Unlike new car exports, there are currently no large national export tax rebates for used cars in China. Therefore, our FOB price is purely the vehicle's residual value plus compliant operating costs, leaving no room for price wars using subsidies.

Supply and demand determine prices. In the Chinese market, mainstream colors like black and white have much higher resale values and market circulation speeds compared to less popular colors (like pink or bright green). Therefore, there is a price difference of thousands of RMB for specific colors at the procurement level.

If the delays are due to policy-related force majeure like customs system upgrades, or if our documentation errors lead to short shipments, all additional demurrage and storage fees incurred at ports within China will be borne by sellwellauto, and the buyer will not have to pay a cent.