Terms Of Trade ;

Purchasing cars by ADS need to set up a business & trade account in Has-Nihon Trading Co., Ltd . This can be done by registering yourself and getting a Membership from Has-Nihon Trading co., Ltd. You can find your car(s) through ADS, help & support in all stages from search, bidding , purchase and until deliver the car to your country port , will be followed and proceed under the control & profession of Has-Nihon Trading Co., Ltd. For this reason, We set up a system which is consists of following guidelines and terms of trading.

1. Joining To Membership ; Before you Bid:

In order to start searching cars in ADS you have to register yourself to Hasnihon Site www.hasnihon.com and then choose the type of Membership you wish to be and in which payment plan and purchase style;

See in About System page (in section How to purchase cars through ADS)

2. Payment of Security Deposit or Advance Deposit:

After completing the Membership and decide the type of Membership willing to be upgraded in order to purchase from auctions, you can make payment of security Deposit or Advance Deposit either by Bank T.T or by Paypal. As soon as we confirm the deposit payment , your account will be upgraded and ability of purchase from auctions will be activated.

3. Placing Bids on Auctions On line; Sent us your price on Bidding or FOB base:

Search your car in Auctions online and make your offer in Desired maximum Price on BIDDING or FOB Base for specific unit. Make sure you get full information and details about the Vehicles before making your bids. FOB prices includes all the fees for the purchases including Auction buying cost. Of course on which price base (Bidding price or FOB price) you asked will not make difference as we will give you full detail after your car has been purchased. It is just depends which one is easier for you to understand and carry on your business.

We will inform your result of your bids by email and in P. Invoice which will be issued accordingly.

4. Translation & Pre-Inspection Fees:

If you need additional support to make bidding for the desired car in auction , additional fees are required ;

1- Translation of auction sheet (report) :

Each auction sheet translation cost 500 Yen . As many as you required we can make translation in one day. The payment will not be needed upfront as can be paid with the P.invoice or we can deduct from Security Deposit at the end. If the bidding is successful or missed with a small amount difference of maximum 20~30,000 yen short , translation fee will not be charged to the Bidder.

2- Pre-Inspection Fee ;

If customer need a physical check of any unit which is in a possible auction on the specific day , the charges will be as under; (this request has to be done 24 hours earlier then the auction day)

• Physical inspection only : 3,000 Yen per unit.
• Physical inspection & Detailed photos : 10,000 Yen per unit.

5. End of Auction:

If successful, the purchase price of the vehicle at auction will be forwarded to the customer along with the FOB PRICE, fees associated with it according to chosen Purchase style and Payment plan. If another shipment style beside of FOB is required such as C.I., C&F or C.I.F. can be organized. If insurance for freight ( Marine and/or Fire and Theft Insurance) is also required please contact us as it is not included as standard.

If unsuccessful, the results of the auctions are forwarded to the customer for review. Successful purchases are transported to the Port or Has-Nihon Yards. Data entry of all details and photographs are loaded onto the internet and viewable in the customers account if required by chosen Purchase style. (My Account is partly under construction now) Vehicles are shipped approximately 14-21 days after purchase depending on shipping schedules and documentation unless opposite instruction not received by Customers.

6. Payment Terms:

Payment has to be in %100 FULL accordingly to the chosen purchase plan ( plan A or Plan B ) after receiving the P. Invoice which will be issued one day after the purchase. Partial payment is not acceptable for purchases from Japan Auctions.

If the customer fails to pay the Full FOB Price for bought vehicles, after authorizing us for bidding in auction, the security deposit submitted for premium membership will be seized & your membership will be changed to ordinary. Company also reserves the rights of canceling ordinary membership too.

Payment is by TT in Japanese Yen or US$, however funds will only be credited in yen at the rate of day. Credit cards are not accepted except for the initial deposit by PAYPAL. We require that you keep a Security deposit of 100,000 yen in your account to continue bidding. If you have finished business with ADS then we can deduct this amount from your final purchase. You can purchase as many vehicles as you can pay for. The Security Deposit or Advance Deposit is just a goodwill measure to sort out the serious dealers from the web surfers.

If you chosen to purchase car by advance deposit method, you can just pay the remaining balance after you receive the P.Invoice of the purchased car and end your Membership in ADS , while your Membership in Has-Nihon Trading company will be exist as Ordinary Member status and you can purchase cars from stock, or re-activate Auction purchase ability again , whenever you need to purchase car from auctions.

7. Cancellation of a Purchased Unit:

An order for a vehicle can be cancelled at any time between the moment it is bought at auction and the moment it is booked on a ship for transportation from Japan. Once this booking has occurred, the order cannot be cancelled and the full value of the car must be paid.

In the event of cancellation, a cancellation fee of 100,000 Yen must be paid within 7 days, Meanwhile bidding for another car will stop and if not received within 7 days, depsoit will be seazed and Membership will be cancelled.

8. Fob Price includes and excludes:

The FOB price includes all the regular costs for getting your car onto the ship (although not the shipping , ocean freight, itself). Once the car arrives in our country you will pay freight collect, compliance, registration, duty, tax etc. and all other costs there. You will have to find out what these will be as each nation has different laws concerning car imports.

9. Your countries import & registration restrictions:

We assume that the buyer knows what can and cannot be imported to the destination country. We will not bear responsibility for cars purchased if the buyer does not inform us before bidding of what restrictions are on vehicle importing. When bidding please enter relevant info into the Message box ( eg. Must be less than 5 years old, must have airbag etc.) for anything that is not obvious and not be seen (clear) in auction sheets.

We assume that buyers are familiar with the regulations concerning import approval and compliance for their own countries. As such, the responsibility to comply and register the car is entirely the buyers. We will deal with everything in the export process until the vehicle is landed in your country.

Customs, compliance, tax, duty, registration is entirely the buyers responsibility so please make sure you are familiar with all the regulations governing car importing into your nation.

10. Terminology:

FOB (Free On Board) = A + B

With FOB the customer is responsible for payment of the ocean freight to the destination port shipping agent. This largely depends on the shipping agent & destination ports. This term only includes the following:

A: Cost Price of the vehicle ( Auction / supplier buying cost)

B: Japan-side Exporters costs = Export Fee (in-land transportation, customs & shipping procedure, documentation etc.)

CI ( Cost and Marine Insurance )

The same as FOB but includes Marine insurance to ship the good)

C&F (Cost/Freight) = A + B + C

This is term contains the following:

A: Price of the Vehicle

B: Japan-side Exporters costs = Export Fee (in-land transportation, customs & shipping procedure, documentation etc.)

C: Ocean freight (this cost is the cost of shipping Lines Charges to carry the car to your country port)

CIF (Cost / Insurance / Freight)

The same as C&F but includes Marine insurance to ship the good)