Basic Information

BrandHongQi
SeriesHS5
Year2023
First Registration2023/09
Mileage8,000km
Transfer Count-
FuelGasoline
TransmissionManumatic
Engine2.0T 252 L4
ColorBlack
Seats-

Q&A

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How are import duties on used cars from China calculated, and which HS code applies?

Used cars are classified under HS heading 8703 (motor vehicles for transport of persons), with the last four digits determined by engine type and size. Gasoline cars usually fall in 8703.21–8703.80 depending on displacement; pure EVs fall under 8703.80; hybrids have their own subheadings. The duty amount depends on your country's tariff schedule: 1. Most countries charge duty on the CIF value (car price + freight + insurance), not the FOB price. 2. Many developing markets levy higher duties on used vehicles than new ones, and some add a surcharge based on age — older cars can cost significantly more to clear. 3. After duty, you typically pay VAT/GST on the CIF + duty total, plus port and customs fees. Practical tips: ask your exporter to state the exact HS code on the commercial invoice and confirm it with a local customs broker before shipping. A wrong code can trigger reclassification, penalties, or delays. Also budget for any excise tax tied to engine capacity — in several markets a 2.5L car clears far cheaper than a 3.5L one.

For claims due to damage in transit, will the insurance company's compensation be paid directly to the buyer or the seller?

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.

What is demurrage? How to avoid it?

Demurrage is a penalty charged by the port or shipping company for not clearing and picking up goods on time after they arrive. To avoid it: send customs documents in advance and ensure the recipient is prepared with duties and import qualifications.

HongQi HS5 2.0T 252 L4

红旗 HS5 2023款 2.0T 旗领Pro版

EXW: $18,333
Car CodeSWA1541432
Publish Date