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1. AUCTION GRADING GUIDELINE

2. AUCTION HOUSES

LIVE AUCTIONS


USS Auction Group: (Used Car System Solutions)

USS is the largest auction group in Japan having highest market share in dealing with Japanese used vehicles. There are auctions running Monday through Saturday, often with multiple auctions on any given day. Locations are from the north Hokkaido Island to the southwest Kyushu Island and everywhere between. USS Tokyo is the largest single auction in Japan running every Thursday.


Being the largest auction group nearly all dealers in Japan will be members of this auction. This provides a very large number of vehicles available, but also a lot of competition for buying.


TAA: (Toyota Auto Auction)

Toyota Auto Auction is a well-known and popular auction in Japan. Dealing heavily in Toyota models by providing services to new and used Toyota car dealers, we can find a good selection. TAA Auction is also one of the most strict grading auctions with a strong effort that what is described on the auction sheet will reflect as close as possible the condition of the car. A grade 3.5 car at Toyota Auction will often quality for a grade 4 or higher at other auction groups.


CAA: (CHALLENGE ADVANCE ASSIST)

CAA has 4 Auction Locations which run on Tuesdays and Wednesdays each week. Their main location is CAA Chubu in the Nagoya area in Toyota City which is also the home of Toyota Motor Company. This auction location averages 5,000 car exhibits each week.


JAA: (JAPAN AUTOMOBILE AUCTION)

One of the first auto auctions JAA was the first auction to conduct sales within Tokyo City. It is popular for local used car dealers because it is conveniently located within the city. There are about 3,000 vehicle exhibits per week on this auction which runs each Wednesday.


HAA: (HANATEN AUTO AUCTION)

Hanaten auction has locations in both Osaka and Kobe. Hanaten Osaka is a small auction running every Thursday. Hanaten Kobe auction averages 5,000 – 8,000 vehicle exhibits and runs every Saturday. These auctions are in close association to the JAA Auction and work together as a group.


JU GROUP: (JAPAN USED CAR DEALERS ASSOCIATION)

JU Group is a collection of smaller local auctions across Japan. With the exception of a couple larger JU auctions displaying 2,000 – 3,000 cars a week, most are individual small auction with fewer than 1,000 exhibits each. Individually they are small, but as a group they give small local dealers a place to sell trade-in units and help add to the wide selection of vehicles available for sale in Japan.


AAA: (ARAI AUTO AUCTION 荒井商事)

Arai Auto auction has just 3 locations, but it includes on locations focusing mainly on trucks and commercial equipment such as loaders, cranes, backhoes, etc. Passenger car auctions are smaller and cater towards older vehicles for export markets.


BayAuc: (BAY NET AUCTION)

BayAuc runs weekly on Wednesday and generally has 2,000 – 3,000 vehicle exhibits per week. They have a variety of vehicle types and years and are a good source of export vehicles. With many exporters as members prices can sometimes be high for popular export models.


ISUZU UMAX: (ima-net ISUZU MOTOR AUCTION INTERNET SERVIC)

ISUZU Auction group has 3 locations running each week. They focus almost entirely on trucks and commercial vehicles, with probably 90% of listed units being Isuzu Make. Isuzu Dealers will buy and sell their stock and trade-in units frequently at these auctions. It is a very good source of trucks large and small.


KCAA: (KYUSHU CHUO AUTO AUCTION)

KCAA is a small auction in the South-Western Japan Island of Kyushu. Kyushu is a very large island and has various auctions from various auction groups. But some more remote locations have few options to sell or trade-in vehicles, so these locations can give a good chance to catch a low price on some cars. However, being far from the main ports, what is saved on purchase price can often be taken for expensive transport from auction to the nearest port for export.


LAA: (LIGHT AUTO AUCTION)

LAA has 2 locations and both are quite small with under 1,000 vehicle exhibits listed each week. With good knowledge of the auction grading there are chances to get good deals at these small auction locations, but it is important to know how to understand the auction sheet comments to avoid unwanted problems.


Honda Auto Auction Group

Running in multiple locations across major cities in Japan on Monday, Honda Auto Auction will be essential for those focusing on Honda manufacture vehicles. Other vehicles are sold at these auctions, but their main focus is as buy and sell location for Honda car dealers and lease/fleet liquidation needs.


NAA (Nissan auto auction)

Focusing on locations in the three major cities of Tokyo, Nagoya, and Osaka, NAA Auctions address the needs for dealers buying and selling Nissan brand vehicles. All auctions will carry vehicles of various make, but NAA focuses on catering to the needs of dealers working mainly with Nissan models. It is a good source of these vehicles.


TENDER AUCTIONS


ORIX: (ORIX AUTO AUCTION)

ORIX is a fleet and lease liquidation auction service. Rental companies and large corporations will send their vehicles in bulk under contract to ORIX Auction locations.


It is a “Blind Tender” style auction which means that buyers can put only 1 bid prior to close of tender period (generally around 2pm in the afternoon). At that time all bidding closes, and the auction will tally and sell the car to the highest bidder at the price they put. This means you can’t see what price others are bidding, and if you are the winning bidder you get the car at your tender price. There is no possibility to buy a car for less than the price you tendered. There is also no control over how many units you buy. If you place a tender on 10 units you may be the winner on all 10 and must therefore purchase all 10. You cannot cancel a tender after the time limit has passed.


L-UP: (LEASE-UP PARTNERS TENDER)

L-Up Partners is another fleet and lease liquidation auction service. Rental companies and large corporations will send their vehicles in bulk under contract to L-Up Partners Auction locations.


It is a “Blind Tender” style auction which means that buyers can put only 1 bid prior to close of tender period (generally around 2pm in the afternoon). At that time all bidding closes, and the auction will tally and sell the car to the highest bidder at the price they put. This means you can’t see what price others are bidding, and if you are the winning bidder you get the car at your tender price. There is no possibility to buy a car for less than the price you tendered. There is also no control over how many units you buy. If you place a tender on 10 units you may be the winner on all 10 and must therefore purchase all 10. You cannot cancel a tender after the time limit has passed.


SMAP: (SPACE MOVE AUCTION PARK)

SMAP is another fleet and lease liquidation auction service. Rental companies and large corporations will send their vehicles in bulk under contract to SMAP Auction locations.


It is a “Blind Tender” style auction which means that buyers can put only 1 bid prior to close of tender period (generally around 2pm in the afternoon). At that time all bidding closes, and the auction will tally and sell the car to the highest bidder at the price they put. This means you can’t see what price others are bidding, and if you are the winning bidder you get the car at your tender price. There is no possibility to buy a car for less than the price you tendered. There is also no control over how many units you buy. If you place a tender on 10 units you may be the winner on all 10 and must therefore purchase all 10. You cannot cancel a tender after the time limit has passed.


NPS FLEET AUCTIONS: (NISSAN PALUZASORU TENDER)

NPS is another fleet and lease liquidation auction service. Rental companies and large corporations will send their vehicles in bulk under contract to NPS Auction locations.


It is a “Blind Tender” style auction which means that buyers can put only 1 bid prior to close of tender period (generally around 2pm in the afternoon). At that time all bidding closes, and the auction will tally and sell the car to the highest bidder at the price they put. This means you can’t see what price others are bidding, and if you are the winning bidder you get the car at your tender price. There is no possibility to buy a car for less than the price you tendered. There is also no control over how many units you buy. If you place a tender on 10 units you may be the winner on all 10 and must therefore purchase all 10. You cannot cancel a tender after the time limit has passed.


AUCTIONS DATA WEBSITES


i-AUC: (INTERNET AUCTION)

i-Auc is an Auction Data Gathering Website. This company is not an auction itself, but rather collects the data of the auctions going on in Japan and displays them within it’s website. In this sense it is convenient to users that wish to check multiple auctions at the same time. However, to purchase through i-Auc will have increased fees compared to being a direct auction member and purchasing directly from the auction itself.


i-Auc does list vehicles for AUCNET and hold that online auction on Mondays, but AUCNET vehicles are cars located at the yards of AUCNET members. There is not a centralized auction house like the standard auctions in Japan.


i-Auc also lists “One Price” and similar after auction vehicle sales. See below “One Price” section for details.


ASNET: (AUTOSERVER NET)

ASNET is an another Auction Data Gathering Website. This company is not an auction itself, but rather collects the data of the auctions going on in Japan and displays them within it’s website. In this sense it is convenient to users that wish to check multiple auctions at the same time. However, to purchase through ASNET will have increased fees compared to being a direct auction member and purchasing directly from the auction itself.


ASNET does list vehicles for AUCNET, and posts that online for auction on Mondays. However, AUCNET vehicles are cars located at the yards of AUCNET members. There is not a centralized auction house like the standard auctions in Japan.


ASNET also lists “One Price” and similar after auction vehicle sales. See below “One Price” section for details.


OTHER AUCTION SERVICES


ONE PRICE AUCTION LISTING: (AKA “ONE CHANCE, ONE CLICK, etc…)

“One Price” and similarly named vehicle listings are services provided by the auction houses to vehicle sellers. Essentially, if a seller lists a car at auction and the bidding does not meet the reserve price the seller does not sell the car. The auctions will encourage the seller to re-list the car in the same auction the following week.


As an added incentive, some auctions provide a “One Price” listing service during the week where the seller can list the car at his/her desired sale price. If the car does not sell during the week it is run again through the auction on the auction day. Sellers can continue to do this until they sell the vehicle or remove it from the auction yard.


t is a promotional method used by auctions to encourage sellers to list vehicles and keep them in the auction until they sell. Prices are often a bit higher than average auction prices, but they give the opportunity to instantly buy the car if you have a customer who needs it immediately.