Basic Information

BrandToyota
SeriesCorolla
Year2022
First Registration2022/08
Mileage90,000km
Transfer Count0times
FuelHEV
TransmissionE-CVT
Engine1.8L 98 L4
ColorWhite
Seats-

Condition Description

Rear accident.

Document Information

Inspection Expiry Date-
Warranty Expiry Date-
Insurance Expiry Date2027/08

Q&A

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What insurance should I arrange when shipping a used car from China, and what do Incoterms like FOB and CIF mean for me?

Two separate protections matter: cargo insurance and contractual risk transfer. Cargo insurance: for container or RoRo shipments, buy marine cargo insurance covering total loss and damage, typically 110% of the CIF value (average cost 0.3%–0.8%). Check exclusions — many policies exclude pre-existing damage, so a pre-shipment inspection report is essential to prove the car's condition at loading. Incoterms define who bears risk and cost at each stage: 1. FOB (Free On Board): exporter pays until the car is loaded on the vessel; risk passes to you at that point. You pay ocean freight and insurance. Common and usually cheapest if you have your own freight forwarder. 2. CIF (Cost, Insurance and Freight): exporter pays freight and minimum insurance to your port. Convenient but the insurance coverage is basic — consider topping it up. 3. EXW (Ex Works): you handle everything from the exporter's yard; only choose this if you have a trusted agent in China. Put the agreed Incoterm and port clearly in the contract, and never release final payment before the Bill of Lading is issued.

Before shipping, have all traffic violation records for the vehicle in China been cleared?

100% guaranteed. This is the legal prerequisite for the export of used cars allowed by Chinese customs and the Ministry of Commerce. Any vehicle with unresolved traffic violations (fines/demerits) cannot complete the deregistration process at the traffic management bureau, and therefore cannot obtain a legal export license.

What does the real landed cost of importing a used car from China look like, and which line items do buyers most often underestimate?

A realistic landed cost has five layers: the car price, export-side fees (deregistration, export license, inland trucking to the port), international freight and insurance, destination duties and taxes, and local charges (port handling, inspection, registration). Buyers most often underestimate three items. First, destination duties are calculated on the customs value, which may include freight, so a cheap car can still attract significant tax. Second, port and terminal charges at both ends add up; demurrage fees apply quickly if documents are late. Third, compliance costs such as homologation, emissions testing, or translation of documents can run into hundreds of dollars depending on the country. Ask every exporter for a written, itemized quote to your port, not just an FOB price, and keep a 5% contingency. Quotes that look unusually cheap usually hide costs in the freight or handling lines.