Fees and charges and when they apply

Help Fees and charges and when they apply

Do I have to pay anything if I don’t use all of my Stocking Plan limit?

The great thing about a NextGear Capital Stocking Plan is that you only pay for what you use. If you do not use your full limit within a month, that’s fine! You have the flexibility to use as much or as little of your plan as you like.  

However, please note that you will be charged a monthly non-utilisation fee if there are no vehicles on your stocking plan at any time during that whole calendar month. See below for full details.

Do I have to pay anything if I don’t use the Stocking Plan?

You will be charged a monthly non-utilisation fee if there are no vehicles on your stocking plan at any time during that calendar month. If a vehicle is loaded onto your plan on any given day within that calendar month, you will not be charged the non-utilisation fee.

How much will it cost me to use the Stocking Plan?

At NextGear Capital, we pride ourselves on our transparent, upfront fees, with no hidden costs. 

Your dedicated Account Manager will talk you through these fees when you take out your plan. 

Typically, for each vehicle loaded onto your stocking plan, you will be charged an initial load fee, transaction fee and settlement fee with a Daily Holding Charge for each unit.