News

News

How Floor Plans for Car Dealers Make A Difference

January 4, 2018

Used car dealers hustle each and every day to acquire and sell vehicles. Frequently, dealers will purchase vehicles with...

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Merchandising Inventory Improves Speed to Market

December 19, 2017

Dealers looking to protect profit margins will often look to increase their overall speed to market. Often, posting vehicle...

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Maintaining Dealership Compliance

December 14, 2017

Staying on top of dealership federal and state regulations in a perpetually evolving legislative landscape can be difficult for dealerships. Ensuring...

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Dealership Wholesale Financing With NextGear Capital

November 30, 2017

Efficient and simple dealership wholesale financing is an essential part of a wholesale dealer’s operation. Though independent wholesaling dealers have a...

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Account Portal Launches New Mobile Features, Functionality

November 21, 2017

Dealers can expect to see new features and expanded functionality within NextGear Capital’s online account management platform. Account Portal’s updated, optimized mobile...

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NextGear Capital Honors 2017 Auction Partner Award Winners at NAAA Used Car Week Convention

November 16, 2017

NextGear Capital, a Cox Automotive brand, presented the fifth annual Auction Partners Awards at the 2017 National Automobile Auction Association (NAAA) Used...

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Independent Dealers Simplify Business Operations and Increase Cash Flow Using Transportation Financing Solution

November 16, 2017

Since launching a first-of-its-kind automated transportation financing solution earlier this year, NextGear Capital has processed more than 14,500 transactions from independent...

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How Transportation Financing Benefits Dealers

November 9, 2017

NextGear Capital recently partnered with Ready Logistics to provide dealers the freedom of floor planning transportation costs. With one seamless transaction, the...

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Using a Floor Plan Company as a Resource

November 2, 2017

Auto dealers most frequently will rely on their floor plan company to provide financing for the inventory they purchase. While providing capital...

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Maximizing Profits on Auto Auction Purchases

October 25, 2017

Today’s dealers face an increasingly challenging process when it comes to purchasing used vehicles. Every vehicle that you find at auction or...

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