Our standard holding period is 3 business days after the deposit is paid (based on the timestamp of the payment slip). The domestic used car market in China moves very quickly, and if we do not receive the bank message confirming the deposit within the specified time, the system will automatically release the hold, and the vehicle will be re-listed for public sale.

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.

Under international practices and our standard CIF/FOB terms, the THC at the port of origin (China) is borne by the seller; all THC and port miscellaneous charges incurred at the destination port during unloading are to be paid by the buyer (consignee) upon local customs clearance and pickup.