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.

It does not affect basic driving and regular speed cruise, but it will trigger a fault alert for advanced driver assistance on the dashboard. The LiDAR assembly is extremely expensive, so we focus on checking the integrity of the glass cover with a strong flashlight during inspections.

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.