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NextGear Capital funds 150,000th vehicle in three years

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Wholesale stock funding provider NextGear Capital has celebrated its third birthday by funding its 150,000th vehicle.

More than 1,200 dealers now use a NextGear Capital Stocking Plan to fund vehicles purchased from more than 60 auction and wholesale sources in the UK and Ireland, providing access to their combined stock of more than 800,000 vehicles every year.

The Chester-based business, which has been operating in the UK since 2014 and in Ireland since 2015, is a subsidiary of NextGear Capital Inc. and part of Cox Automotive, one of the world’s largest automotive services companies.

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