Where to buy?
25 June 2014
NextGear Capital launched in May 2014 and since then we’ve seen a wide range of dealers across the UK take advantage of the opportunity, with the daily number of applications exceeding our expectations.
Once a Stocking Plan has been approved, one of the first questions dealers ask is where can they use it to buy vehicles. The NextGear Capital Stocking Plan can be used to buy either Auction Source or Trade Source vehicles.
Auction Source includes vehicles are those dealers elect to buy through our Partner Auctions, either in lane or online. You can see a list of Partner Auctions below, along with forthcoming launch dates.
Trade Source allows dealers to load purchases from other sources, including part exchange, trade vehicles they’ve bought themselves, fleet or lease companies, existing stock and auctions (including online) where the auction house is not yet a NextGear Capital Partner Auction.
If you have any questions about where to use your NextGear Stocking Plan, please speak to your Account Manager or call Customer Service on 0818 000 092.
Trusted by 1,700+ dealers
NextGear Capital Stocking Plans are tailored to the specific needs of used vehicle dealers. As a customer, you’ll work with an experienced team who understand your business and determine a facility that’s appropriate.
Why not book an appointment with your local Account Manager and find out how we can help you grow your business and maximise profits or learn more information about the benefits of wholesale stock funding
