What is the general difference between the ex-factory price and the on-road price?
1 Answers
Typically, the on-road price is higher than the ex-factory price. Below is a detailed introduction to the ex-factory price and the on-road price: Ex-factory price: This is the selling price at the 4S dealership. On-road price: The on-road price is the final transaction price, meaning the total cost of the vehicle when all legal procedures are completed and the car is ready to be driven on the road. This includes various fees such as purchase tax, insurance, vehicle and vessel tax, license plate registration, and other related expenses. Here is additional information: License plate registration fee is the cost incurred after obtaining insurance and paying taxes for the new car. You can then take the necessary documents to the vehicle management office to register the car, i.e., obtain the license plate. Once you receive the vehicle registration certificate and the driving license, the car is completely yours.