Fob Price

[lanka100]

can some body explain for what "FOB Price" stand, regarding a vehicle

[jdnet]

is google closed for the day? damn the internet and thier stupid working hours.

http://www.japanautopages.com/useful_resources/fob.php

[lanka100]

is google closed for the day? damn the internet and thier stupid working hours.

http://www.japanautopages.com/useful_resources/fob.php

[Sylvi]

lanka100,

Term FOB.

Means only the cost what you pay to the seller for a article can be a Vehicle or any other consumer articles. Before shipment can be by road or by sea.

This a term used by every shipper round the world.

Then comes another term. which you have not requested but I will write for your Information.

Term CIF.

Cost of the article to ship out you have to have a insurance cost and the Freight cost. Added in all.

This terms are normally used in International Shipping Industry.

Sylvi Wijesinghe.

[Sylvi]

Sorry for double Post I cannot understand the reason for this and number of times I get error messages when ever I try to post a reply.

I hope this will be corrected by the Forum administrative Web Master.

Sylvi Wijesinghe.

Edited December 4, 2010 by Sylvi

[Sylvi]

Members,

I apologize for multiple Posts.

I think some error in the forum up loading.

Sylvi Wijesinghe.

Edited December 4, 2010 by Sylvi

[rangerover]

FOB = Free on board

CIF = Cost + Insurance + freight

Google incoterms

[lanka100]

FOB = Free on board

CIF = Cost + Insurance + freight

Google incoterms

Thank u !!