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JAPANESE MOTORCYCLE AUCTIONS


BIDDING ON JAPANESE MOTORCYCLES AUCTIONS

INTRODUCTION

Motorcycle Auctions – You now have the opportunity to have access to buying any
motorcycles and parts with MY50.com via our Japanese motorcycle auctions.
Japanese motorcycle auctions offer all kinds of motorcycles from mopeds and
scooters to sports bikes and cruisers as well as off-road bikes and vintage
motorcycles. 

REGISTER TO BID.

You can register here to browse and bid on thousands of motorcycles every week.
Registration is FREE.


ITS FREE TO SIGN UP!

Register / Login Here!




MOTORCYCLES RECENTLY SOLD AT AUCTION

There is a wide range of motorcycles available on Japanese Motorcycles Auctions
from Scooters and Mopeds, to Cruisers, Sports Bikes, Vintage Motorcycles,
Classic Motorcycles and Off-Road Bikes.




HOW TO BID ON JAPANESE MOTORCYCLE AUCTIONS




HOW TO BROWSE MOTORCYCLE AUCTIONS:

Once you have registered you will be led to a search dashboard where you can
search bikes by many different variables.  There are several different auctions
each week. If the motorcycle, you are searching for is not listed it’s because
there is no bike like that on this specific auction but try another auction or
another date. 

Remember you are not buying off a shelf you are buying on what’s available to
the market at that time. This is why it is good to spend some time learning the
market to see what’s available. Browsing is FREE so log in and browse often so
you get to know what the options are.

 

If you would like a FREE training session on how to use the system please feel
free to CONTACT MY50 and we will guide you through the process on a Zoom call or
phone call.

BIDDING

Once you have found the bike you want to bid on enter your bid amount and “put”
your bid in. This action will send us an e-mail and we will get in contact to
confirm your bids and go through the process with you.

NB*** There is no commitment from your side until we have been in contact with
you. Once we have been in contact and made sure this is the bike you want we
will place the final bid on your behalf.

BEFORE YOU BID YOU NEED TO KNOW

 * Buyers must ensure the auction number and the bidding price are correct.
   MY50 Limited will not take any responsibility for errors made by the Buyer
   with the auction number or bidding price.
 * All bids are FOB (Free On Board) unless otherwise previously agreed between
   MY50 Limited & the Buyer. This means all local costs are included in the FOB
   bid price that you place. These costs include but are not limited to: Auction
   Fees, Transport Fees, Admin Fees, Bike Packing Fees, and Local Bike Transport
   Fees. 
 * All Vehicles or Bikes purchased through the MY50 World Auction system are on
   an “AS IS” basis. This is important to note! Although MY50 and its agents try
   our best to describe, catalogue and photograph bikes the final decision is
   yours.
 * MY50 Limited, agents and intermediaries will not accept any Claims due to the
   bikes bought not being in the condition expected.
 * Claims will NOT be accepted for
 * Bikes that are Ranked 0, or 1, 2,3,4,5,6 or NOT Ranked.
 * All Claims for any product bought through MY50 Limited must be made within 7
   calendar days following the date of purchase.
 * Any Claims for any product bought through MY50 Limited regarding packing or
   damage occurring in a container must be made within 7 calendar days following
   the Date of unloading.
 * If requested by the Buyer, MY50 Limited will inspect the bike and give the
   Buyer feedback/advice prior to bidding on the bike.
 * If more than one bid is received for the same unit and that unit is purchased
   the unit will go to the Highest Bidder.
 * MY50 Limited will try to keep the Buyer informed of current bids on the Bike.

FINAL BIDS

 * All bids are final, therefore unless the Buyer alters the BID with MY50
   Limited prior to bidding. This can only be done 6 hours before the start of
   the auction. (NB** auction times are based on the local time of the country
   in which the auction is taking place)
 * When the Buyer wishes to cancel the purchase of the Unit after MY50 Limited
   has bought the unit, a request to MY50 Limited must be received within 24
   hours of purchase. The buyer will be responsible for paying a cancellation
   fee of 50% for each bike or parts. In addition, any losses incurred on the
   resale of the unit. Please contact MY50 Limited for Details of the current
   cancellation fees.
 * Customer-bought Bikes or Vehicles are subject to a Foreign Storage charge.
   Charges are on a per unit per week basis. Based on the currency of the
   country in which the auction took place.
   Please contact MY50 Limited regarding the current Storage charges.
 * All prices are in Japanese YEN / USD /NZD /AUD or currency related to the
   country of origin for the storage.

RANKING SYSTEM

All bikes that go to auction will have a ranking, to help you gauge the overall
condition of the motorcycle. MY50 Limited ranks are slightly different from Live
auction ranks. Our ranks are more value-orientated than most auctions. For
example, some Live auctions rank aftermarket parts down, but MY50 Limited will
give a good rank for good quality and this may include aftermarket parts. If you
want totally original bikes you need to be aware of this when bidding and
looking at photos. If you are unsure ASK!

Rank

Meaning

Rank 6 to 10

Mint. New Bike or Near New Condition – Never Used and probably not started. May
Still be in the Crate, may have VERY low mileage. No noticeable Scratches.

Rank 5

Used Bike is Very nice tidy and clean condition. May have very light scratches
if any and average mileage. Requires no repairs.

Rank 4.5

Light Damage overall a clean bike.

Rank 4

A Used bike in average condition for the type of model it is. No missing parts
and ridable. Damage is limited: Scuffs, cracks, small dents, etc. Comments are
made on these points.

Rank 3

The bike requires repairs or replacement of parts to make it complete and
ridable. Will comment on major problems only.

Rank 2

May be rusty, requiring restoration of major parts. May be missing some parts,
but structurally OK.

Rank DAM

This Rank is for crashed or suspected Crashed Bikes. NO Claims – MY50 Limited
will check the Bikes as best as we can and advise on Frames and other parts of
the Bike.

 

PACKING YOUR BIKE

Your bike arrives at the depot. Packing staff prepare the Bike by removing,
wrapping and cataloguing parts that may be damaged or may damage other units in
the container. The Parts removed are carefully wrapped and labelled for your
ease when unloading and assembling the motorcycles.

On packing day Bikes are covered with Blankets or thick Japanese Futons and are
loaded into the container one by one. The Bikes are fixed to the floor by their
stands and wheels are stopped using blocks nailed to the floor. A floor is built
and then bikes are loaded on this floor. To protect bikes further sometimes
Bubble wrap is used to cover the panels.

OUT OF OUR CONTROL

Unless MY50 Limited or its agents and intermediaries use a different method of
packing, which will greatly affect the value of using a container, MY50 Limited
cannot guarantee any packing when the container has been moved by rail over any
distance. We strongly recommend that wherever possible you arrange your shipping
route to be able to use trucking instead of rail. The Shunting movement of
trains causes a lot of damage and is very hard to protect Bikes in a container
against this kind of movement.

INSURANCE

Understand the risks involved in moving vehicles, this risk belongs to you. MY50
Limited and all associated partners will do our best to ensure safe storage,
movement and unpacking of your bike but the risk is your responsibility. If the
bike you have bid on and won is of very high value we suggest talking to your
private insurance company with regards to the type of insurance they can provide
to mitigate these risks.

MY50 Limited does not offer any insurance and will not be held responsible for
any damages caused whatsoever during the transportation part of the purchase
regardless of the situation.

STORAGE

Motorcycles are moved by our agent’s staff and are stored in a secure, clean and
dry warehouse until they are packed and shipped to your country.

SHIPPING

FOB means “Free On Board”. This is where all the costs of the country of origin
are paid for. Any other charges like customs and transport on your side are not
paid for when you purchase the bike. Please note customs, port and biodiversity
charges vary from country to country and may fluctuate without prior notice. You
will be responsible for these charges.

As far as possible MY50 Limited will inform you of the expected charges but can
not be held responsible for any fluctuations in pricing or additional costs that
may incur due to unforeseen circumstances.   

For all bikes sent in containers, our agents will dismantle expensive parts or
parts that pose a threat to other bikes while in transit. E.G., Indicators,
 mufflers, footrests and mirrors. We also wrap all parts that are pulled off the
bike in bubble wrap and label each one with the packing number for that bike.
Bikes are then wrapped with thick blankets and held in position in the container
by wood. MY50 Limited agents and intermediaries will pack two floors in the
containers. This increases the amount of bikes you can export in each

container. MY50 Limited takes pride in the partners we choose and trusts them 
to pack our containers in the best way possible. We feel that you will not find
a better company for packing your bikes anywhere in the world.

COSTS INVOLVED


WE DO NOT CHARGE FOR YOU TO BID ON ANY MOTORBIKES THERE ARE ONLY CHARGES FOR
SUCCESSFUL BIDS!

You can bid on as many motorbikes as you wish. However, we do have to hold a
security on the bikes you bid on, to ensure that we will receive payment should
the bid be successful. EG if you want to bid on a bike for $3000 we need to have
a 50% deposit ($1500) in our holding account 12 hours before bidding. Some of
our bidders like to leave a float in the account so they can make last-minute
bids. This is up to you.

ADMIN COSTS

For successful bids there is a standard MY50 admin fee of $250 (excluding GST)
this fee is used against the admin costs of getting the bike shipped to your
location. The admin fee is per successful bid and is only charged if your bid is
successful.

Admin fees are only charged on successful bids so feel free to bid on as many
bikes as you like.

FULL PAYMENT

Full payment for the bidding amount plus the admin fee in New Zealand Dollars
($) needs to be paid to our New Zealand Bank account 3 days after a successful
bid. Late payments will incur a $50 per day late payment fee. After 14 days if
full payment is not received MY50 will resell the bike to recover costs.

DISCOUNTS

Discounts can be negotiated with frequent bidders. If you are using our portal
on a regular basis we appreciate your custom and would be happy to set out rates
that suit the frequency of your purchases.

TRANSPORT, SHIPPING AND GST

Additional costs can be expected depending in your country of landing. Costs
vary from country to country. This is to give you a general idea. Please note as
per above you will be responsible for these charges and they must be factored
into the price you are willing to pay for a bike. Shipping fees fluctuate as a
result we will only be able to give the final shipping fees when bikes get
packed for shipping.

 * Purchase price of your bike: I.E The amount you bid for the bike.
 * GST – General Sales Tax for your country. 
 * Shipping and Ports Charges – $450 plus GST
 * Local transport – This depends on where you are located from the landing
   port. FREE if collected from the Port of Entry
 * Local storage – should you not be able to collect your bike we can store it
   on your behalf. Costs are $50 per week.

NB* All local costs exclude GST where applicable.

Contact MY50 for an additional costs check sheet so you can work out any
additional costs.

Other potential charges in countries with biodiversity laws may include:

Biosecurity inspections.

NO PAYMENTS WILL BE REFUNDED UNLESS:

 * Your bid is unsuccessful – I.E you do not make the highest bid
 * You cancel your bid 12 hours before the start of the auction as set out
   above.

All additional payments for Japanese Motorcycle Auctions as set out above will
need to be settled before your bike/ s can be collected. No bikes will be handed
over until full payment of all costs is received.

NB** Should MY50 not receive the balance of costs before the day of landing MY50
reserves the right to sell the bike at any sale price to recover these
additional costs. The cost to be covered will include but not be limited to:

 * Admin
 * Storage
 * Marketing the sale of the bike
 * Transportation
 * Other

No further claims or disputes will be entered into.

REFUNDS 

All monies for unsuccessful bids or bids cancelled before the 12-hour cut-off
will be refunded within 7 working days for unsuccessful bids or can be left in
our account for future bids. 

REFUND COSTS

All refunds will incur an admin fee of $15.00 (this fee will be waived for
consistent clients who have made 5 or more successful bids) 

REGISTRATION OF BIKES IN YOUR COUNTRY

Bikes will come with a certificate of purchase which can be used to register
your bike for road use in your country. NB* Please note these laws vary from
country to country and you should understand the restrictions and costs in your
country to register your bike before you bid should you want it to be
road-legal.

Some bikes will require certification depending on the laws in your country.
MY50 Limited will not be held responsible if you cannot register the vehicle for
road use due to specific laws relevant to your country.  This is your
responsibility to understand before bidding.

TERMS

Bidding on motorcycles through MY50 Limited via worldwide auctions is subject to
the MY50 terms of use.

DISPUTES

Should any disputes arise, MY50 Limited is a New Zealand-registered company and
will be settled under New Zealand Law. NZB -9429047424678 

See – NZ companies Register 

COMPANY DETAILS

MY50 – NZB -9429047424678 

www.my50.com

+64 21 045 0918 

BUSINESS PRACTICE

MY50 Limited, its directors and employees pride themselves on providing
excellent service, and open and honest business practices. New Zealand is rated
number 1 in the world for the safest country to do business and we stand by
these morals and ethics. We will only trade with businesses and individuals who
display these same business ethics.

BOOK FREE TRAINING

Click here to book a free training and consultation session so we can answer
your questions and help you navigate the system.

Register Here Book Training

Register Here


Register Here




Register Here



FINANCE OPTIONS 

You can now finance your bike through our partners at MTF Finance 


FINANCE AVAILABLE 

Finance may be available through MTF Finance Nelson

 * Hassle-free application
 * Payments you can afford
 * Local, personal service.

Offer of finance is subject to terms, conditions, lending criteria, responsible
lending inquiries and checks. See mtf.co.nz/terms for details.

Apply For Finance Online


About us


MY50 is simply a platform to promote, support and unite a community of people
who enjoy 50cc motorbikes, mopeds and scooters.


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