What is Japan Auto Auction?

What is Japan Auto Auction?

What is Japan Auto Auction?

 

 

Japan car industry is one of the largest and most recognized in the world, with over millions of cars produced and exported almost every year. Japanese vehicles are popular across the world as they are reliable, safe, and high on quality. Everyone wants to buy a new car, but still for many it is quite difficult, thus they prefer to buy a used car as it is the most favorable option to own a car. Japan used cars Auction is a method of selling used cars and other vehicles based on the auction bidding system. The Japan used cars auction system provides high quality Japanese used cars at affordable prices, as these avoid the additional costs added by car dealers.

In Japan, car auctions are very popular among people who may buy the vehicle of their desire indirectly from these auctions. Japan has over 30 well known auto auction groups and over 200 auto auction locations. There are more than 50,000 cars lined up for the auction every day, and the auctions are generally held from Monday to Saturday in Japan. Auto Auction is a spot where used and new cars are sold at different prices. Every week around thousands of cars are being sold at auction halls. The auction is held in big halls with hundreds of tables with latest electronic devices and monitors with the images of cars being auctioned. Mainly used cars are sold at these auctions, but new cars are also auctioned.

 

Japan used car exporters who are the members of Japanese auto auctions use these auctions as their primary source of used vehicles. Other than exporters, most members are used vehicle dealers that sell vehicles in Japan. According to Japanese law, only dealers who are the members of used car auctions are permitted to attend and bid on cars and vehicles, people are not allowed to take part in auto auctions directly. The system is set up in such a way that it allows people to have access to the information, but to keep the auctions in order only professionals are allowed to bid. The vehicle information is accessible to the buyers through dealer’s auction websites.

 

To know the vehicle details and the actual condition is the main topic of concern. It is important to examine all details of the vehicle, as vehicles at Japanese used car auctions are sold “as is”. The auction inspection sheet plays a vital role in this regard and allows buyers to know the actual worth of a vehicle. Every vehicle in an auction will have an inspection sheet, completed after an inspection by the Japanese car auction house, independent of the seller. The inspection sheet provides 99.9% accuracy in determining the condition of the vehicle.

 

An advantage of buying a vehicle from a Japanese auto auction is saving money, as auctions may result in lower selling prices than normal and provide a great vehicle at a bargain price. Customers or Japan used car importer should decide a maximum price that they are willing to pay for the vehicle in the auction. It is important because dealers represent customers at auto auctions to place bid on customer’s behalf. This amount is refundable in case the bid doesn’t turn out to be successful or the dealer may ask for some another vehicle in the same range as per customer’s interest.

 

Japan car industry is one of the largest and most recognized in the world, with over millions of cars produced and exported almost every year. Japan is a home of many manufacturers such as Toyota, Honda, Mazda, Mitsubishi, Nissan, Subaru, Suzuki and Daihatsu.

 

 

The presence of many auction houses has made buying car a common thing. Buyers can get details of the vehicle online and make a quick decision for purchase. Even though auctions are a great place to find Japanese cars that are in good condition, used vehicle importers should make out a complete research regarding the quality of vehicle, cost, and class before bidding on a vehicle.

 

Share post