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Auction Data

FY3/2018(April 1, 2017 - March 31, 2018)

Comments on Used Car Auction Data (Jul. 2017)

The number of auctions held in July 2017 decreased one auction at each of the four auction sites, including Nagoya and Osaka site compared to the same month in the previous fiscal year because of calendar factors.
As a result, number of consigned vehicles was up 4.9% (YoY) and number of contract completions was up 3.6% (YoY).

Monthly Used Car Auction Data

2018
Results
Number of auctions Number of consigned vehicles Number of contract completions Contract completion rate Average price of vehicles contracted (thousand yen)
Current FY Previous FY Current FY Previous FY Changes Current FY Previous FY Changes Current FY Previous FY Current FY Previous FY Changes
Apr. 68 72 234,454 233,303 100.5% 138,362 140,412 98.5% 59.0% 60.2% 572 598 95.6%
May. 55 50 183,593 165,327 111.0% 116,398 109,067 106.7% 63.4% 66.0% 603 625 96.5%
Jun. 69 70 218,888 195,240 112.1% 138,964 127,811 108.7% 63.5% 65.5% 684 670 102.0%
Jul. 68 72 195,997 186,899 104.9% 127,444 122,962 103.6% 65.0% 65.8% 672 688 97.8%
Total 260 264 832,932 780,769 106.7% 521,168 500,252 104.2% 62.6% 64.1% 633 644 98.3%

Note: Amounts less than the units shown are discarded but percentages are rounded to the hundredths place.

Year on year comparison (calendar factor adjusted)

After adjusting for calendar-related factors, the results for USS Group auctions in July 2017 compared with the corresponding period of the previous year (July 2, 2016 to August 1, 2016) were as follows.

This month Prv. year YoY
Number of consigned vehicles: 195K 175K 111.4%
Number of contract completions: 127K 116K 109.1%
Contract completion rate: 65.0% 66.4%
Average price of vehicles contracted: ¥672K ¥679K 99.0%