China has a large number of luxury cars and a fast turnover rate. For luxury cars of the same year and mileage, the FOB offshore price in the Chinese market usually still has a 10%-15% arbitrage opportunity after deducting shipping costs, especially for models with high depreciation rates.
If General Average is triggered, all cargo owners must share the rescue costs. If you purchased marine insurance with a "General Average included" clause under CIF terms through us, the insurance company will cover this high shared cost for you; if you are an uninsured FOB buyer, you will need to pay it yourself.
It must be stated objectively: used cars in China are produced according to national standards (GB) and have not been originally certified by Saudi SASO or GSO of Gulf countries. Buyers must find a local agent with customs clearance capabilities to complete the clearance through exemption documents or compliant modifications after arrival (such as wrapping or adding specific alarms).
