In foreign trade, 'Vehicles / Cars' generally refers to motor vehicles imported or exported as complete units. Their HS codes are mainly under heading 8703 (passenger vehicles), and also include 8704 (goods vehicles), etc. This term is used in contracts, letters of credit, bills of lading, invoices, packing lists, and customs declarations, and it is necessary to specify brand, model, engine displacement, drive type, number of seats, and new/used status. Use scenarios include complete vehicle exports, parallel imports, used car exports, cross-border e-commerce, etc. Notes: 1) Different countries have different market access requirements for complete vehicle imports, such as emission standards, safety certification, CCC, EPA, ECE, etc.; 2) Tax rates and regulatory conditions differ greatly between new and used cars, and used cars usually require export licenses; 3) In letters of credit, avoid writing only 'Cars'; specify, for example, 'New passenger cars, 5 seats, 1.5L'; 4) There is a clear distinction from 'Auto parts', which fall under heading 8708 and differ in trade regulation, tax rebates, and certification. Foreign trade practitioners should classify accurately to prevent customs clearance delays or fines.
📝 Examples
1. The goods under this contract are New Passenger Cars, model Toyota Corolla 1.5L CVT, quantity 100 units, unit price FOB Shanghai USD 12,000, port of destination Mombasa. (Note: In the sales contract, specify the vehicle type, model, engine displacement, quantity, and trade terms.)
2. According to the letter of credit requirements, the beneficiary must submit a full set of clean on board bills of lading stating '100 units of new vehicles, HS Code 8703.23', together with an export license and certificate of conformity. (Note: In the letter of credit and customs documents, specifically list the vehicle quantity, HS code, and accompanying certificates to ensure document compliance.)
💡 Foreign Trade Tips
Foreign trade terms are the foundation of international business communication
Trade practices may vary slightly by country; pay attention when using them
When using terms in contracts, specify the applicable version (e.g., Incoterms 2020)
For unfamiliar terms, use GlobalSync's multilingual email helper to confirm with your partner