Hassle-free forecourt funding
NextGear Capital offers flexible, straightforward, and dependable vehicle stock funding. With a genuine interest in helping dealers be more successful, NextGear Capital offers the potential for improved profitability.
Funding is simply an enabler. Having the ability to buy more stock fuels growth. By filling empty forecourt spaces, you can unleash profit opportunities or alternatively, freeing up cash allows for investment in your business in other ways. Facilities, marketing, or people for example.
Some dealers use funding to diversify, some specialise, others expand. Here’s to achieving your 2021 ambition together.
A partner you can trust
NextGear Capital is part of Cox Automotive, so is of course a partner we trust implicitly. We’re separate businesses but we share the same values and customer focused ways of working. We really rate what NextGear Capital offers and the difference they can make to a dealer’s business – why not find out for yourself?
Benefits of NextGear Capital
How it works
- • Once you've won a vehicle, let us know you'd like to pay with NextGear Capital
- • They’ll pay us direct, settling 100% of the hammer price (+VAT on qualifying vehicles), plus auction and delivery fees
- • You can take the vehicle away the same day and retail it on your forecourt for up to 150 days
- • At the end of the stocking period, or when the vehicle is sold, clear the balance on your Stocking Plan
Deals beyond auction
Never lose a sale. Want to take in a part-ex but have your eye on cash-flow? No problem. NextGear Capital’s plan provides added flexibility, funding 100% of CAP Clean or invoice price (whichever is lower).
Experience you can depend on
NextGear Capital is part of Cox Automotive, the world’s largest automotive services business, so has the backing of a vastly experienced and relevant business with a long-term vision. This affords them freedom to focus on the one thing they do, and that only: wholesale vehicle funding.
Becoming a true funding partner, their account managers are on hand to support, taking an active interest in your business and its success.
- • Over £3bn of stock funded to date
- • 1,700+ dealerships utilising our funding across the UK & Ireland
- • 500,000+ vehicles funded to date
Who can apply?
NextGear Capital supports dealers of all shapes, sizes, and specialisms throughout the UK and ROI. If you have been trading 12+ months, are VAT registered and have a physical retail premises, we’d love to talk.
Interested in finding out more? Click below for more information