Quote:
Originally Posted by tricky_ab
Not handing it? I guess I wasn't specific enough. I meant that they would not charge you any "storage" fees till the car is ready to ship. All the venders that I had inquired while importing my car, and you pay for the actual item after you win the auction.
If that's what you are talking about...
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There are a few ways of doing things. We don't charge any storage fee and it isn't "rolled" into the price. We're not in the heart of Tokyo/Osaka/Kobe so everything is cheaper out here. We have some space and didn't feel the need to charge for it. If someone wanted to store a car for 2-3 years that's a different story.
A deposit to bid on a car is pretty standard industry practice. We charge $2,000. If we win an auction we have to have to get payment in full over to the auction house the next day. We give our customers a week to make final payment.
However, we're very low volume operators in terms of "sports cars". Most of what we buy are sub 200,000 yen commuters that get sold locally.