MotoNovo Steps Up its Support to Dealers During Lockdown

MotoNovo Finance has confirmed two initiatives designed to support its dealers through the latest lockdown period;

  • Vehicle Stocking – with immediate effect, all vehicles scheduled for full payment at the end of an agreed stocking period on a MotoNovo stocking plan will be renewed for an additional 60 days automatically. Delaying the need to make such payments, will help dealers to preserve much-needed cashflow.
  • ‘Click & Reserve’ – This smart online tool’s availability continues to prove ideal in supporting dealers’ Click & Collect/Click & Deliver services. Launched during the pandemic to help dealers, its availability free-of-charge is now being extended until the end of March.

Commenting on the moves MotoNovo Deputy CEO Karl Werner notes; “These two steps can, we hope, make a useful contribution to our dealers in these challenging times. For us, being a good partner is a long-term commitment. As our record of dealer centricity demonstrates, supporting the dealer community as a finance company is more than the current proposal. Empathy, collaboration and innovation are crucial components, never more so than through the unprecedented experience of the current pandemic.”