Korea Auction Bidding Service – Deposit

Buy at Korean dealer auctions from anywhere in the world. Advanced Koryo bids on your behalf through our own licensed dealer account in Korea, then exports the car to your port.

This deposit activates the service and sets your maximum bid range.

Who it's for

• Dealers & exporters: source multiple cars per month at dealer prices, with one point of contact in Korea.
• Individual buyers: get the exact car you want at auction price instead of retail.

Why Advanced Koryo

• Licensed dealer account in Korea, so you access auctions closed to the public.
• Registered in South Korea and Saudi Arabia.
• Full inspection report before every bid.
• Export to any port worldwide.

How it works

1. Request any car you want. We send you all available offers from HeyDealer auctions, with the inspection report.
2. Pay the deposit that matches your maximum bid.
3. You approve the car and your maximum price in writing on WhatsApp.
4. We bid for you. You get the result the same day.
5. If you win, pay the balance within 24 hours. We handle purchase, export, and shipping.

Deposit rules

• You win: the deposit is deducted in full from the car invoice.
• You don't win: refund within 3–5 working days, minus bank or card fees and a 20% service fee. Or roll the full deposit to the next auction at no charge.
• The seller cancels: full refund, or the deposit moves to the next auction.
• Balance due: within 24 hours of winning.
• You cancel after winning, or miss the 24-hour deadline: the deposit is non-refundable. It covers the auction penalty.
• Vehicle condition: sold as described in the auction inspection report. No price renegotiation after winning.
• Validity: 30 days or 5 auctions, whichever comes first.

Not included

The car price, auction and dealer fees, export, shipping, insurance, and customs at destination. These are quoted separately.

Questions? WhatsApp +82 10-7229-0580