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Terms of Trade
General terms and conditions of sale for vehicles and spare parts.
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Terms of Trade
These terms apply to all quotations, orders and deliveries unless agreed otherwise in writing.
1. Quotations
Quotations are valid for the period stated (normally 14 days) and are subject to prior sale. Prices exclude destination duties, taxes and port charges unless the Incoterm states otherwise.
2. Orders
An order becomes binding when the customer accepts a quotation and the deposit is received. Vehicles are reserved for 5 working days pending deposit.
3. Payment
Standard terms are 30% deposit by telegraphic transfer and 70% balance before release of shipping documents. Letters of credit must be irrevocable and confirmed by a first-class bank.
4. Delivery
Delivery dates are estimates. Risk passes according to the agreed Incoterm (EXW, FOB, CFR, CIF, DAP).
5. Inspection and warranty
Used vehicles are sold as inspected with the report provided. Genuine and OEM parts carry the manufacturer warranty stated on the quotation. Claims must be raised within 7 days of arrival with photographs.
6. Governing law
These terms are governed by the laws of the United Arab Emirates. Disputes are subject to the jurisdiction of the Dubai courts.
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