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eBay Motors Group today announced a support package for dealers including no charge for classified advertising packages in April 2020.
The group is also offering extended payment terms for March invoice and said the situation was under review as it geared up to support dealers.
The changes will be in place for dealers taking advertising subscriptions across eBay Motors Group, Gumtree Motors, eBay Motors and Motors.co.uk.
Phill Jones, head of eBay Motors Group, said: “This is a very difficult time for car dealers, with many facing big questions about how to manage through this period. I am pleased that we are able to provide this support to our customers at this time.
“Together with our sister companies within the eBay Classifieds Group, we are able to gain insight from multiple geographies, including Italy. We will provide dealers with a regular view of the market and our learnings from across the world.
“We will continue to monitor the situation to understand impact on future invoices.
“We sincerely hope that this helps our dealers through this unpredictable period and that government support helps to stabilise our prized industry.”
The key changes for dealers are:
- No charge for classified advertising packages in April
- No charges for over-posting – allowing dealers to advertise all stock
- Extension of payment terms for March invoice to 90 days