Carwow has partnered with NextGear Capital to embed vehicle stock funding directly into its stock sourcing platform, allowing dealers to finance purchases more quickly through its daily online auctions.
The new integration places NextGear Capital’s funding options within the Carwow Wallet digital payment solution, enabling retailers to apply for a funding account and immediately use their stocking plan to pay for auction purchases.
Carwow said the move is designed to accelerate stock turn, ease cashflow pressures and reduce the administrative burden for dealers sourcing vehicles through its marketplace.
In 2025, Carwow Wallet supported the sale of almost 12,000 vehicles with a combined value of more than £185m through the platform’s daily auctions.
Faster stock sourcing for dealers
With NextGear Capital funding embedded into Carwow Wallet, retailers can secure finance and complete payment within the same workflow, removing the need to arrange stock funding separately after winning an auction.
The platform said this will allow dealers to commit to new vehicles more quickly without waiting for existing stock to sell, helping them maintain forecourt availability and improve the customer experience.
Commenting on the new integrated stock funding within Carwow Wallet, Ben Bradley from Bradleys Cars in Sheffield said: “NextGear Capital’s stock funding within Carwow Wallet is seamless; in just a couple of clicks, an auction win is paid for. It has been a fantastic addition to the platform and has significantly improved our cash flow management.”
NextGear Capital has to date funded more than 900,000 vehicles worth a combined value of £8.1bn. Since its launch, Carwow Wallet has supported the sale of almost 12,000 cars with a combined value of more than £185m through daily auctions. In the first two months of 2026 alone, the payment platform processed more than £58m worth of vehicles.
Integrated funding and payment
Matt Cockerill, VP of performance and trading at Carwow, commented: “Dealers want less friction and more certainty at the point of purchase. This latest enhancement to Carwow Wallet is part of our continued investment in creating an end-to-end stock sourcing platform that simplifies life for our dealer partners.
“Integrating NextGear Capital funding into Carwow Wallet consolidates funding and payment into one workflow, meaning faster collections for sellers, clearer records for finance and a simpler sourcing experience for dealers.”
Zoe Sutton, head of partnerships and banking systems, NextGear Capital UK & Ireland, added: “In a fast moving, competitive market, the ability to buy decisively when the opportunity arises is vital. Stocking plans enable dealers to do just this, reducing their financial friction and scaling their inventory without tying up capital on their forecourts.
“We’re excited to be partnering with Carwow to bring these benefits to dealers across the UK, enabling them to buy the cars they need, when they need them.”
Carwow auctions currently give retailers access to more than 20,000 vehicles per month and have helped place more than 300,000 vehicles on dealer forecourts to date.
Dealers can register for Carwow auctions online and eligible retailers can apply for, or connect, an existing NextGear Capital account within Carwow Wallet.