Relating to Showa Trade Internet Auction System
of this agreement is to ensure the smooth running of the
system for the benefit of all parties.
2. Revision of Agreement
interests of sound business practice we may revise this
agreement at any time. You will be notified of any changes
to the agreement.
3. Right of Participation
of participation in the Showa Trade Auction System is
reserved solely for customers who accept the terms and
conditions of this agreement.
4. Hours of Operation
to keep the auction computer system running on a 24hour
basis. However situations may arise (eg state of emergency)
where we have no choice but to shut the system down.
5. Right To Bid
who are able to use the system to bid for vehicles must:
been approved to do so by Showa Trade.
accepted this agreement and undertaken to adhere
strictly to its terms and conditions.
6. Bidding Period
system is open to bidding for 24 hours it is the responsibility
of the Member to bid within the appropriate timeframes.
Please be careful that you have the correct auction date
and time. (Auctions open for bids are shown in pink on
the international auction site.)
Bids can also be
placed by phone, fax or e-mail but please note that
we cannot accept responsibility for late bids.
7. Responsibilities When Bidding
placing your bid for your preferred vehicle please:
all the details about the vehicle you are bidding
on (pictures and auction sheets are available on
us if you are unsure about any aspect of the vehicle.
E-mails are appreciated.
Please note that if we find any big difference between
the auction sheets and the vehicle during our checking
process we may cancel your bid.
8. Car Cost and Agency Fee
consider a vehicle purchased settlement must be made on
both the cost of the car at the auction and the Agency
9. Temporary Payment on Your Behalf
provide temporary payment on your behalf up to the value
of 5,000,000 yen. The limit of this payment will depend
on your relationship with us (including transaction history)
and on the solvency of your business.
10. Responsibilities in Case of Successful Bid
bid is successful it is your duty to confirm the details
of the vehicle and make prompt payment. Prompt payment
is your most important responsibility. Delayed payments
are unacceptable unless they have been discussed with
us and we have made a special allowance.
monies must be remitted to Showa Trade's bank account
by TT. All commissions are your charge.
12. Settlement Period
must be made within one week of placement of a successful
13. Making A Claim
can be made based on differences between the auction sheet
and actual vehicle. Claims can be made by fax or e-mail
within 2 weeks of the vehicles arriving at your port.
14. Matters Warranting A Claim
are matters that would justify a claim:
(This is only for the case that has not been previously
exterior of the vehicle is significantly different
from the auction sheet;
color of the body has been changed;
engine model is different or the transmission has
engine or transmission are not in working order
(except where this is expected e.g. in the case of very
old or high km vehicles);
vehicle has been repaired;
odometer has been replaced.
15. Cancellation of Purchases
the purchase of a vehicle we must receive notification
to do so no later than 6pm (Japan time) on the day following
the successful bid for the vehicle. All costs relating
to the cancellation, including the re-auction fee will
be paid by the canceling party.
16. Member ID and Password
responsible for the care and management of your Member
ID and password. These are owned by yourself alone and
cannot be divulged to any other party. We cannot be responsible
for any issues that arise due to lack of adherence to
17. Auction Data
data provided on the site remains the property of the
associated auction house. It is prohibited to copy or
make secondhand use of any auction data.
auction data is provided for the purpose of doing business
with Showa Trade. It is not to be used only for your own
reference purposes. If it becomes evident that you are
only visiting the site to access the data and do not purchase
vehicles through us you will be stripped of your access
codes and your right to participate in the internet auction
system will cease.
of adherence to any aspect of this agreement gives Showa
Trade the right to penalties the Member responsible. A
penalty may take the following forms:
of ability to log on to the site.
of ability to participate.
of ability to place bids.
of a purchase contract.
of Bills of Lading.
of the vehicles.
action and payment of any resultant costs or fines.
The any detailed reasons for enforcement of penalties
are not officially announced.
your access log data and bidding data in order to check
how often you utilize the auction data. In spite of our
expectation, if you do not purchase a vehicle in a certain
period, we will be forced to disqualify you from taking
part in our auction system by right of our policy. Furthermore,
all the precious data offered by you are used for our
international auction business and will not be abused
for other purposes.