NextGear Capital News
You can find out all the latest news from NextGear Capital UK Ltd and read our press releases here. We aim to keep you updated on new developments and feedback from our customers, so make sure you visit regularly to find out what’s happening.
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02/08/2017 Used values increase by 4.2% in June
We recently reported on Cap HPI research which painted a positive picture of the used car market in terms of sales, before going on to predict that 2017 will be a bumper year for the industry and now the National Association of Motor Auctions (NAMA) – has supported Cap HPI’s predictions. Read more
24/07/2017 Used car market heading for a bumper year
The news just gets better and better for used car dealerships in the UK, with recent research suggesting that 2017 will be a bumper year for the industry. Read more
When it comes to marketing your dealership, you want to make sure the channels you invest your time and money in are worthwhile and deliver a substantial return on investment (ROI). Though, with a plethora of platforms available, which ones should you be focussing on? Read more
The other day, we came across an interesting guest blog post on Motor Trader written by Matt Dale, director of auction house G3 Remarketing, one of our partners. Dale shares some useful tips to help used car dealers protect their bottom line. Read more
Auction4Cars, which offers Motorpoint’s part-exchange vehicles to the trade, saw more than £600,000-worth of stock purchased in one month from dealers using their NextGear Capital Stocking Plans, having only become an approved source for the wholesale finance provider in April. Read more
07/06/2017 Five steps to social media success
For car dealerships – and indeed, businesses in all industries – social media is no longer considered a nice-to-have; it’s now an essential part of the marketing mix. Read more
26/05/2017 Record Q1 for used car market!
It was a bumper start to 2017 for the used car industry, with data published earlier this month by the Society of Motor Manufacturers (SMMT) revealing a record number of vehicle sales during the first quarter. Read more
12/05/2017 Should you stock more diesel or petrol cars?
What about diesel and petrol cars? In which direction is consumer demand heading? A recent whitepaper from cap hpi, titled ‘Petrol versus Diesel,’ shares some valuable insight. Read more
12/05/2017 How we buy vehicles is changing
Being able to source a quality consumer finance provider is extremely important; particularly now, with a recent study revealing an increase in the number of consumers opting to finance their cars rather than buying them outright. Read more
28/04/2017 Is your dealership geared up for GDPR?
There is still a year to go, but it’s never too early to start preparing your dealership for the forthcoming General Data Protection Regulations (GDPR), which will replace the Data Protection Act 1998. Read more