By: Ganesh on 2015-06-30

What is the meaning of showroom price and on-road price?

1 Answers

Ex-showroom Price is the price at which a dealer sells a vehicle to customers which includes dealer margins, transportation costs and applicable excise, state etc. The ex-showroom price is called the basic price of the asset exclusive of any registration, insurance or loadings.

On-Road Price is the final Price payable by the customer to the dealer and is also known as invoice value of the vehicle it includes state registration charges, life time road tax payment, mandatory insurance and the dealer handling charges (logistics charges). Also includes optional costs such as accessories cost, additional optional warranty coverage. The discounts if any will also be shown and reduced while calculating the net on-road price. In short, on-road price is at which the dealer would hand over the keys of the vehicle to you.

Lucky   2015-07-29 15:34:46

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