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About Daily Live Auction

A - Bidding Qualifications:

The following Qualifications must be met before placing your bid on our auction site:

1.You have to be a Premium Member or a Regular Member (Ordinary Members are restricted to participate in Daily Live Auction).

2-By purchasing a vehicle from the Stock List and upon confirmation of the payment by Hasnihon, you will become a Regular Member and become eligible for bidding.

3.You have never canceled your sales contracts after winning the bids.

B - Daily Live Auction Rules:

The following Qualifications  must be met before placing your bid on our auction site:

*  For Roll-On Roll-Off Shipment :

  • Used or Damaged Vehicles, Buses & Trucks: 60,000 JPY, Motorboats: 150,000 JPY, Machinery and Agricultural Equipment; smaller than 11.00M3 (Sedan Size) 40,000 JPY , more than 11.00M3 (Sedan Size) and smaller than 5 Tons 120,000 JPY.

*  For Container Shipment :

  • Used or Damaged Vehicles, Buses & Trucks: 80,000 JPY, Motorbikes or Jetskis: 30,000 JPY, Motorboats: 120,000 JPY, Machinery and Agricultural Equipment; smaller than 11.00M3 (Sedan Size) 60,000 JPY, more than 11.00M3 (Sedan Size) and smaller than 5 Tons 150,000 JPY.

C - How To Bid:

There are two methods of bidding:

1 - Straight Bidding:

The system will immediately place your bid With +3000 Yen incement  amount you entered.

2 - Automatic Bidding:

In automatic bidding, you enter the highest amount you are willing to pay (your maximum bid). The system will place a bid which is greater than the previous bid by the smallest bid increment and it will keep increasing your bids on your behalf, based on the bid increment, up to your maximum bid price (your maximum bid will not be displayed). This method will enable you to win the auction within your budget and at the lowest possible price.

You will receive the updated status of an auction, via an automated transmission system, at your registered email address when (a) you place a bid; (b) another bidder makes a higher bid than yours; (c) a bid is awarded a contract. The above information is also available on the "MY AUCTION" section of your Members page.

5 min. automatic extension:

In the event that bids are entered within 5 minutes of its closing time, the auction will extend for additional 5 minutes to avoid overlaps of last-minute bids. This extension will repeat until no bids are entered during the extension.

Execution of a P.Invoice >> Payment >> Delivery/Shipping

The winner of an auction will receive a " P.invoice email." Please remit your full payment by wire transfer to the specified bank account within 5 days of completion of a sales contract(P.Invoice).

Please note that cancellation of the sales contract will not be permitted after winning the bid.

Upon conclusion of a sales contract, please follow the same procedures as you would when purchasing from the Stock List. See the "Offer" section for more details.