Posts Tagged ‘jaa’

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 2 – JAA

April 23, 2008

JAA Japanese Auto Auction

Official Website: www.jaa.co.jp

Founded: 1971
Number of Auction Sites: 2 throughout Japan
Auctions held each Month: 10-14
Number of Cars Available in 2007: nearly 700,000 (Includes HAA Kobe, part of the JAA group)
Number of Cars Sold in 2007:nearly 365,000 (52.2%)
Locations: JAA Tokyo, JAA Tsukuba, HAA Kobe, JAANET (Satellite), JAAWEB (Internet)

Calling themselves the “Pioneer of The Japanese Automobile Auctions”, JAA is the oldest operating Japanese auto auction group in Japan. The continue to carry a good reputation that allows them to continue to compete. On the negative side, they are know to not have all the technological advancements that the larger, newer auctions have. That being said, they a higher sell completion rate than USS group.

Not many locations, but they are a noticeable part of the non-specialty used passenger car market. If your looking for a everyday car from Japan, the typical Nissan or Toyota car, you should watch their 3 locations.

Related:
Japanese Auto Auction Series Part 1 – USS Group

Japanese Auto Auctions

January 3, 2008

Well, the Holiday season has passed and now we’re in 2008. I had an excellent time with friends and family. Anyways, to the subject Japanese Auto Auctions:

When exporters are looking for a reliable source of supply for their customers. They often turn to Auto Auctions as the best source. The reason? Well, almost all of them give impartial assessments (NAA Nyuusatus just sells as-is) in their Inspection Sheets, there is a large section to choose from, and there is a reduced risk of getting cheated (most AA allow you to return a car that is below the ratings they give it). An auto auctions sells are directly linked with how many shoppers use their auctions so they are buyer orientated.

Other options exporter have as sources are usually dealership or individuals. Dealerships are quite expensive compared to the other choices so they are usually the least desired. Individuals (such as those found on Yahoo! Japan Auction) are rather risky as they generally have no reputation to maintain (unlike businesses) and can very well cheat you with a much worse off car than you expect.

There is a famous case in New Zealand where this inexperienced import bought a car from an individual for a friend. Ended in court which determined ultimately the friend (the actual buyer) was responsible (not the inexperienced importer) because they were both willing to continue the purchase even though they knew the risks involved. So this is why you should choose a good partner (whether your using an exporter in Japan, or a importing agent in your country) to help you import the right car.

This is why exporter use Auto Auctions as their primary source. You should realize though that exporters are not the main buyers in Japanese auto auctions. They are in fact a very small group of people who use the Japanese auto auctions. Most people buying at the auctions are usually used car dealers in Japan trying to add to their stock.

Next week I’ll add some more info on Auto Auctions.