The Yen fell as low as 75.66 against the US Dollar, but has since weakened significantly and now stands at 95.94. So for those using US Dollars to buy used vehicles at Japanese car auctions, prices are now 26.8% lower and are continuing to drop.
Osaka, Japan -- (SBWIRE) -- 03/13/2013 -- Integrity Exports has always been a top choice for used car importers looking for great deals on used vehicles without spending large sums of money. Integrity Exports not only has years of experience sourcing cars from auctions in Japan and arranging their export to used car dealers around the world, but also has a slick online interface that makes the whole process smooth from anywhere in the world.
Buying cars from a Japan car auction has become much more attractive recently as the Japanese Yen has plummeted in value against the US Dollar and other major world currencies. Car auctions in Japan have always been a great source of excellent value quality used cars as they tend to have relatively lower mileage and are well cared for.
On top of that, even a single car auction in Japan will offer between several hundred and over ten thousand vehicles for sale each week. Combine this with the fact that Integrity Exports gives customers access to 120 such auctions through one convenient online interface, and it is clear why they are such a popular choice for car importers around the world.
Such a wealth of high-quality and low mileage cars has always been attractive, but in recent months the exchange rate gains have multiplied interest from international used car buyers.
Customers using US dollars have seen prices drop 26.8% in relative terms, but they are not the biggest winners by a long shot. It's not even European buyers, who have enjoyed a strengthening Euro that has given them 32.8% price-drop windfall. No, it's major Japan used cars export market New Zealand that has seen an extraordinary swing in their currency that has pulled prices down by a massive 44.5% compared with early 2009.
About Integrity Exports
Integrity Exports is the only auction car purchasing agent in Japan that gives its customers a unique double price guarantee, assuring customers that they will never end up over budget nor tricked into paying a higher auction price for the car than they should. For more details visit their website at http://integrityexports.com/
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