In today’s fast-paced automotive industry, efficiency is key, particularly when sourcing and financing stock. Recognising this need, 1link Trade Buyer and NextGear Capital, have joined forces to offer used car dealers a solution that simplifies the vehicle acquisition process. This new partnership provides dealers with instant access to thousands of trade vehicles, and the ability to fund them all from the convenience of a single platform.
Through this collaboration, dealers using NextGear Capital’s flexible wholesale funding can now effortlessly add vehicles purchased via 1link Trade Buyer to their Stocking Plan. This integration not only streamlines the purchasing process but also opens up a vast new resource for acquiring quality vehicles for NextGear Users.
Darren Mornin, Managing Director of NextGear Capital, highlights the benefits:
“Stock acquisition can be time-consuming and challenging with most dealers now turning to multiple sources to fill their forecourts. We want to help ease this burden, and adding 1link Trade Buyer to our network of over 70 trade sources is a good example of how we’re doing this. Our customers tell us they want to use their Stocking Plans to buy the vehicles they need without restrictions on where they can buy from. With thousands of ex-fleet cars and vans flowing through 1link every week, this is now another compelling source they can enjoy.”
The 1link Trade Buyer platform, already a trusted tool for over 3,500 franchise and independent vehicle retailers, has been enhanced to include this seamless integration with NextGear Capital. Tim Meadows, Chief Commercial Officer of epyx, the company behind 1link Trade Buyer, shares his enthusiasm for the partnership:
“NextGear Capital has a great reputation across the wholesale motor finance and used vehicle sectors, and we are very pleased to be working with them on this project. We’re always looking to add new facilities for users of 1link Trade Buyer. Being able to access stocking finance in this manner makes buying vehicles from the platform as easy as possible for our dealer community. Literally, all they have to do is click on a button, and everything else is taken care of.”
This user-friendly approach underscores the commitment of both companies to make the buying process as effortless as possible. By eliminating the usual friction points in vehicle acquisition, dealers can focus on what they do best – selling cars.
