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    Dealer Stocking. Simplified.
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    Dealer Stocking. Simplified.
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    Franchise Dealer?
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Contract signing. Simplified.

Faster, simpler and easier documentation with NextGear Capital

Welcome to NextGear Capital UK Ltd

A NextGear Capital Stocking Plan provides a cost effective and simple way for independent and franchised dealers to buy and manage their stock.

Our Stocking Plans can be used at any of our partner auction houses, approved sources and wholesalers, for trade deals and part exchange, giving some exciting options that could help diversify your stock and make a real difference to your business. Ultimately our goal is to help you stock more and sell more vehicles; increasing your profitability. Facilities are available in Euros, with a dual currency option also available. 

 

Free up cash flow

A NextGear Capital Stocking Plan could release funds currently tied up in your business.



Drive your
sales

Develop your business and improve profitability by increasing your buying power with a NextGear Capital Stocking Plan.



Simple auction process

Vehicles bought at Wilsons Auctions and Merlin Car Auctions can be added straight to your Stocking Plan. You could drive vehicles away the same day



Learn more about how you could benefit
Make More Profit with NextGear Capital
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NextGear Capital Stocking Plan system
24/7 Access to your Stocking Plan

You can access your Stocking Plan online at any time that suits you. Our technology allows you to view your available balance, the vehicles you have on the plan and your calendar of payments. Our Stocking Plans are designed to be simple and transparent so that you always have visibility over your funds.  

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It's this easy!

Becoming a NextGear Capital dealer could take your business to the next level whether you sell cars or vans, hold a franchise or are an independent dealer! We’ll guide you through the application process and once your Stocking Plan is approved you can start buying vehicles through our partner auctions, or load trade purchases and part exchange vehicles yourself.



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NextGear Capital dealer card
Chris O'Sullivan Owner, Cars Direct UK

Chris O'Sullivan has worked in the UK motor trade for many years and set up Cars Direct in January 2013 with around 25 vehicles for sale, plus a few more in preparation at any time. It's a fast turnover business due to Chris's ability to pick up the right cars, with the right mileage and sell them for the right price, but it's hard work to keep the stock cycle flowing.

"I first heard about NextGear Capital UK Ltd when I received a mailing from Manheim, telling me about the launch in Colchester where I normally buy from. I phoned up then applied online, and the Stocking Plan was set up within a week.

I've found using the Plan is much quicker than paying with cash or card, and I've used it to buy online too, which is just as easy.

Since I started using it in May 2014, I've found the Stocking Plan has helped to increase my stock volume, improve the age and quality of the vehicles and therefore the profit per vehicle.

Before working with NextGear Capital I noticed that if I had a busy week with plenty of sales, it was inevitably followed by a slightly quieter week while we waited for payments to clear. Now, being able to use the Stocking Plan means cash isn't tied up in the business, so I can continue buying stock and bridge that gap, evening up my business levels.

It's also interesting to note that the stock audits have actually helped us to become more organised and improved our internal processes.

I'm really pleased with how well the NextGear Stocking Plan suits my business and have already increased my limit - which again was quick and simple to do. I'm looking forward to working with the team going forward as we look to expand and take on a new site in a busy location."

Gary Holt worked in the UK 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 UK Ltd from a friend and then spotted some advertising at Manheim Leeds where I met up with local Account Executive.

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 my Account Executive 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.”

Gary Holt Director, S6 Motors, UK
I've found the Stocking Plan has helped to increase my stock volume, improve the age and quality of the vehicles and therefore the profit per vehicle.
Chris O'Sullivan Owner, Cars Direct UK
It’s important that the Stocking Plan isn’t linked to my retail finance. It gives greater flexibility and means I can find the best deal for each customer, without worrying about how it affects my stock funding.
Gary Holt Director, S6 Motors, UK

A smoother ride for you…

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