Japanese Cars for Everyone!

FINYKOS

HOW TO BUY!

Five easy steps!

The process of purchasing a vehicle in Japan depends on the methods that you choose. Two methods are the most practiced among many: 1) buying from the requesting company owned stock, and 2) bidding in the auctions; The first one is the easiest way - the vehicle and documents are ready to go. You need just to pay and wait for the shipping of a vehicle. The second method is comparably time consuming, however, the most popular one.  So, what is the difference between the two mentioned methods? The difference is stocks offer you limited options, while auctions give you much wider chance to get desired vehicle(s). Below, we try to explain particulars of buying from the auctions.
There are five steps to buy vehicles in the auctions and to ship them. Although these steps may differ depending on the country of final destination, the basic elements are the same. Please feel free to browse through the following lines to get the details of the buying and shipping process. If you still need any help, please let us know.

Step One. Depositing or customer payments assurance.

Deposit. In order to start purchasing used vehicles from auctions or other available sources such as stocks of external dealers and/or private sellers, you need to make your initial depositing. Deposit will give us a confidence in seriousness of your intentions to complete the payments for your ordered vehicles. Deposit varies based on the types or cost of the vehicles. However, for the normal cars up to five hundred yen, deposit amount is $900 USD or 100,000 JPY. For relatively expensive cars, non-self moving vehicles, machinery and boats, different deposit system will apply. Please, contact us for details. For the purchases of Autobidnet stock cars and offers no deposit is required.
(Deposit will get annulled automatically if customer refuses to pay the vehicle after it was purchased in the auctions or outside stocks by customer's order)


Step Two. Access to auctions.

Auto Auctions. Upon confirmation of receipt of your deposit payment, you will be granted with the dealer access to auctions. We will instruct you how to handle with auction lists and making bids. If you know how to do it – that’s great. Once you are ready to make bids, select the desired lots and send us the orders (bids) to buy vehicles.

Step Three. The buying process.

Buying a Car. Upon receiving of your application-order (or bid list), we will thoroughly check the auction inspection list and learn the condition of the vehicle that you want to make a bid. Thus, the quality of purchasing vehicles are the main point of our work. Buying of problematic vehicles (such as engine noise, heavy oil leaks, defects in transmission and driving parts, considerable corrosion, and so on) are excluded, except the cases when customers request to buy these kinds of vehicles. 
* The company does not guarantee the technical integrity of crushed and damaged vehicles, and units with emergency grades on auction lists, and will not accept any claims about them. Also the company shall not bear any responsibility if the customer purchases the vehicle with unintended color, makes a mistake in selecting the proper type of transmission (automatic or manual), and the drive (2WD or 4WD). It is the customers’ responsibility if they mistakenly purchase undesired vehicles by their orders as well. Last, but not least important point: we ask you carefully check the manufactured year and month of each vehicle by yourself before you bid. If you feel difficulties on this issue, just consult with us.

Step Four. Lucky BID!

Bidding. Once you have finished with the selection of necessary lots, set a budget and place a bid. Further, we will take care bidding in the auction. After a successful bid, we will issue an invoice. Five banking days are given to complete the payment. Make sure that all the banking data shown in the Invoice is correctly entered in your banking payment application. Please, double check the correctness of the payment document and send money. Even tiny inaccuracies can be fraught with money transfer delays, and hence cause delays in shipping of vehicles. Usually, we receive payment the next day, in some cases from two to three days. Please, keep banking TT copy until you get the confirmation about your payments receipt from us.

Step Five. Payment and delivery of vehicles!

Car Shipment. Preparations for the shipment of vehicles start right after the successful bid in the auctions. Within ten days to two weeks (from the day of purchase), the following process will take place: 1) delivery of the vehicle to the parking yard; 2) while in the yard, the detailed photo inspection of the vehicle will be done. 3) Simultaneously, will start the procedures of cancellation of internal registration and receiving of export documents. 4) Once documents are ready and payments are completed, shipping process will take effect. For some countries vehicles go through pre-export technical inspections such as JEVIC, JAAI, etc. 
As for units that are offered as stock units, some parts of above mentioned process, such as bidding and delivery to the yard, will be omitted. Usually, stock units are already prepared and ready-to-go. Here we need just to confirm the receipt of your payment, and the process of loading and consistently shipment of your car will be completed.
 Once the vehicle is on its way to the port of destination, all necessary documents, including export certificate, Bill of Lading, invoices, pre-export inspection documents (JEVIC, JAAI) which are important for the custom clearance will be sent by international post (DHL, EMS). As far as every country has it is own customs regulations, we will prepare only set of required documents. If you need extra documents, such as translation of export certificates, please, discuss it with us. Translations can be prepared upon the request of the customers.
If you have any additional questions, please, feel free to contact us.

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