Posts Tagged ‘AAAi’

Japanese Auto Auction Series Part 7 – ORIX

August 8, 2008

Company: ORIX
General Website:
Locations: Kobe, Atsugi, Nagoya, Fukuoka
Auctions Held: Tuesday, Wednesday, Thursday

In continuation to our series on different auto auctions in Japan, I would like to present ORIX Rental Service Auctions. ORIX is a major rental company in Japan and Asia. Like most rental companies, cars must constantly be replaced with new, more attractive. So you might wonder where that car you rented a few years went? Well most like for ORIX cars, they were probably auctioned off to smart buyers.

One benefit of buying from a rental company’s auction is that you know all the cars are from the same owner. That means there is a roughly the same owner’s care to all the cars presented. Also, the cars would’ve been reguarly checked and serviced by their mechanics. As a rental company, they will want to recover as much value from the car as possible and most likely wouldn’t neglect the cars condition.

One thing to note is that this auction is “Nyuusatsu”. That means you just place a bid once instead of “battling” your way up. All offers are collected and the person with the highest bid wins. This is different from the typical, but it has some benefits. For example, the agent is not wasting time on the actual bidding process and can spend more time on other things like inspecting.

Buying from rental company auctions, such as ORIX’s, has many benefital aspects. Having your exporting agent able to check their auction would be useful, especially for cars and trucks you would expect in a rental fleet.

Related:
Japanese Auto Auction Series Part 1 – USS
Japanese Auto Auction Series Part 2 – JAA
Japanese Auto Auction Series Part 3 – Zip
Japanese Auto Auction Series Part 4 – AAAi / ARAI
Japanese Auto Auction Series Part 5 – Bay Auc
Japanese Auto Auction Series Part 6 – TAA

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Japanese Auto Auction Series Part 4 – AAAi / ARAI

May 12, 2008

Official Website: www.araiaa.jp
Established: 1920; Incorporated: 1956
Number of Auction Sites: 4
Auctions Held: Tuesday, Thursday, Friday, Saturday
Locations: Bayside, Fukuoka, Oyama, Sendai

This auction company has two names attached to it which can be confusing. Don’t be mistaken, it is one company being referred to: ARAI. AAAi simply means “ARAI Auto Auction international”. They have this longer name because they are capable of directly shipping the vehicles from the auction. This can reduce you FOB costs if your export agent takes advantage of this offer.

ARAI is a very diversified auction group in that they have many specialised auction meetings. On Tuesdays they have two locations where they sell 2 wheelers (motorcycles and such), Bayside and Fukuoka, and one location, Sendai, that sells four wheelers (cars). On Thursdays, Oyama has a 4 wheeler (car) auction. On Fridays, Bayside then switches to also sell cars. Finally on Saturdays, Oyama opens up an auction called VT auction (Van & Truck) specialising in the larger vehicles of the market such as commercial vehicles.

ARAI Auto Auctions provides a large assortment of vehicles to choose from and somewhat sorts them out according to type. This is useful for your auction agent (your exporter) to organise his schedule better to fit more auctions in for you.

For more information about other Auto Auctions such as ARAI/AAAi, join our Newsletter.

Related:
Japanese Auto Auction Series Part 1 – USS
Japanese Auto Auction Series Part 2 – JAA
Japanese Auto Auction Series Part 3 – Zip