MENU

Cost of purchasing at auction

Import costs depends on the vehicle(M3),destination, shipping method and trade terms.
Auction purchase fees are listed below.
We will issue a complete quotation. You will never be charged any amount other than the approved quoted price.

Pricing Rule

Case A : Buy from Auction and shipment by RO/RO vessel

  • Basic charge: JPY80,000.- + 3% of Hummer price(Auction winning bid price)
  • Inland transportation fee: minimum JPY10,000.- to Max JPY40,000.- per vehicle
    Depending on distance between Auction venue and shipping port

FOB Japan price = Auction winning bid price + Basic charge + Inland transportation fee

Our fees include the following basic charges for all necessary procedures, from auction bidding to shipping.

  • Bidding and winning fees (to the auction venue)
  • Booking for ship space
  • De-registration
  • Radiation examination
  • Exporting customs clearance
  • Necessary shipping procedures at port
  • Port photos
  • Up to 30days of Storage fee
  • Shipping advice (Sending documents by courier service)

CIF Destination port price = FOB Japan price + Marine Insurance + Sea Freight charge

  • Marin insurance: Minimum ¥5,000 or 0.5% of CIF, whichever higher
  • Sea freight charge: Depending on destination port and Measurement of car

Optional charge

  • Site inspection service: JPY2,000.-
    A service to inspect the actual vehicle at the auction site upon request.
  • Storage fee beyond 30 days : JPY500.- per day
  • Pre-shipment inspection by JAAI/JEVIC and etc. : It varies by coutry
    Required for a specific destination. Pricing is quoted per case.
  • Manufacturer recall : JPY30,000.-
    When recall remediation is required

Case B : Buy from Auction and shipment by container vessel

In addition to the above costs, container loading fees and terminal handling charges will be added.

  • Container Vanning fee and terminal handling charge: Minimum JPY32,000.- per car

table of contents