Blogs

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...

NextGear Capital Announces New Auditing Tool

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...

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...

Comparing Floor Plan Lenders

May 31, 2018

Floor planning partners are often an integral part of dealership operations. Comparing various floor plan lenders and choosing a floor...

Common Independent Dealer Floor Plan Mistakes

May 24, 2018

Independent dealers are in control of how they use their floor plans. Compared to using cash, floor plans have the ability...

New Audit Improvements Add Flexibility for Dealers

May 18, 2018

Though audits are a fundamental part of the floor planning process, they shouldn’t consume more time from a dealer than necessary.

Managing an Auto Dealer Floor Plan Line of Credit

May 10, 2018

Floor planning empowers independent auto dealers to simply fund and stock dealership lots with in-demand inventory. Though it’s exciting to finally be...

Boost Profits & Turn Times With Floor Plan Lending

May 3, 2018

Car dealers work tirelessly to protect and improve turn times and overall dealership margins. Over time, many dealers develop and implement...

The Advantages of an Auto Dealer Line of Credit

April 26, 2018

Almost every dealer has a preferred type of capital they use when purchasing inventory. Some prefer cash, a standard bank loan,...

Growing Business with Auto Floor Plan Lending

April 19, 2018

To build a profitable and thriving dealership, auto dealers have to utilize a number of tools. Some of these tools handle...