Is the Transaction Price the Same as the On-the-Road Price?

1 Answers
OMiguel
07/29/25 3:19pm
The transaction price is not the same as the on-the-road price. The on-the-road price includes the total cost of the vehicle purchase price, license plate fees, taxes, insurance, and a series of other expenses, while the transaction price generally refers only to the ex-factory price of the car. Below is an introduction to the on-the-road price of a car: Overview: The on-the-road price refers to all expenses incurred from purchasing a car until it is registered, including not only the ex-factory price but also purchase tax, vehicle and vessel usage tax, car insurance fees, and license plate fees. If the car is purchased on loan, the on-the-road price also includes dealership service fees, GPS fees, car loan interest, and other costs. Note: When buying a car, it is important to negotiate the on-the-road price with the salesperson, as it includes the ex-factory price. Even if the ex-factory price offers significant discounts to consumers, other fees may offset these savings. Discounts on the ex-factory price are often used to attract buyers or as a promotional tactic, but the final on-the-road price may not necessarily be cheap once the consumer decides to purchase the car.
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