Why buy from car auctions in Japan
Thats a good question and a good place to begin. After all right now where you sit reading this article is probably many thousands of miles away from Japan. So why would you want to import cars from a country so far away
There are two excellent reasons you might want to buy cars from used auto auctions in Japan.
First of all you get a huge amount of choice and you can view all these used cars remotely online. Vehicle auctions outside Japan may often have a few hundred used vehicles but only the most miniscule auction in Japan would have such a pitiful selection.
When we consider individual auction locations we are usually talking about over 1000 cars per location and sometimes over 10000 cars all in one place with auctions being held once a week. Ffl class full auto Put all these individual vehicle auctions together on the Internet and over 30000 on a single day is really not at all unusual.
So there is a huge breadth of choice. But on top of that there is also a great depth of quality. The fact is that Japanese people just do not use their cars as much as people in other countries. An excellent public transport system and high levels of neighborhood walkability in addition to the simple fact that in-town driving speeds in Japan are incredibly low all works together to keep people from using their cars very much.
Furthermore the Japanese are incredibly careful in caring for their vehicles and yet it does not take long before the automobile they have seems old to them and they want a new one.
So cars that are both low mileage and well maintained are very common. But the ironic thing is that the Japanese themselves are really not into used items generally so they dont really want these used cars for themselves.
You can see where this is heading- Japanese car auctions have a great selection of excellent condition low kilometer cars but the Japanese people are really not that interested in buying them. This keeps prices relatively low and there is all the more opportunity for buyers from outside Japan to compete.
Vehicle auction houses in Japan
In Japan individual auctions that are run independently are rare. They are usually part of a larger auction house. Here are just some of the more prominent car auction groups- USS TAA Toyota Honda JU JAA CAA
USS Tokyo is the largest single used car auction location in Japan. Running once a week on Thursdays it can have up to 20000 vehicles all being auctioned on one day during the peak vehicle auction season.
There is one auction group that does not have multiple auction locations called kaijo in Japanese. This auction house is Aucnet who hold their auctions on Mondays. Their model is a little different in that they do not have a physical auction house where all the cars are gathered.
Instead they send out inspectors to automobile dealers who then keep their cars on their lots until they are sold. Since these dealers are still hoping to sell to a regular consumer at retail price their reserve price at auction is often a little high compared with what a similar auto might fetch at a regular auction.
How do you get access to these auto auctions in Japan
So it sounds good- Great cars at good prices. But wait a minute- How on earth are you going to be able to get a car from some used auto auction way over there in Japan to where you are You probably dont know anyone in Japan. You dont speak Japanese. Even if you could buy the auto how would you ship it
This is where the Japanese automobile exporter steps in.
Car exporters in Japan handle the process of bidding at the Japanese auto auctions transporting the car from the auction to the port doing the paperwork and shipping the automobile over to you.
There are many auto 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 even for a single vehicle so it is vital you find one who is going to do a good job for you.
Here are points to check-
How many vehicle auctions can you buy from through them 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 worse than trying to overcome language barriers.
Does this Japanese automobile exporter offer professional translations of the auto auction inspectors reports and help you really understand the condition of the cars in the auction
Does he have good communication skills – keeping you in the loop about what is happening with your vehicles so you dont worry
Does this exporter work hard to ensure your cars get to you from the car auction in Japan as quickly as possible
Who has bidding access to Japanese automobile auctions
In order to buy from a vehicle auction in Japan the first thing you need is to be a member of that auction.
This usually means you have to be a registered business in Japan as well as having property as collateral and having a Japanese guarantor. This keeps regular consumers from having direct access to these car auctions so the auctions tend to be a place where Japanese car dealers and Japanese vehicle exporters buy at wholesale prices.
Japanese auto exporters are usually registered companies in Japan and therefore have access to the auto auctions in Japan by becoming members of each auction house.
How are the used cars inspected in the car auctions in Japan
Japanese car auctions have a strict inspection regime. Since they are independent companies the quality of the inspection can vary a little between auction houses but in general the grading system they use is very uniform and easy to understand.
First of all sellers register their cars for the following weeks auction after which these vehicles are inspected by inspectors who are qualified mechanics.
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. Inspectors 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 parking lot speeds 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 inspection report. The auto is given an overall grading as well as a grading of the interior quality and sometimes an additional grade for the exterior condition also. The vehicle auction inspector 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 cars exterior condition he writes on the car map.
Remember you should not need to just rely on the overall grading when buying from Japanese automobile 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.
Japanese vehicle auction bidding practices
You will recall that only members of these used auto auctions can actually bid and they do so in two ways- Either at the auction location kaijo itself or online from anywhere.
However 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. Cars are sold in anything from 10 to 45 seconds or so. The actual process may just look like playing 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 you will find that cars will fail to meet their reserve price and bidding is stopped. This does not mean that you cannot still have a go at gettin the auto though. It is then possible to make offers to the seller under the auspices of the auto auction. Fewer cars sell in negotiation like this than are sold in live bidding. A good Japanese auto exporter will handle the process of live bidding and negotiation seamlessly and get the best deals for his customers.
You win the automobile at auction – then whats next
After a car is bought at a Japanese auto auction it is then moved by automobile transporter to the port. Once at the port the vehicle waits to be loaded onto a RORO ship or waits to be loaded into a container. A good auto exporter will be arranging all of this behind the scenes without requiring your intervention.
Even 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 working on paperwork to de-register the car and pass it through Japan-side customs.
Once it has been loaded on a vessel the auto 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 deregistration document and any other documents that the customer requires for importing the automobile into his or her country. These import regulations vary from country to country so it is vital to check them before buying anything.
Conclusion
Japanese vehicle auctions can be a great place for car dealers and vehicle importers around the world to find excellent quality vehicles at lower prices than they would expect to be able to find locally. The huge numbers of cars in thse car auctions in Japan that can be viewed online is another great plus.
However finding a top-notch Japanese car exporter who both can communicate well and also steer you safely through the process of buying from the automobile auctions in Japan is the real key to success. Compromise on this and you will be piling up problems for yourself down the road. Ffl class full auto Bank repo auctionsBank repo auctions
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