fees Based On Purchase Price,
NextGear Capital is offering you MORE ways to save than ever before with our Tiered Pricing program. With this, floor plan fees are based on a vehicle’s purchase price, which means our clients aren’t paying the same flooring costs for a $2,000 unit as they would for a $12,000 unit. This keeps cash on hand versus tied up in inventory, creating a more profitable way to manage your dealership.
|Promotional Term Plan Rates Without the Promotion|
|A More Profitable Way to Manage Inventory|
|Truly Flexible Terms That Complement Your Purchasing Style|
“I’ve looked into other floor plan lenders but I think that NextGear Capital has better tools, a better audit process and I prefer their term plan structure.”
– Bobby VanSickle, AFS Ohio
More ways to save
NextGear Capital dealers who have taken advantage of Tiered Pricing have seen savings of up to 65% on some of their flooring costs! And with truly flexible terms, dealers are more empowered than ever when it comes to maximizing their floor plan to benefit their unique business needs.
This is one of numerous products that NextGear Capital has created to provide independent dealers with the control and transparency they need to be successful in today’s competitive automotive industry.
When vehicle prices and market trends fluctuate, you may decide to make changes to the types of inventory you carry. With tiered pricing, you won’t have to worry about making up the difference by trying to convert cars back to cash. You’ll still have the cash flow needed for things that make the most impact on your business.
With additional cash flow you can:
- Make needed maintenance to your car lot
- Upgrade your technology
- Experiment with different types of inventory
- Hire additional staff
- Invest in additional tools to help market your vehicles
Are you unsure if Tiered Pricing is right for you? Check out our newest pricing programs First Gear and Flex Pricing to compare each one’s benefits.
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Join the thousands of dealers who have seen growth and success with NextGear Capital - flexible terms and competitive pricing are just a few clicks away!