Can I purchase used Howo mining trucks from China on installment terms?
Payment Terms for Export of Used HOWO Mining Trucks from Shandong Shengchi
The requested installment plan is acceptable. This payment ratio represents a mainstream and compliant settlement option for the export of used HOWO mining trucks and dump trucks, applicable to orders for all key overseas markets including Central Asia, Africa, Southeast Asia and the Middle East. Details are specified below:
Payment Milestones
30% down payment: Upon signing the contract, the down‑payment shall be made. The company will immediately reserve the selected unit, launch full‑vehicle quality inspection, refurbishment & modification, and document filing, and keep the truck off the open market.
70% balance payment: The full balance shall be settled prior to vessel departure, after vehicle refurbishment is completed and all export documents are verified. Customs declaration and ocean shipment will be arranged only upon receipt of the full balance, which fully complies with your requirement of settling the balance before vessel departure.
Supporting GuaranteesThis settlement option falls under the company’s premium used engineering‑vehicle export service. Backed by our in‑house factory and seven‑level full‑life‑cycle quality‑inspection system, we can supply vehicle‑refurbishment videos, inspection reports and modification‑progress records after receipt of your down payment to prevent delivery delays and non‑conforming goods. One‑stop services including export certification handling, customs‑clearance guidance and overseas after‑sales support are also available.
Important NotesDeferred payment or credit terms after vessel departure are not available. Full balance for all used mining‑truck orders must be cleared before shipment. Your proposed payment structure (30% down payment plus 70% balance prior to departure) conforms to our official export payment policy and can be implemented directly.