New partnership simplifies access to thousands of additional trade vehicles

A strategic partnership between two players in the wholesale vehicle sector has been forged to revolutionise the way used car dealers source and finance stock.

Wholesale funder NextGear Capital has teamed up with the online auction platform 1link Trade Buyer, allowing NextGear Capital customers to seamlessly add vehicles purchased on epyx’s 1link Trade Buyer to their stocking plan.

The integration streamlines the vehicle acquisition process, offering dealers instant access to trade vehicles, including thousands of ex-fleet cars and vans available on 1link every week.

Darren Mornin, managing director of NextGear Capital, highlighted the benefits of this partnership, stating: “Acquiring stock can be a complex and time-consuming task, with dealers often relying on multiple sources to fill their forecourts.

“By incorporating 1link Trade Buyer into our network of over 70 trade sources, we’re making it easier for our customers to purchase the vehicles they need, without limitations on sourcing. This partnership represents another valuable option for dealers to streamline their operations and expand their inventory.”

Tim Meadows, CCO of epyx, added: “NextGear Capital is highly respected in the wholesale motor finance and used vehicle sectors, and we’re excited to collaborate on this initiative. Our goal is to continually enhance the services available to 1link Trade Buyer users, and offering access to stocking finance directly through our platform simplifies the purchasing process for our dealer community. A single click now handles all the necessary steps, making vehicle acquisition more straightforward than ever.”

To celebrate the launch, new dealers who sign up for 1link Trade Buyer and hold a NextGear Capital account will receive their first buyer fee for free. Additionally, new NextGear Capital dealers with a 1link Trade Buyer account can finance their first vehicle with zero load fees.