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FOB vs CIF Lagos for Car Dealers

Shipping & quotations

Ask for a quote for the same vehicle, trim, quantity and currency. Use the named loading port for FOB and the named destination port for CIF.

How do you compare FOB China and CIF Lagos?

Match the model year, trim, quantity, condition and currency. Compare costs to the same Nigerian terminal and record the named port, quote validity and insurance terms.

Cost or responsibilityFOB · named China portCIF · named Nigerian port
Main sea freightBuyer arranges and pays.Seller arranges and pays to the named destination port.
Cargo insuranceBuyer decides whether to arrange cover.Seller arranges the required cover; buyer checks limits and exclusions.
Transfer of riskWhen the vehicle is on board at the departure port.When the vehicle is on board at the departure port.
Destination chargesConfirm terminal, clearance, duties and local delivery separately.Check which destination charges are included and price the rest separately.

Compare the same order

Ask for a quote for the same vehicle, trim, quantity and currency. Use the named loading port for FOB and the named destination port for CIF.

Check freight and insurance

Identify what the quote includes, what insurance covers and what local fees remain. Avoid adding freight or insurance again if it is already included.

Sources

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