CAR STOCK Service in JPCTRADE.COM

17, June, 2008 vol.3

Hi everyone! This is JPC’s 3rd Mail magazine.

As you might have already realised, we add Stock Data to our website. You can check this from the “Announcement” tab at the top of the page, otherwise click here http://jpctrade.com/stock/index.html

We are going to upload new data at 6am Japan time every day, so please do not miss this. As soon as the good cars are loaded on, people rush to get them: you have to be quick! Some cars are only on the list for 3-4 days, so it is important you check this every day.

The condition of the car has already been checked by the sellers and will be shown on the Condition Check Sheets. Each score shows the condition of each car: S(almost new) >6>5>4.5>4>3.5>3>1 and R means they have been repaired (might mean that they have been involved in an accident but have been fixed since). Generally, cars with a score of 3.5 and over are the standard used cars. Please use these as well as photos as a guide.

We get inquiries about shipping cars to order from all over the world. Not only from car auctions, we sometimes buy cars through one of the largest used car stock websites called GOO (http://www.goo-net.com/english) where the customers find the car and we buy it on their behalf. This is called “Gyoohan”, but there are not many places in Japan who provide this service.

Before buying a car, customers usually compare the car prices on the internet, and they do not buy it if the price is too high there. Dealers have to check the average price for similar cars before setting the price first; then they make a quote by adding all the other costs such as maintenance, change of ownerships, cost of delivery, etc before the actual sale. So many dealers tend to set the car price low on the website but make a profit from the additional costs. Some lower value cars are priced close to cost price because dealers need to attract customers.

So if you ask used car dealers to do “Gyoohan”, they’re most likely to say no because there is no profit for them when they cannot make money from other costs. Sometimes, they might do it if you are prepared to pay extra (usually JPY30,000-50,000 for cars up to JPY1,000,000.)

To improve turnover, sometimes dealers will sell cars that have been in stock for too long. Ideally most cars should only be in stock for 1-2 months, it’s not always easy to sell them within 2 months. In most cases, it takes 3 months or longer; some dealers change their displays of cars to make customers think they are making a lot of sales, they make some “fresh” arrangements with the customers, or give them big discounts. If they still cannot sell them, they will take them to auction for a quick cash sale; then buy new stock.

It was reported last week in a newspaper that in Japan, the number of registered used cars for the last 26 months to May was less than the numbers registered in the 12 months prior to that.

The national used car market does not look promising. If the situation does not improve quickly, there might be some dealers who want to sell cars to a used car export company like us as a part of their business. For people overseas this might be an opportunity to choose the car you want from wider range. Please contact us if you see any nice car in Goo-net or other places. We look forward to your enquiries.


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★ Japanese used car stock : http://jpctrade.com/stock/index.html
★ JPCTRADE Home page : http://jpctrade.com/
★ JPCTRADE Blog : http://jpctrade.blogspot.com/

(Editor)
JPC TRADE CO.,LTD.
Kato building 4F, 1-1-2 Furuishiba, Koto-ku, Tokyo
Japan Used Motor Vehicle Exporters Association (JUMVEA)
TEL : +81-3-5245-7731
FAX : +81-3-3643-4955