CYPRUS

FOB and CIF are the most two popular price terms of INCOTERMS, defined by ICC to harmonize the possible dispute of arising form the international trade practice.

FOB (Free On Board): Term of sale under which the price invoiced or quoted by a seller includes all charges up to placing the goods on board a ship at the port of departure specified by the buyer. Also called collect freight, freight collect, or freight forward

CIF (Cost, Insurance & Freight): Term of sale signifying that the price invoiced or quoted by a seller includes insurance and all other charges up to the named port of destination. In comparison, carriage and insurance paid to (CIP) terms include insurance and all charges up to a named place in the country of destination (usually the buyer’s warehouse). See also cost and freight (C&F, or CFR). The difference between CIF and CFR is insurance during the transportation.

The major difference between CIF and FOB is the transportation costs and insurance during it.

The import Duty and VAT are based on your local regulations which are not included in the CIF or C&F price. You must check duties with your clearing agent before start import vehicle to country.

The Advance payment or deposit demonstrates your intention to purchase the car. The advance payment is fully refundable if we can’t supply the vehicle you require.

you can save anything from $1,000 to $13,000 on dealer retail prices in your country which is a massive saving on the some countries dealer price
Plus you have an opportunity to pick the best cars from the several thousands of vehicle fleet from auction houses. That’s why it is great deal to many individual importers.

Yes, we can supply brnd new cars but the brand new cars purchase method is slight different in Japan than other countries.
The brand new vehicle from the dealers are registered in Japan. Exporter has to de register the vehicle before it
ship to you. Because of this regulation the brand new cars we export are already been registered in Japan but never used.

We need 10% downpayment from first time customer for every bid. This is security deposit to confirm that bidding request is genuine.

Yes. We know that customers may request a refund due to some unavoidable circumstances. In that case, we do our fullest cooperation. The advance payment is 100% refundable before place an order to the factory or a successful bid. In case the cancel after order completion to the factory or successful bid, we re-auction the vehicle and refund the advance payment after deducting the re-auction fee (If we can sell the vehicle in auction for higher prices or can find another buyer then we do not deduct auction fee from the customer). We don’t accept advance payment if the customer does not agree with this term & condition.

We always make sure that both parties benefit from the relationship. We want our customers to be happy so they not only come back for more of our services but also tell their friends and relationships to do business with you. This is the true success of our business.

YES, You can finind the bidding price after you purchase from bidding auction. We give you fullest transparency to cost. We never ever charge any additional cost other than our auction agent fee. So, Your CIF price of auction vehicle is auction purchase price + our agent fee. For example, If you purchase Wagon R vehicle to Sri Lanka from auction for JPY 1,200,000 then your CIF price would be JPY 1,320,000 (JPY 1,200,000 + JPY 120,000). Our auction agent fee for Wagon R is JPY 120,000

Your  Money is 100% secure with us. Please always make sure you receive an order confirmation from our sales representative before sending money. Pay only to our company bank account. Do not make any payment to a personal bank account for whatever reason. Your money is 100% secure with Easy Cars. If you have any doubt please use PayPal or Escrow which comes with the seller and buyer protection.

We always make sure that both parties benefit from the relationship. We want our customers to be happy so they not only come back for more of our services but also tell their friends and relationships to do business with you. This is the true success of our business.