Case Study: CIA Autoplex grows inventory and expands with NextGear Capital

Independent Dealer Chooses the Right Floor Plan Partner to Grow & Prosper

CIA Autoplex, an independent auto dealership, needed a floor plan provider that could scale with its growing business after other providers were unwilling to increase their financial investment. The dealership partnered with Cox Automotive's NextGear Capital for a floor plan solution to fund its vehicle inventory.

The solution from NextGear Capital provided the capital and a personal relationship with a dedicated account executive, enabling CIA Autoplex to grow its inventory from 10-15 vehicles to 150-180. This partnership, along with easy-to-use online account management tools, allowed the dealership to increase its sales volume to $1.5-2 million per month and develop plans for a new location.

NextGear Capital

Cliff Awabdy

President/Owner