Auction Sheets: All You Need to Know
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Auction Sheets: All You Need to Know
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During auto auctions, the bidders get to see the auction sheet. It contains all the information about the car being sold. From a single scratch to a huge mechanic flaw, nothing is left out. Auction sheets may seem complex and hard to read at first. However, once you get used to it, things get easier. A person who understands the auction sheet only takes a couple of minutes to know everything about the car. Japanese auction houses are the most famous ones in the automobile industry. They are usually written in the Japanese language. However, USSTokyo also offers free translation of auction sheets to its clients.
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Components of the Auction Sheets
Auction sheet plays the role of an x-ray for vehicles. It lets you know everything about the vehicle. Let us discuss all its components in detail.
1. Year of Production
It is very important to calculate the age of the car before buying it. The auction sheet lets you know the production year and month to give you an idea about how old the car is. New cars tend to perform better than old ones. Moreover, they have the latest features for you to enjoy.
2. Auction Number
There are many vehicles that are sold in Japanese auction houses. Auction number can give you an idea about that. It may also help in identifying a car in particular cases. It is written at the start of the sheet in the top left corner.
3. Mileage
You must be aware of the mileage of the car you intend to buy. More mileage means less functionality. A vehicle shouldn't be over 100,000 miles. Such vehicles are regarded as old and not worthy of spending too much money.
4. Transmission
The auction sheet also tells you about the transmission of the car. Some cars have fully automatic transmission while others may have semi-automatic or manual transmission. You can choose the one that suits your requirements.
5. Interior and Exterior Parts
The Auction Sheet contains all you need to know about the exterior and the interior parts. It tells you about rust, scratches, paint issues, dents, racks, side skirts, and other issues. It also contains the grades for the interior and the exterior to give you a collective idea about their condition.
6. Auction Grades
The auction grades give you an idea about the overall condition of the car. Here is the list of grades and their meanings:
- S grade: Brand new car
- R grade: Repaired
- AR grade: Repaired Accidental Car
- XX grade: Damaged Car
There are also numeric grades that tell the condition of the car. They range from 0 to 6. The higher the number, the better the quality.
7. Lot Number
Like we said before, Japanese auctions contain a wide range of vehicles. Therefore, to manage things perfectly, vehicles are grouped into different lots. The lot number helps in identifying the car and makes the delivery process easier.
8. Body Type
You can know about the body type of the vehicle through the auction sheet. For example, you may see 5D written in the body type section. It means that the vehicle has 5 doors.
13. Engine
Nope, Auction houses have not forgotten to include the information related to the engine of the vehicle. It is given under the information of the model in the top center of the page.
9. Chassis Code/Number
The chassis code is also included in the auction sheet. The buyers can use it to check the authenticity of the car they intend to purchase.
10. Comments
Vehicles have to go through an extensive inspection process to enter the auction. Inspectors also leave comments for the buyers to see. They are included in the auction sheet so that the buyers can read them.
11. Diagram
As we said before, nothing is left to wonder. the auction sheets also include diagrams that help in localizing the information given about the interior and exterior parts.
12. Additional Features
The feature box contains all the special features the car comes with. They may include a back camera, navigation, key push start, wheels, alloy, airbag, power steering, sunroof, etc. You get to know everything that comes with the car.
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How to read the Auction Sheets?
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Auctioning is a fast process. You do not have much time to spend on the auction sheet. If you read the auction sheet too slow you may miss the vehicle. Here are some tips to go through the sheets quickly.
- Get registered on the website to be able to view the auction sheet.
- Visit the website before view auction sheets of different cars.
- Memorize the meanings of all the abbreviations, codes, numbers, and grades.
- Try to remember where everything actually is.
- Practice this a few times before joing this auction.
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USSTokyo is the best place for you to buy your dream car. We connect you to hundreds of Japanese auction houses online. You can place bids and buy your favorite car from the comfort of your home. Visit our website http://www.usstokyo.com for more information.
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