Showa Trade Auction System: How Bidding Works at Auction
  • Every Auction Cars has Starting Price.
    For instance, if the starting price is 790,000Yen, minimum bid you can bid is 793,000Yen. It is easy to bid by using "BID BUTTON"
     
  • There is no limit for bidding price. Much higher price you bid on , more opportunities of purchasing the car you can get.
     
  • When an auction start, not only people in Japan bid but also many other people try to bid with their own prices. In our system, we raised your bidding price to a value 20,000Yen higher than your bidding price to bid on your car. (In order to make up subtle time when the auction is going on(in other words, when many numbers of bids placed on the car at the same time), our purchasing price is higher than your offer price and we are not responsible for the extra money of 20,000Yen)
     
  • Once the auction price becomes more than the seller's reserve price(the seller has set a private minimum price), person who bids the highest price will have right to buy the car. If no one bids higher than the reserve price, then there is no "high bidder" or winner for the auction.
    If more than two customers bid on the same car, person who has the highest price has right to purchase the car. If your bidding is the same amount as other customers, whoever offer us to bid earliest have right to purchase the car. (Our member can know other customer's bidding price by clicking "Trading Specifications"
     
  • If you could purchase a car in auctions, the CAR COST in the invoice will be the same as your sold price in the auction.
    Even though bidding price is very high, your purchased price is the same as the sold price in the auction.

  <Advice for bidding>
  1. When you find a car you would really like to purchase, please offer us high price. You will be able to purchase a car in Japanese Market. (Even though your bidding price is very high, we require you to pay the sold price in the auction.)
  2. If you would like to know the information of Japanese Markets, you go to our member's page and find cars you would like to buy and then click the "reference data" button to see our past information data. You can find similar car with your bidding car and decide your price compare to the information.(This service is only for our members.)

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