Vehicle buying process
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- Vehicle buying process
Purchase a vehicle
Register the vehicle under the company name
For transfer pending export
Send the vehicle to an inspection agency
Conduct a comprehensive inspection
Deliver the vehicle to the destination
Apply for customs declaration and export
Documents required for export license application
FOB (Free On Board) means the seller delivers the goods at the designated port of shipment.
The delivery is completed once the goods are loaded on board the vessel, with risk transferring to [the buyer].
Buyer
CIF (Cost, Insurance, Freight) means the seller delivers the goods on board the vessel at the named port of shipment.
The seller must load the goods on board the vessel and pay the freight and insurance costs to the destination port.
The seller pays insurance fees, and risk transfers to the buyer once the goods are loaded on board the vessel.
Buyer
DDP (Delivered Duty Paid) means the seller completes delivery at the named destination.
The buyer takes delivery of the goods and assumes all risks and costs for the entire journey.
including import customs clearance