Standard terms are a deposit with the order and the balance before shipment, released against a pre-shipment inspection report and photographs. The deposit percentage is agreed in the contract and depends on the build. Irrevocable letters of credit at sight are accepted for larger contracts. Every milestone is tied to a documented deliverable.
Because a special vehicle is manufactured rather than taken from stock, the deposit funds the chassis purchase and the start of body work. That is why a deposit rather than payment on delivery is standard practice across the industry, not a policy invented by one supplier.
The balance is released before shipment, against evidence rather than a promise. Before the final invoice is called, we issue a pre-shipment inspection report covering the 21-point factory checklist, together with photographs of the finished vehicle inside and out. The buyer sees what is being paid for while it is still in the factory.
For contracts above a certain value, an irrevocable letter of credit at sight is a workable structure for both sides: the buyer is protected by documentary conditions, and the factory is protected against non-payment after it has committed chassis and labour. Documentary collections and escrow arrangements can also be discussed case by case.
Currency and invoicing are agreed at contract stage. For buyers who need to split payment across two financial years, milestone billing is possible: chassis procurement, body completion, and pre-shipment. Each milestone releases against its own inspection evidence, so staged payment does not weaken the buyer's position.
Payment on arrival does not work for built-to-order vehicles, because the chassis and labour are committed months before shipping. A letter of credit is the practical way to protect both sides without paying in advance.
Yes. Milestone billing - chassis, body completion, pre-shipment - is available and each stage has its own inspection evidence.
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Tell us the vehicle, the market and the requirement. You will get a straight answer within one working day, whether or not it leads to an order.