Posts Tagged ‘JDM’

Exports and the Economies

October 14, 2008

Right now the world is experiencing ups and downs in its economy. Besides US, Japan also has been affected. What about your country?

Data has not been yet produced (we’ll have to wait about a month), but has it been affecting your sells/purchases? While nations connect more directly to Western nations haves seen some fall, the are also many nations that continue to experience growth. Please let us know how your nation is doing in the comments section below.

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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

Importing Japanese Car Info Video

June 19, 2008

A little video for your enjoyment with a little reminder of where to go for information on importing Japanese used cars from Japan.

Bangladesh Proposes Higher Import Duty on Used Cars

June 12, 2008

In the proposed budget for the 2008-09 fiscal year (FY) the government has suggested the following:

  • 20 per cent SD (Supplementary Duty) on vehicles of up to 1500cc
  • 60 per cent SD on vehicles between 1,501 and 2,350cc
  • 100 per cent SD on vehicles between 2,351cc and 3,500cc.

This rates are only applied to used, also called reconditioned, cars. It may change before the budget is put into effect as the Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) argues it should be reduced.

BARVIDA believes that raise the taxes on reconditioned car imports will hold back the current progress the economy is experiencing. The connection is that many small and medium businesses rely on the cheaper used car imports to do their business. We will have to see what comes as most vehicles imported come from Japan.

– Source: The Daily Star

Japanese Auto Auction Series Part 5 – Bay Auc

June 6, 2008

Bay-Auc - Japanese Auto Auction in Osaka, Japan

Official Website: www.bay-auc.com
Founded: 1977; Established: 1982
Location: Osaka; Patners: MAA, SUAA
Auctions Held: Wednesday

Bay Auc is a well known auto auction in Japan. One particular advantage this auto auction has over many other auctions is its location. It is situated in an very good location in Osaka, one of the biggest international shipping ports of Japan. The city itself is second only to Tokyo in economical power. You will find that many Japanese used car exporters are either based in the Osaka area or heavily use the Osaka Port for shipping vehicles.

The car auction promises to exhibit at least 3,500 to 4,000 cars every Wednesday starting at 9 AM. It has two simultaneous auction “lanes” running at 400 images an hour. Auction lanes are where they have more than one car being auctioned at any moment. This makes getting through the thousands of cars possible. Bay Auc is not the biggest auction, but they do a good job and have many cars to go through.

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

Putin Tightens Import Taxes for Used Cars

June 3, 2008

Recently, the new Prime Minister Putin held a meeting on the condition of the Russian motor vehicle industry. In his opinion, foreign cars are stifling the success of national brands of Russia. To raise the competitiveness of Russian car makers, used car imports will now have higher taxes at a younger age.

Before the tax wall to keep out old cars from Russia was at 7 years and older, now importers will need to pay an considerable more if the car exceeds 4 years of age. Currently, we don’t know what the exact rates table will be, but we’ll let you know when we do.

Vietnam Plays with Tariff Rates, Business Confidence Drops

May 27, 2008

Within the last 16 months, the Vietnamese Government has changed the tariff rate for importing vehicle 5 times.

The current rate of 83% – effective since April 22nd – was particularly effective at dropping business confidence given that it was put into effect on a one day notice. All previous agreements were charged the new rate despite the fact they were made well before anyone new of the new rate.

Luckily for importers and exporters alike, Vietnam not to long ago joined the WTO which put a ceiling on how much the tariff rate can go up. So importers shouldn’t expect more raise unless Vietnam plans to violate their WTO agreement.

New Rules for Importing Vehicles in Iran

April 21, 2008

Iran’s Ministry of Commerce has announced new regulations for import of vehicles as a measure to ensure only the latest models get into the country.

Nourlaw.com reports that the Technical Committee for Vehicles has informed importers that in the current Iranian year (March 21, 2008 to March 20, 2009) following registration and entry of the vehicle through an official customs post the vehicle must not have passed one year since the date of its manufacture if it is a passenger car, two years for trucks and five years for motorized construction and mineral extraction machines.

The new regulations are in accordance with the by-law of the regulations for imported vehicle.

Source: Press TV

Get more information on importing from our Newsletter.

Japan Used Car Auctions: Not Only Japanese

March 21, 2008

When you think of Japanese used car auctions, you immediately think: Toyota, Nissan, Honda, Suzuki, Subaru, etc. But Japanese make cars aren’t the only cars you can get in Japan. Did you know that there are thousands of non-Japanese used cars going through auction in Japan everyday?

Seriously, the big auctions have sold today (this Friday): 1,012 Mercedes-Benz, 777 BMW, 412 VW, even 166 Mini. Over 230 Chrysler, 113 GM, 230 Volvo, 182 Fords, 106 Chevrolet, and hundreds of other foreign made cars.

If you are in a country that doesn’t have direct access to a particular brand, you could buy it at a Japanese auto auction and have the vehicle imported from Japan. For more information on exporting and importing used cars from Japan, you can visit JUCE.info.

Another reason to buy non-Japanese used cars in Japan is because you will be able to get a cheaper car than importing from another country while the condition of the vehicle has been kept very well. For example, there is a classic that you can buy in your country, but it will cost you a ton of money. You might be able to find the same car for a cheaper price and better maintained in Japan. Many exporters will allow you to use their access to search auto auctions for free if you register with them.

Just to point out, there are many auctions that auction foreign cars in Japan. There are also some Auctions that specialize specialize in Import Vehicles (into Japan) that have many foreign vehicle. One example is Zip Toyko and Osaka. For more information on other auto auctions, visit this Auto Auction In Japan List.

Information Seminars On Importing Vehicles Into Canada

March 17, 2008

Canada Border Services Agency has begun holding free seminars in various cities throughout Canada about importing cars into Canada. These seminars are very helpful and informative to anyone thinking about purchasing a vehicle in another country and importing it into Canada.Typically these seminars will have 5-8 guest speakers from various government agencies, including Canada Border Services agency, Transport Canada, RIV, and the Ministry of Transportation of Ontario.Topics covered include:

  • requirements
  • documentation
  • prohibitions
  • costs
  • regulations of the Canada Border Services Agency, Transport Canada, Canadian Food Inspection Agency and the provincial government

Attendees will be given helpful literature and example paperwork related to importing vehicles into Canada. There is also time given to address specific questions or concerns that you may have about the importation process.

For dates and times of the seminars, or to register for a seminar in your area visit the Information Sessions and Seminars section on the Canadian Border Services agency website.

Source: ImportCartoCanada.info

If you don’t feel like going to a seminar or waiting, you can get much info on importing from Japan into Canada used cars at:

Japanese Used Car Exporting.info – Importing Help For Canada

More Caribbean News

March 6, 2008

Dominican Republic, a Spanish speaking nation, have put a 5 year age limit on cars imported. Any car imported that is over 5 years old from date of manufacturing will face a hefty fine determined by the Republic’s Customs.

Dominica, a English speaking nation also in the Caribbeans, have put a 4 year age limit on cars imported. Any car imported that is over 4 years old from date of manufacturing will face an additional 140% excise tax.

Trinidad and Tobago Introduces Import Licenses

February 26, 2008

In an effort to manage vehicle imports (particularly from Japan) more effectively, the Trinidad and Tobago Government has started issuing Importing Licenses from the beginning of the year.

It is not clear whether only dealers can apply for and receive such licenses or if it is available for anyone. But the effects can already be felt. Because of this transition of requiring a licenses was started this year, many importers lost thousands of dollars after not having the proper documents to import the vehicle. If a car importer doesn’t not have a licenses from now on, they will not be able to clear the car.

So far over 350 foreign used car dealers have this license.

Australian Import Duty Going Down in 2010?

February 5, 2008

A little tidbit of information I’ve found. I don’t know if it will go through or not, but according to the 2007 Australian Customs Tariff Schedule, we may see the Duty rate drop from 10% to 5% in 2010. Here is what it says:

Tarrif Numbers 8703.21, 8703.22, 8703.23, 8703.24, 8703.31, 8703.32, 8703.33, 8703.90
—-Used or secondhand vehicles

10%, and $12 000 each [that is $12,000 if you fail to get import approval before arrival]

From 1 January 2010:
5%, and $12 000 each [same as above]

Source (PDF)

If that is true, that will make importing even cheaper for Australian looking to import JDM. Hopefully it gets through.

For more information on Importing to Australia, and other countries, visit:

http://japan-used-car-exporting.info/import/

Used Car Exports Up 2007

February 1, 2008

Japan’s Ministry of Finance gives the used car exports industry a chance to look at snapshots of what progress is being made by giving monthly and yearly statistics. In review of 07, there is some big increases especially in Russia, and an increase year to year from 06.

More details (semi-technical) after the break… (more…)

Interact on Japanese Import Forum

January 30, 2008

Hi all readers,

If you need some help on importing Japanese used cars, you should check our sister location:

www.JCarsNow.com/jdm/

It a great place for you to ask questions on many topics:

Buying from Japanese auto auctions or from dealer’s/exporter’s stocks, exporting, shipping, importing, customs, and of course, the cars themselves. Share your importing experiences and suggestions with others. You should find me online there everyday if you need help. Because it is a forum, rather than a blog, you should be able to interact a lot more over there. Enjoy!

Japanese Auto Auctions (Part 2)

January 11, 2008

Start of where we left off (see Part 1), I will continue to explain some more aspects to Japanese Auto Auctions. The last article was about why exporters (also called bidding agents in these situations) choose auto auctions as their primary source for cars and the importance of picking a good partner for the Japan side of buying. This article will explain what types of auto auction are in Japan, and their benefits and disadvantages.

Japanese Auto Auctions: Types of Auctions

There are many auto auctions in Japan. Some are bigger than others, but you can easily categorize them into four types:

Independent Company Auctions

  • Many and are generally on the smaller side.
  • Might show between a couple of hundred and over 10,000 cars a month.
  • Examples would be NDAA, SAA (Sapporo AA), and the larger Zip.
  • Either sell everything, or they specialize.
    • For example, Zip sells a lot of imported cars (non-JDM) and TUS specializes in motorcycles.

Manufacture/Dealer/Rental Auctions

  • Set up by major dealers and/or manufactures to sell off used cars from different places.
    • For example, Toyota dealers can sell off trade-in cars at a TAA auction site.
    • Rental companies, such as ORIX, will have auctions to sell off their old vehicles.
  • Other examples would be SUAA (Subaru), SAA (Suzuki AA), HAA (Honda AA), and NAA (Nissan).

Auction Groups

  • Control large shares of the market.
  • Organized as either as a union of independent auction, a single company, or subsidiaries under one company.
  • The main AA groups are: JU Group, USS Group, and ARAI (also called AAA – Arai Auto Auction) Group.

Online/Satellite Auctions

  • Operate solely, or at least mainly, by internet or TV Satellite.
  • Some have their own stock, and some auction on the behalf of other auction companies.
  • Examples are AUCNET, ASNET, GAO!, and HERO (also called Hiro).

What’s special about Japanese cars? (PART B)

December 4, 2007

Why would somebody be interested in importing a car? What would be its benefit?

In part A, I highlighted that JDM vehicles (those made for Japan) are made with more variety and technology. In this part, I want to focus on the condition of cars and how importers benefit.

The first thing that must be realized is that owning a car in Japan is Expensive! With this fact, the old proverb “Where your treasure is, so is your heart” can be easily applied here also. Your typical car owner, keeps their vehicle much cleaner than most of their American, European, and worldwide counterparts.

Yes, Japanese are found smoking, drinking (non-alcoholic) beverages, and eating just as others, but you will find much less cars with smashed chips ingrained in the carpet, spills spots on the seat fabric, and other “used” marks. If you are buying from auctions, you will have detailed notes if their are any interior flaws.

For most people, interior is important, but the exterior is even more important. For Japanese, when buying used, the want to know any flaws externally and all inspections sheets have a section specifically for noting any damage. Very often, you will find cheap used cars with no external flaws or at most a few small scratches.

Again, when buying, you’ll have professional assessments to consult. Additionally, in Japan roads are not salted during the winter which reduces cases of rust to very low levels.

Mechanical conditions on Japanese have many things preventing get bad apples. Not that every car in Japan is mechanically in excellent condition. Nevertheless, in Japan a vehicle must have a very stringent and expensive car inspection called “Shaken”. This promotes people to keep their cars well maintained.

Additional benefits are that the Japanese have among the smoothest road is the world making shock waring much lower. Japanese people also generate little mileage on their cars. You can find 9 year old cars with less than 90,000km and most cars most used-cars are running less than 100,000km on their odometers.

Stay tuned for more reasons Japanese imports are worth the effort.

What’s special about Japanese cars? (PART A)

November 21, 2007

Why would somebody be interested in importing a car? What would be its benefit?

This part A of a series.

These are question common among people who live outside the JDM world. This because they aren’t familiar with it, just as they aren’t familiar with the acronym JDM (which means Japanese Domestic Market)

For a car to be JDM isn’t just merely any car from Toyota, Nissan, Honda, etc., but rather any car designed, built, and marketed with the Japanese society in mind. For example, the Toyota Allion or the Nissan Figaro. This are called exclusive JDM cars as they were JDM car and where sold only in Japan.

There is another type of JDM cars, as you might guess, that are designed, built, etc. for Japan, but were/are sold in other countries, often re-badged. For example the Toyota Hilux Surf is the same as 4Runner and Toyota Rush is also sold as a Daihatsu Be-go. Also look at the Subaru line-up. The line between a non-exclusive JDM car and merely a Japanese make car is thin and some people consider them the same.

So in-route to answer the first question, I would like to point out the source of their “specialness” is the JDM competitiveness. Most countries don’t manufacture vehicle and America, one of the biggest automotive industries in the world, only has the “Big Three”. In contrast, Japan has Toyota, Honda, Nissan, Mazda, Mitsubishi, Suzuki, Subaru, and Daihatsu producing cars and Hino, Isuzu, and Mitsubishi Fuso which mostly focus on the larger transport industries.

Because of the more competitive nature of Japan, there is more choices of models and sub-models/types that are offered that aren’t sold elsewhere. Also there are more technological advancements being introduced all the time. Navigation system are standard nowadays and many cars have much more advance systems for safety, performance, economical, and ecological purposes.

To put it simple, one point for why JDM cars are special is that there is more variety and they are more technologically advance (even compared to comparable Japanese make cars outside of Japan).