We will provide the transfer record from the vehicle registration certificate. A high number of transfers does not necessarily indicate poor condition (for example, internal transfers within a family for quota purposes), but we will consider it a risk factor and conduct a more thorough physical inspection to verify its actual condition.

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.

The nameplate date is the absolute time when the vehicle leaves the factory; the registration date is when the vehicle is registered with the traffic management department after sale. The difference represents the time the vehicle spent in the dealer's warehouse or logistics. If the time difference exceeds 6-8 months, the vehicle is considered a "stock vehicle," and we pay special attention to the natural aging of its rubber components.