What is the On-the-Road Price of a Car?
2 Answers
On-the-road price refers to the total cost of a car from the production line to your hands. Detailed explanation of the on-the-road price: The on-the-road price is based on the purchase price of the car, plus additional costs such as vehicle purchase tax, insurance, and license plate fees. It is also vividly referred to as the 'drive-away price.' There are five categories of expenses when buying a car: 1. Ex-factory price: This is the selling price at the 4S dealership, usually the discounted price of the car, excluding other fees. 2. Vehicle purchase tax: A mandatory fee when purchasing a car, approximately 8.55% of the ex-factory price. 3. Car insurance: Includes compulsory insurance (mandatory) and commercial insurance (optional). 4. Vehicle and vessel usage tax: A mandatory tax at the time of purchase, and it must be paid annually. 5. License plate fees: Includes service fees, administrative costs, and license plate charges.
The on-the-road price of a car is the total amount you actually pay for the vehicle, not just the base price quoted by the dealer. When I helped my brother buy a car last time, the dealer said the car price was 150,000 yuan, but in the end, he spent nearly 180,000 yuan to drive it away. The extra costs included hidden items such as the national purchase tax, mandatory traffic insurance and commercial insurance, the license plate service fee charged by the 4S store, and the vehicle and vessel tax. If you finance the car, you also need to add the financial service fee and interest. Therefore, when negotiating the price, focus on the on-the-road price, ask the dealer to list every fee clearly, and it's best to use a calculator to add up the total before signing the contract to avoid being tricked.
