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.

It does not affect basic driving and regular speed cruise, but it will trigger a fault alert for advanced driver assistance on the dashboard. The LiDAR assembly is extremely expensive, so we focus on checking the integrity of the glass cover with a strong flashlight during inspections.

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.