Shipping Terms

Shipping Terms

Understanding the various shipping terms is crucial when purchasing a vehicle from Here are the key terms explained:

FOB: Free On Board

  • Definition: The FOB price covers the vehicle cost excluding ocean freight.
  • Details: When you buy a vehicle at the FOB price, it includes expenses until the vehicle is loaded on the ship in Japan.

CFR: Cost and Freight

  • Definition: The CFR price covers the cost of the vehicle and the expenses during ocean freight.
  • Details: This includes all expenses incurred in Japan and during the transportation of the vehicle by sea.

CIF: Cost, Insurance, and Freight

  • Definition: The CIF price includes the vehicle cost, insurance, and ocean freight expenses.
  • Details: If you require insurance for the vehicle, feel free to ask for our assistance.

T.T: Telegraphic Transfer / Wire Transfer

  • Definition: Telegraphic Transfer is the recommended payment method.
  • Details: It is the fastest, safest, and most effective way to send money. Utilize Telegraphic Transfer at most major banks for seamless transactions.

L/C: Letter of Credit

  • Definition: We accept Letters of Credit at sight for selected countries.
  • Details: Please consult your nearest bank regarding the necessary documentation for this payment method.

Understanding these shipping terms ensures a transparent and smooth transaction process. If you have any specific inquiries or require assistance, feel free to contact us.

Note: Shipping terms may vary based on specific agreements and conditions. Always refer to the terms provided during your transaction for accurate and up-to-date information.