Tag: NextGear Capital

car mechanics

Dealers getting picky with used car stock

Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” over the condition, service history and specification in recent months. According to a white paper published by the Cox Automotive-owned company, Next Gear Capital said used car prices and conversion levels are being influenced by condition/pre-sale preparation in the remarketing

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NextGear Capital Report: Dealers are embracing new technology

The way trade buyers operate is changing – it is a shift driven by a combination of technology, trends in consumer purchasing activity, an improving economy and access to stock funding. These were the key lessons taken from NextGear Capital’s recent UK wide auction tour. In total the tour took in 20 auctions in just two

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NEXTGEAR CAPITAL REPORTS VANTASTIC RESULT AT SHOREHAM LCV AUCTION

Headlines: 16 out of a sold entry of 139 vehicles purchased via NextGear’s Stocking Plan Currently 12% of the £40m vehicles funded by NextGear are  light commercials Buyers claim to improve the quality of their stock through the Stocking Plan   NextGear Capital celebrated a major success at a recent Shoreham Vehicle Auctions vans auction

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VRA Member NextGear Capital set to launch StockMaster website

NextGear Capital UK is set to launch its all-new StockMaster website, giving its used-car dealers a place to view their vehicle stocking activity. The mobile site provides dealers with the ability to view the status of their stocking plan, including vehicles pending from auction and they can also add purchases at the click of a

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NextGear Capital appoints Shoreham as first independent auction partner

Shoreham’s used vehicle buyers excited at new Stocking Plan Paperless system works well for both auctions and buyers Shoreham Vehicle Auctions (SVA) is the first independent auction company to sign up to the new NextGear Capital Vehicle Stocking Plan. SVA believes the Plan will transform the way used vehicle dealers buy and manage their stock

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Nextgear Capital launches new used vehicle stocking plan

NextGear Capital UK’s  new vehicle Stocking Plan has gone live today (15 April 2014), with used car and van dealers able to apply online at www.nextgearcapital.co.uk The new plan aims to revolutionise used vehicle stocking for UK dealers and is part of a £3m first year investment in people, premises and systems for the Chester based

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