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Exporter of Japanese used cars - buy direct from auto auction in Japan

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Used cars export arrow Terms of trade
Terms of Trade

Oriental Vehicle Exports primarily conducts its export business through FOB or CIF.

CIF (Cost/Insurance/Freight)
This is a comprehensive deal term which includes the following:
    A. Price of the goods (vehicle)
    B. Japan-side costs (in-land transportation, customs, etc.)
    C. Marine insurance (cost depends on the car value)
    D. Ocean freight (costs shipping companies quote to ship the goods)

FOB (Free On Board)
In this deal term, you pay the ocean freight to the destination port shipping agent. This largely depends on the shipping agent & destination ports and may not be acceptable. This deal term only includes the following:
    A. Price of the goods (vehicle)
    B. Japan-side costs (in-land transportation, customs, etc.)
   
Shipping
As soon as a vehicle is purchased and a 50% deposit is received, Oriental Vehicle Exports will arrange for shipping. Consignee, notified party and document delivery information must be correct at this point to avoid delays in shipment or extra charges.

Documentation Changes
Any changes to documentation AFTER shipping will be charged at a rate of 10,000 yen per BL change. Oriental Vehicle Exports accepts no liability for incorrect information supplied by the customer.

Port Charges
Oriental Vehicle Exports will not be liable for any extra port fees or storage costs charged to customers because of BL delays due to slow payment. Please pay your bills promptly so that documentation etc. can arrive in time to clear the vehicle from the port.

Shipping delays
Please note that shipping schedules, changes, cancellations, etc. made by shipping companies are totally out of our control. Oriental Vehicle Exports will book your vehicle(s) for shipment as soon as we have a 50% deposit however, space is sometimes tight. Depending on the destination, some larger vehicles can have significant delays in shipping because of the limited space.

Payments
No shipping or registration documents will be sent until full payment is received. Oriental Vehicle Exports accepts payments by telegraphic transfer only. All bank fees will be payable by you. Japan side bank fees will be deducted from all payments received. (Approx. 2500 yen per transfer).

Currencies
For T.T.  Oriental Vehicle Exports accepts U.S. Dollar and Japanese Yen however, all currencies transferred other than the Japanese yen will be converted to Japanese Yen by our bank against the exchange rate current on the day the money is received. Oriental Vehicle Exports can not be responsible for currency exchange losses.

Claims
Vehicle parts subjected to wear from day-to-day normal driving (such as brake pads, batteries, tires, oil quality, shocks, odometer etc.) are excluded any form of claim. Theft of parts which obviously occured in transit overseas or within customs/port storage facilities is also excluded.

 

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