Japan Used Vehicle Auctions follow the open ascending price auction system. STAR JAPAN Co., Ltd. either bids against other Auction Members, with each subsequent bid 1,000 – 10,000 JPY higher than the previous bid or places an internet proxy bid submitted electronically. The auction ends when no participant is willing to bid further, at which point the highest bidder pays their bid. Alternatively, if the seller has set a minimum sale price in advance (the ‘reserve’ price) and the final bid does not reach that price the item remains unsold.
STAR JAPAN allows buyers to purchase vehicles direct from the Japanese Used Vehicle Auctions. All Vehicles are inspected and scored by Trained and Certified Japanese Inspectors. Example; TAA Auction is Toyota Auction and the vehicles are inspected by Toyota Japan and HAA Auction is owned by Honda Japan and Honda Inspectors Grade all their vehicles. Auctions Score the vehicles using the following grading description.
All Japanese Auction houses are regulated by the Japanese Government and are all strictly licensed. The Scoring of Used Vehicles by Inspectors is strictly followed by all Auction Houses in Japan.
All Japanese Auction Vehicles have an inspection sheet which is written in Japanese. STAR JAPAN can help Buyer translate the inspection Sheet and also reads and checks what is written on the Inspections Sheet when the buyer is bidding via Pre Inspection Bidding