Basic vehicle condition is excellent; no claims made; no transfers.
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.
Based on practical risk assessment, we strongly recommend setting aside 3% to 5% of the car price as a buffer fund for even the highest-rated used cars, to cover oil changes, new tires, minor shipping scratches, and local inspection labor costs.
If the delays are due to policy-related force majeure like customs system upgrades, or if our documentation errors lead to short shipments, all additional demurrage and storage fees incurred at ports within China will be borne by sellwellauto, and the buyer will not have to pay a cent.
