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How does the auction house get paid?

We pay the auction house direct by bank transfer as they are the selling agent for the vendor. In the case of trade sourced vehicles, we pay the dealer or finance house. 

After the close of business on the day the vehicle transaction is made, payment will be made on the next working day.

A Cox Automotive product brand

+44 343 50 60 600
Calls to 0343 numbers will cost the same as calls to landline numbers, and will be included as part of any inclusive call minutes or discount schemes for geographic calls

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*100% of hammer price plus auction and delivery fees (auction purchases), or lower of CAP clean/invoice price (trade vehicles) + VAT funded on LCVs and qualifying vehicles up to the value of £75,000.

NextGear Capital UK Limited, registered in England and Wales, company number 08696123, with registered office at Nextgear House Kingsfield Court, Chester Business Park, Chester, United Kingdom, CH4 9RE. VAT No. GB 181422035
 

© NextGear Capital UK Ltd 2025.