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CIF (Cost, Insurance, and Freight - Incoterm)

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CIF - Cost, Insurance, and Freight | Asset-Trade
Term Description

Used Machines that we sell CIF (Cost, Insurance & Freight)

This term is broadly similar to the above CFR term, with the exception that the seller is required to obtain insurance for the goods while in transit to the named port of destination. CIF requires the seller to insure the goods for 110% of their value under at least the minimum cover of the Institute Cargo Clauses of the Institute of London Underwriters (which would be Institute Cargo Clauses (C)), or any similar set of clauses. The policy should be in the same currency as the contract. The seller must also turn over documents necessary, to obtain the goods from the carrier or to assert claim against an insurer to the buyer. The documents include (as a minimum) the invoice, the insurance policy, and the bill of lading. These three documents represent the cost, insurance, and freight of CIF. The seller's obligation ends when the documents are handed over to the buyer. Then, the buyer has to pay at the agreed price. Another point to consider is that CIF should only be used for non-containerized seafreight; for all other modes of transport it should be replaced with CIP.

Machine Filter

Product Type

Make

Year

Control

Location

Machine Information
Manufacture: TOYODA
Model: FH 63s
Control: CNC > FANUC > Series 16i
Year of Build: 2014
Location:
Used TOYODA FH 63S - Horizontal Machine Center Fanuc 16i-M CNC Control. Only one machine still left 3x Machines Available all overhauled in 2014/2015   Average 68.000 ON hours / Spindle hours 6600 hrs. Technical Data: Travels X / Y… More Details
Machine Information
Manufacture: DEBER
Model: DYNAMIC 2
Control: CNC > HEIDENHAIN > TNC 426
Year of Build: 1997
Location:
Used DEBER Dynamic 2 CNC milling machine about. 28.200 ON Hours Heidenhain 426 processing: x = 2000 mm y = 1000 mm z = 600 mm different angle heads
Machine Information
Manufacture: HERMLE
Model: C50 U MT
Control: CNC > SIEMENS > SINUMERIK 840D
Year of Build: 2013
Location:
Used Hermle C50 U MT (Turning Capability) Dynamic - 5 Axis Machining Centre CNC Controls: Siemens 840D Control Low operating Hours 9x Machines available Technical Data: Max Workpiece Dimension Ø1,000 x 810mm Max Table Load 1,000kg (… More Details
Machine Information
Manufacture: KRAUSSMAFFEI
Control: CNC
Year of Build: 2002
Location:
Used KRAUS MAFFEI - KM 50 - 220 C Win Injection moulding machine Operating 01.04.21: 60.053 hrs C-Baureihe MC4 Control Technical details Clamping unit Clamping force: 500 kN Mould opening force, max.: 40 kN Travel force movable… More Details
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Machine Information
Manufacture: LVD
Control: CNC
Year of Build: 2011
Location:
Used LVD Easy-form PPEB 320/45 - Hydraulic press brake Working hours: 60601 std Strokes: 2231708 pcs Last maintenance February 2021 Last complete overhaul incl. replacement hydraulic oil, all hydraulic hoses and filter elements in… More Details
Machine Information
Manufacture: TOS
Control: Conventional
Year of Build: 1979
Location:
Used TOS SUS63 x 8000 center lathe ideal for rough turning and overturning of long shafts Conventional control Technical data : Lead: 18,5 KW Swing diameter over bed: ø655 mm turning diameter over support: ø390 mm center distance:… More Details
Machine Information
Manufacture: SPINNER
Control: CNC > FANUC > Series 16i
Year of Build: 2011
Location:
Used SPINNER TTC300-52-SMMCY Fanuc with 2 Revolver CNC Control Fanuc 31i Operating Hours :  46132/ Spindel Hours 16075 (Date May) Technical specifications: Swinging diameter max. 400 mm Turning diameter max. 200 mm Turning length max… More Details
Machine Information
Manufacture: SPINNER
Model: MVC 1100
Control: CNC > SIEMENS > SINUMERIK 810D
Year of Build: 2006
Location:
Used SPINNER MVC 1100 Machine Center CNC Control Siemens 810D with ShopMill Machine Operating Hours 46311 Technical Data: Travels: Axis X: 1100 mm Axis Y: 550 mm Axis Z: 600 mm Table length: 1200 mm Table width: 600 mm Max. part… More Details
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Machine Information
Manufacture: OKK
Model: VM-7
Control: CNC > FANUC > Series 16i
Year of Build: 2001
Location:
Used OKK VM 7 - Vertical Machining Center with 4th Axis New spindle since Jan 2021 !! Only Operating hours Machine on 67415 / Spindle 207 hrs One axis is currently making sound, which will be fixed. CNC Control Fanuc Series 16i - M… More Details
Machine Information
Manufacture: SCHAUDT
Model: PF 5N
Control: CNC > SIEMENS > SINUMERIK 3
Year of Build: 1993
Location:
Used SCHAUDT PF 5 N / 1000 - Cylindrical Grinding Machine CNC Control CNC SIEMENS 3 G Technical Details grinding diameter: 360 mm grinding length: 1000 mm centre height: 180 mm grinding wheel dia. x width: 600 x 250 mm grinding wheel… More Details
Machine Information
Manufacture: MIKRON
Model: MSM400U LP
Control: CNC > HEIDENHAIN
Year of Build: 2014
Location:
Used MIKRON HSM 400 U LP -5 axis high speed machining center Operating hours machine 15914 / spindle 6018 std. CNC control Heidenhain Technical data: Tool spindle 42.000 1/min - 13.42 tool magazine 68x HSK E-40 5 axes with linear… More Details
Machine Information
Manufacture: MORA
Model: Primus 10128
Control: CNC
Year of Build: 2019
Location:
Used MORA Primus 10128 - Portal measuring machine NEW still in Orginal wooden box ready for immediate installation Highlights: Bridge measuring machine for CNC operation hard stone measuring plate with extra high accuracy high… More Details