Using my Stocking Plan

Help Using my Stocking Plan

How do I change my WFS Password?

To change your WFS password, you’ll need to submit a request to us. To do so, simply go to the Contact page and contact us by phone or email.

How do I buy from UK auctions?

As a NextGear Capital customer you could take advantage of our network of UK partner auctions and approved sources listed below with a dual currency Stocking Plan.

Once your dual currency Stocking Plan is approved and you have informed our Customer Service Team of which auctions you'd like to buy from, we can ensure your Stocking Plan is activated with that auction. You can purchase vehicles just as you do in Ireland. 

The benefit to using a dual currency Stocking Plan is that you are able to purchase vehicles in GBP, adding them directly to your NextGear Capital Stocking Plan. This makes the process quicker and easier, leaving more time for you to focus on sourcing the vehicles you know sell well.  

Find out more about a dual currency Stocking Plan. 

UK auctions 

You can view a list of UK sources using our where to buy auction finder.

How do I change my Password?

To change your password, you’ll need to submit a request to us. To do so, simply go to the Contact page and contact us by phone or email.

Why do I have to log in twice to see my account details?

Your Stocking Plan contains some very sensitive business information and it’s our duty to help you to protect it as it’s situated on a different server to the website.

For now, the best way to do this is to have two log in points, one to access the secure section of the website, and the other to access your specific account details.

We’re working to find an even quicker solution and if you have any problems logging in at either stage, just contact us straight away. Or if you forget your password, you can find out how to reset it here.

What happens if I buy an ineligible vehicle?

An ineligible vehicle is one that falls outside the description of 'non-defective' used cars and LCVs up to 3.5 tonnes.

Your Stocking Plan will indicate to the auction that the purchase request has been referred and you won't be able to use your NextGear Capital Stocking Plan for that purchase.

But don't worry, you can still pay for the vehicle using other funds.

What happens if I miscalculate and go over my Stocking Plan limit?

Your Stocking Plan will indicate to the auction house that the purchase request has been referred and you won’t be able to use your NextGear Capital Stocking Plan immediately for that transaction.

But don’t worry, you can still purchase the vehicle you’ve chosen by using other funds or you can contact us to find out whether you’re eligible for a temporary limit increase (fees will apply).

If you do not use other funds or we do not grant a temporary limit increase, the vehicle will be held at auction and we will debit your Stocking Plan the following day. Once funds are cleared the vehicle can be collected.

Do I have to pay anything before I sell the vehicle?

A vehicle can be held in stock for up to 120 days, with interim payments required. 

A daily holding charge applies throughout the holding period and fixed fees are payable at the start of the holding period and on the interim payment dates.

So if you sell the vehicle in less than 45 days, all you have to pay is the initial transaction fee and daily holding charge for 45 days.

If it takes a bit longer to make a sale, you will have to pay the fees for each period and the interim, but you’ll know in advance how much this will be and can budget accordingly.

How soon after selling one vehicle can I use the balance on the account again?

Once you’ve sold a vehicle you can log the sale online. Payment is collected automatically by Direct Debit on the next working day, and once it’s cleared you can use the available balance again. Plus, if you’re at your limit and want to secure a purchase before the payment clears, you can ask us whether you are eligible for a temporary limit increase (on payment of a fee).

How long can I stock a vehicle for?

The standard availability term is 150 days but you can settle early. Interim payments are payable during the term. 

The flexibility of a NextGear Capital Stocking Plan means you can stock a vehicle for as long as you need to up to the standard plan of 150 days.