Japan tender auctions list:
ZERO CAR SELECTION (ZERO)
NISSAN PLAZASOL (NPS)
LOGICO UNIVERSAL MARKET (LUM)
ORIX
The main distinguishing feature of tender auctions, in contrast to online auctions in real time, is that bids are collected during the day until a certain time and are summed up by the end of the day. The car is given to the one who offered the maximum bid. If the maximum bids are the same, then priority is given to the one whose bid was placed first the system.
The following points follow from the above peculiarities of tender auctions:
1) At tender auctions it is not possible to purchase a lot lower than your bid, that is, if you have placed a bid, then either you will take the lot at your bid, or you will not pick it up;
2) Lots at tender auctions, it is not possible to put in groups;
3) Bids for tender auctions are accepted only until the time specified by the auction, and the results come much later, usually by the end of the day;
Mainly at these auctions, commercial vehicles, cars of rental and leasing companies are exhibited. Basically, these are not expensive cars costing up to 1 million yen. Among the vehicles at these sites, there are many decent options. Due to the fact that these auto auctions are not as popular as regular auctions, the final prices at tender auctions are usually lower than at regular auctions. Unlike conventional auctions, the number of photographs of cars is much higher at tender auctions.
Read more about each auction below.
ZERO CAR SELECTION (ZERO)
Zero Co., Ltd was incorporated in October 1961 and was originally called Nissan Transportation co., Ltd. The founder of the company was the car manufacturer Nissan itself (Nissan Motor Co., ltd). The company Nissan Transportation co., Ltd engaged only in transportation of new cars manufactured by Nissan. Later, with the increase in the number of auctions, the company was renamed into Zero Co., Ltd and began to deal with the transportation of used cars. In January 1991, the company opens its own Zero Car Selection auction, or "Zero" for short.
Today the group of tender auctions "Zero" includes the following auctions:
ZERO HOKKAIDO
ZERO SENDAI
ZERO CHIBA , in addition to the main auction, there are also lots that are traded at this auction remotely (ZERO NIIGATA satellite, ZERO TOCHIGI satellite) ZERO SHOUNAN ZERO CHUBU
ZERO OSAKA , in addition to the main auction, there are also lots that are traded at this auction remotely (ZERO TOKUSHIMA satellite)
ZERO HAKATA
On average, 30-100 cars are exhibited at each Zero auction, that is, not a large number. It is important to know that if a car is traded via a satellite, then the rate for delivery from such an auction will differ from the rate on the grid.
NISSAN PLAZASOL (NPS)
Nissan Plazasol, abbreviated as NPS, was an auction set up by another group of Nissan Motor Co., ltd corporation , which was engaged in lending, insurance and leasing of new Nissan vehicles - Nissan Financial Services Co., Ltd. The above company was incorporated in 1963. She later opens her own NPS auction. That is why, mainly at this tender auction, cars of insurance and leasing companies, mainly of the Nissan brand, are exhibited.
Today the group of tender auctions " NPS " includes the following auctions:
NPS TOKYO
NPS TOCHIGI
NPS SENDAI
NPS TOMAKOMAI
NPS OSAKA
NSP FUKUOKA
(Previously, the NPS Gifu auction was still active, but it was subsequently closed).
It is important to know that on the NPS auction list , unlike regular auctions, the X- mark indicates that the part has already been replaced.
LOGICO UNIVERSAL MARKET (LUM)
Logico Universal Market, abbreviated as "LUM", was originally one of the largest companies involved in the transport of cars from auctions to ports of departure. In 2016, LUM registers a new company, Unikettor co., Ltd, which launches its auctions.
Lum auctions are distinguished by a large number of small parking lots and their location should always be taken into account when placing bids.
LUM HOKKAIDO
LUM TOKYO, this auction includes the following venues : LUM SAYAMA, LUM MIYAGI KUROKAWA, LUM SENDAI, LUM NASU, LUM NODA 1st YARD, LUM NODA 2nd YARD, SPECIAL NODA, LUM SAKURA, LUM ITAKO, LUM ITAKO ISHIOKA
LUM NAGOYA , this auction includes the following venues : LUM NAGOYA, LUM ANJO, LUM SUZUKA, LUM KANAZAWA, LUM OGAKI
LUM KOBE, this auction includes the following venues : LUM KOBE ROKKO, LUM IZUMIOTSU, LUM HIROSHIMA
LUM FUKUOKA, this auction includes the following venues : LUM FUKUOKA, LUM KITAKYUSHU, LUM OKINAWA
A feature of the LUM auction list is that damage to the car is not marked on the diagram, but additional photos of the damage are taken. That is, on the auction list, you will not find such familiar designations as A1, U2, S2, etc. Plus, at these auctions, you can see the history of vehicle inspection in electronic form.
ORIX
Orix Auto Corporation Co., Ltd was originally incorporated in July 1973 as a car rental company. Orix is now one of the largest car rental companies in Japan. Further, Orix opens its own auctions. They exhibit cars that were previously used in the rental and for which the inspection period has expired.
Today the ORIX group of tender auctions includes the following auctions:
ORIX SENDAI and Remote Lots (ORIX TOMAKOMAI SATELLITE)
ORIX ATSUGI and Remote Lots (ORIX SENDAI SATELLITE , ORIX KISARADZU SATELLITE )
ORIX KOBE and Remote Lots (ORIX NAGOYA SATELLITE )
ORIX FUKUOKA and Remote Lots (ORIX OKINAWA SATELLITE)
It is important to know that on the ORIX auction list , in contrast to regular auctions, the X-makr means that the part has already been replaced, and the L-mark is broken optics.
Read more: https://www.akebono-akb.com/blog