Dealership success starts with an effective inventory acquisition strategy. Flooring purchases from a variety of inventory sources provides greater opportunities to diversify your inventory selection and find the right cars at the right price.
Here are just some of the places you can source inventory and finance with your NextGear Capital floor plan.
Auction Inventory
NextGear Capital is proud to work with over 1,000 auctions in the US, many with seamless checkout integrations that make financing as easy as a click of a button including Manheim, OVE, and Upside Direct.
Use our Auction Finder tool to locate the auctions in your region to keep you one step ahead of your competition.
Specific Source Inventory
To find the best deals, you may need to search in your own backyard, but don’t let lack of cash make you miss out on a good opportunity. NextGear Capital lets you floor almost any car, no matter how or where you acquire it.
NextGear Capital makes flooring non-auction purchases simple*
- Priority servicing when flooring through Account Portal
- Access to a free pre-paid FedEx waybill means no additional costs for title shipping!
- Limited restrictions when it comes to make and model of the unit being floored
Learn more about how easy it is to fund purchases from Jordan Cox and Ashley Stockmann
Here are just a few places dealers find inventory outside the auction lane.
TRADE-INS
When customers are looking to trade in their vehicle for a new one, dealers can use the negotiation process to help secure a good price on the vehicle they’re trading in. Flooring a trade-in saves you not only time but money by letting NextGear Capital help you handle the consumer loan.
OWNED INVENTORY
This quick infusion of cash comes with the bonus of not having to track down titles or worry about arbitration as you already have all the paperwork for the vehicles at your lot!
DEALER TO DEALER
Eyeing inventory another dealer is struggling to sell? Or come across a vehicle a dealer is trying to offload? Put it on your floor plan! Whatever the situation is, your floor plan can provide you with the funding and flexibility you need to restock your inventory no matter where you find it.
OFFSTREET INVENTORY
Find cars directly from consumers in peer exchanges. This can be particularly favorable for vehicles needing reconditioning that are not a good fit for a consumer purchase in their current condition.
- MARKETPLACE™
- Social media sites like Facebook Marketplace™ are a convenient way for users to post their vehicles for sale and they’re also a good place for dealers to find reasonably priced inventory.
- CRAIGSLIST™
- Classified ads posted on Craigslist™ have long offered simple used-car advertisements. Designed to make the selling and buying process as easy as possible. The sheer volume of inventory available on Craigslist™ makes it one of the best solutions when sourcing non-auction purchases.
- AUTOTRADER™
- When it comes to reaching a large audience quickly, sites like AutoTrader™ are a good place for dealers to turn to when they need to find the inventory their customers are looking for quickly.
*Certain conditions apply. All rights reserved. Dealers should refer to the terms and conditions of their Demand Promissory Note and Loan and Security Agreement (“Note”), the applicable Advance Schedule and any other written agreements with NextGear Capital, for complete details, terms and conditions. NextGear Capital reserves the right to modify or terminate this offering at any time. For certain source options referenced, you must be set up for non-purchase money financing to be eligible. This offer has no cash value. All Advances made in California by NextGear Capital are made pursuant to NextGear Capital’s California Finance Lender License, #603G505.