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Help Topics: Using my Stocking Plan

When you load a Trade Source vehicle onto your Stocking Plan, the system will automatically check the value against CAP and run an HPI check. Your Stocking Plan will be credited for either the CAP valuation or the purchase price of the vehicle, whichever is lower. The CAP valuation will be visible on the screen for you to review.

Once you have loaded a vehicle onto your Stocking Plan and accepted it, the process cannot be reversed as payment will already be on its way to you. Therefore please be sure that you want to proceed before accepting.

To remove a vehicle from your plan, you need to choose the ‘Settle’ option and a payment will be taken by Direct Debit within 3 working days from your nominated bank account for the amount owed.

Trade Source vehicles are those purchased from any sources other than NextGear Capital’s auction or wholesale partners.

Examples of Trade Sources include:

  • Part Exchange
  • Trader Bought
  • Off Fleet/Lease. E.g. Motability
  • Existing Stock
  • Online
  • Where the vendor is not yet a NextGear Capital partner
  • Auction Houses – where the Auction is not yet a NextGear Capital partner

 

If you are in any doubt as to the eligibility of a vehicle you’d like to purchase as Trade Source, please contact our Customer Service Team on 0343 50 60 600.

Auction Source vehicles are those purchased directly from our partner auction houses, partner wholesalers either in lane or online.

If you are in any doubt as to the eligibility of a vehicle you’d like to purchase as Auction Source, please contact our Customer Service Team on 0343 50 60 600.

The technical explanation is that you can use the Stocking Plan to buy ‘non-defective’ used cars and used LCVs up to 3.5 tonnes. Where the term ‘Vehicle’ is used this is defined as used motor vehicles (excluding HGVs (i.e. heavy goods vehicles), motor cycles, non-runners, and plant and industrial machinery) built to standard United Kingdom specification.

What this really means is that you can buy more of the kind of vehicles that you know will sell well, upgrade the models you’re selling to include some more expensive/ newer vehicles, or if you’re keen to expand your market to include LCVs, this could be a great opportunity.

You can see a list of partners below who will accept NextGear Capital. Just let us know before you first use your Stocking Plan at a particular location and we’ll make sure the Auction House is ready.

If you are a NextGear Capital customer and would like to find a list of the partner auction houses in your area, just log in to StockMaster and use the ‘Auction Finder’ section – you will be able to select an area and view the details of the auction houses. But remember to check regularly as more sites are being added.

The auction house will check your Stocking Plan status when you register and again before the transaction is complete so that you can use your Stocking Plan to buy vehicles at a particular sale.

Remember that you can also use your Stocking Plan to buy from online auctions, providing the auction house accepts NextGear Capital buyers.

Even trade or part exchange purchases that meet the criteria can be loaded onto your plan. Just call your Account Manager if you’re unsure.

Physical Auctions

Aston Barclay Westbury 
Aston Barclay Donington Park
Aston Barclay Prees Heath
Aston Barclay Leeds
Aston Barclay Chelmsford
Birmingham Car Auctions
BRG Gibson Auctions
Bridlington Motor Auction
Central Car Auctions
City Auction Group – Rockingham
City Auction Group – Belfast
Clwyd Car Auctions
Commercial Vehicle Auctions 
East Anglian Motor Auctions
Eastbourne Car Auctions
Gerry Mcveigh
G3 Remarketing
Hobbs Parker Car Auctions
Independent Motor Auctions
Leominster Car Auctions
Letchworth Motor Auctions
MAG Rotherham
Manheim Auctions Leeds
 
Manheim Auctions Shepshed
Manheim Auctions Birmingham
Manheim Auctions Colchester 
Manheim Auctions Northampton
Manheim Auctions Wimbledon
Manheim Auctions Bruntingthorpe
Manheim Auctions Bristol
Manheim Auctions Gloucester
Manheim Auctions Haydock
Manheim Auctions Manchester
Manheim Auctions A1 Knottingley
Manheim Auctions Shotts
Manheim Auctions Plymouth
Manheim Auctions Washington 
Manheim Auctions Mansfield
Manheim Auctions Coventry
Morris Leslie Vehicle Auctions
Motor Auction Group
Newark Motor Auctions
Protruck Auctions
Shoreham Vehicle Auctions
South Western Vehicle Auctions
Swansea Motor Auctions
Thainstone Specialist Auction 
The Fleet Auction Group 
West Oxfordshire Motor Auction  
Wilsons Auctions Mallusk 
Wilsons Auctions Portadown 
Wilsons Auctions Dalry
Wilsons Auctions Queensferry
Wilsons Auctions Telford 
Wilsons Auctions Newcastle
Wilsons Auctions Newport

Online Auctions

Manheim Online
Avis Budget Group 
Dealer Auction
Dealerpx
CD Auction Group
G3 Remarketing
Auction4cars.com
Adesa
Agnew Trade Centre

A Cox Automotive product brand

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