What does the term 'on-the-road price' mean for cars?
1 Answers
On-the-road price of a car = Ex-factory price + Vehicle purchase tax + Insurance premium [Commercial insurance + Compulsory traffic insurance] + Vehicle and vessel usage tax + Inspection and registration fees. The detailed breakdown is as follows: 1. Vehicle purchase tax = Ex-factory price ÷ (1 + 17%) × 10%; 2. Insurance premium = Commercial insurance + Compulsory traffic insurance (For family-use cars with fewer than 6 seats, the compulsory traffic insurance price is 950 yuan, and for 6 seats or more, it is 1100 yuan); 3. Vehicle and vessel usage tax = (For models with 1.0L-1.6L displacement, the annual tax is 300 yuan; for 1.6L-2.0L displacement, 360 yuan; for 2.0L-2.5L displacement, 720 yuan); 4. Inspection and registration fees are approximately 300-400 yuan, and if handled by a 4S shop, it may cost 600-1000 yuan.