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.
