Posts Tagged ‘bid’

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 6 – TAA

July 1, 2008

TAA Japanese Toyota Auto Auction Logo

Official Website: taaweb.jp
Established: 1967
Locations: Chubu, Fukushima (Tohoku), Hiroshima, Kanto, Kinki, Kyushyu, South Kyushyu (Kagoshima; Minami Kyushyu), Okinawa, Yokohama
Auctions Held: Tuesdays, Thursdays, Saturdays

TAA (Toyota Auto Auction) is another type of auto auction found in Japan. This group of 9 auction house was created for Toyota dealers to sell any unwanted cars, such as older cars customers traded in while buying from the dealer. Not only are there such auctions available for Toyota dealers, but there is HAA (Honda), SAA (Suzuki), SUAA (Subaru), NAA/NTAA (Nissan), MAA (Mitsubishi), and IMA (Isuzu).

One advantage TAA has over most of it competing auto auctions is that they publish higher quality images of vehicles from the inspection. While most auto auctions have 300px by 225px photos of the cars, TAA saves photos at 640px by 480px. So in a real way TAA gives auction bidders a “clearer” picture of what condition the car is before the auction begins.

More information is available on the Japanese website: TAA Web (Japanese)

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