1. You have purchased at least one vehicle from the Stock List through the TAU Site and the payment has been confirmed by TAU. Or auction deposit (JPY100,000) has arrived to the bank account of TAU.
2. You have never canceled your sales contracts by your reason after winning the bids. (By purchasing a vehicle from the Stock List and upon confirmation of the payment by TAU after paying cancellation fee or auction deposit (JPY100,000) has arrived to the bank account of TAU again, you will be eligible for bidding.)

In the event that TAU, in its sole discretion, determines that you are disqualified for bidding, your bidding eligibility may be withheld regardless of your fulfillment of the conditions set above. In such a case, sales contracts for any awarded vehicles and your contractual rights may be cancelled.

The prices on the Auction List reflect vehicle prices only. Additional delivery/shipping charges will apply when you request a delivery/shipping arrangement. Please select a destination and shipping method when placing a bid.

There are two methods of bidding:

Straight Bidding

The system will immediately place your bid at the exact amount you entered.

Automatic Bidding

In automatic bidding, you enter the highest amount you are willing to pay (your maximum bid). The system will place a bid which is greater than the previous bid by the smallest bid increment and it will keep increasing your bids on your behalf, based on the bid increment, up to your maximum bid price (your maximum bid will not be displayed). This method will enable you to win the auction within your budget and at the lowest possible price.

You will receive the updated status of an auction, via an automated transmission system, at your registered email address when (a) you place a bid; (b) another bidder makes a higher bid than yours; (c) a bid is awarded a contract. The above information is also available on the "MY AUCTION" section of your Members page.

The winner of an auction will receive a "Sales Contract email." Please remit your full payment by wire transfer to the specified bank account within 48 hours of completion of a sales contract.

Please note that cancellation of the sales contract will not be permitted after winning the bid.

Upon conclusion of a sales contract, please follow the same procedures as you would when purchasing from the Stock List. See the "Offer" section for more details.

In the event that bids are entered within 10 minutes of its closing time, the auction will extend for additional 10 minutes to avoid overlaps of last-minute bids. This extension will repeat until no bids are entered during the extension.