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Manheim CV to Cover Dealers Initial NextGear Capital Vehicle Fee! - NextGear Capital UK

Manheim CV to Cover Dealers Initial NextGear Capital Vehicle Fee!

6th August 2014

On Friday 8 August, Manheim CV are hosting the Lex Autolease online commercial vehicle auction, and will cover the initial NextGear Capital fee for funding a vehicle on any NextGear Capital Stocking Plan for commercials bought at the sale.

This means that NextGear Capital buyers who purchase at Friday's sale and pay with their NextGear Capital Plan will have the £65 +VAT First Transaction Fee for every vehicle purchased covered by Manheim CV, who will be footing the bill!

In addition, Manheim are offering their online buying fee (£40) plus delivery anywhere in mainland UK for £99 +VAT - for Irish buyers, delivery is to the port. Buyers premiums are at the usual rates.

It's the first time Manheim CV and NextGear Capital have made a joint offer to dealers and demonstrates the clear commitment from Manheim CV to help their dealers to stock more and sell more.

Matthew Davock, Head of LCV, Manheim said: "We're delighted to be able to offer our customers this opportunity to stock more and sell more through our partnership with NextGear Capital. With both companies being technologically forward thinking, we believe the online sale on Friday is a great forum for all our customers. We hope this will be the first of many joint initiatives designed to help our dealers increase sales and profitability."

NextGear Capital dealers simply need to make a purchase from the Manheim CV, Lex Autolease online auction on Friday 8 August. Dealers will see a £65 +VAT credit on their NextGear Capital Stocking Plan to cancel out the fee, as Manheim CV will cover this for them!

Register here to find out full details of the sale.

NextGear Capital will credit the dealer's NextGear Capital Stocking Plan with £65 +VAT for each vehicle purchased at the Manheim Lex Autolease Simulcast exclusive online van sale on Friday 8 August 2014 using their NextGear Capital Stocking Plan. The Wholesale Source First Transaction Fee of £65 +VAT for each vehicle will be debited as usual in accordance with the terms of the Used Vehicle Purchase and Stocking Agreement between NextGear Capital and the dealer. Debit and corresponding credit will be applied and shown separately on the dealer's August statement. Offer available only to dealers who before or during the promotional period have not had their STocking Limit suspended or terminated, or exceeded their Stocking Limit, and who are not otherwise in breach of the STocking Agreement and with whom we are not in dispute. We may change the terms or withdraw the offer at any time without notice. 

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