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

18/12/2018    The changing face of car auctions – what to expect in 2019

G3 Remarketing’s Sales and Marketing Director, Roger Evans joins us on the blog to discover how the auction industry has involved and what you can expect to see in 2019. Read more

05/12/2018    Understanding and tracking the cost of stock acquisition

We examine the key factors that apply to stock acquisition and explore how these factors can be mitigated or reduced to improve dealership margins. Read more

26/11/2018    Dealers turn to wholesale finance to keep cash king

Our latest sentiment survey, via Cox Automotive, reveals that wholesale finance is a beneficial source of funding for dealers, as cash flow remains their priority. Read more

12/11/2018    The pros and cons of different dealer funding models

It used to be the case that cash was king when it came to car dealers purchasing new stock. However, dealers are increasingly weighing up a range of options when deciding how to fund the vehicles on their forecourt. Read more

05/11/2018    Market dynamics drive dealer demand for stock funding

Buyers are wanting the ability to flex their purchasing options in order to meet the demands of the used vehicle market. Read more

29/10/2018    NextGear Capital hits £2bn vehicle funding mark

NextGear Capital has hit the £2 billion mark for vehicle funding just four years after the company first launched in the UK. Read more

21/09/2018    NextGear Capital appoints Amrit Singh as Finance Director

Finance Director Amrit will be responsible for overseeing the growth strategy of NextGear Capital to continue to offer a first-class funding programme to used car dealers. Read more

10/11/2017    Used car prices rose as sold volumes dropped

“The September plate change and the inevitable influx of part-exchange and fleet returns will bring will increase volume into the market but could also once again put some light pressure on values over the next six to eight weeks” Read more

10/11/2017    Motors.co.uk combines with Dealer-Auction.com to help lead generation

A couple of years ago, we teamed up with Dealer-Auction.com, the UK’s largest auction site offering stock exclusively from franchised main dealers and dealer groups. The partnership allows dealers to quickly secure funding for their newly-purchased vehicles, meaning they can get the stock they need, when they want it. Read more

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