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USS Group's Used-Car Contract Rate Climbs to 65.1% as Sales Outpace Listings

The number: USS Group sold 619,002 vehicles in the June quarter, up 8.4% year-on-year, while listings rose a slower 4.7% to 950,380. The result: a contract rate of 65.1%, up from 62.9% a year earlier, with Tokyo and Kyushu leading and Osaka the lone large venue to shrink.

Jul 6, 20262 min read
Rows of used vehicles with numbered tags lined up in an auction yard, illustrating rising sales volume at a car auction operator.

Japan's largest used-car auction operator sold vehicles faster than sellers could list them in the three months to June 2026. Buyers closed 619,002 deals at USS Group auctions, up 8.4% from 571,099 a year earlier, while sellers consigned 950,380 vehicles, a smaller 4.7% increase.

That gap between supply growth and demand growth pushed the group's contract rate, the share of listed vehicles that actually sell, to 65.1% from 62.9% in the same quarter last year.

Tokyo, USS's largest venue, drove much of the gain: consigned vehicles rose 7.3% to 237,919 and sold vehicles rose 11.7% to 159,153, lifting the venue's contract rate to 66.9% from 64.3%. Kyushu ran hotter still, with sold vehicles up 16.5% to 56,315 against a 15.8% rise in listings, and a 72.7% contract rate.

Not every venue moved the same way. Osaka's contract rate slipped to 54.1% from 54.2% as both consigned and sold volumes edged down roughly half a percentage point, the only large venue where activity contracted rather than grew.

Venue Auction Results, April to June 2026
Change versus the same quarter a year earlier; unaudited flash figures from USS Group's TDnet disclosure.
VenueConsigned (YoY)Sold (YoY)Contract RatePrior-Year Rate
Tokyo237,919 (+7.3%)159,153 (+11.7%)66.9%64.3%
Kyushu77,515 (+15.8%)56,315 (+16.5%)72.7%72.2%
Osaka59,004 (-0.5%)31,926 (-0.6%)54.1%54.2%
Group Total950,380 (+4.7%)619,002 (+8.4%)65.1%62.9%

USS held 209 auction sessions in the quarter, down from 216 a year earlier after merging its Nagoya and Hokuriku venues into one joint session; adjusted for that change, the prior-year session count was also 216. The flash report gives volumes and rates only, with no yen-denominated sales figures disclosed.