Blogs
March 23, 2017
Asset security is a concern for both dealers and floor plan finance companies alike. If a customer takes a vehicle for a...
Read MoreMarch 16, 2017
Dealers use a number of tools each and every day to help maintain and grow dealership business and profitability. For NextGear Capital dealers,...
Read MoreMarch 9, 2017
According to a Cox Automotive study, “walking in” remains as a customer’s most common initial point of contact with...
Read MoreFebruary 28, 2017
https://www.youtube.com/watch?v=udlY8Lrm3fo Economic and industry factors can have a significant impact on any industry. In a recent webinar, Tom Webb—chief economist for...
Read MoreFebruary 23, 2017
Vehicle titles are part of everyday life at a dealership. For dealers that floor plan, it’s not unusual for vehicle titles...
Read MoreFebruary 21, 2017
When dealers begin utilizing a floor plan to finance their purchases, initial concerns surrounding immediate access to vehicle titles may arise. Floorplan...
Read MoreFebruary 9, 2017
Encouraging a car buyer to shop at a particular dealership is no longer just a matter of simply being the closest dealership...
Read MoreFebruary 2, 2017
Aged inventory is a big issue for many auto dealers. Vehicles are depreciating assets, and if they remain on a dealer’s...
Read MoreJanuary 26, 2017
Once a dealer is cleared to use an automotive floor plan, they instantly have access to more capital to aid in purchasing...
Read MoreJanuary 19, 2017
Every dealer has a preference on what type of capital they use to purchase inventory. Each dealer has the choice to use...
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