As per the market research of used cars , it has been addressed that the auction is sometimes
better and sometimes not good, it has positive and negative side if we consider it from the buyer
side but definitely, positive side has more weight as compared to the negative side, basically, the
cars auction in the open market where agent plays an important role. An agent is a key player in
the auction for the buying of the better things, so on the basis of research regarding an auction of
the used car below are some discussion points from which we can more deeply understand that in
which areas auction is good and in which areas auction is not in favor of the buyer with clear facts.
1. Can have a better price
In the auction of cars have big chance to get the good price because many cars with different
functions and options available in front of the agent where the selection of the best thing is easy
on the basis of their quality and appearance, due to the good quantity of used cars in the auction
initial price demanded by the member mostly begin with very low price. So, in that situation has
good chance to get the best car at a very reasonable price, because in the auction they are not
willing to gain more but they are willing to sell the maximum cars in a limited time because of the
heavy rush of used car stock also need space for the setting inside the auction stadium where time
is everything for them.
2. Quick sale system
In the exporting countries like Japan, they care for the proper system of the auction with the
transparency and time saving as on the daily basis they have to control big traffic of the used
cars in the auction area, so for them, the delay means to rush and loss of the commissions which is
not acceptable for them so that’s why they have a very smart system. In which all auction details
save properly with the agent’s name and interest areas which make things easier and more
comfortable for the processing, here you win the auction and at other hands with the proper
documentation, you get your car no need to wait too much that systems making all transactions
more quickly.
3. Safe and secure
As we talk about the auction system of Japan it is definitely safe and secure because the
transparency of the product with complete details inspected by the third party makes it
perfectly trustable for the buyer, which means what documents say on the screen about the
product is a hundred percent real. Further, it is the inspection team and the auction authority
responsibility if the car and documents have any difference which is also claimable very easily, at
other hand the payment matter is also too secure and single-handed with the automation process
which has no chance of fraud and theft at any stage during the buying process.
4. Fix standards
The auction of used cars in Japan has a fixed standard which needs to follow by all sellers and
buyers, this standard maintains a good trade environment, especially for the buyers, because
the seller has to predefine all things about the car with third party endorsement on the documents
physically and in documents which make standards. Furthermore, those standards also eliminate
the bad cars before entering in the auction because the predefine standard also does not allow
overage and bad quality cars to come in the auction and waste all associate time so the standard at
auction is actually playing filtration role which not allowing anything bad in the auction with its
control.
5. Big supply
The good thing in the auction is that many options are available to check as per the buying taste
because many cars in one location allow agents to check and select the best one for you in a
limited time, due to the big quantity sellers also not take a big jump in prices as this will not give
them anything as this is the competitive auction in Japan. A good quantity of cars always
benefits buying hand because of a perfectly competitive environment.
6. Best conditions cars
In the Japanese auction used cars conditions are very best, you can say near to the new because of
their standards and usage of the local user, mostly in the auction they bound sellers for pre-pass
the checklist of the standard which auto filter their conditions, so after that only best condition
cars mostly available for the auction.
7. Limitation for buyer
There is something bad about the auction also which is the negative side of the auction in Japan,
as in auction mostly agents are allowed to do all activities for the buyer, direct buyers are not
allowed due to system process so this is the limitation of the auction process in Japan, which is
somehow bad for the buyers because they can’t see the cars directly.
8. No warranty for auctions goods
The product which comes out through the auction process doesn’t have any warranty by the seller
and the auction authority what is in the document and in reality, in the same condition it will be
yours after the auction process no any claim and blame if the car perfectly matches with the
documents, so this is on other limitation of the auction. Furthermore, the return of the car is not
applicable after the auction process, which means either you like or dislike the car after buying
this is buyer property you can’t give it back and can’t get paid back as well, so this limitation is
also not attractive for the buyers where they feel bound in hands of agents.
9. Additional fee issue
One more limitation of the Japanese auction is that on the actual payment you need to pay more
amount for the agent commission and the auction processing charges which is not good for
most of the buyers because that additional payment is not attractive for them.
10. No pre-testing available
Further another upset for the buyers is no pretest drive available in the auction system, so it’s up
to the buyer to either go with the auction or go with direct buying, the Japanese used cars
exporter works in both areas, because they need to do export only.