Tuesday, 3 April 2012

How Does Japanese Used Car Auction Work?


In Japan, there is nothing like Japanese car auctions. Japan is famous for exporting a lot of vehicles around the world. Japan has stayed in the top car manufacturing countries despite the economic downturn. In Japan, all over the country every day in a week thousands and thousands of the cars are sold at auction. On the day of auction only in one suction house there can be ten thousands cars available too. Every single week every model and make that one can think of goes through the Japanese car auction system. 

Some people think that from where does such large number of cars come from at the Japanese car auction. The answer is that majority of these cars come from the average people that try to sell their cars in the easiest possible manner. Due to the biannual inspection of the old car Japanese people gets a lot of incentives in getting rid of their old car. The biannual inspections get expensive as the car gets old. Another reason is that Japanese people prefer to buy a new item than the used ones. 

Another aspect that people think of buying a Japanese car at auction is that are these cars worth to buy. It is noteworthy to know that the people take a lot of pride in keeping the cars clean, in Japanese culture. Usually the cars available at auction are in very good condition. Normally the mileage of the cars is relatively low as compared to the other countries. 

This is amazing that the process of bidding is very fast and exciting in case of the Japanese car auction. Most of the auctions take place in less than a minute. A separate terminal is given to each bidder and there is a button attached to it. In fact, today one can big from the home at the Japanese car auction with the help of the internet. This is possible when the bidder has the right equipment. With the start of the auction the prices goes up with the click of each bidder. Normally a reserve price is set by the seller. This helps the seller and the car is not sold if it does not meet the reserve price. The auction is over when no one is clicking the button. 



Transmission Type: Manual
Fuel Type: Petrol
Engine: 2500 cc
Exterior Color: Silver
Mileage(KM): 40,000

Manufacturing Date: 8/2004 
Drive: Right Hand


 Some people also wonder how they will get to know that the Japanese Used Cars they are purchasing at the Japanese car auction are reliable or not. Then they should know that independent inspection is done on every car to make sure that the buyers are getting the reliable cars. One get to know everything about the car on the inspection sheet or the car like mileage, scratches, marks, features, etc. When someone wins the bid then he has to pay for the car. This is the bidder choice that he exports the car lately or not. Those who plan to send the car at overseas, then they can request the auction house to hold the car till they arrange transportation.

15 comments:

  1. Really interesting read - thanks for this. Hobbs Parker provided a great service when my house was surveyed. Used Cars Kent

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  2. I am so excited to be a part of a used car auction.


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  3. Usually I ask the car auction site if the seller is credible and not a swindler or scammer. I usually ask their import cars procedures so that I know the whole importation process.

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  5. Interesting article..i can't wait that it would start hope that they would also lessen their price.

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  8. InJapan car auction is a most common business and this type of business exist in the world only because of people who are fond of collection few old model cars.

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    Replies
    1. Timber Merchants Blackburn
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  11. Hello
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