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Trade terms
Payment
1) We only accept payment for the car costs and other charges in Japanese yen (JPY).
(Please contact us if you are unable to pay in Japanese yen. We may be able to make an exception on a case-by-case basis.)
2) We receive only T/T (Telegraphic Transfer).

Deposit
3-A) You need to remit your deposit after you decide to apply to Universal Produce system.
3-B) The deposit is the total amount of CAR PRICE and AUCTION FEE.
(Not including our mission fee and another fee).
3-C) You need to pay the bank fees for your remittance.
3-D) Please send us the copy of the T/T (Telegraphic Transfer) immediately, after you remit your deposit. We begin the purchasing procedures immediately, after we have confirmed your remittances.
3-E) Before your bid is successful your deposit is still refundable. However a bank charge for the refund will be deducted, when we refund your deposit. And if we have already bid on your car but were not successful, the bidding charge for the auction will be deducted from your deposit, when we refund your deposit.

Balance
4-A) You need to pay your balance within four days after your will receive our calculation of remittance.
4-B) Please send us the copy of the T/T (Telegraphic Transfer) immediately, after you remit your balance We begin the shipping procedures immediately, after we have confirmed your remittances.

Bidding
5) Please confirm the import standards of your country before you submit your bidding request.
We are not responsible for any disputes, or fees and taxes you may incur, involving any failures to follow the import laws and standards of your country.

Shipment
6-A) We ship the vehicle by the first available ship after confirming a full amount remittance.
6-B) We send to you shipping documents, such as the invoice, the original deregistration, and bill of lading by DHL or EMS (International Express Mail) immediately after shipping the vehicle.

Insurance
7) In the case of a CIF price, we will place insurance on the vehicle while it is shipped until it reaches a port of the importing country. This insurance only covers the total loss of the vehicle.

Inspection
8) IInspections performed by each of the auction houses' inspectors are final in respect to the condition of the vehicles.

Warranty
9) We sell this vehicle in as-is condition.

Cancellation
10) You cannot cancel after your bid was successful.

Trade terms
11) The trade terms will be governed and interpreted by the provisions of the latest INCOTERMS.

Compensation for Damage
12) We will not be responsible for any delay or failure upon fulfillments of all or part of this contract directly or in directly owing to any cause or circumstance beyond the control of us, the seller, including act of God, war, warlike conditions, hostilities, revolution, riot, governmental order or restriction, strike, lockout, or other dispute.

Governing law
13) This contract will be governed in all respects by the laws of Japan.

Compensation for Damage
14) When purchasing a vehicle directly from our stock, you need to pay the full amount in advance before we start the shipment procedure.

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