If you have found machinery you like, get in touch and tell us the price you want to bid with. It 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 auction, the deposit is refunded, or you can leave it as security towards a future purchase.

The deposit is paid as follows:

• 13 % deposit — for machinery priced up to 5 million JP¥ (€30,000).
• 20 % deposit — for machinery priced 5–10 million JP¥ (€30,000–60,000).
• 25 % deposit — for machinery priced 10–25 million JP¥ (€60,000–150,000).

Once you win the auction, we will calculate the amount payable so that we can begin purchasing the machinery and moving it to the port. After the brokerage agreement is signed, we expect the transfer to the MB JPVIN bank account within 48 hours.

If the deposit is paid but the balance is not settled within 48 hours, the deposit is not refunded — the machinery stays in Japan and will be sold in a future sale.