subject: How To Find Good Value On Jdm Cars At Auction [print this page] At car auctions in Japan, all kind os JDM Cars are available for sale, and many of them are sold are very good prices. Even taking the shipping cost into account, it is possible to import a JDM car directly from Japan at an advantageous price.
Some people even make extra money by importing and reselling popular models like Nissan Skylines and Mazda RX8. These savvy buyers know the inside tricks of buying at a Japanese car auction, giving them an edge in getting the best possible value in their picks. While there are many points to consider, the following are the most significant in determining price.
Volume. Knowing how many of a particular model sell per week tell you not only how popular a car is, but it also dilutes the competition. If you pick a car that is up for sale hundreds of times per week, you have a good chance of being the only buyer in any given bid. By selecting models with high volume, you can avoid multiple bidders that will drive up the price too much.
Year. Buying a brand new car directly from Japan is generally a bad idea. They are going to be just as expensive, especially after you consider shipping. Also, unless the car is a classic, try to avoid cars over ten years old. Cars newer than 10 years old and older than 5 years old are the best. Cars within this age range have the best differential between prices in Japan and overseas.
Mileage. Naturally, the higher prices are going to be on cars with a lower mileage. If you bid on a car that has slightly above average mileage, you are going to get a better price at auciton and still be able to resell the car for profit. Try to avoid the cars that are over 100,000 km. The winning bid will be lower than average, but you won't be able to resell the car at a profit.
Condition. The score given by the inspector is the single most significant factor in affecting price. Usually in Japanese car auctions, a brand new car will have a score of five, while the lowest is one. Most buyers always aim for a car with a rating of four. However, the difference between a 3.5 and four is really very minor, yet buyers will always bid higher on a 4.
Color. Incredibly, the color of the vehicle will change the price considerably. People will pay much more for a car that is a popular color. For example, a black 2005 Mazda Atenza will sell for 100,000 Yen higher on average than a white version of exactly the same model.
When you take all these points into account when bidding at a car auction in Japan, you are more likely to get a better price for resale value. The other critical piece is to find an auction agent in Japan that you like and trust. With a competent agent on your side, you will be provided with all the information you need to buy low and sell high on JDM cars.
