How to evaluate the actual price of a vehicle

Before you enter a bid, you may find it useful to check out the price of sold vehicle as well as the “consolidated statistics data” for the vehicle you are looking at. This can provide very helpful information on what grade of vehicle commands what price on average.

Looking for a vehicle sold price

When researching a vehicle you want to bid on and trying to determine an appropriate bid to enter, you may find it helpful to look at past auction results.  The AA Japan auction system allows you to look up the prices at which specific vehicles have sold, as well as the average prices for a given model.

To look up the prices of sold vehicles, click on “Japanese Auto Auctions Sold Prices” on the top toolbar.

You can examine individual auction results to find out what the final bidding price was for that specific vehicle, and also check the average price at which that model has sold. Doing so will help you get a firm grasp of what the model you’re searching for is selling at and adjust your bidding.

From here, you can do a “Search by Manufacturer”, “Basic Search” or “Advanced Search” for the vehicle you are looking for.

Checking consolidated statistics data for your vehicle

You can access the consolidated auction statistics for a vehicle by clicking the “See consolidated statistics data” tab in the “Average Price” section of a vehicle’s auction page. Please note all prices are stated in thousands of Japanese Yen.

The first set of statistics you will see is the “Auction Grades Scale”.

Below this section title, on the left-hand side of the screen, you will see the list of Grades for your vehicle listed along with the follow information:

  • Total bids (number of bids on vehicles in this grade category recorded in the system)
  • Min price (minimum winning bid for vehicle recorded by system)
  • Price 10% probability
  • Middle price (middle price according to the 80% middle scale of prices)
  • Price 90% probability
  • Max price (maximum winning bid for vehicle recorded by system)

To the right, you will see a line graph indicating the middle-price in thousands of Japanese Yen. The vertical axis (left-hand side) indicates price, while the horizontal axis (bottom) indicates grade. This graph allows you to visualize how much grading impacts the price of the vehicle you are looking for.

Below the “Auction Grades Scale”, you will find the “Basic Price Scale”.

The Basic Price Scale is the simplified version of the grading/price scale seen above. It charts minimum, middle, and maximum price in a linear way, taking all the grades of the same vehicle sold on auction. The following figures are shown:

  • Minimum price (minimum winning bid for vehicle recorded by system)
  • Middle price, 10% minimum scale (middle price calculated using the lowest 10% of sold prices)
  • Minimum price, 80% middle scale (minimum sold price recorded in the middle 80% of sold prices)
  • Middle price, 80% middle scale (middle price calculated using the middle 80% of sold prices)
  • Maximum price, 80% middle scale (maximum sold price recorded in the middle 80% of sold prices)
  • Middle price, 10% maximum scale (middle price calculated using the top 10% of sold prices)
  • Maximum price (maximum winning bid for vehicle recorded by system)

Below the “Auction Grades Scale” and “Basic Price Scale”, you will find the “Mileage” section, offering statistics on the number of bids placed on vehicles at different mileages.

Mileage is calculated in thousands of kilometers travelled, on a scale divided into the following categories: 0-25, 25-50, 50-75, 75-100, 100-125, 125-150, and 150> (150 and above). These figures are compared against total number of bids, and also shown as a percentage of the total number of bids.