AUTOSELECTA

Guide

How Japanese Car Auctions Work

By Patrick Wnuk2 min read

Front view of a black Honda S2000 AP1 showing the iconic headlights and grille design

Japanese car auctions sell more than 200,000 vehicles every week, through huge, highly organised auction houses, many run by groups connected to makers like Toyota, Honda and Nissan. They give buyers access to cleaner, lower mileage cars than almost anywhere else.

Cars lined up at a Japanese car auction

Every car is inspected first

Before a car is sold, a trained inspector writes its condition report:

  • damage is marked on a diagram, panel by panel;
  • scratches and dents are noted;
  • the interior is graded;
  • mechanical observations are added where needed.

That report is why buyers around the world trust these auctions, and why they bid on cars they have never seen in person.

Sold in about 30 seconds

Each car has a slot in its auction lane. When the slot opens, licensed buyers bid on a digital system, the price rises in small steps, and a typical car is sold in around 30 seconds. Buyers decide what a car is worth and set their limit before it starts. Preparation is what wins cars.

Only licensed members can bid, which is why private buyers abroad go through a specialist like Autoselecta.

Buy cars from Japanese auctions

Auction grades, briefly

Every car has an overall grade, from S and 6 for new or nearly new down to R and RA for repaired cars, plus a letter for the interior. The highest grade isn't always the best buy: mileage, repair history, rust, originality and mechanical condition matter too. We translate every auction sheet before you bid. See how Japanese auction grades work.

How Autoselecta bids for you

  1. Choose your car from this week's auctions and read its translated auction sheet.
  2. Set your maximum by 9pm UK time the evening before the auction.
  3. Pay the deposit: for a maximum up to £30,000, £2,000 held on your card and only taken if you win; above that, 10% of your maximum by bank transfer, sent back if you don't win.
  4. Our licensed agent bids in Japan when the car enters the lane.

An Autoselecta agent bidding at a Japanese auction

Your maximum isn't your price. If competition is light, you may win well under it. When someone bids against us, we raise the bid in small steps, and we never go above your limit. You pay the winning hammer price plus our fees.

If the car doesn't reach its reserve, the auction house may offer it at a fixed price straight after, or it goes back into a later auction. Either way, we'll tell you what we learned about its value.

Start with this week's auctions

View this week's auctionsHow buying from Japan works

Questions? WhatsApp +44 7908 911 247 · Email hello@autoselecta.com

Standout cars at auction

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