What is the Difference Between the On-the-Road Price and the Ex-Factory Price of a Car?
1 Answers
The differences between the on-the-road price and the ex-factory price of a car mainly lie in three aspects: included costs, definition standards, and influencing factors. Below are the specific details: 1. Included Costs: Ex-Factory Price: Refers to the price of purchasing the car itself, excluding any other fees. Generally, the manufacturer's suggested retail price (or the retail price minus market discounts, sometimes with additional markups for popular models) is the ex-factory price. On-the-Road Price: The total cost of purchasing the car and all necessary legal expenses to drive it, including purchase tax, insurance, vehicle and vessel tax, license plate fees, etc. 2. Different Definition Standards: Ex-Factory Price: The 4S store sets the ex-factory price based on the manufacturer's suggested retail price. On-the-Road Price: Generally, the on-the-road price = ex-factory price + insurance + purchase tax + license plate fees, etc. If there is a mortgage loan, mortgage handling fees will also be included. 3. Different Influencing Factors: Ex-Factory Price: Affected by various factors such as launch time, region, etc. On-the-Road Price: Influenced by the ex-factory price, car displacement, and selected insurance types.