Our Agents Fee - Purchase to Order Vehicles direct from JDM Auctions
Choose your Agent before you choose your Car
Like every exporter in Japan, Brave Auto International charges an agents fee which is also known as a buyers fee.
The agents fee is added to the the vehicle's sale price known as "car cost". The car cost is the price you see the vehicle sell for on the auction system/s. When you add the agents fee to the sale price of the vehicle you now have what is known as the "FOB" price. Until recent times, FOB meant the final price, in other words this is the total amount you pay to your agent in Japan and it includes all costs associated with getting the vehicle onto the ship.
Until recent times, most agents in Japan had a set agents fee normally around 115,000yen and it included everything. This made choosing vehicles to bid on and the amount you requested your agent to bid up to very simple for you the buyer. But today, to make agents look competitive (cheaper than another agent) they advertise cheap agents fee, some as low as 50,000yen. However, to make the difference up they then have what is known as "add on fees" which in many cases works out to a lot more than what a traditional agent's fee is. Besides costing you more this is also very confusing for the customer when he/she is trying to workout an amount to advise their agent to bid up to at auction for them.
Below is a comparison between our set agents fee and other agents.
Service
Our Fee 115,000yen USS Auctions
125,000yen Non USS Auctions
Other Agents Fee Starting from 50,000yen
Auction Inspection Sheet Translation Including C-PAS Photos - click here for info
Included
500 - 1,000yen per auction sheet
Auction Bidding Fee
Included
500 - 1,000yen each vehicle
Auction Fee (charged by the auction each vehicle won)
Included
10,000 - 15,000yen per vehicle
Auction Negotiation Fee(charged by the auction for vehicle not sold during auction)
Port Cost (loading of vehicle onto the vessel - Ro/Ro Nagoya port)
Included
5,000 - 10,000yen per vehicle
Bank Transfer(recieving fee)
Included
2,000 - 3,000yen per transfer
Late Payment Penalty Fee
No Charge
2,000yen + per transfer
Sending Documents to Customer (via DHL or FEDEX)
Included
2,000 - 4,000yen per vehicle
Extra Inland Transport (vehicles not purchased locally to us - because we have the ability to purchase vehicles from auctions all over Japan, we do not include this cost in our set agents fee since it will vary depending on the location of the auction/s)
15,000 -45,000yen
20,000 - 60,000yen per vehicle
Advice
Always Free
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Below is an example based upon a vehicle brought for 900,000yen at auction for a customer.
Brave Auto
Other Agent
Auction Sale Price
900,000
900,000
Agent Fee
115,000
50,000
Auction Inspection Sheet Translation
0
1,000
Auction Bidding Fee
0
1,000
Auction Fees
0
15,000
Documentation Fee
0
5,000
Translation of Export Certificate
0
2,000
Consumption Tax @ 10%
0
90,000
Recycle Fee
0
18,000
Local Inland Transport
0
15,000
Cleaning Vehicle for Export
0
5,000
Detailed Photographs
0
10,000
Shipping Setup
0
25,000
Port Costs
0
10,000
Customs Clearance Charges
0
10,000
Bank Transfer
0
3,000
Sending of all documents to customer
0
5,000
Total FOB yen:
1,015,000
1,165,000
As you can see, with Brave's set agents fee there are no hidden charges.
No matter whether the vehicle costs 100,000yen at auction or 10,000,000yen +, our agents fee remains set at 115,000yen.
Consumption Tax (10%) - many agents charge you this government tax on the car cost as all agents in Japan are automatically charged this by the auction house. For example, if the car sells for 900,000yen at auction the consumption tax would be 90,000yen, resulting in the agent paying the auction (not including auction fees) 990,000yen for your vehicle. The higher the vehicles sells for at auction the more the consumption tax amount is.
However, here at Brave Auto International, we do not charge our customers the 10% consumption tax that we are charged by the auction house. You might ask yourself "why not" when other agents do. The simple answer to this is that after we have exported your vehicle we claim back from the government the 8% tax that we were originally charged by the auction. Many agents charge you this tax, claim it back and pocket it and you are none the wiser until you read this.
Recycle Fee (15,000 - 30,000yen per vehicle) - many agents will charge you a "recycle fee" which as the consumption tax above, we are automatically charged this government fee by the auction. The recycle fee will vary between 15,000 to 30,000yen depending on the make & model of vehicle. The recycle fee amount is always displayed on the auction sheet.
However, here at Brave Auto International, we do not charge our customers the recycle fee that we are originally charged by the auction. Once again, you might ask yourself "why not" when other agents do. As with the consumption tax, we as an exporter claim this fee back from the government once your vehicle has been exported from Japan.
Radiation Check Prior to Export - due to the recent disasters of 2011 here in Japan, many people importing vehicles are concerned about radiation affected vehicles. Unfortunately, some agents have seen this as an opportunity to profit from by charging their customers a fee for checking radiation. Here at Brave Auto International, we offer this service for free with Ro/Ro vehicles. Once again, you may ask yourself how can we do it for free when others charge. The simple answer is, the shipping lines are automatically checking the radiation levels of vehicle prior to loading and it is "free".
Local Inland Transport - all vehicles purchased by Brave Auto International are transported directly from the auction/s to our office/yard just outside of Nagoya.