NextGear Capital News

Find out all of our latest news and industry insights with our regular press releases and blog features. We aim to keep you updated on any new developments and feedback from our customers, so make sure you visit regularly to find out what’s happening.

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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

13/04/2017    NextGear Capital kick-starts fundraising efforts with Easter Café

Hot off the heels of their charity selection, NextGear Capital hosted an Easter Café which attracted local businesses in search of breakfast and afternoon treats. Read more

21/03/2017    NextGear Capital exceeds £1 billion in wholesale vehicle funding

In excess of 142,000 vehicles across the UK and Ireland have been funded by NextGear Capital since its launch in 2014, with the total value of vehicles exceeding £1 billion. Read more

27/02/2017    NextGear Capital set to fund 100,000 vehicles in 2017

NextGear Capital UK had a record start to the year, funding over 8,000 wholesale vehicles for its dealer customers in January, with an expectation of funding a total of more than 100,000 vehicles in 2017. Read more

31/01/2017    NextGear Capital helps dealers stock up during plate change

With the arrival of new 171-reg vehicles, dealer stocking specialists NextGear Capital are poised to support dealers stock up on trade-ins being re-marketed through its wholesale partner sources. Read more

17/10/2016    National Customer Service Week 2016

Our customers are always front of mind, and National Customer Service Week, which took place at the start of October, gave us an extra opportunity to showcase our focus. Read more

30/09/2016    NextGear Capital UK passes 1,000 dealer milestone

NextGear Capital UK, a Cox Automotive brand, has smashed through the 1,000-dealer milestone for its stock funding solution, representing rapid growth since the business was established in the UK in 2014. Read more