Vehicle Reservation Deposit Policy
This policy explains how vehicle reservation deposits work when sourcing vehicles through Sino Auto Link.
Purpose of Reservation Deposit
A reservation deposit is used to hold a selected vehicle, confirm latest availability, verify vehicle condition and prepare the next purchase step.
Standard Reservation Deposit
The standard reservation deposit is usually USD 300 per vehicle, unless otherwise agreed in writing.
What the Deposit Covers
The reservation deposit allows us to:
Contact the vehicle source
Confirm latest stock status
Confirm latest FOB China price
Review available vehicle condition information
Prepare inspection summary if available
Hold the vehicle for further purchase discussion
Deposit Deduction
If the buyer proceeds with the vehicle purchase, the reservation deposit will be deducted from the vehicle purchase payment.
Refund Review Condition
If the actual vehicle condition is materially different from the listing, inspection report or agreed description, the reservation deposit can be reviewed accordingly.
Examples of material differences may include:
Major accident damage not disclosed
Structural damage not disclosed
Flood damage not disclosed
Fire damage not disclosed
Serious mileage inconsistency
Vehicle no longer available after deposit payment
Non-Refund Condition
If the vehicle condition matches the agreed information but the buyer cancels the order for personal reasons, the reservation deposit may not be refundable.
Next Payment Step
After the vehicle condition is confirmed and the buyer decides to proceed, a vehicle purchase deposit will be required to complete the purchase process.
Important Note
Vehicle availability and prices in China may change quickly. Final FOB China price and stock status must be confirmed before order.