Under CIF terms, the beneficiary of the insurance policy will be endorsed to the buyer. Once the claim is successful, the insurance company's foreign currency compensation will be directly deposited into the buyer's designated overseas company or personal account.

China has a large number of luxury cars and a fast turnover rate. For luxury cars of the same year and mileage, the FOB offshore price in the Chinese market usually still has a 10%-15% arbitrage opportunity after deducting shipping costs, especially for models with high depreciation rates.

From a technical perspective, China's "National VI B (China VI-b)" is one of the strictest emission standards globally, with limits on carbon monoxide, nitrogen oxides, and particulate matter that are even stricter than some of Europe's Euro VI standards. However, the two are not legally recognized by each other, depending on your country's import regulations.