Whether you’re an expat, a traveler, or simply someone interested in this process, we’ll cover the essential steps and considerations regarding how to buy a car in China and export it overseas
Research and Find a Trusted Platform
First and foremost, research reputable platforms where you can explore cars available for sale in China. One such platform is AutoFromChina. Here’s how you can proceed:
- Visit AutoFromChina and browse through hundreds of cars (new or used) from various brands.
- Use filters or search by specific make and model to find the car you’re interested in.
Understand Pricing and Purchase Details
When you find a car you like, keep the following points in mind:
- Prices listed on AutoFromChina are typically in FOB Incoterms (Free On Board). This means that AutoFromChina covers costs associated with custom clearance and terminal charges in China.
- Costs incurred after the cars are loaded onto shipping vessels (such as shipping to the destination country) will be borne by buyers.
- If you’re unfamiliar with seafreight shipment, AutoFromChina can handle shipment for you, changing the Incoterm to CIF (Cost, Insurance, Freight). This includes shipping costs and basic insurance coverage.
Let’s illustrate with an example:
- Suppose you’re in Nigeria and interested in a Chery Jetour X90 SUV priced at $15,000 (FOB price).
- AutoFromChina’s shipping partner can handle the shipment for you.
- The shipping route might be from Shanghai, China (POL) to Tincan, Nigeria (POD), with a current shipping cost (including insurance) of $2,400 for a 20GP shipping container.
- Driving and Buying: Foreigners can drive and buy a car in China as long as they have a valid Chinese driver’s license.
- License Plate: If you have a resident permit, you can obtain a license plate by going to the relevant authorities.
Financing and Payment
- Cash: You’ll need substantial cash to buy a new car in China.
- Financing: Foreigners can get financing if they have a valid residence permit or work visa, a Chinese bank account, and a good credit history.
Remember to consult your country’s customs regulations and agents to ensure a smooth import process. Happy car hunting and safe travels! 🚗✨