NextGear Capital Introduces 2023-2025 Dealer Advisory Board

NextGear Capital Introduces 2023-2025 Dealer Advisory Board

DRIVE has proven to be a valuable resource to better understand the needs of independent dealers.

Building on the success of its inaugural DRIVE Dealer Advisory Board, launched in 2021, NextGear Capital has tapped a new board for 2023-2025 to gain even greater understanding of what independent dealers require to be successful in an evolving marketplace. The new board held its first meeting with NextGear Capital President Scott Maybee and members of his leadership team in October and will continue meeting bimonthly in a virtual setting.        

DRIVE provides a platform for open and direct dialogue between NextGear Capital and a representative group of independent dealers. “The first-hand perspectives we’ve gained from our Advisory Board have been incredibly valuable to helping us focus on solutions that deliver the highest value to our 20,000-plus dealer clients every single day,” said Maybee. Among the solutions that DRIVE has contributed to are the development and launch of the Account Portal mobile app that gives independent dealers the ability to make faster, more informed buying and selling decisions, and suggested improvements to client communications.

To ensure varied viewpoints and wide-ranging feedback, DRIVE is composed of a diverse group of dealer clients based on the following criteria: varying lines of credit; minority and female-owned dealership representation; those who use technology in different ways; buyers from different wholesale vehicle auctions; and both long-term and new NextGear Capital clients. The new 10-person Advisory Board also represents a cross-section of NextGear Capital’s national footprint from Florida to Oregon. 

The new Advisory Board members are: 

  • Maurice Rached, AutoBay in Burlington, New Jersey
  • Mark Becker, Forthright Auto in Albuquerque, New Mexico
  • Tripp Blandford, Pure 1 Auto in New Bern, North Carolina
  • Rob Boley, 24/7 Cars in Larwill, Indiana
  • Carlos Capitillo, CarsCatch in Woodstock, Georgia
  • Mike Hall, Premier Trucks and Imports in King, North Carolina
  • Daniel Johnson, LiteHouse Auto Inc. in Lakewood, New York
  • Ray Lashgari, Crown Motors PDX in Gladstone, Oregon
  • Gary Pretzfeld, Auto Trust USA in Miramar, Florida
  • Tawanda Roberts, B & J Auto Sales LLC in Olive Branch, Mississippi

Feedback from past and present advisory board members articulates the value of DRIVE. “It shows that NextGear Capital is a real partner that listens to the needs of its clients and creates real world solutions.” “I think this board is an invaluable tool for NextGear Capital to get firsthand input from dealers to help shape and develop products that are relevant to current market conditions.”  

DRIVE also reflects NextGear Capital’s history of believing in the power of collaboration that includes the Auction Advisory Board created to deepen the company’s commitment to auto auctions that support independent dealers. “We look forward to continuing this purpose and listening to the dealers’ voice,” Maybee added.

You May Also Like

U.S. News & World Report Announces 2024 Best Vehicle Brand and Best CPO Program Awards

After evaluating 38 brands, U.S. News’ Best Vehicle Brands recognizes industry-wide excellence across four key segments of the automotive market: cars, SUVs, trucks and luxury vehicles.

U.S. News & World Report recently announced its 2024 Best Vehicle Brand and Best Certified Pre-Owned Program awards.

After evaluating 38 brands, U.S. News’ Best Vehicle Brands recognizes industry-wide excellence across four key segments of the automotive market: cars, SUVs, trucks and luxury vehicles. Drawing from distinct criteria, the U.S. News Best CPO Program recognizes the CPO program that offers consumers the most benefits.

Traver Connect Launches Concierge Service

White glove service includes pick-up and delivery and mobile service, among other high-end benefits, to increase appointments set and CSI scores.

DealerOn Acquires fusionZONE Automotive

The company said this acquisition accelerates its growth and supplements its robust platform and technology services, with fusionZONE’s offerings.

ADD Group to Exhibit at Automechanika Shanghai 2023

The group will be exhibiting shocks, struts and complete strut assemblies, air shocks, strut mounts, motor mounts and engine sealing parts.

KPA, Reynolds and Reynolds Partner to Expand F&I Compliance Services

With this partnership, dealers will have access to a comprehensive suite of F&I services, software, and resources that will lower risk, save money, and better streamline dealership sales processes.

Other Posts

Privacy4Cars’ Vehicle Privacy Report 2.0: More Features, Expansion into Europe

The new report doubles geographical coverage and deepens vehicles’ data practices analysis of manufacturers by adding privacy implications of infotainment apps and more. Rebrands as ICOM AI

This brand transformation arises from the company’s vision to expand its enterprise offerings and align more closely with the diverse and growing needs of automotive businesses.

CarSaver’s Lindsay Russi Honored as ‘Rising Star’

In a competitive field of 10 finalists, Russi emerged as a standout, showcasing her exceptional leadership and remarkable contributions to the credit union industry.

Increasing New-Vehicle Inventory, Moderating Prices Boost Sales Satisfaction, J.D. Power Finds

More than one-third (34%) of EV buyers say dealers are not doing enough to make them feel comfortable with EV maintenance requirements and 11% are not comfortable with the EV charging process and options.