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.
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.
Complete records represent underlying trust and zero odometer adjustment risk. In the used car market, solid data history itself carries a high premium. The extra few hundred dollars buys you an impeccable endorsement when selling overseas.
