FAQ: Everything you wanted to ask about Japanese auctions

What documents will I receive with my vehicle?2017-04-13T18:53:53+09:00

You will receive the following documents:

(1) bill of lading
(2) invoice
(3) packing list
(4) inspection report (if required in your country)
(5) load port survey (if required in your country)

Other documents needed for your local customs compliance are available upon your request. Requested documents may be delivered by email, fax or courier.

What does ex godown price mean?2017-07-18T22:39:12+09:00

Ex godown is a trade term for pricing at the yard or warehouse before the seller delivers the goods to the port to board a vessel designated by the buyer.

All of our vehicles are available at ex godown price to allow our clients the flexibility to optimize their shipment costs.

What are the available payment methods?2017-07-18T22:39:12+09:00

We accept telegraphic trasnfers (TT) and direct deposits. Paypal, Escrow, Transpact and other online payment solutions are possible at the cost of the client.

Is it safe to buy vehicles online?2017-07-18T22:39:12+09:00

With more than a million vehicles exported worldwide every year, for the last 20 years, the industry is secure, stable and fully established.

What types of vehicles are available?2014-02-10T17:46:57+09:00

All types of vehicles and equipment are available, with a focus on Japanese brands. European and American brands are also often available per class of vehicle.

CFR (Cost and Freight)2014-02-10T17:43:13+09:00

A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier. Under CFR, the seller does not have to procure marine insurance against the risk of loss or damage to the goods during transit.

CIF (Cost, Insurance and Freight)2014-02-10T17:42:15+09:00

A trade term requiring the seller to arrange for the carriage of goods by sea to a port of destination, and provide the buyer with the documents necessary to obtain the goods from the carrier.

Are there other companies like you?2014-02-10T17:38:35+09:00

There are several car exporters in Japan. With the growth of the industry, the number of exporters online have doubled or even tripled in the last 5 years. While the number of participants have grown tremendously, few bring the years of experience that GIJC has as one of the pioneers in the industry.

How do I know what is available?2014-02-25T05:17:46+09:00

We have an online catalog with more than 5,000 vehicles listed weekly. Contact us to register for a free trial.

FOB (Free on Board)2014-02-10T17:41:34+09:00

A trade term requiring the seller to deliver goods on board a vessel designated by the buyer. The seller fulfills its obligations to deliver when the goods have passed over the ship’s rail.

When used in trade terms, the word “free” means the seller has an obligation to deliver goods to a named place for transfer to a carrier.

Do you handle shipping of the vehicles?2014-02-25T01:09:03+09:00

By default, our shipping terms are Ex Godown. However, we can arrange for shipment by FOB, CFR and CIF.

Do you accept payment by installment?2014-02-10T17:32:23+09:00

We do not accept installment payments.

Why should I choose GIJC?2017-07-18T22:39:12+09:00

Choose GIJC if you would like a partner in acquiring your vehicle. We provide personal service and consultation where you need it. It’s the next best thing to being inside a Japanese auction house.

Do you own the vehicles you sell?2017-04-13T18:53:33+09:00

We own all the vehicles in our stock. All our units have been inspected by GIJC specialists. Full specifications and precise vehicle condition is provided for each of them. You may purchase a Japanese vehicle directly from GIJC at any time.

GIJC may also purchase vehicles on your behalf through any of the major Japanese auction houses. The cost of the vehicle is optimized since you acquire it directly from the seller through us. You won’t need to meet the membership requirements of the Japanese auction houses which includes certifications and fees as well.