FY3/2020(April 1, 2019 – March 31, 2020)

Comments on Used Car Auction Data (Jan. 2020)

The number of auctions held in January 2020 increased one auction at each of the three 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 down 5.6% (YoY) and number of contract completions was down 4.2% (YoY).

Monthly Used Car Auction Data

2019
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. 72 72 265,360 266,046 99.7% 156,986 159,017 98.7% 59.2% 59.8% 616 637 96.6%
May 66 63 248,623 232,114 107.1% 150,529 147,501 102.1% 60.5% 63.5% 651 662 98.3%
Jun. 78 81 257,709 254,075 101.4% 153,217 158,657 96.6% 59.5% 62.4% 668 706 94.6%
Jul. 80 74 249,936 224,212 111.5% 153,889 143,599 107.2% 61.6% 64.0% 685 716 95.7%
Aug. 64  72 210,323 206,245 102.0% 131,750 131,988 99.8% 62.6% 64.0% 708 726 97.6%
Sep.  72 78 229,142 234,019 97.9% 150,541 152,066 99.0% 65.7% 65.0% 732  715 102.3%
Oct. 81 80 252,790 234,741 107.7% 156,496 152,009 103.0% 61.9% 64.8% 684 707 96.7%
Nov. 81 76 257,226 257,451 99.9% 151,044 161,603 93.5% 58.7% 62.8% 713 726 98.1%
Dec. 66 69 196,407 207,046 94.9% 115,291 123,834 93.1% 58.7% 59.8% 696 660 105.5%
 Jan. 66 63 211,406 224,051 94.4% 130,627 136,324 95.8% 61.8% 60.8% 770 678 113.5%
Total 726 728 2,378,922 2,340,000 101.7% 1,450,370 1,466,598 98.9% 61.0% 62.7% 690 694 99.5%

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 January 2020 compared with the corresponding period of the previous year (January 2, 2019 to February 1, 2019) were as follows.  

  This month Prv. year YoY
Number of consigned vehicles:  211K 238K 88.6%
Number of contract completions: 130K 143K 90.9%
Contract completion rate: 61.8% 60.2%
Average price of vehicles contracted: ¥770K ¥691K 111.4%

TOP