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In the section "How to buy?" We had mentioned the
word "FOB", which is a term used on International Trade to determine
the exporter's and also the importer's obligations . These terms are
known as "incoterms" , and this is the abbreviation of International
Commerce Terms.
The incoterms are built by the International Chamber of Commerce.
The most common used incoterms are:
FOB (Free on Board ) sum of all the expenses
until the port of embarkation, including the merchandises.
In the case of JS-Auto, it would be : Car,
Taxes, Procedures, shipment of documents, Transport until the port of
embarkation (it varies according to the car type and the distance
between the auction's place to the port), commission of JS-Auto ,and
this gives us the FOB price.
The C&F or CFR ( Cost & Freight ) Freight to the port of destination
And the CIF price (Cost, Insurance & Freight) is the sum of C&F plus Insurance.
If you may have any question, please do not doubt to contact us.
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