2015-04-30 NextGear Capital Integrates Kelley Blue Book Values with myNextGear |
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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." |
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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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11799
North College Avenue, Carmel, IN 46032
| 888.969.3721 | nextgearcapital.com ©
2015 NextGear Capital, Inc. All Rights Reserved. |
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