FOB (Freight-On-Board) - This is the cost of the vehicle excluding shipping and domestic taxes or charges. If you buy the vehicle at FOB price it would include the vehicle cost and all domestic expenses.
CIF (Cost, Insurance and Freight) - This is the cost of the vehicle including shipping and insurance. If you buy the vehicle at CIF price it includes all the expenses excluding local taxes and charges at the Port of Discharge.
T.T (Telegraphic Transfer) - This is the best way to electronically transfer your deposit and final payment to us. It is fast, safe and effective. In most Countries this is also known as a Wire Transfer.
Bill of Lading - This is used to collect the vehicle at the port and to prove ownership. It is very important, so it must be kept safe.
Invoice - This is needed this to give to customs to pay import taxes.
Translation of Registration Certificate - We will forward/translate the export/cancellation certificate into English (Or any other language).
Exporting Key Terms
Process for Shipping
After we have received payment, we contact our shipping agent and arrange for the vehicle to be delivered to the shipping yard. We then organise the booking and reservation of vessel space, and ensure that the following documentation and vehicle is safe and secure. The key documentation include:
- CIF receipt of sale (commercial invoice describing unit & price)
- Copy of the Vehicle Registration Document.
- MOT Certificate (Ministry of Transport).
- Bill of Lading
- Owner's Manuals and Service books are sent separately.
Once the car has reached its international destination the client is responsible for import duty, registration, domestic transport and other requirements necessary to abide by domestic regulations of that country.
Over the years, we have built an extensive network of international contacts that enable us to navigate our clients through an environment often dominated by confusing advice and misinformation. We are committed to go above and beyond to ensure that we satisfy our clients' needs and requirements.
At Redline Prestige & Performance we are able to provide an export service for dealers and private individuals abroad - supplying both left hand drive and right hand drive vehicles. If we do not currently stock the cars that you require, please contact us directly and we'll source the car(s) for you.
Our export service is enhanced by our extensive knowledge of rules and regulations of our trading partner countries. Redline Prestige & Performance seeks to be at the forefront of this field and has gained high reputation in the following export markets: Europe, South East Asia, Africa, and New Zealand.