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.

Use credit check apps (like Check Doctor or Ant Queen) to pull the complete accident record.

Beyond the FOB price, expect: ocean freight (typically $800–2,500 depending on destination), marine insurance (about 0.3–0.5% of the car's value), port handling charges at both ends, customs duty and import tax/VAT in your country, compliance or homologation certification, and inland delivery to your city. Add currency transfer fees and the inspection fee if you hire a third party. Ask the exporter for a landed-cost breakdown and confirm exactly what the quote includes. A cheap FOB price with everything else shifted to you can add 30–50% to the real total. Budget a 15% buffer on top of the estimate, and get fixed quotes for freight and insurance in writing before paying the balance.