What is the Difference Between Ex-Factory Price and Manufacturer's Suggested Retail Price?
1 Answers
Automobile Manufacturer's Suggested Retail Price generally refers to the online quotation on Autohome; the Ex-Factory Price refers to the price excluding taxes, insurance, and other fees. Below is relevant information: 1. The Manufacturer's Suggested Retail Price is the official quotation, and generally, dealers will provide floating quotations based on this price when purchasing. Additionally, the Manufacturer's Suggested Retail Price is an important basis for paying purchase tax. 2. The Ex-Factory Price is the price of the purchased vehicle itself, simply put, it is the actual price of the vehicle, excluding any other fees. Generally, the Ex-Factory Price still requires payment of purchase tax, license plate registration, insurance, and other fees. The purchase tax is a tax levied by tax authorities on relevant properties and behaviors within the scope of the purchase tax system.