What does the ex-factory price mean?
1 Answers
Ex-factory price is generally a specialized term in the automobile manufacturing and sales industry, usually referring to the price of a vehicle that has not been equipped with any non-standard accessories (relative to the standard configuration when the vehicle leaves the factory). As understood, the ex-factory price refers to the price of the complete vehicle excluding other fees. Additionally, common terms such as the official guide price and terminal reference price also refer to the ex-factory price. Here are some related introductions: 1. The meaning of the on-road price: The on-road price generally refers to all the expenses a consumer incurs from purchasing a vehicle to registering it. In addition to the vehicle's guide price, the on-road price also includes purchase tax, vehicle and vessel usage tax, car insurance fees, and registration fees. If the car is bought on loan, the on-road price also includes 4S store service fees, GPS fees, car loan interest, and other expenses. 2. Negotiate the ex-factory price first when buying a car: Negotiating the ex-factory price when buying a car is more cost-effective, but 4S stores may not be willing to discuss it, as they often have many bundled sales. By bundling accessories and loans, they can maximize their profits. Generally, the profit from 4S stores adding accessories or decorations is even higher than the profit from selling a car. The profit from the ex-factory price is fixed and transparent, and the extent of discounts can be understood by simply asking a few more stores.
