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How to Calculate the Total On-Road Price of a Car?

1 Answers

VonLucia

07/29/25 1:31pm

Car on-road price refers to the total cost required to purchase a vehicle. The on-road price = ex-showroom price (4S store car price) + purchase tax + car insurance (compulsory traffic insurance and commercial insurance) + vehicle usage tax + license plate inspection fee. Below are the specific details about the on-road price: 1. Ex-showroom price: This is the selling price at the 4S store, generally referring to the car price after discounts, excluding other fees. 2. Vehicle purchase tax: A mandatory fee when buying a car, approximately 8.55% of the ex-showroom price. 3. Car insurance: Includes compulsory traffic insurance and commercial insurance. The former is mandatory, while the latter is optional. 4. Vehicle usage tax: A compulsory tax at the time of purchase, which also needs to be paid annually. 5. License plate fees: Include service fees, processing fees, and license plate fees.

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