NextGear Capital News
Read our latest news and blogs, plus browse our press releases too. We'll keep you updated on all new developments and interesting articles, so make sure you check back regularly to find out what’s happening!
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News
12/12/2024 The rise of used EV cars: Insights for dealers in 2025
The influx of used EVs brings opportunities and challenges for dealers in 2025. Learn how to manage residual values, educate consumers and stay ahead. Read more
04/11/2024 NextGear Capital Pioneers Japanese Import Vehicle Funding
NextGear Capital has become the first vehicle stock funder to include registered and non-registered Japanese imports in its dealer stocking plans, reflecting a major shift in Ireland’s used car market. With Brexit-related bureaucracy making it more challenging to import used cars from the UK, Japan has emerged as Ireland’s primary source for imported second-hand vehicles. Read more
NextGear Capital and 1link Trade Buyer have formed a strategic partnership to streamline vehicle sourcing and funding for their used car dealers. This collaboration enables NextGear Capital customers to seamlessly add vehicles purchased through 1link Trade Buyer to their Stocking Plan, simplifying the buying process and expanding their access to thousands of trade vehicles. Read more
07/02/2024 Charging ahead…What’s the story with used EVs?
The EV market is fast-moving. It seems every day brings with it another headline about consumer demand, living with them or the volatility of their values. Vicky Gardner, Director of NextGear Development, navigates through the chaos and asks if EVs could soon be a feature of every used car dealer’s forecourt. Read more
12/12/2023 10 minutes with… Jonathan Turner, Account Manager
Former car dealer Jonathan Turner knows a thing or two about business growth. We caught up with Jonathan to learn more about his passion for the trade and his remarkable “fruit and veg theory”. He also explains how stock funding can be crucial to business-building. Read more
31/10/2023 How to buy the right vehicles in a low-supply market
Struggling to find the right vehicles? We share our advice to help you find quality used stock in a low-supply market. Read more
19/09/2023 NextGear Capital simplifies application process for independent dealers
NextGear Capital, the wholesale funding provider, has streamlined its application process to make it easier and faster for smaller independent dealers applying for a £50,000 facility. Read more
08/08/2023 10 minutes with… Pete Molloy, Account Manager
Continuing our series where you get to know the people that drive NextGear Capital behind the scenes, we caught up with Pete Molloy who supports our customers in both Northern Ireland and the Republic of Ireland. Read more
08/08/2023 NextGear Capital refreshes Stocking Plan to benefit customers
NextGear Capital, the wholesale funding provider, has made a number of changes to its Stocking Plan product to further support its customers. Read more
14/07/2023 The one characteristic all NextGear Capital customers possess
First impressions count. So, having the ability to chop and change your stock, increasing the number of vehicles you have on your forecourt, and investing in your people and facilities has never been more important. Read more