Custom Car Sourcing Service

We Find, Inspect and Export for You

Customer Inquiry

Initial inquiry from customer.

Needs Analysis & Consultation

Customer provides preferred vehicle model or source data.

Vehicle Sourcing & Verification

Vehicle sourcing by seller or buyer; we handle procurement.

Quotation & Service Fee

We provide quotation and service-fee details.

Contract Signing

Formal contract agreement between parties.

Customer Payment

Customer pays the related fees.

Vehicle Procurement & Preparation

Complimentary parking, inspection, and photo/video verification.

Export Formalities & Logistics

Storage yard, registration, certification, customs clearance, etc.

International Trade Terms

Click to expand for details

EXW

Ex Works

Key point

Seller makes goods available at seller's location. Buyer handles all transport and export formalities. Lowest seller responsibility. Buyer arranges inland pickup, export clearance, main carriage and insurance.

Best when

Buyer has reliable freight/clearance in seller's country. Buyer bears most of the logistics and risk after pickup.

FOB

Free On Board

Key point

Seller loads goods on board at the named port and clears export; risk transfers when on board. Seller handles export clearance and loading; buyer pays sea freight, main insurance and import clearance.

Best when

Common for sea shipments of vehicles. Buyer should arrange insurance from port of shipment onward (unless CIF).

CIF

Cost, Insurance & Freight

Key point

Seller pays freight and minimum insurance to destination port; risk still transfers when loaded on vessel. Seller covers sea freight and basic insurance to the destination port. Buyer handles import clearance and inland delivery.

Best when

Insurance provided by seller is minimum — buyer may want additional coverage. Used widely for ocean shipments where seller arranges main carriage.

CFR

Cost & Freight

Key point

Seller pays freight to destination port but does not provide insurance. Risk transfers on board. Buyer should arrange cargo insurance separately. Otherwise similar to CIF in terms of freight responsibility.

Best when

Good when buyer prefers to control insurance terms.

FCA

Free Carrier

Key point

Seller delivers goods to a carrier or another person nominated by the buyer at the seller's premises or another named place. Buyer takes responsibility from that point. Seller delivers the goods to the carrier chosen by buyer. Buyer assumes main transport, insurance, and import clearance.

FAS

Free Alongside Ship

Key point

Seller delivers goods alongside the ship at the named port of shipment. Buyer bears all costs and risks from that point. Buyer arranges main carriage, insurance, and import clearance. Seller responsibility ends once goods are placed alongside the ship.

L/C

Letter of Credit

Key point

Bank payment guarantee: buyer's bank pays seller when documentary conditions are met — reduces payment risk. Useful for higher-value or first-time transactions; documents must precisely match L/C terms to get paid.

Simple, Transparent &Secure

At BFHC Auto, we offer two reliable and secure payment methods for our Used Car Sourcing Service

1

T/T Bank Transfer (Offline)

Traditional bank wire transfer for secure, traceable transactions

  • How it works: After signing the purchase contract, payment is made directly to our company's official bank account
  • Bank Charges: International wire transfers may involve intermediary bank fees deducted during the process
  • Recommended for: Large transactions or long-term cooperation, offering stability and traceability

2

Platform Transaction (Alibaba / MIC)

Secure platform-based payment with buyer protection

  • How it works: Payment can be completed through Alibaba International or Made-in-China (MIC) platforms
  • Service Fee: A fixed-rate platform service fee applies, capped at USD 300 per transaction
  • Advantages: Transparent, escrow-protected payment; buyer protection until goods are confirmed; ideal for new clients

Why BFHC Auto Makes Payments Easy

No Hidden Costs

All applicable fees are clearly shown in your quotation

Flexible and Transparent

Choose the payment method that best fits your needs

Safe & Efficient

Our finance team ensures every payment is handled accurately and securely

Trusted Worldwide

Hundreds of partners across the Middle East, Africa, and Asia rely on BFHC Auto

Note: The above payment options apply to Used Car Sourcing Service only. For New Car Purchasing, payment can only be made via T/T bank transfer because new vehicles require formal contracts for tax deduction purposes and cannot be processed through online platforms.