Fleet News

NextGear Capital supports Fleet Auction Group's 13th anniversary auctions

NextGear Capital is supporting Fleet Auction Group's 13th anniversary auctions at a two-day trade-only event.

The event at FLAG’s Coalville centre in Leicestershire will see 700 vehicles go on sale from vendors such as Motability, LeasePlan, Fleet Hire, GKL Leasing and Afford Rent a Car.

Since launching the NextGear Capital stock funding service in July 2014, Fleet Auction Group has seen strong demand for the service from its buyers.

A special stock funding offer has been seen as a great addition to their anniversary sales, said Andrew Walker, managing director of FLAG.

“Straight from launch we saw the popularity of the NextGear Capital proposition," he added.

"As we looked to give our buyers something extra to help them join our anniversary celebration, a stock funding offer was a natural step.”

At the event, buyers using their NextGear Capital stocking plan will benefit from a buy-one-get-one-free loading fee offer.

For every two vehicles funded on a buyer's NextGear Capital stocking plan at the event, buyers will pay only for the first vehicle loaded, the second loading will be free. Buyers will save £65 for every two vehicles bought and funded.

“We are delighted to support FLAG’s anniversary with an imaginative dealer-centric offer that will enable dealers to stock more and thereby sell more, with a saving on their stocking costs as well,” said David Mercer, managing director at NextGear Capital.

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