What Are the Ex-Factory Price and On-the-Road Price When Buying a Car?
1 Answers
Here is a detailed explanation of the specific meanings of the ex-factory price and on-the-road price when purchasing a car: 1. Ex-factory Price: Generally, the on-the-road price is based on the ex-factory price. After purchasing a car at the ex-factory price, consumers then need to pay for purchase tax, various insurances, vehicle inspection and registration fees, etc. Essentially, it refers to the price of the car as it leaves the factory. 2. On-the-Road Price: The on-the-road price includes the ex-factory price + purchase tax + insurance + vehicle and vessel tax + registration fee + decoration fees, among other expenses. It represents the total cost required to make the car ready for use.