KAIHO TRUCK NET AUCTION

KAIHO offers convenience with real time online bidding available.

Trusted Brand / Worldwide Network

KAIHO SANGYO has been operating since 1969 and we are the leading company offering used cars,trucks and spare parts to 80 countries.

Easy way to buy with peace of mind

Kaiho Truck Net (KTN) Auction is an online auction for used Japanese trucks. In this auction, we exhibit trucks provided by end-users such as transport companies in Japan and open it to the world. All the customers in the world can purchase the quality Japanese trucks online through the KTN Auction.


If you use the KTN Auction, you can cut the middleman cost because you can purchase vehicles directly from end-users in Japan without interposing other agencies.


Also, our auction site provides you with enough quality information with a lot of photos and a movie. It enables fair transaction between sellers and buyers.


In addition, we have developed original quality inspection to disclose vehicle information. All suppliers of vehicles to be sold at our auction need to take the training to learn this inspection at International Recycling Education Center (IREC), which we founded in April 2007.


Why don’t you join the KTN Auction and get Japanese high quality trucks? If you register for the KTN auction, you can purchase quality Japanese trucks from anywhere in the world with peace of mind.

All about auction

1. Registration

1-1. Access the top page of the auction website.

It all starts with registration. Open the top page of the auction website (http://www.kra-auction.com/Auction_Bidder/Top.aspx) and click "Sign Up" on the top right.

1-2.Enter your information

You'll be asked to fill in the sign up form. Fill in all the required fields and set your password to log into your member page. Your password must be more than 6 digits by alphanumeric characters. Regarding the “Venue” field, please choose "Truck Japan" from the pull-down menu. At least the field with asterisk (*) must be filled in. Click “Confirm” after the required fields are filled in.

1-3.Review and confirmation

Review the information you filled in, accept the terms and conditions by checking the box, and click “Submit”. Then, you will receive a confirmation email from us. If you would like to change or correct any of your information, need our help, or have a question to ask, feel free to contact us.

1-4. Submit necessary documents and security money

After the online registration, you need to submit the necessary documents to us in order to complete the membership registration. Also, you need to deposit security money of 100,000 Japanese yen (JPY) with us by bank remittance before making an actual bid. You are authorized to bid at auction after all the above procedures are completed.

2. Find vehicles to buy

2-1. Login

Open the top page of the auction website (http://www.kra-auction.com/Auction_Bidder/Top.aspx) and click "Login" on the top right.

Enter your email address and password and click "Login".

2-2. How to check auction schedule

Click "Schedule" and all schedules will be listed.

If you click "Open", "Arranging" or "Closed", you can check each schedule of the auction status.

* The standard time used for our auction (i.e. opening/closing time) is Gulf Standard Time (GST).

2-3.Open the list of vehicles exhibited in the auction.

Click the number of the auction whose status is “Open”. Then, all the vehicles exhibited in the auction will be listed.

3.How to bid / Understand bidding format

3-1.Enter your price.

Enter your bid price (JPY) and click "Bid". For further details of the vehicles, click "Lot No".

* If you want to change or cancel your bid amount, please reenter your correct bid amount or zero. However, if you made the bid of the highest price, you cannot change or cancel your bid amount from the screen. In that case, please contact us immediately to change or cancel your bid amount.

You can also make a bid on the screen of the vehicle detail.

* Regarding recycling fee, it is mentioned in the remarks column.

4. After bidding / Make full payment

You will receive a notification email and invoice after the auction if you make a successful bid for a vehicle. Please remit a full payment to a bank account designated by us within 3 days (excluding bank holiday) from the next day of the deadline date of bidding.


You need to pay (i) vehicle price (the amount by which you won the bid), (ii) successful bidding fee, (iii) consumption tax regarding (i) and (ii) above, (iv) recycling fee, (v) automobile tax which shall be borne by the successful bidder, and other expenses for transportation and custom clearance, etc.


■Successful Bidding Fee

Small size vehicle /Middle size vehicle (total weight less than 8t): JPY 15,000 + Consumption Tax (8%) = JPY 16,200

Large size vehicle (total weight 8t or more): JPY 20,000 + Consumption Tax (8%) = JPY 21,600


■ Recycling Fee: JPY 5,000 - 16,000

Recycling fees are determined on every car by individual truck manufacturers depending on the possible quantity of shredder dust and CFCs, number of airbags, and simplicity of taking off airbags.


Payment Example:

If you won a bid of a middle size vehicle for JPY 500,000 (If the vehicle's recycling fee is JPY 10,000):

Your payment is the following:

Vehicle Price (the amount by which the bidder won the bid) + Consumption Tax (8%) + Successful Bidding Fee + Recycling fee = Your Payment

JPY 500,000 + JPY 40,000 (= JPY 500,000*8%) + JPY 16,200 + JPY 10,000 = JPY 566,200

5. Get your vehicle

After we receive full payment from you, we inform you of a certain date as the delivery date of the vehicle by email. Please take possession of the vehicle from the exhibitor at the location designated by us within 6 business days on and from the delivery date. Upon your request, we will arrange a delivery and export of the vehicle to your designated destination.

We will send you the documents necessary for the registration application or import of the vehicle as soon as they are ready.

FAQ

Q. About the documents required to apply for the membership.

A. You need to submit the following documents when you apply for the membership.

  • Membership application form
  • Letter of covenants
  • Certified copy of corporate registration (corporation)
  • Certificate of residence (individual)
  • Certified copy of seal impression (corporation in Japan or individual who resides in Japan)
  • Copy of passport (if the representative of corporation is non-Japanese, non-Japanese individual or individual who resides outside of Japan)
  • Copy of secondhand dealer license (corporation in Japan or individual who resides in Japan)
  • Any other documents or materials designated by us.

Q. About the deposit of security money.

A. Bidding Member needs to deposit security money of JPY 100,000 in advance of making a bid in the auction. No interest shall accrue with respect to the security money. Please bear remittance fee of the security money (including the receiving bank’s fees for handling receipt of remittance from abroad, etc.).
Our Bank Account:
Hokkoku Bank (HKOKJPJT) / Kanaiwa Branch / Checking / 005831 / Kaiho Sangyo Co., Ltd.

Q. Do you return the security money I deposited?

A.Yes, we will return the security money to a Bidding Member upon the Bidding Member’s request. However, the remittance fee for repayment of the security money shall be borne by the Bidding Member.

Q. How much is successful bidder fee?

A. (1) Successful Bidding Fee: Small size vehicle /Middle size vehicle (total weight less than 8t): JPY 16,200 (tax included) per one vehicle.Large size vehicle (total weight 8t or more): JPY 21,600 (tax included) per one vehicle.
(2) Shipping/Custom Clearance Fee, Expenses, Etc.:If we ship the vehicle which was successfully won by the bidder upon the successful bidder’s request, we will separately demand the payment of the fees and expenses, etc., relating to the shipment and custom clearance, etc.

Q. About payment amount.

A. The successful bidder shall pay (i) vehicle price (the amount by which the bidder won the bid), (ii) successful bidding fee, (iii) consumption tax regarding (i) and (ii) above, (iv) recycling fee, (v) automobile tax which shall be borne by the successful bidder, and other expenses for transportation and custom clearance, etc.

Example:
If you won a bid of a middle size vehicle for JPY 500,000 (If the vehicle's recycling fee is JPY 10,000):
Your payment is:
Vehicle Price (the amount by which the bidder won the bid) + Consumption Tax (8%) + Successful Bidding Fee + Recycling fee = Your Payment
JPY 500,000 + JPY 40,000 (= JPY 500,000*8%) + JPY 16,200 + JPY 10,000 = JPY 566,200

Q. About payment due date.

A. Please remit a full payment to a bank account designated by us within 3 days (excluding bank holiday) from the next day of the deadline date of bidding. Please bear remittance fee (including the receiving bank’s fees for handling receipt of remittance from abroad, etc.)

Q.Do I have to pay consumption tax and recycling fee for the vehicle to be exported overseas?

A. We will not charge you consumption tax and recycling fee if we arrange the shipping and custom clearance of the vehicle upon your request.

Q. About automatic extension of bidding period.

A. If there is a bid within the last 5 minutes of the bidding period, the auction period is extended for 5 minutes. The auction period is extended repeatedly if there is a bid within the extended bidding period.

Q. About successful bid.

A. Among the bidding made during the bidding period, we determines that the bidder who made the bid of the highest price to be the successful bidder of the bid. However, the bid shall not be successful if the highest price is less than the lowest successful bid price. The display of the bid price turns green from red if the bid price reaches the lowest successful bid price.

Q. About shipping and export arrangement

A. Upon your request, we arrange shipment and export of a vehicle to your designated destination. If you would like to use our shipping and export services, please request us within 3 days from the deadline date of bidding. Please contact us for more details on our shipping and export services.

Q. About delivery of a vehicle which was successfully won by a bidder

A. After we receive full payment from a successful bidder, we inform the successful bidder of a certain date as the delivery date of the vehicle. The successful bidder shall take possession of such vehicle from the exhibitor at the location designated by us within 6 business days on and from the delivery date. Upon your request, we will arrange a delivery of the vehicle.

Q. Can I cancel the sale and purchase agreement of the vehicle of which I won a bid?

A. A successful bidder may terminate the sale and purchase agreement by sending us a notice to that effect via email by 17:00(JST) of the next business day of the deadline date of the bidding. In that case, the successful bidder shall pay us the following amount pursuant to our instruction:
(1) Cancellation fee of JPY50,000, (2) Exhibitor Fees (Agent Fee, Input Service Fee, Travel Expenses, and Successful Fees), (3) Consumption tax with respect to (1) and (2) above.

Q. What will happen if I fail to make payment by the payment due date?

A. If a successful bidder fails to make payment by the payment due date designated by an invoice, we may terminate the sale and purchase agreement by sending a notice to the successful bidder. In that case, the successful bidder shall pay us the following amount pursuant to our instruction: (1) Exhibitor Fees (Agent Fee, Input Service Fee, Travel Expenses, and Successful Fees), (2) Successful Bidder Fees, (3) Consumption tax with respect to (1) and (2) above. Furthermore, we may terminate immediately the membership of the member by sending a notice to the member.

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KAIHO SANGYO CO.,LTD.

1-25 HIGASHIKAGATSUME-MACHI,KANAZAWA,ISHIKAWA 920-0209 (JAPAN)

(+81) 76-237-5133 (SWITCHBOARD)

(+81) 76-237-5348 (DIRECT)

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