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Deposit and Balance Tips When Buying Used Machinery from China
2026-11-09
Clear payment steps protect both buyer and seller when you import a used excavator or loader from China. Vague deposits and rushed balance wires are where most disputes start. Use these practical tips before you transfer funds.
1. Put the offer in writing first
Ask for a quote or proforma with machine model, serial (or stock ID), hours, price, Incoterm (FOB Shanghai / CFR your port), what is included, and deposit amount. Do not wire on chat screenshots alone.
2. Keep the deposit proportional
A modest deposit to reserve the unit is common; a demand for almost full payment before any video or inspection is a warning. Tie the deposit to a named machine and a validity date.
3. Inspect before the large balance
- Video walk-around and working test with hour meter visible.
- Optional third-party inspection in the China yard.
- Confirm export packing plan (container / flat rack / RoRo).
4. Balance timing and proof
Pay the balance after inspection acceptance and before loading—or as agreed in the proforma. Ask for packing photos, container/seal numbers or RoRo booking, and draft B/L details that match the invoice serial.
5. Banking and communication hygiene
Use company accounts that match the contract name. Confirm any bank-detail change by a second channel (WhatsApp + email). Keep every revision in one thread so your freight forwarder and customs broker see the same story.
If you are ready to reserve a machine, we can issue a clear proforma and share inspection videos before the balance is due.
Looking for a used excavator or wheel loader?
YC Used Machinery / Shanghai Yongcheng Used Machinery
No.68 Qinggao Road, Fengxian District, Shanghai, China
WhatsApp: +86 166 8175 4290 · Email: vangher43@gmail.com
Website: https://selldigger.com
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