COVID-19 Hub: Company Updates & Dealer Resources

NextGear Capital is doing all that we can to support our impacted team members, clients and industry partners throughout the COVID-19 pandemic. Please know that the Cox Automotive family of brands is committed to keeping the automotive marketplace up and running. In the interest of staying connected with our partners and clients, NextGear Capital will provide real-time updates via our COVID-19 Hub in addition to our social media channels.

NextGear Capital’s leadership team is monitoring and re-evaluating our course of action on a daily basis. This is a fluid situation and we are ready to pivot when the time calls for it – just as we’re certain your dealerships and auctions are as well. Please know that we will continue supporting our clients, valuing all of our partnerships and doing everything that we can to get this industry back to where it belongs.

Dealers: Should you have questions related to your account or business decisions related to COVID-19, please contact your Portfolio Manager or our Client Experience team at 888.969.3721 or ngc.customerservice@coxautoinc.com.

Auctions: Should you have questions related to how our business decisions tied to the COVID-19 crisis may affect your auction, please contact our Auction Services Department at 888.969.3721 or ngc.auctionservices@coxautoinc.com.

The below summary of information related to NextGear Capital’s COVID-19 response will be updated regularly as the situation evolves.

NextGear Capital Resources

		How Dealers Are Adapting– See what resources other independent dealers are utilizing during COVID-19.
		Dealership Marketing Resources– Learn more about all the resources available to help optimize your marketing strategy during these difficult times.
		COVID-19 Resources– Familiarize yourself with some of the initial COVID-19 resources available from the US government and Cox Automotive.
		How to Safely Sell During COVID-19- Learn what resources are available to dealers to keep conducting business.
		Stay Connected– Find out how by connecting with industry partners across social media you can keep your business in the know.
		Digitally Sourcing– Find out how it’s easier than ever to acquire your inventory from digital sources during a time that calls for social distancing and  staying at home.

Other Resources and Helpful Links

Cox Automotive Resources		Partner Resources		Government Resources
The Way Forward: Strategies to Get to the Other Side		NIADA Covid-19 Resources		Whitehouse: Opening Up America Again
Cox Automotive COVID-19 Business Updates		NAAA Covid-19 Updates		CDC COVID-19 Information
Manheim Covid-19 Updates		NADA Coronavirus Information		CDC Find Health Department by Location
Dale Pollak COVID-19 Perspective and Webinar		AFSA COVID-19 Resources
		NAMAD COVID-19 News and Resources
Employment Resources		CARES Act Resources		News and Information
COVID-19 Information – Department of Labor		SBA Coronavirus Small Business Guidance & Loan Resource		Forbes- Congress passes Paycheck Protection Program Flexibility Act
Coronavirus Paid Leave Programs Employer Guide – Chamber of Commerce		Coronavirus Emergency Loans Small Business Guide – Chamber of Commerce		Trump signs $484 billion coronavirus relief bill to boost small business – CNBC 4/24
USA Unemployment Benefits Finder		Paycheck Protection Program Application Form – U.S. Treasury		Auto Remarketing COVID-19 Coverage
				Automotive News COVID-19 Updates
				Forbes “Getting Cash For Your Small Business Through The CARES Act”

*Content is general information only, not legal advice or legal opinion based on specific facts or circumstances. It is provided solely to help make important information available during this crisis. NextGear Capital makes no representation as to its accuracy or as to its application to you, and no liability is assumed by NextGear Capital by virtue of providing it. For your company’s compliance, please seek legal advice. NextGear Capital expressly disclaims any and all liability that may result from reliance on any documents, website, links or any information or material herein. You should not act upon any such information without first seeking qualified professional advice based on your own circumstances. NextGear Capital is continually updating its Covid-19 Resource Hub page. Please check back often. The NextGear Capital Dealer Relief Program is subject to the sole discretion of NextGear Capital and may be modified or terminated at any time, without notice.