A typical payment structure looks like this: 1. Deposit: 10-30% after you confirm the car and price, often to reserve the vehicle and start the inspection. 2. Balance: paid after you approve the inspection report, but before or at shipment. A common safeguard is paying against a copy of the bill of lading, with telex release of the original B/L after funds arrive. 3. Never send 100% upfront to a new supplier. Use traceable methods (T/T bank transfer to a corporate account matching the company name, or escrow for first orders) and keep every agreement in writing. 4. Timeline: quote within days, inspection 3-7 days, booking and loading 1-2 weeks, ocean transit 3-6 weeks, customs clearance 3-10 days. Red flags: personal bank accounts, pressure to skip inspection, prices far below market.

Both are common, and the right choice depends on budget and destination: 1. Container shipping (20ft/40ft): The car is sealed inside a container, offering better protection and allowing you to load spare parts inside the car. Typical cost from Shanghai to major world ports: $1,500-$3,000 per car. Best for long distances and high-value vehicles. 2. RoRo (roll-on/roll-off): The car is driven onto the ship and secured on deck. Cheaper ($800-$1,800 to most ports) and faster to load, but exposed to weather and port handling. Not all routes offer RoRo service. Transit time examples: to the Gulf 15-25 days, to West Africa 30-45 days, to Latin America 25-40 days, to Europe 20-35 days. Ask your exporter which option serves your destination port, and always insure the shipment for full value.

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.