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.

Two main shipping methods are used for used cars from China: 1) Container shipping: the car is loaded into a 20ft or 40ft container. Safer, protects from weather and damage, and allows personal items inside the car. Slightly more expensive. 2) RoRo (roll-on/roll-off): the car is driven onto the ship. Cheaper for single units, but no protection and no personal belongings allowed. Typical transit times from major Chinese ports (Shanghai, Guangzhou, Shenzhen, Qingdao): - Middle East: 12-20 days - Europe: 25-40 days - East/West Africa: 30-45 days - South America: 35-50 days - Southeast Asia: 5-12 days Add 5-10 days on each side for port handling, customs, and inland delivery. Peak season (before Chinese New Year and summer) can add delays, so book space 2-3 weeks ahead.

The customs of the destination country has the right to disregard the commercial invoice and reassess the value based on its internal database (such as the customs valuation red book). Any additional duties incurred are a result of the importing country's policy and are fully borne by the buyer (importer).