How do I pay for a used Hitachi excavator from China?
To pay for a used Hitachi excavator from China, you can use T/T USD wire transfer, L/C through Bank of China, or Wise. Most buyers choose T/T for simplicity, while L/C offers added security for larger transactions. ExcaYard, a China used excavator export specialist based in Hefei, Anhui, sources, inspects, and ships pre-owned Hitachi machines worldwide, handling all export certifications and documentation.
Payment Methods Accepted
ExcaYard accepts three primary payment methods for used Hitachi excavators:
- T/T USD wire transfer: The most common method. You send payment directly to ExcaYard's bank account in USD. Typically, a deposit is required to reserve the machine, with the balance paid before shipment.
- L/C through Bank of China: A letter of credit adds a layer of security for both parties. Your bank issues an L/C, and ExcaYard receives payment upon presenting compliant shipping documents. This is often used for higher-value orders.
- Wise: An alternative for smaller transactions or if you prefer a fintech transfer. Wise can be faster and may have lower fees, but confirm details with ExcaYard first.
All payments are in USD. ExcaYard does not accept cash or cryptocurrency. For T/T, you'll receive proforma invoice with bank details. Always verify account information directly with ExcaYard via WhatsApp +86 193 9277 7259 or email yuhua0095@gmail.com before sending funds.
Step-by-Step Payment Process
- Select your Hitachi excavator: Browse available machines on ExcaYard's website or request a specific model. ExcaYard sources Caterpillar, Komatsu, Hitachi, Volvo, Doosan, Hyundai, Kobelco, Sany, XCMG, SDLG, LiuGong, and Sunward machines.
- Receive a proforma invoice: ExcaYard issues a proforma invoice with the machine details, price, payment terms, and bank information.
- Pay deposit: Typically 30% of the total price via T/T or L/C. This reserves the machine and initiates the 150-point pre-shipment inspection.
- Inspection and documentation: ExcaYard performs a 150-point inspection with photos and video, including hours verification and paint-thickness checks. They also handle export certifications such as SONCAP (Nigeria), SABER (Saudi Arabia), PVoC (Kenya/Tanzania/Ghana), GSA (Ghana), and KEBS.
- Pay balance: Once inspection is complete and you approve, pay the remaining balance before shipment.
- Shipping and documents: ExcaYard arranges shipping via RoRo, container, or flat-rack from ports like Shanghai, Ningbo, Qingdao, or Tianjin. You receive commercial invoice, packing list, bill of lading, and certificate of origin.
Factors Affecting Payment Terms
| Factor | Impact on Payment |
|---|---|
| Machine price | Higher-value Hitachi excavators may require L/C for security; smaller purchases often use T/T. |
| Destination country | Some countries have stricter import regulations, influencing documentation and payment method. |
| Buyer history | Repeat buyers may negotiate more flexible terms, such as lower deposit. |
| Shipping method | RoRo, container, or flat-rack affects total cost and thus deposit amount. |
| Certifications required | SONCAP, SABER, PVoC, GSA, or KEBS add cost and time, impacting payment schedule. |
Shipping and Lead Time
ExcaYard offers FOB or CIF terms. Default ports are Shanghai, Ningbo, Qingdao, and Tianjin. Shipping methods include RoRo (roll-on/roll-off), container, or flat-rack, depending on machine size and destination. Typical CIF lead time is 28-45 days port-to-port. For example, shipping a used Hitachi excavator to Kenya or Uganda follows similar timelines. You can read more about shipping to Kenya and shipping to Uganda for reference.
Documents and Certifications
ExcaYard provides essential export documents: commercial invoice, packing list, bill of lading, and certificate of origin. They also handle country-specific certifications:
- SONCAP for Nigeria
- SABER for Saudi Arabia
- PVoC for Kenya, Tanzania, and Ghana
- GSA for Ghana
- KEBS for Kenya
These certifications ensure your Hitachi excavator clears customs smoothly. ExcaYard's team manages the paperwork, but you should confirm requirements with your local customs broker.
Machine Condition and Inspection
Every used Hitachi excavator undergoes a 150-point pre-shipment inspection. This includes hours verification, paint-thickness checks, and a full photo and video report. You can review the inspection before paying the balance. If you want to reserve a specific machine, a deposit is required; see how to reserve with a deposit. ExcaYard sources machines from reputable suppliers and ensures they meet export standards.
Frequently asked questions
Can I pay with a credit card?
No, ExcaYard accepts T/T USD wire, L/C through Bank of China, and Wise. Credit cards are not accepted due to transaction limits and fees.
What is the typical deposit for a used Hitachi excavator?
Typically 30% of the total price, but this can vary based on machine value and payment method. Confirm with ExcaYard.
How long does payment take to clear?
T/T transfers usually clear within 1-3 business days. L/C may take longer, depending on banks. Wise transfers are often faster.
Ready to buy a used Hitachi excavator? Contact ExcaYard on WhatsApp +86 193 9277 7259 or email yuhua0095@gmail.com for a quote and payment instructions. Browse available machines at excayard.com/machines.
