We have funded over £5bn of vehicles.
Since launching in 2014 we have broadened our product range to offer Stocking Plans to both independent and franchised used vehicle dealers selling used cars and LCVs.
We connect stock wholesalers to dealerships through Stocking Plans that are transparent and simple to use across a wide variety of vehicle sources. We are now partnered with over two-thirds of the auctions in the UK with additional wholesale sources and have welcomed over 1,700 dealers on board.
Tailored to suit the needs of your dealership, you can use a NextGear Capital Stocking Plan to fund part-exchanges, trade purchases, private purchases, existing stock and auction purchases.
NextGear Capital brings the opportunity to increase your stocking profile, to stock more vehicles and to drive more profit through your business.
In 2015 we launched StockMaster; the UK's only on the go solution to view and fund all of your pending vehicles in one place. All NextGear Capital customers have access to StockMaster, giving increased accessibility and greater control while saving time at auction.
NextGear Capital UK Ltd is part of the US-based Cox Automotive Group. In the US, NextGear Capital, Inc is the industry's leading provider of lending products for vehicle dealers and auctions, with more than 17,000 dealers and 1,000 auctions across North America and CanadaNextGear Capital UK aims to replicate this established service for franchised and independent used vehicle dealers. Driven by the very latest technology this goal is to offer a simple, easy to use Stocking Plan and set new standards for buying and selling vehicles.
Based in the city of Chester, NextGear Capital has over 70 employees, including a team of Account Managers covering the whole of the UK.