Japanese imported cars: Things to know when investing in one!
JDM vehicles are renowned around the globe for their unmatched quality, performance, and consistent reliability. There are plenty of reasons why you should invest in a car from a Japanese auction house. It’s a common occurrence in Japan to export used vehicles to various countries on a regular basis. For a year more than hundred thousand used vehicles leave Japan to countries such as New Zealand, Dubai, US, Russia, Pakistan, Sri Lanka, Bangladesh and Kenya, and many others. These vehicles are generally imported by car dealers and sold at hefty prices within the country. With Japanese auto auctions becoming accessible to direct buyers people are becoming more comfortable importing cars without an intermediary dealer.
Here are a few steps to follow when importing a car from Japan, Step 1 Pick a reliable Japanese used car auto auction through Japan Motor
Japanese auto auctions are mushrooming on the Internet. However, not all of them are reliable and trustworthy. Since you are investing a lot of money make sure you get a vehicle that is high in quality. Here are few pointers to select an auto auction Japan,
- Check all their information about the company that is mentioned on their website including the address, car dealer registration, and other company details.
- Make sure to verify these details by calling the contact number in Japan, checking the address on Google Maps, go ugh online forums etc.
- You can even check via the Japanese embassy in your country.
- If the vehicles that they have on offer are suspiciously low then you need to be a bit cautious since there is a general market price maintained about auto auctions. If one business is claiming to sell far behind the market price then it’s a red light.
Step 2 Search for the vehicle of your choice and then make the order After selecting the right auto auction then it is your time to look for the vehicle you prefer to buy. There are online catalogues available or if you have a specific model in mind you can make an inquiry. Do not hesitate to contact the supplier to get more details of the vehicle you plan to import. Generally, you will get all the details with a free quote. If the quote works for you then the supplier will provide a pro-forma invoice.
Step 3 Make the payment Once you agree on everything, the next step is to make the payment. Usually, a telegraphic transfer (TT) is made to their bank account in Japan. Once the TT transfer is complete you are expected to send the receipt through fax or email. The payment invoice will be sent to you in two working days.
Step 4 Shipment and collection of the vehicle
Once the payment is complete the vehicle will be loaded at the closest harbour in Japan. You receive the ship’s departure and arrival dates. The name of the ship, date of departure, the port in Japan, and tentative arrival date is given to the buyer.
The basic documents that you need when importing a car will be sent to your address. Make sure you keep these safely to make the process of collecting your vehicle from the port easy.