KEY HIGHLIGHTS
- Ex-showroom price is the price of a vehicle excluding taxes, registration, and insurance.
- On-road price is the final price you pay for a vehicle, including all taxes, registration, and insurance.
- The on-road price will vary depending on the location, type vehicle, and the optional extras you choose.
When you're looking to buy a new car or bike, you'll often see two different prices quoted: the ex-showroom price and the on-road price. But what's the difference between these two prices and which one should you be paying attention to? In this blog, we'll explain the difference between ex-showroom and on-road prices, and give you some tips on how to get the best deal on your vehicle purchase.
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What Is Ex-Showroom Price And On Road Prices?
Ex-Showroom Price: The Ex-Showroom Price is the starting cost of the vehicle, without any additional charges. It covers the basic price set by the manufacturer or dealer, including manufacturing expenses, taxes, and the dealer's profit. This price helps you understand the base cost of the vehicle, excluding extra expenses.
On Road Price: The On Road Price, as the name suggests, is the final amount you need to pay to legally drive the vehicle on the road. It includes the Ex-Showroom Price and adds various charges like road tax, registration fees, insurance, handling charges, and state-specific taxes. The On Road Price provides a complete view of the overall expenses involved in owning the vehicle.
Comparing: Ex-Showroom And On Road Prices!
Here is a table that summarizes the key differences between ex-showroom and on-road prices:
| Ex-Showroom Price | On Road Price | |
|---|---|---|
| Definition | Starting cost of the vehicle | Final cost including all additional charges |
| Components | Base price + manufacturing costs + taxes + dealer's profit | Ex-Showroom price + road tax + registration fees + insurance + handling charges + state-specific taxes |
| Purpose | Helps determine the base cost | Provides a comprehensive view of total expenses |
For Which Vehicles To Choose Ex-Showroom Price Or On Road Price?
Choose Ex-Showroom Price if you:
- Want to compare base costs between different models or brands.
- Are okay with calculating and adding additional charges separately.
- Prefer a straightforward view of the vehicle's starting price.
Choose On Road Price if you:
- Want to know the total cost upfront, including all charges.
- Don't want any surprises with additional expenses later on.
- Prefer a comprehensive understanding of the final amount you need to pay.
Both Ex-Showroom Price and On Road Price have their advantages depending on your preferences. If you want a basic starting cost and are comfortable calculating additional charges, go for Ex-Showroom Price. However, if you want a complete overview of the total expenses and avoid any unexpected costs, On Road Price is the way to go. It's important to consider your budget and what you prioritize when making a decision.
Which Price Should You Pay Attention To?
The on-road price is the price that you'll actually pay for your vehicle, so this is the price that you should be paying attention to. However, the ex-showroom price is a good starting point for comparison, as it gives you an idea of how much the vehicle is worth before taxes and other charges are added.
Tips for Getting the Best Deal
Here are a few tips for getting the best deal on your next vehicle purchase:
- Do your research. Before you start shopping, take some time to research the different vehicles you're interested in. This will help you understand the different features and options available, and it will also give you an idea of the average on-road price for the vehicles you're considering.
- Compare prices. Once you've narrowed down your choices, start comparing prices from different dealerships. Be sure to factor in all of the costs, including the ex-showroom price, taxes, registration, and insurance.
- Don't be afraid to negotiate. The on-road price is not set in stone. If you're willing to negotiate, you may be able to get a better deal.
Conclusion
The difference between ex-showroom and on-road prices can be confusing, but it's important to understand the difference if you're buying a new car or bike. By understanding the different prices, you can be sure that you're getting the best deal possible. I hope this article has been helpful. If you have any questions, please feel free to leave a comment below. You can join our 91Wheels Whatsapp Group for all of such latest updates from the automotive industry.
