Vehicle importers know that vehicle auctions in Japan are an excellent place to discover low gas mileage, premium quality made use of vehicles at excellent costs. My aim in this article is to assist you recognize these vehicle public auctions in Japan better so that you can make an excellent, enlightened choice about whether to buy from them or not, and how the entire process works.
Why take into consideration purchasing from Japanese cars and truck auctions?
This is an excellent place to begin. Besides, right now where you sit reading this post is possibly lots of countless miles away from Japan So why would you intend to import automobiles from a nation thus far away?
There are two outstanding factors to take into consideration purchasing cars from utilized auto public auctions in Japan.
Firstly, the selection is tremendous and you can check out all these vehicles remotely online. Vehicle public auctions outside Japan might generally have a few hundred previously owned lorries, yet only the tiniest public auction in Japan would certainly have such a pitiful selection.
In regards to private public auction locations, we are generally talking about over 1,000 cars and trucks per area, and also occasionally over 10,000 automobiles (when it comes to USS Tokyo) done in one location and also being auctioned there weekly. Put all these specific automobile auctions with each other on the web, as well as over 30,000 on a single day is really not at all uncommon.
So there is a huge breadth of selection. But that is not all. There is also an excellent deepness of top quality. The fact is that Japanese individuals simply do not drive as long as people in various other countries. An excellent public transportation system as well as high degrees of community walkability, along with the basic fact that city driving rates in Japan are incredibly reduced, all works together to keep individuals from utilizing their cars significantly.
After that in addition to this the Japanese are meticulous in taking care of their cars and yet it does not take long prior to the cars and truck they have appears old to them and they want a new one.
So, autos that are reduced mileage and also well kept are a superabundant. Yet the paradoxical thing is that the Japanese themselves are actually not right into used products, so they don’t really desire these made use of automobiles on their own.
You can see where this is going: The auto auctions in Japan have a great choice of terrific condition, reduced kilometer autos, but the Japanese people are truly not that curious about purchasing them, so rates are fairly low and also there is all the more chance for purchasers from outside Japan to contend.
Auto public auction groups as well as places in Japan.
In Japan private auctions are unusual. They are normally part of a larger auction group. Right here are simply a few of the extra popular groups:
USS Tokyo is the largest solitary secondhand vehicle auction location in Japan. This auto auction runs once a week on Thursdays, and also at peak period can have up to 20,000 cars all being auctioned on one day.
One public auction team that does not have multiple auction places (called kaijo in Japanese) is Aucnet, that hold their public auctions on Mondays. Their version is a little bit various because they do not have a physical auction house where all the cars and trucks are collected.
Instead, they send inspectors to vehicle suppliers that after that keep their vehicles on their great deals until they are sold. Since these suppliers are still wishing to market to a routine consumer at market price, their book price at public auction is often a little high compared with what a similar vehicle could fetch at a regular auction.
Just how can you access the vehicle auctions in Japan?
So far, so excellent. Yet wait a min: Just how on earth are you mosting likely to have the ability to get a car from some used auto public auction method over there in Japan? You don’t recognize any person there. You do not talk Japanese. Even if you could purchase the auto, just how would you ship it?
You require a Japanese car exporter to assist you with this one.
Vehicle exporters in Japan are established to handle the process of bidding at the Japanese car auctions, transporting the car from the auction to the port, doing the paperwork and shipping the car over to you.
There are many car exporters shipping used vehicles from Japan, so this then begs the question of how you find yourself a good one. After all, we are not talking about trivial sums of money here, so it is vital you find one who is going to do a good job for you.
Here are some things to look for:.
How many auctions can you buy from, and can you access them all from one place online?
Can you deal with a native English speaker who is also fluent in Japanese? (Nothing is more stressful than trying to overcome language barriers.).
Does this exporter offer professional translations of the car auction inspector’s reports and help you really understand the condition of the cars in the auction?
Does the exporter in Japan have good communication skills, keeping you in the loop about what is happening with your vehicles so you don’t worry?
Does the exporter work hard to ensure your cars get to you from the car auction in Japan as quickly as possible?
Who will bid for you at these car auctions in Japan?
In order to buy from a car auction in Japan, the first thing you need is to be a member of that auction.
This usually entails being a registered business in Japan as well as having property as collateral and having a guarantor. This precludes regular consumers accessing these car auctions directly, so they tend to be a place where Japanese car dealers and Japanese car exporters buy at wholesale prices.
Japanese car exporters are usually registered Japanese companies and therefore have access to the car auctions in Japan.
Japanese car auction vehicle inspections.
Car auctions in Japan have a strict inspection regime. Obviously the quality of the inspection can vary a little between auction houses since they are independent companies, but in general the grading system they use is very similar and easy to understand.
The cars and other vehicles are registered for the following week’s auction, after which they are inspected by inspectors who are qualified mechanics.
Now, it is important to bear in mind that these inspections are very thorough, but they do not involve any dismantling of the vehicle, nor do they involve test-driving it. They will often pick up mechanical issues very well, although problems which would only come to light if the vehicle is driven at anything more than the kind of speed you would expect in a parking lot can be missed. This is no fault of the inspectors, just a limitation of an inspection that does not involve a road test.
The inspector writes his report on an auction sheet. He gives the car an overall grading as well as a grading of the interior quality. He also writes details of issues that he has found. Some comments he writes in Japanese, and then issues like scratches and dents that relate to the car’s exterior condition, he writes on the “car map” – a diagram of the exterior of the car.
Remember you should not need to just rely on the overall grading when buying from Japanese car auctions: A good car exporter should give you detailed translations and help you understand what the Japanese car auction inspector has written on his report.
How does bidding work in these car auctions in Japan?
As we have noted above, only members of these auto auctions can actually bid. They do so in two ways: Either at the auction location (kaijo) itself, or online from anywhere
The computer bidding system is the same whether bidding at the auction house on one of their machines or remotely online.
Bidding is very fast. Generally a car will be sold in anything from 10 to 45 seconds or so. The actual process may just look like pressing a button in a video game, but there is a real art to doing it right to avoid paying too much for a car – or equally letting it get away by holding back too much.
Sometimes cars will fail to meet their reserve price and bidding is stopped. It is then possible to make offers to the seller under the auspices of the car auction. Fewer cars sell in negotiation like this than are sold in live bidding. A good Japanese car exporter will handle the process of live bidding and negotiation seamlessly to get the best deals for his customers.
What happens after the car is won at auction?
After a car is bought at a Japanese car auction, the first thing that happens is that it is moved by car transporter to the port. Once at the port, the car waits to be loaded onto a RORO ship, or waits to be loaded into a container.
While the car is in transit from the auction, the car exporter will immediately start looking for bookings on the earliest ship, as well as doing paperwork to de-register the car and pass it through Japan-side customs.
Once on a ship, the car will take anything from a few days to over a month to reach its destination. This is mainly dependent on the distance of the destination country from Japan.
The car exporter will send the end customer the Bill of Lading, invoices, the de-registration document and any other documents that the customer requires for importing the car into his or her country. These import regulations vary from country to country so it is vital to check them before buying anything.