For independent dealers, the day-to-day management of a dealership can be both time consuming and cumbersome. Fortunately, if you have a floor plan with NextGear Capital, you have access to Account Portal which helps streamline daily business tasks. Here are just a few ways that Account Portal can help you run your dealership more efficiently.
Floor Vehicles Quickly – Work-life balance can be challenging when you run your own dealership, especially when you have a day where you barely get a break. Fortunately, you don’t have to hang around the dealership after hours to floor your inventory. NextGear Capital knows that its dealers’ lives are busy and designed Account Portal with that in mind. Account Portal makes flooring non-auction purchases as easy as 1-2-3 with priority servicing, free shipping and funding that’s initiated ahead of the title being received.
Tailored Floor Plans – NextGear Capital knows that client’s needs vary, so they’ve designed a variety of floor plan options to meet changing needs. Tiered Pricing zeroes in on creating fees around the purchase price of a vehicle. Meaning dealers who specialize in carrying inventory with a valuation of $10,000 or less will pay lower fees than dealers who are sourcing luxury vehicles. While dealers new to the used car space may find First Gear a better fit, as it focuses on their credit attributions allowing them to get signed up for a $100,000 line of credit without having to submit bank statements. For the cashflow sensitive dealer who also wants a simplified floor plan, Flex Pricing offers a 0.01% principal reduction payment per period while eliminating certain fees. No matter what floor plan you choose, you’ll always be able to manage your account and inventory inside of Account Portal.
Keep Track of Your Titles – One of the most time-consuming aspects of purchasing a vehicle can be staying updated on the status of a title. Account Portal makes the process easy with its newly enhanced title page. Dealers now have greater visibility to the status of a title, it’s due date to NextGear Capital and the number of titles that are eligible to be released. With the new titles experience, dealers can access tracking location, title location and more.
Clear Audits in No Time – Keeping track of your vehicle audits can be frustrating when you have your lot stocked with vehicles but it’s a seamless process inside of Account Portal. Simply upload photos from your mobile device and clear units in real-time with Self Reconciliation. You can also view the reconcile and payoff amounts on all your inventory, making for a transparent and efficient process. No time to manage your audits? No problem! Use our delegation tool to assign the auditing responsibility to one of your employees or business partners.
Access Free Valuations – It can be hard to keep tabs on how much a vehicle should be priced for when there are constant fluctuations in the market, but you can quickly access this information for all potential buys inside Account Portal. While other floor plan companies may provide you this information for an additional fee, it’s another free tool available to you with your NextGear Capital floor plan.
NextGear Capital knows that the needs of independent dealers are always evolving which is why we’re continuously making enhancements inside of Account Portal to meet and exceed those needs. It’s true that any floor plan will give you more buying power, but when paired with a tool like Account Portal, you’ll also have the support you need to effectively do business your way.
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