What is the Difference Between the Ex-factory Price and the On-the-road Price of a Car?
1 Answers
There are several main differences between the ex-factory price and the on-the-road price of a car: Different Included Costs: The ex-factory price refers to the price of the car itself; the on-the-road price includes all costs associated with legally owning the car, such as insurance, taxes, and registration fees. Different Standards: 4S dealerships determine the ex-factory price based on the manufacturer's suggested retail price (MSRP); generally, the on-the-road price = ex-factory price + insurance + purchase tax + registration fees, etc. Different Influencing Factors: The ex-factory price is affected by various factors, such as the time of release and regional influences, while the on-the-road price is influenced by the ex-factory price.