auctioninjapan

165 views
127 views

Published on

Nowadays, a lot of people have their eyes on Japanese cars because of their unique features, value, and qualities. The cars presented in an auction in Japan are usually in much better condition having a lower mileage than those equivalent cars abroad. Every year there have been approximately over 4 million used cars that pass through these auctions and some of these auctions are even huge operations.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
165
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

auctioninjapan

  1. 1. AuctioninJapanAuction in Japan: Some Information That YouShould KnowBETTY WHITENowadays, a lot of people have their eyes on Japanese cars because of theirunique features, value, and qualities. The cars presented in an auction inJapan are usually in much better condition having a lower mileage than thoseequivalent cars abroad. Every year there have been approximately over 4million used cars that pass through these auctions and some of these auctionsare even huge operations.It is necessary to register first as a member of that auction in order for you topurchase a car in an auction in Japan and usually, you can only do this byhaving a registered business in Japan, a property as collateral, and a property-owning Japanese citizen which will serve as the guarantor. Integrity Exports is aregistered Japanese company who has access to Japan’s car auctions. So ifyou bid through them, you can get the car that you want.Maybe you are wondering what usually happen during an auction inspectionprocess. Qualified mechanics are the inspectors who are in-charge ofinspecting the cars and other vehicles that are registered for the next auction.During this process, the inspector has to perform several duties whichdetermine the quality of the cars to be auctioned.So first, the inspector has to write a report on an auction sheet regarding theoverall grading of the cars and the grading of their interior quality. It is alsoimportant to write the issues that he has found in a detailed manner. Some ofhis comments are writer in Japanese and then the issues that he has foundslike scratches and dents which may be related to the exterior condition of thecar may be found on the “car map”.After auction inspection process, you can now bid in an auction in Japan butkeep in mind that only members of the auctions can bid. Bidding for Japanesecars can be done in two ways: (1) Bid on the auction location; or (2) Bid onlinefrom anywhere. So whether you are at home bidding online or at the auctionSample footer: http://auctioninjapan.tumblr.com/. You can change color, font and other options Page 1 / 2Demo Version - ExpertPDF Software Components
  2. 2. For TumblrBy Peter VidaniTheme: Papercuthouse bidding on one of their machines, the computer system is still the samebut since Integrity Exports is bidding on auctions all over Japan in any givenday, being physically present in the auction houses is not possible so they justlet the customers place proxy bids on their online car auction system The process of placing proxy bids starts when you have already browsed for the cars that capture your interest and after searching, you will then enter yourproxy bids. Auction inspection reports of those cars will be given to you and ifthe customer has additional inquiries, Integrity Exports is always ready toanswer you. And finally, you can now enter your maximum bid as a raw auctionprice.There are different bidding outcomes that can happen and the first one isbought by Integrity Exports in live bidding which is by far, the best outcome forthe company and the customers. The second one is bought by another in livebidding and this happens when the customer’s budget is not enough and so,another bidder gets the vehicle. The third one is passed which means that thecar has failed to meet its reserve and may be back in the following week or maybe sold in negotiation.The fourth one is negotiation which means that the car that has passed maystill be within the range of the customer’s budget so making an offer throughthe auction to the owner directly is the best choice and this can end up buyingthe vehicle through negotiation. And the last one is removed which means thata car has been removed because of incomplete documentation or if it has beensold even before the auction starts. These are just some of the biddingoutcomes that can happen in an auction in Japan.For more click here !!!!Sample footer: http://auctioninjapan.tumblr.com/. You can change color, font and other options Page 2 / 2Demo Version - ExpertPDF Software Components

×