1. Dealers become approved buyers with a rolling Stocking Plan limit and buy stock on behalf of NextGear Capital who retain title of the vehicle.
2. Dealers can select vehicles to buy at partner auctions and online remarketing partners.
3. Auction partners will invoice NextGear Capital for purchases made by NextGear Capital dealers.
4. NextGear Capital will fund the vehicle hammer price and eligible fees such as delivery and indemnity fees.
5. You’ll receive payment within three working days.