These are like a ‘sealed bid’ auction – the time counts down to the beginning of the auction, when everyone bids their maximum amount. The highest (typically) wins for a few hundred more than the second-placed bid – unless there is a hidden reserve.
The standardized process for auctioning a Japanese vehicle provides a thorough description of the car’s condition on an auction sheet. This process reduces some of the risk of buying a car sight-unseen. If you have given your deposit, we can translate the auction sheet for free for units that you like.
JDM cars at auction can be listed up to 4 days in advance, but are often posted with only 24 hours notice.