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The study covered purchases of second-hand cars by consumers from franchise dealers, independent dealers and auctions (private sales of second-hand cars between individuals were not included).
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Japan Used Cars Auction is a method of selling used cars and other vehicles based on the auction bidding system. The Japan used cars auction system provides high quality Japanese second-hand cars at affordable prices, as these avoid the additional costs added by car dealers.
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It is often a lot cheaper to buy a second hand car (even if it is only one or two years old) as the value of a new car depreciates very quickly. Auctioneers have terms and conditions for making sales and by bidding at an auction you are signifying that you accept these terms and conditions.
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"People seem more clued up to the fact that while they can buy a car at a second-hand car garage, the car they buy there has probably come from auction in the first place and the garage will have added a mark-up to the price.
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