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Hertz Polestar Offer Terms

The promoter of this offer is Nextgear Capital UK Limited (Company No. 08696123), Nextgear House Kingsfield Court, Chester Business Park, Chester, United Kingdom, CH4 9RE (“Nextgear Capital”).

By participating in this Offer, you will be deemed to have unconditionally accepted and agree to be bound by these terms and conditions (“Offer Conditions”).

You also acknowledge and unconditionally accept that Nextgear Capital’s standard terms and conditions of business (unless otherwise agreed with Nextgear Capital in writing) (“Nextgear Capital Conditions”) apply to and govern the allocation of any vehicle to a Stocking Plan by a Registered Dealer.

Nextgear Capital reserves the right, at its sole discretion, to withdraw, substitute or reallocate any benefits from participating in this Promotion for one of equal value and to amend or withdraw any part of the Offer at any time without notice and any liability.

Nextgear Capital reserves the right to refuse to provide any benefit associated with the Offer where it becomes aware of any fraud or deceit by the Registered Dealer in relation to the Offer. Any benefits deriving from the participation in this Offer are non-transferable to another individual.

Any decisions made by Nextgear Capital in relation to this Offer will be final and binding and no correspondence will be entered into.

 

Participating Partners

This Offer (as defined below) is made in collaboration with:

  • The seller of the Qualifying Vehicle, Hertz (U.K) Limited incorporated and registered in England and Wales with company number 00597994 whose registered office is at Hertz House 11 Vine Street, Uxbridge, Middlesex, UB8 1QE
  • The provider of the Dealer Auction Platform, Dealer Auction Limited incorporated and registered in England and Wales with company number 11514206 whose registered office is at Central House, Leeds Road, Rothwell, Leeds, LS26 0JE

 

Definitions

Daily Holding Charge: means the Nextgear Capital base rate as further detailed in the Stocking Plan.

DHC Period: means a period of up to 60 days starting from the date the Qualifying Vehicle is allocated to a Stocking Plan.

Dealer Auction Platform: means the Dealer Auction platform available at: https://www.dealerauction.co.uk/ through which any Qualifying Vehicles can be purchased by a Registered Dealer to benefit from the Offer.

Nextgear Platform: means the platform owned and operated by Nextgear Capital and accessed via the website at https://www.nextgearcapital.co.uk/stockmaster/ or such other domain name used by Nextgear Capital from time to time.

Offer: the offer which comprises a refund of the Daily Holding Charge for the DHC Period in relation to a Qualifying Vehicle purchased on the Dealer Auction Platform, which is allocated to the Registered Dealer’s Stocking Plan during the Offer Period.

Offer Period: the period for which the Offer will be open as set out in clause 2.

Promotional Material: including but not limited to posters on the Nextgear Platform or Dealer Auction Platform and direct e-mails by Nextgear Capital or Dealer Auction, promoting or advertising this Offer within or prior to the start of Offer Period.

Qualifying Vehicle: Polestar electric vehicles listed by Hertz (U.K) Limited on the Dealer Auction Platform which are eligible to be allocated to the Registered Dealer’s Stocking Plan during the Offer Period. Reference to ‘Qualifying Vehicles’ will be to more than one Qualifying Vehicle (where applicable).

Registered Dealer: a person who is a resident in the United Kingdom and who has adequately completed Nextgear Capital’s registration process (with presentation of sufficient documentation as required by Nextgear Capital) in order to allocate Qualifying Vehicles to a Stocking Plan via the Nextgear Platform. 

Stocking Plan: means the agreement that the Registered Dealer has with Nextgear Capital in relation to the allocation of the Qualifying Vehicles to the stocking plan (and subject to the funding limits set out in the offer letter between the parties).

Working Day: being a day that is not a Saturday or Sunday, Christmas Day, Good Friday or any day that is a bank holiday in England.  

 

Eligibility Criteria

  1. In order to participate in this promotion and benefit from the Offer, the Registered Dealer must satisfy the following requirements:
    • The Registered Dealer will not be an employee (or an immediate family member) of Nextgear Capital or its holding or subsidiary companies.
    • The Registered Dealer must have successfully signed up to a Nextgear Capital Stocking Plan which is deemed ‘live’ by Nextgear Capital before expiry of the Offer Period (as detailed in clause 2 below).
    • There must not be any pending claim, complaint, legal action, or account suspension measures in place, i.e. the Registered Dealer’s account must not be on ‘stop’.
    • The Registered Dealer must have an ‘active’ Stocking Plan which has been successfully renewed and which is not deemed ‘expired’ and/or ‘terminated’ during the Offer Period.
  2. The Qualifying Vehicle must be eligible to be allocated to a Stocking Plan.
    • The Offer Period will commence at 09:00 GMT on 04 March 2026 and will end at 17:30 GMT on 31 May 2026.
    • In order to allocate any Qualifying Vehicles to a Stocking Plan, you must be a Registered Dealer. If you are not a Registered Dealer, for further information on how to become a Registered Dealer, please visit https://www.nextgearcapital.co.uk/apply-now/
    • Nextgear Capital reserves the right to remove any Qualifying Vehicles from the Offer in the event that a Registered Dealer does not pay for a Qualifying Vehicle in accordance with the Nextgear Capital Conditions.

 

Particulars of the Offer

  1. During the Offer Period, if the Registered Dealer purchases a Qualifying Vehicle which is successfully allocated to a Stocking Plan, the Registered Dealer will be entitled to a refund of the Daily Holding Charge associated with the Qualifying Vehicle for up to the DHC Period.
  2. The Daily Holding Charge will be calculated at the end of each month and credited to the Registered Dealer’s bank account on the 15th of the relevant month.
  3. The Registered Dealer acknowledges and accepts that the refund applies only to the Daily Holding Charge during the DHC Period. For the avoidance of doubt, any charges beyond the DHC Period are excluded.

 

General

  1. Nextgear Capital will not be liable for any loss or damage caused, nor for failure or delay in performing its obligations to the Registered Dealer if such delay or failure is caused by circumstances beyond its reasonable control.
  2. Any personal data collected or processed by Nextgear Capital in relation to the Offer will be collected, held and processed in accordance with Nextgear Capital’s privacy policy which can be accessed at https://www.nextgearcapital.co.uk/privacy-policy/.
  3. Any dispute between you and Nextgear Capital in relation to the Offer Conditions will be governed and interpreted in accordance with the laws of England and you irrevocably agree that the courts of England will have exclusive jurisdiction to settle any dispute or claim that arises out of or in connection with these Offer Conditions.
  4. Nothing in these Offer Conditions will limit or exclude Nextgear Capital’s liability for:
    • fraud or fraudulent misrepresentation; and
    • any other liability which may not be excluded, restricted or limited by law.
  5. Any and all rights in relation to this Offer are the sole and exclusive property of Nextgear Capital. No information or data may be reproduced in any format or used in any way without the prior written consent of Nextgear Capital. Nextgear Capital will be entitled to withhold consent at its sole discretion.
  6. If any provision or part-provision of these Offer Conditions is or becomes invalid, illegal or unenforceable, it will be deemed modified to the minimum extent necessary to make it valid, legal and enforceable. If such modification is not possible, the relevant provision or part-provision will be deemed deleted. Any modification to or deletion of a provision or part-provision under this clause will not affect the validity and enforceability of the rest of these Offer Conditions.
  7. These Offer Conditions (and any policies, Promotional Material, Nextgear Capital Conditions or further terms and conditions referred to herein) will represent the entire agreement between you and Nextgear Capital relating to the Offer.