Ninkiplal Co; Ltd. conducts business in accordance with INCOTERMS 2011 regulations. All claims and disputes will be resolved based on the terms of INCOTERMS 2011. You can find our business terms and conditions below. Please read them carefully before you start navigating through our system. Any usage of our website and orders placed will be considered as acceptance of our terms and conditions.
Terms of payment Initial Deposit To order a vehicle, you need to send a security commitment deposit as shown below Vehicle price Range Required deposit (US$) Up to $5,000 - US$ 1,000 US$5,001 ~ US$10,000 - US$ 2,000 US$10,001 ~ Above - 20% of vehicle price After purchasing a vehicle, the deposit will be allocated as partial payment for the vehicle.
Bidding You can start bidding only after we have received your deposit. Please bid for any number of cars of your choice;
1st Payment (pre-shipment payment) After the vehicle is purchased, the pre-shipment payment is required within 10 days. The shipping procedure will start only after receiving this payment. 0.1% penalty of the total amount will be charged if payment is not received within 10 days If payment is not received within 30 days after purchase, we reserve the right to cancel the deal and charge you a penalty for non payment. Vehicle price Penalty Up to US$5,000 - US$1,000 US$5,001 ~ US$10,000 - US$ 2,000 US$10,001 ~ Above - 20% of vehicle price
Balance Payment The balance(s) must be paid within 7 days after the ship has left Japan, before the vehicle arrives at the port of destination. The BL (Bill Of Lading) will be sent to you only after receiving your payment.
Credit limits Your total balance should not exceed the limits shown below. $10,000 (1,000,000 Yen) for new dealers Negotiable for long term dealers
Cancellation policy We do not require a cancellation fee if you cancel your order before your vehicle is purchased. However, if you want to cancel your order after the vehicle is purchased for you, a cancellation fee is required as shown below: Vehicle price Cancellation fee Up to $5,000 - US$1,000 US$5,001 ~ US$10,000 - US$ 2,000 US$10,001 ~ Above - 20% of vehicle price If the vehicle has already arrived in your port, but you failed to pay the balance, we reserve rights to resell your vehicle to 3rd party and hold the whole paid amount as cancellation fee.
Storage fee If we do not receive your pre-shipment payment within 10 days, the shipping will be delayed and storage fee will be charged. Storage is free for 30 days. From the 31st day, storage fee is charged as below:
** 500 yen (US$5) per day for passenger vehicles
** 1,000 yen (US$10) per day for trucks over 2 ton and buses 26-29 seats
** 1,800 yen (US$18) per day for trucks over 5 ton and buses over 30 seats
Condition of vehicle We provide you access to all car auctions in Japan where you can choose vehicles from. We suggest you check the auction sheets very carefully before placing any bid (auction sheet explanations are on our website). We strongly advice you not to buy the following vehicles due to risk of possible defects:
=> mileage over 100,000km
=> auction grade 3/2/1/0/R/RA and ****** (marks)
=> certain models with high possibility of factory defects (we will inform you when receiving your order)
=> We check the condition of the vehicles very carefully before we place any bid, we make all decisions based on the information provided by the auction sheets. => We do not purchase a vehicle if any of the following problems is mentioned on the auction sheet:
* engine problem
* transmission problem
* repainted body
Actual condition of the vehicle doesn’t always match the explanation on the auction sheet. One out of few units may have engine, transmission or other serious problems. We recommend you to bid US$100-US$500 lower than your budget for each unit and keep a budget for possible repairs. We will not be held responsible for any mismatched information between the auction sheet and the actual condition of the car since you will be choosing the cars yourself and buying directly from auctions.
Damages during shipment by RORO We are not responsible for any damage, theft or any other losses while shipping by RORO
Damages during shipment by container Vanning of our vehicles is done by very experienced and high quality vanning companies in Japan. However, there is a risk of damage in certain cases (clearance is not enough between vehicles, improper re-loading of containers, storms in the ocean, improper de-vanning etc) We are not responsible for any damages in containers; however we may accept your claims and forward them to the vanning company under following conditions:
file a claim within 2 days after the arrival of the container
repair cost exceeds $300 per vehicle
number of cars in 40ft container 4 or less and 20ft container 3 or less
No claims will be accepted for vanning of 5 or more units in a single container; vanning of extraordinary large vehicles; in cases when we inform you about the risk by email and you have accepted it. To file a claim, you need to provide us with pictures of the damages. After receiving pictures of damages, we will send them to the vanning company for consideration. We will compensate you for the damages only if we receive compensation from the vanning company.
Radiation All vehicles are inspected for radiation at the moment of delivery to the shipping port. The vehicle will be shipped only if the radiation level is within the accepted international standards (0.3 mSv/hour). All vehicles are given a “Radiation Free Certificate” prior to shipping. We do not bid for cars from these auctions; USS Tohoku, TAA Tohoku and JU Fukushima for possible risk of radiation.