Anonymous

Frustrated in Manheim

High rates, insane fees, audit upon audit even for flawless dealers . Couldn’t care less about your satisfaction . We’re looking to switch but the most powerful auction company on the planet owns Nextgear so they make it convenient to use them not the competition . It’s a necessary evil. If you don’t need floor plan forget next gear scale your business down .. you will be better off
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Reason of review:
Pricing issue
3 comments
Guest

NoI'm with you 100%

Guest

My opinion is Nextgear Capital is horrible horrific disgusting egregious dangerous nasty sneaky unlawful dirty misleading abusing threatening deceitful treacherous dishonest sickening volatile outlandish and beyond filthy. They have lawsuits all over the place.

My opinion, they will hurt your business in a heartbeat.

I wouldn’t get involved with Nextgear Capital. Buyer beware.

Guest
reply icon Replying to comment of Guest-1490383

Visit nextgearcapitalfloorplan.com

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Anonymous

Fraud

I have done business with next gear capital for two years . Last year for three months prior to tax season .

I yesterday had 10 cars repoed . We have been in note business over 12 years. We are financially stable. The rep asked for financials , I refused to do it that day and that night they repoed cars.

The account was absolutely current. I dislike lawsuits but they cannot steal . I have one car that I gave 11200 for that I owe only 6000 on . I called there main office and they said the rep should not have repoed your cars and I said can you bring them back and next gear said no.

We are fortunate that we can pay the cars off , but for sure this company is capable of strait theft. It’s embarrassing. I don’t know about other companies, but I do about Next Gear . The truth is there fees are userous.

If your company is strong and you can overcome the fees be prepared to bow down to There field rep and stop everything your doing or they will repo your cars even if you account is in good standing. I’m hopeful to file suit soon

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Reason of review:
Problems with payment
1 comment
Guest

This doesn't surprise me at all. Get a lawyer asap.Visit nextgearcapital.blogspot.com

Anonymous
map-marker Carmel, Indiana

Nextgear Capital floor plan

Nextgear Capital floor plan may not be a good idea. This is based on the way Nextgear Capital handles their customers.

Before we get into that, I would like to point out that all of a sudden four positive customer comments popped up here on pissed consumer about Nextgear Capital. We have our doubts about these new, positive reviews. it seems they were posted to hide bad reviews. I have researched those reviews and they are very suspicious.

If the are legitimate, that is awesome. If you are happy with Nextgear Capital, that is great! If one of you happy customers would post the name of your dealership, that will add validity to your reviews.

As far as Nextgear Capital, my opinion, they are horrible and quite dangerous. Do your research on their litigations, as you should with any lender.

Nextgear Capital has a track record of breaking rules and in my opinion laws as well. I have witnessed their egregious behavior and also a victim. They will take inventory without a default and will torture your business. That's my opinion.

God speed.

Attached is a clip of how Nextgear Capital talks to their customers. If Nextgear wants to deny this, please feel free to do that and we can provide more data.

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Reason of review:
Bad quality
2 comments
Guest

Horrific.

Guest

Visit NextgearCapital.blogspot.com

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ryan h Nzy
map-marker Tempe, Arizona

Great Rep to work with

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We have been working with paul palonso for several years now. He has always been a pleasure to deal with and work with us on everything. Ryan
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Reason of review:
Good customer service
Anonymous
map-marker Carmel, Indiana

Scammers bad people

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If you want to succeed in you business. DO NOT DEAL WITH NEXTGEAR. When you sign up with them day one. You clock starts ticking. And you will lose everything and they will take over.
View full review
Reason of review:
Poor customer service
2 comments
Guest

Nextgear Capital is dirty. Scummy dirty lying ***

Guest

Sounds like you got screwed like many of us. Nextgear Capital in my opinion is a horrible nasty place.

There are so many victims of Nextgear CapitalDealers are much better off using regular banks.

Nextgear Capital will interfere with your Auction access and will try to bury your businessBe careful with Nextgear Capital. Do your homework before getting involved with this organization.Visit nextgearcapitalfloorplan.com

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Bobbi L Gzj
map-marker Carmel, Indiana

Unsatisfied Customer

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The interest rates are ridiculous!! I had vandalism take place and cars were burned to shreds and they still expect me to pay over $1600 in INTEREST...I'm going through one of the toughest times of my life after such a traumatic experience and this is what I get from my finance company...I've made the conscious decision to pay off my loan totally tomorrow and go with another company...I would NOT suggest this company...look around and check rates...possibly check with your bank because the rates this company charges are unreal!! My balance is $10,800 and the interest is over $1650...you do the math!!
View full review
Reason of review:
No concern for my issue/total loss to vehicles

Preferred solution: Let the company propose a solution

7 comments
Guest

Nextgear Capital is unbelievableNextgearCapital.blogspot.com

Guest

Terrible. Place

Guest

Horrible

Guest

After doing some research...it would’ve been cheaper for me to purge cars on a credit card!!!!!!!

Guest

Visit nextgearcapital.blogspot.com

Guest

When did this happen to you?

Guest
reply icon Replying to comment of Guest-1462427

Within the last month!! I paid them and closed the account PERMANENTLY!!

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Emma M Nzn
map-marker Carmel, Indiana

Nextgear Capital

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Nextgear has been good to us so far, It’s been about 7 months and have done a lot of good business. Only down side is there app doesn’t work and sometimes payment system is down which makes it difficult. But overall very happy with it not sure where the bad reviews come from.
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Reason of review:
Good customer service
3 comments
Guest

Watch out for vindictive actions if you dare to complain.IF YOU SIGNED A NOTE FOR THEM, READ THIS. IT MAY SAVE YOUR LIFE.The first thing you should do ask for a copy of UCC Financing Statement they filed against your company, you, your property and your documents.

Read that very carefully, is only 6 rows of small print.Be advised, they are, what Connely Ritchie said: "A DISCRETIONARY COMPANY" claiming they can declare breach for any reason. There is a fine line between canceling service and discrimination.Ritchie was an employee of Wells Fargo Bank.Nextgear also submits that they can put you in default at any time, even if you are current with payments and nothing is due.

They fail to give notice of default, does not give you time to pay the note and they will send repossession agents to tow your cars in or out of the lot. All this is done even if you have no balance due.The reason for this: they will make a lot more money selling your vehicles at Manheim than they will ever make from the note.I will provide more information later, but yes, this is true.

Guest

I don’t work for them.... i’m a independent dealer in riverside.

I haven’t had an issues or far like i said. But i haven’t encountered a mistake or anything, i hope i don’t.

Guest

Great comments you just st wait until you make a mistake or they do but it’s always your fault.They need to employee bright guys that assess the situation and equity and control through communication not bullying comments treating you like a criminals, trust me we are clean people from good stock and I’m very educated from controlling the funding at main dealer before!Shocking you must work for them it’s comical

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Anonymous

Disappointed with customer service

We floored a vehicle at Manheim and received the title before paying it off. Trying to resolve the confusion could not get a hold of the local representative. Never answers the phone doesn't return calls. Looking into another floor plan. Didn't get the help I needed
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Reason of review:
Poor customer service
2 comments
Guest

Horrible company. Disgusting.

Guest

Same issues and worse disrespectful rep. Please we looking another floor plan where we control our business not them..no calls back throw policies that you never knew existed and when you ask to see in paper they delay . A terrible company shirt of being a loan shark it at least loan shark don't get in your business it's all about moneyb

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LION A

MUY BUENA EXPERIENCIA

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NO HE TENIDO MALA EXPERIENCIA CON ELLOS Y LOS REP.SON DE MUY BUENA ATENCION....TODO LO SOLUCIONAN DE MANERA EFICAZ Y MUY RAPIDA....TIENEN UNA RAPIDA APROVACION Y UNA MUY BUENA ESPLICACION SOBRE LOS PRODUCTOS QUE ELLOS OFRECEN....MUY BUEN INTERES CON EL FINANCIAMIENTO Y RAPIDEZ EN TODO....ESTAMOS MUY CONFORME CON ESTA COMPANIA Y SUS EMPLEADOS YA QUE UNO LLAMA Y EL SERVICIO Y LA ATENCION ES MUY BUENA Y RAPIDA............NO HE TENIDO MALA EXPERIENCIA CON ELLOS Y LOS REP.SON DE MUY BUENA ATENCION....TODO LO SOLUCIONAN DE MANERA EFICAZ Y MUY RAPIDA....TIENEN UNA RAPIDA APROVACION Y UNA MUY BUENA ESPLICACION SOBRE LOS PRODUCTOS QUE ELLOS OFRECEN....MUY BUEN INTERES CON EL FINANCIAMIENTO Y RAPIDEZ EN TODO....ESTAMOS MUY CONFORME CON ESTA COMPANIA Y SUS EMPLEADOS YA QUE UNO LLAMA Y EL SERVICIO Y LA ATENCION ES MUY BUENA Y RAPIDA
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Reason of review:
Good customer service
1 comment
Guest

mi opinión es que esta crítica anterior es falsa, por lo que Nextgear Capital puede ocultar sus malas críticas. visite nextgearcapital.blogspot.com

Anonymous
map-marker Carmel, Indiana

Nextgear capital screwed us too

Reading these reviews, I can totally agree with what most of you are saying.

my experiences with Nextgear were absolutely horrible. The sales representative we had was a scammer and was very shady.

It is my understanding that our Nextgear Capital rep was actually fired for his shady behavior.

Nextgear Capital uses legal tactics to get the upper hand on you, hoping you will give, fall apart and give up. This is their game and they do it well.

I think nextgear capital is a despicable, horrible and devious company. My opinion would be to stay away from this lender. They hold titles, hold your money and actually act in an unlawful manner. I agree with the other authors on this site, be careful with nextgear capital

View full review
Cons:
  • Fraud like behavior
  • Fraudulent business practices
Reason of review:
Poor customer service
8 comments
Guest

Nextgear Capital violates laws in some states. Be careful with Nextgear.Nextgearcapital.blogspot.com

Guest

Liars. Nextgear Capital liars.

Guest

Total ***

Guest

In addition, John Gotti, Jr offers BETTER rates!!

Guest

.....but you never wrote a word about what happened to incur your wrath...

Guest
reply icon Replying to comment of Guest-1462387

Much of the same ....Taking units without a default, maliciously interfering with business because we stood up to them and fought back, as one should when they are above board. If you fight back, Nextgear Capital is shocked.

They start trouble and expect you to run away and give in to their bully tactics. I can't believe the text messages and emails previous customers are providing in regards to their conduct.

All these people can't be wrong. Some of them have to be right.

Guest
reply icon Replying to comment of Guest-1462387

Theft. Plain and simple. Theft

Guest
reply icon Replying to comment of Guest-1462387

How is this a wrath?And what happened you ask?Theft, lies and unlawful actions.

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Anonymous

Good company and open the door to a new dealers

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Is a good company and give me the opportunity my dealer is new and help me a lot
View full review
5 comments
Guest

Nextgear Capital *** dirty nasty garbage.

Guest

Visit nextgearcapitalfloorplan.com

Guest

Visit Nextgearcapital.blogspot.comI think Nextgear Capital is disgusting.

Guest

This review seems to fake. If it is not fake , that's awesome. Please provide the name of your dealership.

Guest

Interesting review. I happen to think Nextgear Capital is horrible.

Seems many others think Nextgear Capital is horrible as well. What is the name of your dealership?

Adding it adds credibility to your review.Our experience is Nextgear Capital lies, takes unlawful actions and maliciously interferes with business. Visit nextgearcapital.blogspot.com

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Michael A Vnm

Great Folks to deal with always ready to please you,and make you the best deal possible each and every time

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These guys are the greatest from start to finish, they keep their dealers interest in first place! I signed on with Next Gear in August 2017.

I have had as low as $0 owed up to $39,800.Today I will recommend Next Gear to any small or large dealer needing a great floor plan to help increase you sales! Any issues that I have experienced were loan value and we were able to agree and make the floor plan loans fit my financial needs. No problems that have not been handled with upmost care!

Thank you Next Gear for being there for me, a small town low key used car dealer. Bee Back Motors Rossville GA Peace and Grace to all; Mike and Diane Howard Owners

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Pros:
  • All services were top
  • Promises made in order to sign with nextgear
  • Every deal was great and i am totally satisfied
Reason of review:
Good customer service
1 comment
Guest

what is the name of your dealership?

Mouhamed D

Great customer service

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I had an issue in the past with the Manheim Auction during in error with on line system and by mistake we end it bought the wrong car and NextGear helped me and waived all the fees.
View full review
Reason of review:
Good customer service
2 comments
Guest

I think Nextgear Capital is nasty.Visit nextgearcapitalfloorplan.com

Guest

what is the name of your dealership? why would you write this kind of a post on a site called pissed consumer?This post seems a little suspicious.

if you had such a great experience with nextgear capital you should identify the name of your establishment. Please let us know who you are.

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Eddie E Nnx

Great

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Great company will work with you on every problem great rap.
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Reason of review:
Good customer service
Anonymous
map-marker Carmel, Indiana

Nextgear Capital problems

Nextgear Capital is a dangerous place, in my opinion for lending.

Nextgear Capital is a dangerous place to do business with if you are in need of lending for a floor plan. Nextgear Capital has had employees that witness and notarize documents on your behalf when you are not even in their presence. They also have been accused of forging documents as the have presented documents in legal situations that have signatures that DO NOT match original signatures. This is not a Nextgear Capital site or affiliate.

I am surprised that companies like 1800carcash, car cash in East Brunswick New Jersey deals with Nextgear Capital.

As with any lender or floor plan, be very careful.

We had many terrible issues with Nextgear Capital

We had issues with.......

Shannon Landreth

Rick Wright

Don Stanley Little

and more

For some details

Please visit nextgearcapital.blogspot.com

View full review
Cons:
  • Fraudulent behavior
  • Fraudulent business practices
  • Lies from sales reps
Reason of review:
Not as described/ advertised
3 comments
Guest

Nextgear Capital screwed me

Guest

Nextgear Capital acts like they are in control of the law.The things I read and hear about their behavior is incredible.

Guest

Loan sharks

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