COVID-19 Hub: Company Updates & Dealer Resources
NextGear Capital is doing all that we can to support our impacted team members, clients and industry partners throughout the COVID-19 pandemic. Please know that the Cox Automotive family of brands is committed to keeping the automotive marketplace up and running. In the interest of staying connected with our partners and clients, NextGear Capital will provide real-time updates via our COVID-19 Hub in addition to our social media channels.
NextGear Capital’s leadership team is monitoring and re-evaluating our course of action on a daily basis. This is a fluid situation and we are ready to pivot when the time calls for it – just as we’re certain your dealerships and auctions are as well. Please know that we will continue supporting our clients, valuing all of our partnerships and doing everything that we can to get this industry back to where it belongs.
Dealers: Should you have questions related to your account or business decisions related to COVID-19, please contact your Portfolio Manager or our Client Experience team at 888.969.3721 or firstname.lastname@example.org.
Auctions: Should you have questions related to how our business decisions tied to the COVID-19 crisis may affect your auction, please contact our Auction Services Department at 888.969.3721 or email@example.com.
The below summary of information related to NextGear Capital’s COVID-19 response will be updated regularly as the situation evolves.
NextGear Capital Resources
|Here for You– Hear from NextGear Capital President Scott Maybee as he discusses the economic impact of COVID-19 and provides tips and best practices.|
|May Dealer Relief Package– Get more details on the Dealer Relief Package being offered in May for eligible floorplan advances.|
|How Dealers Are Adapting– See what resources other independent dealers are utilizing during COVID-19.|
|Dealership Marketing Resources– Learn more about all the resources available to help optimize your marketing strategy during these difficult times.|
|COVID-19 Resources– Familiarize yourself with some of the initial COVID-19 resources available from the US government and Cox Automotive.|
|How to Safely Sell During COVID-19- Learn what resources are available to dealers to keep conducting business.|
|Stay Connected– Find out how by connecting with industry partners across social media you can keep your business in the know.|
|Digitally Sourcing– Find out how it’s easier than ever to acquire your inventory from digital sources during a time that calls for social distancing and staying at home.|
Other Resources and Helpful Links
|Cox Automotive Resources||Partner Resources||Government Resources|
|Employment Resources||CARES Act Resources||News and Information|
*Content is general information only, not legal advice or legal opinion based on specific facts or circumstances. It is provided solely to help make important information available during this crisis. NextGear Capital makes no representation as to its accuracy or as to its application to you, and no liability is assumed by NextGear Capital by virtue of providing it. For your company’s compliance, please seek legal advice. NextGear Capital expressly disclaims any and all liability that may result from reliance on any documents, website, links or any information or material herein. You should not act upon any such information without first seeking qualified professional advice based on your own circumstances. NextGear Capital is continually updating its Covid-19 Resource Hub page. Please check back often. The NextGear Capital Dealer Relief Program is subject to the sole discretion of NextGear Capital and may be modified or terminated at any time, without notice.