Auction result for SUZUKI JIMNY

Hi there. This is JPC’s Newsletter #16.

What do you think happened to the Suzuki Jimny I told you about in the issue #15?

We took it to auction. 1 week before the actual auction, we asked our transport company to take it to the USS Tokyo, the biggest car auction place in Japan. Here are the details on the slip.

Hey, they are professionals, aren’t they? Because they ask us sellers to list up all the history, I wrote “R Repair” on the slip. The inspector mainly checked there, picked all them right as “Rear panel repaired”, “Rear floor repaired” and “Left rear inside panel clamp repaired”.

Details of the sites:
・Rear panel: Inside of the rear bumper, the first part got bent as a result of the accident
・Rear floor: The floor you put luggage, was also pushed in
・Left rear inside panel clamp: Inside the rear tyre, which was also pushed in, so we used the machine to flatten the part

We were auction #2, thanks to the early delivery. We discussed with the seller that he would want to sell it over JPY900,000, so we set JPY900,000 as the expected sale price and went there first thing in the morning.

The result? Unfortunately, we did not make the sale. The highest bid was JPY885,000. With that small difference, we did not make a sale.

This means, although someone bid JPY885,000, it did not reach our expected price (which was unknown to the bidders), they could not sell it for us. We told this to the seller and decided to try again the next week with a lower price. At auction, they charge JPY10,000 whether you made a sale or not, so if you set the price too high and do not make a sale, it is going to cost you heaps just in the fees. We calmly put the price of JPY880,000 based on the last highest bid.

So the result? This time, we made a sale for JPY880,000. Well, the buyers are professional too. They only bid at a similar price as that of the week before. Of course we wanted it sold with a higher price when it was almost perfectly fixed, but it was the price that we wanted to sell it for anyway, so never mind. We then informed the seller, taking the cost of the panel repair and our fees, we paid him about JPY450,000. The seller was happy because he ended up with JPY150,000 more than selling it through large car purchasing companies.

Lately, because of sudden rises in oil prices, some people sell big uneconomical cars and buy smaller ones, and some even get rid of their cars all together; we, at JPC are selling more cars than buying them. We listen to what our customers want, try finding the best solution for them and provide the best possible service to all our customers.


----------------------------------------------------------------------------------------------------------------------------
★ 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