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

Comments on Used Car Auction Data (Feb. 2020)

The number of auctions held in February 2020 increased one auction at each of the six auction sites, including HAA Kobe and Kyushu site compared to the same month in the previous fiscal year because of calendar factors.
As a result, number of consigned vehicles was down 4.0% (YoY) and number of contract completions was down 2.0% (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%
Feb. 78 72 251,864 262,464 96.0% 158,104 161,389 98.0% 62.8% 61.5% 738 679 108.7%
Total 804 800 2,630,786 2,602,464 101.1% 1,608,474 1,627,987 98.8% 61.1% 62.6% 695 692 100.4%

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

  This month Prv. year YoY
Number of consigned vehicles: 251K 277K 90.8%
Number of contract completions: 158K 170K 92.9%
Contract completion rate: 62.8% 61.4%
Average price of vehicles contracted: ¥738K ¥670K 110.1%

TOP