How to Calculate On Road Price of a Car (Easy Formula + Example)
How to Calculate On Road Price of Car Buying a new car is one of the most significant financial milestones for any individual or family in India. However, the price you see in a glossy brochure or a television advertisement is rarely the price you actually pay to drive that vehicle home. Most first-time buyers are caught off guard by the substantial gap between the sticker price and the final cost. This comprehensive guide will walk you through exactly how to calculate the on road price of a car, ensuring you are never surprised by hidden costs at the dealership. What is Ex-Showroom Price vs. On-Road Price? Before diving into the calculations, it is vital to understand the starting point. The ex-showroom price is the cost of the vehicle as sold by the manufacturer to the dealer, including GST and the dealer's margin. It does not, however, include the mandatory costs required to legally drive the car on public roads. The on-road price is the final amount you pay to the dea...