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NextGear Capital has partnered with Carwow to make it quicker and easier for retailers to fund purchases through Carwow’s daily online auctions.
NextGear Capital funding options have been embedded within the Carwow Wallet digital payment solution, which means dealers can apply for a NextGear Capital account and instantly use their Stocking Plan to make a payment on an auction purchase. This will accelerate stock turn and ease cashflow pressures for dealers, making it easier to commit to new stock without having to wait for existing stock to leave the forecourt.
Commenting on the new integrated stock funding within Carwow Wallet, Ben Bradley from Bradleys Cars in Sheffield said: “[NextGear Capital’s] stock funding within Carwow Wallet is seamless; in just a couple of clicks, an auction win is paid for. It has been a fantastic addition to the platform and has significantly improved our cash flow management.”
As of February 2026, NextGear Capital has funded more than 900,000 vehicles worth a combined value of £8.1b. Since its launch, Carwow Wallet has supported the sale of almost 12,000 cars with a combined value of more than £185m in its daily auctions. In the first two months of 2026, it has already processed over £58m-worth of vehicles.
Matt Cockerill, VP of Performance & Trading at Carwow, commented: “Dealers want less friction and more certainty at the point of purchase. This latest enhancement to Carwow Wallet is part of our continued investment in creating an end-to-end stock sourcing platform that simplifies life for our dealer partners. Integrating NextGear Capital funding into Carwow Wallet consolidates funding and payment into one workflow, meaning faster collections for sellers, clearer records for finance and a simpler sourcing experience for dealers.”
Zoe Sutton, Head of Partnerships & Banking Systems, NextGear Capital UK & Ireland, added: “In a fast moving, competitive market, the ability to buy decisively when the opportunity arises is vital. Stocking plans enable dealers to do just this, reducing their financial friction and scaling their inventory without tying up capital on their forecourts. We’re excited to be partnering with Carwow to bring these benefits to dealers across the UK, enabling them to buy the cars they need, when they need them.”
Carwow auctions give dealers access to more than 20,000 vehicles per month and have facilitated over 300,000 vehicles on dealer forecourts to date.
Dealers can sign up to Carwow auctions by completing the online registration form here. Eligible dealers can apply for, or link to, an existing NextGear Capital account within Carwow Wallet.
