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.

A Chinese history report (查博士, 精真估, or 4S-shop records) usually contains several sections. Here's how to read them. Accident records: entries tagged 重大事故 (major accident) or listings at an insurance payout above 30% of the car's value are serious red flags. Airbag deployment is a deal-breaker for most buyers. Mileage timeline: check that mileage increases logically between service visits. A sudden drop between two dates means odometer tampering—walk away. Ownership count: more than 3 owners in 5 years suggests a problem car. Also check the 使用性质 field: a car registered as 营运 (commercial/taxi use) has a much shorter legal lifespan. Maintenance entries: consistent 4S dealership records are a good sign; long gaps aren't necessarily fatal if the owner used independent shops, but ask for receipts. Cross-check the report against the VIN plate, registration certificate, and physical inspection. If the report shows no accidents but paint thickness readings say otherwise, trust the metal, not the paper.

The standard set: commercial invoice, packing list, bill of lading, export customs declaration, certificate of origin, and a copy of the vehicle title/registration. How to verify: the bill of lading number should be trackable on the shipping line's website; the certificate of origin is verifiable through CCPIT's online system; and the VIN must match across all documents, the inspection report, and the car itself. Ask for scans of everything before paying the balance, and have a freight forwarder review the set. Mismatched VINs, missing title copies, or vague promises that "documents will follow" are red flags worth pausing the deal over.