Special auctions for registered members

Special auctions for registered members

Hi everyone. Today I am going to write a bit about a professional way of buying cars through the special auctions for registered members.

JPC’s main service is to buy cars at auction in Japan and export them overseas. At normal auctions, we buy cars listed by sellers such as car dealers and backbuyers. However, there are some special auctions in which the main sellers are rental car companies who want to sell ex-rental cars used by corporate clients at the end of their contracts. (Not all the lease contracts have expired.)

The system is basically the same as normal auctions. Cars are brought in, bidders inspect them on the auction day, after checking their conditions, decide the bidding prices, write down the bid on a piece of paper and put it in the box provided. The auction place set the time limit, open the box and whoever submitted the highest bid wins the auction. (Usually the whole procedure is done by computer.) The difference from the normal auction is that in normal ones the price keeps going up every time someone places a new bid whereas in this one whoever submitted the highest bid can buy the car for their price on the spot. (This has to be higher than the price the seller sets beforehand though.) So, in a normal auction, if you are lucky you can buy a car cheaper than your original budget but in this special auction, it is whether you can buy it with the price you write on the paper or not: you cannot buy it at another price.

Although this sounds a bit unfair at the special auctions, because you do not have to keep bidding as the price goes up, if you do not have any competition, there is a good chance of buying cars cheap. Also, having a rental company as the seller, a high percentage of deals get completed without being cancelled.

Also, in most cases, clients sign up for an annual maintenance contract when they hire a car from a rental company, so their cars are well maintained. On the other hand, because the cars are not owned personally, so quite a few cars are not in a good condition externally and internally after being driven roughly and only for business purposes. I recommend you check the entry forms carefully and check the condition using a paid service if necessary. We, at JPC use these special auctions quite often. One of our customers in Africa checks details of listed cars every time and buys commercial cars such as Corolla van at reasonable prices. Sometimes they even have Mercedes Benz vehicles. Please log in from “My Page” of our website and check the listed cars.


★ 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