Terms of Payment
In order to be able to bid in the auctions. you have to first deposit money as per the following guidelines. Acceptable plans for payment are T.T. Bank Transfer, or Western Union.
- We only accept payment 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.
- 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 vehicle but were not successful, the bidding charge for the auction will be deducted from your deposit when we refund your deposit.
- You need to pay your final amount within 4 days, starting from and including the day of the auction, after your bid was successful. If the final amount has not been paid within 4 days, your deposit will not be refunded even though your bid has been successful.
|Deposit to be paid per vehicle
|Bidding budget UNDER 1,200,000 JPY||100,000 JPY|
|Bidding budget OVER 1,200,001 JPY||200,000 JPY|
Our Fees (Payable after succesful bidding)
We are introducing various membership plans and benefits to ensure high quality service to our customers. Once you enroll as our member, depending on the number of vehicles you purchased so far, you will be placed in a membership category. Thus, a new member stats as Red member, and gradually progresses towards the Premium status.
Our fee calculation is straight-forward. Our fees include our commission, auction fee, Japanese domestic transportation charges, and Forwarder fees (customs in Japan) and the fees vary depending on the membership type.
|Member Type||No. of Vehicles purchased (Cumulative)||Our Fees|
|Premium||50 and above||70,000|
* Members who buy more than 50 cars per month would be eligible to get a return flight ticket to Japan, upto 1 week hotel stay in Japan and auction visits - all paid by Best Trading.
* Bidding cost of JPY 1000 will be charged everytime if your bid was not successful
* Extra Charges are applicable for auctions in Kyushu, Hokkaido and Shikoku area to cover internal transportation to the ports. Please check the map below.
We are a member and authorized agent of major auto auction houses in Japan such as USS, Bay AUC, LAA, HAA, HAA, TAA, Isuzu U-Max, CAA, JAA, Honda.
If you are a Premium Member, and succeed in getting a car at JPY 500,000 at the auction, your total cost would be
JPY 500,000 (car cost) + JPY 70,000 (our fees) = JPY 570,000 (FOB price).
To arrive at the CIF price add the freight fee (from Japan to your country's port) to the FOB price.
Please note that you will have to pay 5% commission charges on car costs exceeding JPY 1,000,000.
For example, if you are a Premium Member and if you would succeed in getting a car at JPY 2,000,000 at the auction, then you will have to pay extra commission of
(2,000,000-1,000,000) x 5% = JPY 50,000.
Thus, the total price of the car will be
2,000,000 + 70,000 + 50,000 = JPY 2,120,000.
Please fax us the copy of T.T., or Western Union transfer, soon after you make the payment.
How to make the Payment of Deposit?
Please remit your deposit into our bank account by
T/T (Telegraphic Transfer). or
Western union (Payee : Mr. Kenji Yoshimoto, Tokyo, Japan. Other details on our Contact Us page)
After you make the payment, please send us a copy of the transfer by T.T. or Western Union immediately by Fax, so that we can confirm the payment.
Our Bank details are mentioned below for your reference.
Please Remit to the following account
Our Bank Account Details :
|Name of the Account
Best Trading Co.,Ltd
||Sumitomo Mitsui Banking Corporation
||14-5, Shinjuku 3-Chome, Shinjuku-ku, Tokyo 160-0022 Japan
If you have any query about our bank information, please feel free to Contact Us
Please note that we will charge 20,000 yen as our processing fees for any refunds claimed. Also, we can not refund the money to any account other than the one from where the money was sent to us. We have to take these steps to prevent scammers from money laundering using our site.
Please note that we have temporarily suspended payments by Credit Card/PayPal due to fraudulent transactions from some African countries.