Dealer feedback from S6 Motors... - NextGear Capital UK
Gary Holt worked in the franchised motor business for a number of years before setting up S6 Motors in 2006. Starting as a small independent dealer, the business has grown steadily and now has more than 35 vehicles in stock.
“I first heard about NextGear Capital from a friend and then spotted some advertising at Manheim Leeds where I met up with local Account Executive, Ian Froggett.
I had used stock funding before and said that initially the NextGear Capital product seemed too good to be true! I was a bit wary of hidden costs and worried that it could be expensive. But speaking to Ian confirmed that the fees are exactly as advertised and simple to understand.
Using the NextGear Capital Stocking Plan has allowed me to buy the cheaper cars with higher mileage that I know will sell – vehicles that my previous provider wouldn’t consider funding. In turn, that’s increased the profit in my business.
It’s also important to me that the Stocking Plan isn’t linked to my retail finance. That gives me greater flexibility and means that I can find the best retail deal for each customer, without worrying about how it affects my stock funding.
The product is great when it’s used properly and works really well when you can turn vehicles around quickly – I’d encourage any dealers to have a chat with NextGear Capital to find out more about how it could help your business.”