Here's how Aucsat organizes used-car auctions via the Internet:
Inventories of 23 Japanese auction lots are available for online bidding.
New Zealand dealers make their bids via computer. If a dealer's bid is too low, Aucsat's computer can automatically renew the bid the next time that model is available.
Participating dealers pay $1,000 in fees per car for paperwork, shipping, commissions and agent's fees.
Cars are delivered in four weeks.