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What does 'naked car price' mean?

1 Answers

VanEsther

07/29/25 7:49pm

'Naked car price' refers to the price of a vehicle excluding any additional fees beyond the car's base price. Below are the relevant details: 1. Vehicle purchase tax: A mandatory fee when buying a car, approximately 8.55% of the naked car price. Vehicle purchase tax = naked car price ÷ (1 + 17%) × 10%. 2. Car insurance: Car insurance includes compulsory traffic insurance and commercial insurance. The former is mandatory, while the latter is optional. Insurance cost = commercial insurance + compulsory traffic insurance. 3. Vehicle and vessel usage tax: A mandatory tax when purchasing a car, which needs to be paid annually. 4. License plate fees: License plate fees include service fees, administrative costs, and license plate charges.

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