The customs of the destination country has the right to disregard the commercial invoice and reassess the value based on its internal database (such as the customs valuation red book). Any additional duties incurred are a result of the importing country's policy and are fully borne by the buyer (importer).

Plan for roughly 25-40% on top of the vehicle price. The main items are: 1. Pre-purchase: deposit (10-30%), third-party inspection fee (100-300 USD). 2. In China: inland trucking to the port, export declaration fees. 3. Shipping: ocean freight (container 20ft usually 1,500-4,000 USD depending on destination), marine insurance (about 0.3-0.5% of car value). 4. In your country: customs duty, VAT/GST, port handling and storage, customs broker, quarantine or pre-shipment inspection if required, registration and plates. Always ask the exporter for an itemized landed-cost estimate for your specific port before paying the deposit, and confirm which Incoterm the quote is based on (FOB, CIF or DDP makes a big difference).

Under CIF terms, the beneficiary of the insurance policy will be endorsed to the buyer. Once the claim is successful, the insurance company's foreign currency compensation will be directly deposited into the buyer's designated overseas company or personal account.