Floor Planning Cars: Why Cash Holds You Back
Owning all the cars on your dealership lot can feel very satisfying. You won’t owe fees or interest, and when that vehicle sells, those funds…
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Expenses that can Hurt a Dealer’s Bottom Line
Have you ever wondered where your money is going every month? Being in control of your business spending is an essential component…
Jaber Motors Forges Ahead
When Ahmad Jaber started floor planning with NextGear Capital two and half years ago, he didn’t know much about the used car…
4 Ways an Auto Dealer Floor Plan Can Help You
Before looking into the ways an auto dealer floor plan can help you, it’s crucial to understand the concept of a floor plan. The way they work are similar to credit cards. In the…
Social Media Basics for Auto Dealers
Research has shown that most car buyers start their search online. When you establish an online presence for your dealership, you can start attracting potential new customers. In this…
How Floor Planning Compares to Local Lenders
When dealers are looking to purchase more inventory or want to make improvements to their dealership, they will often need to secure…
Caring During COVID: Part 2
During the past few weeks, NextGear Capital team members and clients have sought out ways to support their families, friends and community…
How a Natural Disaster Sparked the Idea for a Nonprofit
Steven Schneider is no newcomer to the automotive industry. He started out as an automotive detailer and has worked his way through almost all aspects of…
How to Move Inventory During COVID-19
The COVID-19 pandemic has created a new normal for businesses, resulting in many independent dealers making adjustments to their sales strategies. One…
How This Dealer Found Success During COVID
Mikey Rudman has successfully operated Scottsdale Wholesale Direct out of Phoenix, AZ since June 2015, but realized he needed to get into…