What does CIF include for used car export?
CIF usually includes the vehicle, export-side handling, ocean freight and basic marine insurance to the named destination port.
CIF means Cost, Insurance and Freight. For used cars exported from China, a CIF quotation usually includes the vehicle, export-side handling, ocean freight and basic marine insurance to the destination port. It does not normally include destination customs duty, VAT, port storage, clearance service, registration or inland transport. Buyers should confirm the destination port and insurance coverage.
CHCARAI Export Knowledge
Understand CIF pricing for used cars from China, including freight, insurance, destination-port scope and key checks before importing Chinese used vehicles.
CIF means Cost, Insurance and Freight. For used cars exported from China, a CIF quotation usually includes the vehicle, export-side handling, ocean freight and basic marine insurance to the destination port. It does not normally include destination customs duty, VAT, port storage, clearance service, registration or inland transport. Buyers should confirm the destination port and insurance coverage.
CIF usually includes the vehicle, export-side handling, ocean freight and basic marine insurance to the named destination port.
Destination customs duty, VAT or import tax, port storage, customs clearance service, registration, inspection after arrival and inland transport are usually outside CIF.
CIF can be simpler when buyers need a freight-inclusive reference. FOB can be better when buyers already have a forwarder or want to control shipping costs directly.
Confirm the destination port, vessel route, insurance scope, freight validity period, document list and whether local customs rules allow the vehicle before shipment.
A useful quotation names the Incoterms 2020 rule and ports. For sea or inland-waterway transport, under FOB the buyer normally contracts and pays for main carriage; under CIF the seller contracts and pays for carriage and required cargo insurance to the named destination port. Under both rules, risk of loss or damage transfers to the buyer when the goods are placed on board the vessel at the shipment port, not on arrival. The seller paying freight and insurance under CIF does not delay that risk transfer. Confirm the agreed rule, named ports, insurance cover and actual inclusions in writing.
For Dubai, keep the export quotation separate from customs assessment, applicable taxes, port charges, clearance, inspection, registration and local transport. Without a vehicle-specific quote and current official assessment there is no reliable final amount.
Archived trade-term reference (2024); not a UAE tax decision