Why buying a used car from Japanese auto auctions is Preferred?



Japanese vehicles are synonymous with reliability and great quality. With time and again Japanese vehicles have proven that they are more dependable than other makers. Not only new vehicles, but used vehicles from Japan are also popular around the world. The increase in the demand of used cars from Japan, ultimately led to the popularity of Japanese auto auction. Auto Auctions has made the sale and purchase of used cars and other vehicles faster and easier.



The Japanese law allows only dealerships holders or exporters to become members to auto auctions. The way the system is set up allows people to have access to information, but to keep the auctions orderly, only members can bid. Nowadays, auctions take place either over internet or through special auction software, so buying used vehicle of any make or model from your home is so simple.

Auction houses are mostly preferred by people for purchasing used vehicle as the vehicles offered are in good condition and are reliable. Vehicles, mainly used ones are sold at auto auctions based on auction system. With their excellent services, auto auctions have developed the trust & worthiness over the time among people across the globe.

Japan has over 30 well known auto auction and over 200 auto auction locations. Some popular auction halls in Japan are USS, ASNET, ARAI, Honda Auto Auction, Toyota Auto Auction, Gulliver and Nissan Auto Auction. These auction halls have wide network all over Japan. Buying a used vehicle from Auto Auction comes with many benefits, and only one or two odd drawback. People prefer to buy vehicle from auto auction because of assured quality, details of genuine condition, step-by-step process, no experience required as the agent guides the importer, proper payment and delivery terms, and above all no fear of being cheated.

Here are the benefits along with step-by-step process of buying vehicles from Japanese auto auctions-

Before displaying vehicles at auctions, they are completely inspected by the auctioneer. Since the reputation of the auction hall is on stake, inspection done is accurate and fair.

  • Buyers can choose their desire vehicle from stock of more than 40,000 vehicles of brands like: Toyota, Honda, Mazda, Nissan, Mitsubishi, Subaru, and Suzuki.
  • Buyers can access the information and choose the car that holds their interest from dealer’s website.
  • Buyers just have to choose the brand, model and decide the price they wish to pay to the member agent. The dealer will find number of cars as per buyer’s requirement and will do all the necessary work.
  • Buyer should choose about 3-6 cars that they like. And be ready to place a bid.
  • It is mandatory for buyers to deposit of ¥100,000 to ¥200,000 or can deposit 100% payment in advance before placing bid on the vehicle. Auction members are certified exporters or dealers so no need to worry to make payment. If a bid fails, payment will either be refunded to the buyer or buyer can use this money for another bid. A minimum amount of ¥1000 for a failed or successful bid is charged by the bidding agent; this is what is charged by the auction house to enter bidding.
  • After the bid is successful, buyers have to pay the remaining balance. Depending upon using FOB, CFR / C&F, CIF or another agreement, buyer may also need to pay freight charges, marine insurance, and possibly other charges/fees.
  • Once this is done, a purchasing agreement and Invoice is received by the buyer. Some exporters may want buyers to sign both and fax back copies for security reasons.
  • All the required certificates that buyers need while importing the vehicle in their country like Deregistration Certificate, Bill of Lading, Customs Invoice are couriered by the exporter and will get collected by the agent.
  • When ready to ship, the car(s) will be placed onto the next available ship to reach the destination. It can take 1-6 weeks for car to load onto a ship depending on if the car has been deregistered yet.
  • Buying a car from auctions is nowadays a common thing. There are large numbers of authorized auction houses in Japan with millions of vehicles on sale. With the advancement of technology, auctioning takes place with different method now. Vehicles are sent at auto auctions with the purpose of quick sale without any hassle. Auctions are great place to find a vehicle of one's specific choice with affordable prices.


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