Auction

As you become a registered member of KBC Japan, you will get access to more than 150 auction houses and as a result around 50,000 cars each day. You can find a car, view its details, and even bid a car right from your desktop at the comfort of your home.

At KBC Japan, the entire process of used car auction is as easy as 1, 2, 3 See the steps below.

Step-1- Become a Registered Member

Register to become a member of KBCJapan.com and get access to the entire stock available at multiple auction houses.

Step-2- Security Deposit

Deposit an initial security amount which is usually USD 1,000 or JPY 80,000 to bid for a vehicle worth less than 1 million. We need to hold this amount before we bid on any of the cars. If the bid does not get successful, security deposit is fully refundable or adjustable in the customer’s account based on customer’s request. See the security Deposit Schedule

Bidding Deposit Details.

Deposit Rank

Deposit Amount USD

Buying Budget 2000% USD

Deposit Amount Yen

Buying Budget 2000% Yen

Purchasing Limit

1

$15,000

$210,000

¥1,200,000

¥16,800,000

No Limit

2

$4,500

$90,000

¥360,000

¥7,200,000

10 Units

3

$2,500

$70,000

¥200,000

¥5,600,000

4 Units

4

$1,500

$60,000

¥120,000

¥4,800,000

3 Units

5

$1,000

$30,000

¥80,000

¥2,400,000

1 Unit

We need above deposit from the customer to allow him to start bidding.

Step-3- Bidding Cars from Auction

  • – You can place the bid directly by yourself from our auction websites.
  • – We will only charge the actual auction price at which the bid is won. So try to bid as higher as you can in order to increase the chances of winning the bid.

 

Step-4- Auction Result

We will notify you with the result of your bid. Once you win the bid, we will send you the Performa Invoice that includes total price of car(s) FOB or C&F. The price will be calculated from the original buying price of auction.

 

Step-5- Final Payment

The final payment will be required in 5 working days. Payments made on the committed time will help us to save your order from cancellation.

In case of order cancellation 10% of the total selling value will be deducted from your deposit.
Step-6- Shipment

The shipment will be arranged as soon as the payment is confirmed.

Step -7- Documents

As the ship leaves from Japan, we will send all the documents by EMS, DHL or FedEx. The documents included are;

  • Export Certificate
  • Bill Of Lading
  • Final Invoice
  • Marine Insurance (if required)
  • JAAI / JAVIC Inspection and other inspections, (if required)

 

Note: There are no extra or hidden charges other than C&F or CIF price.

Payment Method & Bank Charges

You can arrange payment via telegraphic transfer through your bank. All bank charges must be paid by the sender. Please, ensure that payment is in US Dollars / Japanese Yen, and please include your Invoice & Stock number in the description field.

 

Once the payment has been arranged, please, send us confirmation of payment by Email info@kbcjapan.com or Fax +81 – 52 – 308 – 4152.

The amount of the payments decided on the mutual agreement must be made in full. We will only arrange the shipping once the payment is received. For further information about shipping and payments, please read our Terms & Conditions . or contact info@kbcjapan.com