Ready Logistics and NextGear Capital have added a new feature to their Transportation Financing program that makes it simpler for their auction clients to add transportation costs to their floor plans, the company announced.
Through this integration, Ready Logistics clients are able to more efficiently ship vehicles purchased throughout the Manheim Marketplace; receive a guaranteed price and delivery estimate; and then roll that cost directly into their NextGear Capital floor plan.
“This enhancement empowers independent dealers to do everything online, simplifying their ordering process and accounting practices,” said Jim Williams, senior vice president of Logistics for Cox Automotive Inventory Solutions.
The launch of this transportation financing feature is part of Manheim’s recently completed, multiyear, $400 million auction transformation project. Since its inception, the initiative has introduced new and upgraded auction and mobile technology that have enabled wholesale vehicle buyers and seller to become more efficient in the auction lane.