DEPOSIT
If you have found a car you like, get in touch and tell us the price you want to bid with. The car may of course be bought for less, and once bidding passes the amount you set, we stop bidding. After the auction we will provide the lot's sale report, showing the final sale amount in Japanese yen.
Once you have paid the deposit on your bid, wait for the auction. If you do not win, the deposit is refunded, or you can leave it as security towards a future purchase.
The deposit is paid as follows:
- 13 % deposit — for a car priced up to 5 million JP¥ (€30,000).
- 20 % deposit — for a car priced 5–10 million JP¥ (€30,000–60,000).
- 25 % deposit — for a car priced 10–25 million JP¥ (€60,000–150,000).
If you win the bidding but do not pay for the car within 48 hours, the deposit is not refunded. The car stays at the auction and will be sold in a future sale.