+44 343 50 60 600

How does the product work for auction houses and wholesalers?

  • Dealers become approved buyers with a rolling Stocking Plan limit and buy stock on behalf of NextGear Capital who retain title of the vehicle 
  • Dealers can select vehicles to buy at partner auctions or online just as they do now 
  • Partner auctions or wholesalers invoice NextGear Capital for eligible dealer purchases when dealers elect to acquire vehicles on their NextGear Capital Stocking Plan 
  • NextGear Capital will fund the vehicle hammer price and eligible fees such as delivery and indemnity fees 
  • Make sales easier and faster – you’ll receive payment within three working days 
  • This guaranteed payment from NextGear Capital helps improve cash flow for auction houses or wholesalers and their customers 

A Cox Automotive product brand

Calls to 0343 numbers will cost the same as calls to landline numbers, and will be included as part of any inclusive call minutes or discount schemes for geographic calls

Socials

*100% of hammer price plus auction and delivery fees (auction purchases), or lower of CAP clean/invoice price (trade vehicles) + VAT funded on LCVs and qualifying vehicles up to the value of £75,000.

NextGear Capital UK Limited, registered in England and Wales, company number 08696123, with registered office at Nextgear House Kingsfield Court, Chester Business Park, Chester, United Kingdom, CH4 9RE. VAT No. GB 181422035
 

© NextGear Capital UK Ltd 2025.

Loading...