A vehicle auction sheet plays a major role in helping you make a safer choice when investing in a vehicle. It helps you provide even a minor detail about the car you are about to purchase. But the auction sheet comes with multiple jargons that might be difficult for you to understand. Considering this, I am here to provide you with a detailed auction sheet verification guide.
What is an Auction Sheet?
The auction sheet is a document that contains all the information about used Japanese cars imported to Pakistan. This sheet helps you understand the overall condition of the vehicle by grading each part of the vehicle. The auction sheet is generated at the auction house at the time of bidding. It is one of the most important aspects that prevent you from investing in the wrong vehicle.
Importance of Auction Sheet Verification
The auction sheet verification plays an important role before purchasing a used Japanese vehicle in the following ways:
Preventing Fraudulent Activities: By obtaining a detailed overview of the car’s appearance, you can be aware of any hidden accidental damage. This way, you are completely aware of the car’s condition and prevent getting fraud.
Paying the Right Price: You can see if you are paying the right price for the vehicle, depending on its overall condition.
Making an Informed Decision: The Auction Sheet Verification Process helps you purchase a vehicle confidently by knowing the accurate condition of the vehicle. Auction sheets for vehicles are the best source of information that safeguards your investment.
Information You Get From the Auction Sheet
When thinking of purchasing a vehicle, knowing the model, mileage, engine, etc, is not enough to make the decision. Instead, to have a complete understanding of what the car has to offer, you will need to know the other information as well. The vehicle auction sheet provides you with the following information so that you can make a wise decision.
- Interior and exterior condition
- Number of doors and seating capacity
- Fuel type
- Color
- Air conditioning
- Repair and accidental history
- Dents or dimples
- Rust and corrosion
- Engine details
After considering all this information, the vehicle is graded depending on its interior and exterior condition.
How To Read the Auction Sheet?
When you open the auction sheet, you might find it difficult to read it. However, here is how you can:
Interior Codes
The interior of the vehicle is graded from A to D and has the following meanings:
| Grades | What Do They Mean? |
| A | Completely new with zero faults |
| B | Clean and nice |
| C | Average |
| D | Damages like wear and tear, cigarette marks, smell, and rips |
Vehicle Features
The following are the abbreviations used for the vehicle features:
| AB | Airbag |
| TV | Television |
| PS | Power Steering |
| PW | Power Windows |
| SF | Sun Roof |
Codes Used in Vehicle Diagrams
The vehicle diagram is located at the bottom right corner of the auction sheet and includes multiple codes. The following are some of them and their meaning:
| XX | Panel replacement |
| A | Scratch |
| A1 | Tiny scratch |
| A2 | Medium scratch |
| A3 | Deep Scratch |
| B | Large fent |
| U | Pin Dent |
| U1 to U4 | Moderate Dent |
| G, X, or A | Chip |
| Y (Y1-Y4) | Cracks |
| P (P1-P4) | Paint damage |
| S / C (C1-C4) | Rust/Corrosion |
Exterior Grades
The exterior is given the following grades and meanings:
| S | New |
| 5 | Original condition No repair needed Cars less than 3 years old |
| 4.5 | Almost as good as new |
| 4 | Better than average wear and tear, maybe a few marks here and there |
| 3.5 | Normal wear and tear for a vehicle of its age |
| 3 | Requires some paint and panel work |
| 2 | Serious panel damage |
| 1 | Worse condition car |
| 0, A, R | Accidental damage and repair |
| *** | Serious faults |
Get an Auction Sheet at OLX
You can get an auction sheet verification service from OLX. Go to the motors section on the website or the application, and you will find an auction sheet verification option. It only requires the chassis number, full name, and phone number.
Conclusion
To sum up, the auction sheet verification is the process of verifying if the vehicle you are interested in is completely according to your expectations. Who would want to purchase a vehicle that has hidden accidental issues or marks? This auction sheet helps you make an informed decision and safeguards your investment.
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