Is List price the same as on the road price?

On the road price covers everything you’ll have to pay to get your brand new car on the road. It includes the car’s list price, registration and delivery fees, and a year’s road tax.

Is ex-showroom price same all over India?

Why ex-showroom, RTO and insurance prices of a vehicle vary in different cities of India? One of the reasons for the ex-showroom price of cars varying by up to 5\% of the cost of the car across different cities, even within the same state is obviously related to transport and logistics.

Why on-road price is high?

This is the price of the vehicle after factoring in the cost of vehicle registration, insurance, and road tax. It can also include other costs such as the cost incurred for the vehicle’s accessories. A vehicle’s On-road Price is higher than the Ex-showroom Price as it contains several additional components.

What is the difference between ex-showroom price and on-road price?

Ex-showroom price is the sticker price of a bike that does not consider the cost of road tax, insurance and registering the bike. On the other hand, the on-road price includes the previously mentioned costs along with the cost of Insurance, RC and all the accessories a person will buy for his or her bike.

What is meant by on road price?

The On-road Price of a vehicle is the price you pay to bring the vehicle from the showroom to the road. It includes the Ex-showroom Price, charges for registration, road tax, and insurance, and any other optional charges.

What is included in the price of a new car?

The base price is a vehicle’s price without options, whereas the MSRP is the car’s price as it sits in the showroom — with options, destination charge and any dealership add-ons. For example, a car with a $24,000 base price might have an MSRP of $28,000 because it includes optional features plus fees totaling $4,000.

Why does ex-showroom price vary?

Road tax, as a \% of the ex-showroom price, however, varies between states as each state operates on its own slabs to counter infrastructure costs, congestion and other issues. And due to road tax, the on-road price of the same model/variant/colour would be different across states and union territories.

Does ex-showroom price differ?

Ex-showroom price is lesser than the On-road Price. Ex-showroom Price does not include the expenses made towards registration, insurance, and road tax. On-road Price of a vehicle depends upon the type and extent of products/services you avail from the vehicle dealer.

What is the difference between on road and off road price?

Why there is difference between ex-showroom and on road price?

The advertised price of a vehicle is usually the Ex-showroom Price. Whereas, the actual cost paid to bring the vehicle on road is the On-road Price. Since you must pay the On-road price, which is higher than the EX-showroom price, the final cost of a vehicle is higher than what is advertised.