dealer Can Encourage Customers to Re-Purchase

November 11, 2016

If you’ve had a good experience shopping somewhere, you are more likely to go shop there again. According to an...

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Knowing Your Market Is Key to Stocking The Right Inventory

November 2, 2016

It’s easy to buy inventory. With enough credit, a dealer could fill his whole lot with vehicles. However, buying the right inventory...

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Why Should Dealers Consider Selling Units at an Auction?

October 13, 2016

Dealers have a set number of spaces in their lot to put units, and everyday dealers...

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Path to Becoming an Auction Super Seller

October 5, 2016

While dealers might not want to get rid of inventory that could eventually be sold, sometimes it makes sense for dealers to...

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VP Reflections | The NIADA National Leadership Conference and Legislative Summit

September 29, 2016

NextGear Capital’s Vice President of Marketing and Auction Development, Susan Moritz, gives an inside look at the 2016 NIADA National Leadership Conference...

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Tom Hudson Webinar Summary

September 12, 2016

How do you ensure your advertisements meet FTC and CFPB requirements?* Dealers carefully budget each year...

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