Topic: Floor Plan Tips

We’re excited to share a special episode of the Auto Remarketing Podcast that’s all about supporting and empowering Independent Dealers in today’s evolving automotive market.  In a shifting automotive landscape, independent dealers are facing more uncertainty than ever. In the latest episode of our podcast, host Bill Zadeits sits down with Kyle Ballinger and Nicole Graham-Ponce from NextGear Capital…

Dealership success starts with an effective inventory acquisition strategy. Flooring purchases from a variety of inventory sources provides greater opportunities to diversify your inventory selection and find the right cars at the right price.  Here are just some of the places you can source inventory and finance with your NextGear Capital floor plan.  Auction Inventory …

Real-world advice that dealers can act on today and all year CARMEL, Ind. – February 12, 2024 – If the chaos of the last four years has taught us anything, it’s that predicting the future comes with uncertainty. Still, there’s plenty of data to suggest that 2025 will bring stable wage and credit conditions that keep demand strong.…

Whether you’re just starting out or you’ve been in the business for a long time, having more flexibility with your cash flow never gets old. That’s why our lines of credit are specific to the automotive industry, tailored to the unique needs of independent dealers and can be used to floor plan nearly any type…

You may have heard of floor planning before but might not be sure what it means. Floor planning is simply a revolving line of credit that independent dealers can use for inventory financing to purchase vehicles and free up cash flow for anything from enhancements to the business, to improvements to their car lot. Here…

Whether you carry 10 or 200 vehicles on your lot, running an independent dealership takes a lot of planning and hard work. From sourcing inventory and marketing your vehicles to answering customer questions and processing paperwork – it can feel like the workday is never-ending. That’s why it’s crucial to use the right tools to…

With market fluctuations causing vehicle shortages and high prices, independent dealers have found themselves looking for new ways to keep high-demand inventory on their lots. Floor plans provide car dealers with financing that can be used to help secure inventory and more. Here are some ways the cash-flow provided by inventory financing can help when…