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Terms
How pricing and payment work
The Incoterms, payment methods and contract terms FOBEV uses, set out openly instead of hidden behind a quote button.
FOB price covers
- New car with documented VIN and engine or motor number
- PDI, exterior film and interior protection
- CCPIT certificate of origin
- Invoice, packing list, technical file
- Photo and video pre-shipment inspection in Shanghai
- Port loading and China export clearance
Not in the FOB price
- Sea freight and marine insurance
- Destination port fees, customs, duty and tax
- Homologation and registration
- Inland transport at destination
- Local warranty service
Incoterms
FOB Shanghai
Default. You collect at Shanghai port and see every cost line; best if you already have a forwarder.
CIF
We book freight and insurance to your port. Easier for first-time buyers.
DDP
Selected routes only, delivered with duties paid; roughly 5–10% above doing CIF plus customs yourself.
Payment
| T/T | 30% deposit at signing, 70% on bill of lading copy, company USD account only |
| L/C at sight | Orders from USD 200,000, first-class bank, usually 21 days from B/L to presentation |
| Refused | Western Union, crypto, cash on delivery, mismatched payer names, split payments |
Contract and validity
English sales contract, normally under Chinese law with CIETAC arbitration; other venues can be discussed on large orders. A template is available, or send your own for redlining.
Quotes hold for 14 days. Volume discounts start at 10 units per model and grow at 50+, where prices can also be locked by hedging.