How do I pay for a used SDLG excavator from China?
When purchasing a used SDLG excavator from China, you can typically pay via T/T (telegraphic transfer) in USD, L/C (letter of credit) through Bank of China, or Wise. ExcaYard, a China used excavator export specialist based in Hefei, Anhui, accepts these methods and provides a 150-point pre-shipment inspection with photos and video before you finalize payment. The process is straightforward, but understanding the steps ensures a smooth transaction.
Payment Methods Accepted
ExcaYard accepts three primary payment methods for used SDLG excavators:
- T/T (Telegraphic Transfer) in USD: A direct wire transfer to ExcaYard's bank account. This is the most common method for international machinery purchases. Typically, a deposit of 30-50% is required to initiate the order, with the balance due before shipment.
- L/C (Letter of Credit) through Bank of China: A secure payment method where your bank guarantees payment upon presentation of compliant documents. This is often used for larger orders or when buyers prefer added financial security. ExcaYard can work with L/C terms through Bank of China.
- Wise: An alternative for smaller transactions or if you prefer a digital transfer service. Wise can offer competitive exchange rates and lower fees for international wires.
Always confirm the exact payment terms, including deposit percentage and final payment timing, in your sales contract. ExcaYard will provide a proforma invoice with bank details.
Step-by-Step Payment Process
To pay for your used SDLG excavator, follow these steps:
- Select your machine: Browse ExcaYard's inventory or request a specific model. You can view available machines on the machines page.
- Receive a proforma invoice: ExcaYard issues a proforma invoice detailing the machine, price, payment terms, and shipping costs.
- Pay deposit: Send the deposit via T/T, L/C, or Wise. For T/T, this is typically 30-50% of the total price.
- Inspection and documentation: ExcaYard conducts a 150-point pre-shipment inspection with photos and video, verifying hours and paint thickness. They also handle export certifications such as SONCAP, SABER, PVoC, GSA, or KEBS as required by your country.
- Pay balance: Once the inspection is complete and you approve, pay the remaining balance before shipment.
- Shipping and documents: ExcaYard arranges shipping (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 and Total Cost
The total cost and payment structure can vary based on several factors. The table below outlines key considerations.
| Factor | Details | Impact on Payment |
|---|---|---|
| Machine condition | 150-point inspection, hours verification, paint thickness | May affect price and deposit amount |
| Shipping method | RoRo, container, or flat-rack; FOB or CIF | Shipping cost added to invoice; CIF includes insurance and freight |
| Destination port | Africa, Southeast Asia, Middle East, Latin America, CIS | Freight and insurance vary; CIF lead time 28-45 days |
| Certifications | SONCAP, SABER, PVoC, GSA, KEBS | Additional costs may apply; handled by ExcaYard |
| Payment method | T/T, L/C, Wise | Bank fees and exchange rates vary; L/C may have higher fees |
Shipping and Lead Time
ExcaYard ships worldwide from default ports Shanghai, Ningbo, Qingdao, and Tianjin. Shipping methods include RoRo (roll-on/roll-off), container, or flat-rack, depending on machine size and destination. You can choose FOB (free on board) or CIF (cost, insurance, and freight). Typical CIF lead time is 28-45 days port-to-port. For example, shipping a used SDLG excavator to Africa or Southeast Asia follows similar timelines. For more details on shipping to specific countries, see our guides on shipping to Vietnam and shipping to Uganda.
Documentation and Certifications
ExcaYard provides all necessary export documents: commercial invoice, packing list, bill of lading, and certificate of origin. They also handle export certifications such as SONCAP for Nigeria, SABER for Saudi Arabia, PVoC for Kenya, Tanzania, and Ghana, GSA for Ghana, and KEBS. These certifications ensure your machine clears customs smoothly. Ensure you discuss certification requirements with ExcaYard before payment, as they may affect the total cost and timeline.
Frequently asked questions
Can I pay with a letter of credit (L/C)?
Yes, ExcaYard accepts L/C through Bank of China. This method provides security for both parties, as payment is released upon presentation of compliant documents. Discuss L/C terms with ExcaYard when requesting a proforma invoice.
What is the typical deposit for a used SDLG excavator?
Typically, a deposit of 30-50% is required via T/T to initiate the order. The balance is due before shipment. For L/C, the terms may differ; confirm with ExcaYard.
How long does shipping take after payment?
After final payment and inspection, shipping typically takes 28-45 days port-to-port for CIF terms. This can vary based on destination and shipping method. ExcaYard will provide an estimated schedule.
Ready to buy a used SDLG excavator? Contact ExcaYard on WhatsApp at +86 193 9277 7259 to discuss payment and shipping. You can also email yuhua0095@gmail.com or visit our answers page for more guides.
