Extremely authoritative. The third-party data service providers we connect to legally access the Chinese Public Security Traffic Management Platform, the insurance claims network directly under the China Banking and Insurance Regulatory Commission, and the after-sales databases of major automotive manufacturers. We perform secondary logical verification based on this underlying data.

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.

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.