Today, cars have become an important part of about 75% of the households in India. People buy featureless and affordable cars according to their needs, if you are also going to buy a car for yourself, then first know about the ex-showroom price and on-road price of the car. It may confuse you as to why the same car has two different price tags. If you have ever wondered why the on-road price is higher than the ex-showroom price, then you are not alone! Let's know the difference between them-
Ex-showroom price vs. on-road price: What is the difference?
Ex-showroom price:
Base price The ex-showroom price is the price set by the manufacturer for the car.
On-road price:
Total cost On the other hand, the on-road price is the final amount you pay to get the car from the showroom to your home. This price includes the ex-showroom price, but it also includes several additional charges such as:
Government taxes: VAT or GST that is levied by the government.
Registration charges: The cost of registering your car with the road transport authority.
Road tax: A mandatory tax for using the car on public roads.
Insurance: Insurance coverage for the car, which is required for registration.
Other miscellaneous charges: This may include handling, accessories, and other dealer-related charges.
Why the difference?
The difference between the two prices can be 1-2 lakhs or more, depending on the model and location. The on-road price includes all the additional costs that are required to drive your car legally and safely on the road.
Disclaimer: This content has been sourced and edited from [ZeeNewshindi].
Why the difference?The difference between the two prices can be 1-2 lakhs or more, depending on the model and location. The on-road price includes all the additional costs that are required to drive your car legally and safely on the road.
Disclaimer: This content has been sourced and edited from [ZeeNewshindi].
