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2015-04-30 NextGear Capital Integrates Kelley Blue Book Values with myNextGear





 

 

 

 

 

 

CARMEL, Ind. - NextGear Capital, Inc., the largest inventory finance company in North America, recently announced that it has added Kelley Blue Book® Values to its myNextGear web and mobile applications. As a result of this integration between the two Cox Automotive business units, NextGear Capital customers can now receive current market-reflective values at no additional cost for new and used vehicles

"By continually adapting the way we put information in front of our customers, we can offer them greater flexibility in how they do business," said Bryan C. Everly, chief technology officer with NextGear Capital. "We are constantly challenging ourselves to make our product better, and that includes providing cross-platform functionality with other Cox Automotive solutions."

The addition of Kelley Blue Book Values comes less than a year after NextGear Capital added MMR values to myNextGear. Through these evaluation tools, dealers now have access to entry-level data to help them make informed purchasing and selling decisions from either the comfort of their office or on the go. 

"Trusted by consumers and the industry, it was a natural choice to provide Kelley Blue Book Values to NextGear Capital customers," said Dan Ingle, vice president of vehicle values and industry solutions for Kelley Blue Book. "Kelley Blue Book's information will not only help mitigate risk, but this aligns with the overall company strategy to provide relevant market-reflective values at the point they are needed in the transaction process."

About NextGear Capital
NextGear Capital is the largest independent inventory finance company in North America, providing flexible lines of credit for dealers to purchase new and used inventory at over 1,000 auto and specialty auctions and other inventory sources throughout the U.S., Canada and the U.K. The company's products and services allow dealers to floor plan nearly any type of remarketed unit in automotive retail, wholesale, salvage or specialty, including recreational vehicles and trailers, marine, powersports, used heavy trucks, auto salvage and auto daily rentals. With a customer base of more than 18,000 dealers, NextGear Capital also provides a robust array of services and support that allow dealers to acquire and sell more inventory, including state-of-the-art online and mobile account management tools, title services, records management and collateral protection. The company is headquartered in Carmel, Indiana and is part of the Cox Automotive group of companies, which includes Autotrader.com, Kelley Blue Book, Manheim and vAuto. Visit nextgearcapital.com to learn more. 

About Kelley Blue Book ( www.kbb.com) 
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides the most market-reflective values in the industry on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Fair Purchase Price, which reports what others are paying for new and used cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book's KBB.com ranked highest in its category for brand equity by the 2014 Harris Poll EquiTrend® study and has been named Online Auto Shopping Brand of the Year for three consecutive years.  Kelley Blue Book Co., Inc. is a Cox Automotive company.

Media Contact:
Andrea Gilman, Communications Manager, NextGear Capital

317.708.0257 or andrea.gilman@nextgearcapital.com

Brenna Robinson, Sr. Public Relations Manager, Kelley Blue Book
949.267.4781 or brenna.robinson@kbb.com

 

 

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