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Please click the Agree button down below for the application form after
you have read and agreed our terms and conditions.
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A, Payment
- Your payment for any car purchased must be confirmed before the car is shipped to your port except in the
situation where you are a dealer member who has a payment contract with
us. The due date will be indicated on the sales invoice.
- The total amount of the sales invoice must be paid in Japanese Yen (JPY) or US dollar (USD) by T/T bank remittance when you have purchased the car from auctions or stocks. Irrevocable L/C at sight will be also accepted, but payment by credit card is not accepted.
- If your payment has not been paid after you have purchased a car from us,
your deposit will not be re-funded and the your membership with us will
be cancelled.
B, Refundable Deposit
- Only one deposit allows you to purchase as many cars as you want if a payment
is cleared. The deposit amount is 10% of your average car price, but a
minimum of JPY100,000- will be required.
- Your deposit is refundable but we will charge you a refund fee JPY20,000-
in all cases for the bank fee associated with the refund process. The refund
fee will be deducted from the deposit amount.
- Your full deposit amount can be deducted from the total invoice amount
in sales invoice whenever you have purchased a car from auctions or stock
cars and then you can remit the balance payment to us for the purchased
car.
C, Charges
- Our commission : The fee for us may be varied depending on the number of the cars
purchased in one month.
| Purchasing car numbers |
Our fee (per car) |
| Up to 5 cars |
JPY60,000- |
| 6 cars to 10 cars |
JPY50,000- |
| 11 cars to 20 cars |
JPY40,000- |
| 21 cars or more |
JPY30,000- |
- Trading price basis : The following all costs will be included the above our commission and
all charges.
D, Passwords
- You must carefully manage the ID numbers and passwords provided by us for
security reasons, and do not allow any other person to use your account.
- If you have abused or amended websites with any of the passwords for the
auction car data websites we have provided, we will claim damages from
you and your membership will be cancelled.
E, Claims
- We will load your car onto the vessel in the same condition it was in when
purchase at auction or stock car yard and will accept only the following
claims.
- In the case of CIF or C&I, we accept any claims if the car is damaged
en route from the auction house to your port.
- In the case of FOB or C&F, we accept any claims for damage until the
car is loaded onto the vessel at our port.
- However, Claims are not accepted when the car is damaged by a natural disaster
such as an earthquake, tidal wave(tsunami), etc. while the car is at our
port storage.
F, Responsibility
- You must take responsibility to confirm the import regulations and car
registrations in your country for each car, and advise us exactly what
we have to do at our end prior to exporting to you.
Import regulations and Car registrations in your country.
- You must take responsibility for all auction car data and any dealer information
which you have obtained from the auction car data websites and our website.
You are not supposed to share this auction or dealer information with any
other third party. If you do so and there is subsequent legal complaint,
you must acknowledge our right to claim all damages from you.
- The business process of bidding and purchasing cars directly from live
auto auctions moves very quickly and time is limited. Online contact (e-mail)
via the internet and checking e-mail once a day is therefore a requirement
and is your responsibility during the process of trying to purchase cars
at auction.
- We must take responsibility to book the fastest available vessel and ship
the car to your port after we have confirmed your full payment for the
car.
- We must load your car onto the vessel in the same condition it was in when
purchase at auction and stock car yard.
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