A thriving dealer sector is key to the used vehicle ecosystem
Why Cox Automotive Funding Solutions?
Fuel profitable growth
Funding is an enabler. Giving a dealer the ability to buy more stock fuels growth. It frees up cash to invest in their business in other ways - facilities, marketing or people, for example. Some dealers use it to diversify, some specialise, others expand.
Either way, the effect can be transformational.
Freedom of movement
Our funding proposition is to make life fast, flexible and convenient. Fund 100% of the hammer price or invoice price/CAP Clean (whichever is lower). Pay for stock in an instant at Manheim and Dealer Auction but also at 70+ independent auction and wholesale sources.
Our funding proposition is delivered through NextGear Capital, an independently managed business within the Cox Automotive family. Why? Because we think focus and neutrality are important.
It’s a simple formula our customers tell us they love.