MG Hector Plus Price in Chennai
MG Hector Plus price in Chennai starts at ₹17.50 lakh. The lowest price variant is MG Hector Plus Style 7 Seater and the top variant of MG Hector Plus is Savvy Pro 6 Seater which is priced at ₹23.67 lakh. Check the January 2025 offers/deals on MG Hector Plus Chennai and book a test drive now.
MG Hector Plus On-Road Price in Chennai, Tamil Nadu
Get On-Road Car Price of MG Hector Plus in Chennai. On-road price of a car includes the ex-showroom price of the car in the city, road tax, insurance & handling charges etc.
| Ex-Showroom Price | ₹17,49,800 |
| TCS | ₹17,498 |
| Road Tax | ₹2,62,470 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,150 |
| Other Charges | ₹400 |
| Insurance | ₹87,490 |
| On-Road Price in Chennai: | ₹21,23,508 |
| Ex-Showroom Price | ₹17,49,800 |
| TCS | ₹17,498 |
| Road Tax | ₹2,62,470 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,150 |
| Other Charges | ₹400 |
| Insurance | ₹87,490 |
| On-Road Price in Chennai: | ₹21,23,508 |
| Ex-Showroom Price | ₹18,84,800 |
| TCS | ₹18,848 |
| Road Tax | ₹2,82,720 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,393 |
| Other Charges | ₹400 |
| Insurance | ₹94,240 |
| On-Road Price in Chennai: | ₹22,87,101 |
| Ex-Showroom Price | ₹20,10,800 |
| TCS | ₹20,108 |
| Road Tax | ₹3,01,620 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,619 |
| Other Charges | ₹400 |
| Insurance | ₹1,00,540 |
| On-Road Price in Chennai: | ₹24,39,787 |
| Ex-Showroom Price | ₹20,56,800 |
| TCS | ₹20,568 |
| Road Tax | ₹3,08,520 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,702 |
| Other Charges | ₹400 |
| Insurance | ₹1,02,840 |
| On-Road Price in Chennai: | ₹24,95,530 |
| Ex-Showroom Price | ₹20,95,800 |
| TCS | ₹20,958 |
| Road Tax | ₹3,14,370 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,772 |
| Other Charges | ₹400 |
| Insurance | ₹1,04,790 |
| On-Road Price in Chennai: | ₹25,42,790 |
| Ex-Showroom Price | ₹21,34,800 |
| TCS | ₹21,348 |
| Road Tax | ₹3,20,220 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,843 |
| Other Charges | ₹400 |
| Insurance | ₹1,06,740 |
| On-Road Price in Chennai: | ₹25,90,051 |
| Ex-Showroom Price | ₹21,34,800 |
| TCS | ₹21,348 |
| Road Tax | ₹3,20,220 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,843 |
| Other Charges | ₹400 |
| Insurance | ₹1,06,740 |
| On-Road Price in Chennai: | ₹25,90,051 |
| Ex-Showroom Price | ₹21,85,800 |
| TCS | ₹21,858 |
| Road Tax | ₹3,27,870 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,934 |
| Other Charges | ₹400 |
| Insurance | ₹1,09,290 |
| On-Road Price in Chennai: | ₹26,51,852 |
| Ex-Showroom Price | ₹22,59,800 |
| TCS | ₹22,598 |
| Road Tax | ₹3,38,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,068 |
| Other Charges | ₹400 |
| Insurance | ₹1,12,990 |
| On-Road Price in Chennai: | ₹27,41,526 |
| Ex-Showroom Price | ₹22,59,800 |
| TCS | ₹22,598 |
| Road Tax | ₹3,38,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,068 |
| Other Charges | ₹400 |
| Insurance | ₹1,12,990 |
| On-Road Price in Chennai: | ₹27,41,526 |
| Ex-Showroom Price | ₹22,79,800 |
| TCS | ₹22,798 |
| Road Tax | ₹3,41,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,104 |
| Other Charges | ₹400 |
| Insurance | ₹1,13,990 |
| On-Road Price in Chennai: | ₹27,65,762 |
| Ex-Showroom Price | ₹22,82,800 |
| TCS | ₹22,828 |
| Road Tax | ₹3,42,420 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,109 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,140 |
| On-Road Price in Chennai: | ₹27,69,397 |
| Ex-Showroom Price | ₹22,91,800 |
| TCS | ₹22,918 |
| Road Tax | ₹3,43,770 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,125 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,590 |
| On-Road Price in Chennai: | ₹27,80,303 |
| Ex-Showroom Price | ₹22,91,800 |
| TCS | ₹22,918 |
| Road Tax | ₹3,43,770 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,125 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,590 |
| On-Road Price in Chennai: | ₹27,80,303 |
| Ex-Showroom Price | ₹23,07,800 |
| TCS | ₹23,078 |
| Road Tax | ₹3,46,170 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,154 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,390 |
| On-Road Price in Chennai: | ₹27,99,692 |
| Ex-Showroom Price | ₹23,08,800 |
| TCS | ₹23,088 |
| Road Tax | ₹3,46,320 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,156 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,440 |
| On-Road Price in Chennai: | ₹28,00,904 |
| Ex-Showroom Price | ₹23,19,800 |
| TCS | ₹23,198 |
| Road Tax | ₹3,47,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,176 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,990 |
| On-Road Price in Chennai: | ₹28,14,234 |
| Ex-Showroom Price | ₹23,19,800 |
| TCS | ₹23,198 |
| Road Tax | ₹3,47,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,176 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,990 |
| On-Road Price in Chennai: | ₹28,14,234 |
| Ex-Showroom Price | ₹23,40,800 |
| TCS | ₹23,408 |
| Road Tax | ₹3,51,120 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,213 |
| Other Charges | ₹400 |
| Insurance | ₹1,17,040 |
| On-Road Price in Chennai: | ₹28,39,681 |
| Ex-Showroom Price | ₹23,40,800 |
| TCS | ₹23,408 |
| Road Tax | ₹3,51,120 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,213 |
| Other Charges | ₹400 |
| Insurance | ₹1,17,040 |
| On-Road Price in Chennai: | ₹28,39,681 |
| Ex-Showroom Price | ₹23,66,800 |
| TCS | ₹23,668 |
| Road Tax | ₹3,55,020 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,260 |
| Other Charges | ₹400 |
| Insurance | ₹1,18,340 |
| On-Road Price in Chennai: | ₹28,71,188 |
| Ex-Showroom Price | ₹23,66,800 |
| TCS | ₹23,668 |
| Road Tax | ₹3,55,020 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,260 |
| Other Charges | ₹400 |
| Insurance | ₹1,18,340 |
| On-Road Price in Chennai: | ₹28,71,188 |
| Ex-Showroom Price | ₹18,84,800 |
| TCS | ₹18,848 |
| Road Tax | ₹2,82,720 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,393 |
| Other Charges | ₹400 |
| Insurance | ₹94,240 |
| On-Road Price in Chennai: | ₹22,87,101 |
| Ex-Showroom Price | ₹21,34,800 |
| TCS | ₹21,348 |
| Road Tax | ₹3,20,220 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,843 |
| Other Charges | ₹400 |
| Insurance | ₹1,06,740 |
| On-Road Price in Chennai: | ₹25,90,051 |
| Ex-Showroom Price | ₹21,34,800 |
| TCS | ₹21,348 |
| Road Tax | ₹3,20,220 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,843 |
| Other Charges | ₹400 |
| Insurance | ₹1,06,740 |
| On-Road Price in Chennai: | ₹25,90,051 |
| Ex-Showroom Price | ₹20,10,800 |
| TCS | ₹20,108 |
| Road Tax | ₹3,01,620 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,619 |
| Other Charges | ₹400 |
| Insurance | ₹1,00,540 |
| On-Road Price in Chennai: | ₹24,39,787 |
| Ex-Showroom Price | ₹22,59,800 |
| TCS | ₹22,598 |
| Road Tax | ₹3,38,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,068 |
| Other Charges | ₹400 |
| Insurance | ₹1,12,990 |
| On-Road Price in Chennai: | ₹27,41,526 |
| Ex-Showroom Price | ₹22,59,800 |
| TCS | ₹22,598 |
| Road Tax | ₹3,38,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,068 |
| Other Charges | ₹400 |
| Insurance | ₹1,12,990 |
| On-Road Price in Chennai: | ₹27,41,526 |
| Ex-Showroom Price | ₹22,79,800 |
| TCS | ₹22,798 |
| Road Tax | ₹3,41,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,104 |
| Other Charges | ₹400 |
| Insurance | ₹1,13,990 |
| On-Road Price in Chennai: | ₹27,65,762 |
| Ex-Showroom Price | ₹22,91,800 |
| TCS | ₹22,918 |
| Road Tax | ₹3,43,770 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,125 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,590 |
| On-Road Price in Chennai: | ₹27,80,303 |
| Ex-Showroom Price | ₹22,91,800 |
| TCS | ₹22,918 |
| Road Tax | ₹3,43,770 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,125 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,590 |
| On-Road Price in Chennai: | ₹27,80,303 |
| Ex-Showroom Price | ₹23,66,800 |
| TCS | ₹23,668 |
| Road Tax | ₹3,55,020 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,260 |
| Other Charges | ₹400 |
| Insurance | ₹1,18,340 |
| On-Road Price in Chennai: | ₹28,71,188 |
| Ex-Showroom Price | ₹23,66,800 |
| TCS | ₹23,668 |
| Road Tax | ₹3,55,020 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,260 |
| Other Charges | ₹400 |
| Insurance | ₹1,18,340 |
| On-Road Price in Chennai: | ₹28,71,188 |
| Ex-Showroom Price | ₹17,49,800 |
| TCS | ₹17,498 |
| Road Tax | ₹2,62,470 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,150 |
| Other Charges | ₹400 |
| Insurance | ₹87,490 |
| On-Road Price in Chennai: | ₹21,23,508 |
| Ex-Showroom Price | ₹17,49,800 |
| TCS | ₹17,498 |
| Road Tax | ₹2,62,470 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,150 |
| Other Charges | ₹400 |
| Insurance | ₹87,490 |
| On-Road Price in Chennai: | ₹21,23,508 |
| Ex-Showroom Price | ₹20,56,800 |
| TCS | ₹20,568 |
| Road Tax | ₹3,08,520 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,702 |
| Other Charges | ₹400 |
| Insurance | ₹1,02,840 |
| On-Road Price in Chennai: | ₹24,95,530 |
| Ex-Showroom Price | ₹20,95,800 |
| TCS | ₹20,958 |
| Road Tax | ₹3,14,370 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,772 |
| Other Charges | ₹400 |
| Insurance | ₹1,04,790 |
| On-Road Price in Chennai: | ₹25,42,790 |
| Ex-Showroom Price | ₹21,85,800 |
| TCS | ₹21,858 |
| Road Tax | ₹3,27,870 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,934 |
| Other Charges | ₹400 |
| Insurance | ₹1,09,290 |
| On-Road Price in Chennai: | ₹26,51,852 |
| Ex-Showroom Price | ₹22,82,800 |
| TCS | ₹22,828 |
| Road Tax | ₹3,42,420 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,109 |
| Other Charges | ₹400 |
| Insurance | ₹1,14,140 |
| On-Road Price in Chennai: | ₹27,69,397 |
| Ex-Showroom Price | ₹23,07,800 |
| TCS | ₹23,078 |
| Road Tax | ₹3,46,170 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,154 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,390 |
| On-Road Price in Chennai: | ₹27,99,692 |
| Ex-Showroom Price | ₹23,08,800 |
| TCS | ₹23,088 |
| Road Tax | ₹3,46,320 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,156 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,440 |
| On-Road Price in Chennai: | ₹28,00,904 |
| Ex-Showroom Price | ₹23,19,800 |
| TCS | ₹23,198 |
| Road Tax | ₹3,47,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,176 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,990 |
| On-Road Price in Chennai: | ₹28,14,234 |
| Ex-Showroom Price | ₹23,19,800 |
| TCS | ₹23,198 |
| Road Tax | ₹3,47,970 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,176 |
| Other Charges | ₹400 |
| Insurance | ₹1,15,990 |
| On-Road Price in Chennai: | ₹28,14,234 |
| Ex-Showroom Price | ₹23,40,800 |
| TCS | ₹23,408 |
| Road Tax | ₹3,51,120 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,213 |
| Other Charges | ₹400 |
| Insurance | ₹1,17,040 |
| On-Road Price in Chennai: | ₹28,39,681 |
| Ex-Showroom Price | ₹23,40,800 |
| TCS | ₹23,408 |
| Road Tax | ₹3,51,120 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹4,213 |
| Other Charges | ₹400 |
| Insurance | ₹1,17,040 |
| On-Road Price in Chennai: | ₹28,39,681 |
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FAQs
Certainly! To calculate the on-road price with only the main charges, focus on the following components:
Ex-Showroom Price
Road Tax/Registration Charges
Insurance
Calculation Example:
Let's take a car with an ex-showroom price of ₹10,00,000.
Ex-Showroom Price: ₹10,00,000
Road Tax/Registration Charges (Assuming 10%): ₹10,00,000 x 10% = ₹1,00,000
Insurance (Assuming 5% of ex-showroom price): ₹10,00,000 x 5% = ₹50,000
Total On-Road Price = Ex-Showroom Price + Road Tax + Insurance
Total On-Road Price = 10,00,000 + 1,00,000 + 50,000 = ₹11,50,000
So, the on-road price of the car, considering only the main charges, would be ₹11,50,000.
Note:
The percentages for road tax and insurance can vary by state and specific car model.
Always check the exact percentages and costs with your car dealer or relevant authorities.
The ex-showroom price and the on-road price are two different cost components involved in purchasing a car. Here’s a detailed breakdown of the differences:
Ex-Showroom Price:
Definition: The ex-showroom price is the price of the car as sold by the manufacturer to the dealer, plus the dealer's margin. It includes the Goods and Services Tax (GST) but excludes other on-road costs such as insurance, registration, and additional charges.
Components Included:
Base price of the car
Dealer’s margin
Goods and Services Tax (GST) and any applicable cess
Exclusions:
Road tax/registration charges
Insurance
Handling charges
Any additional charges like accessories or extended warranty
On-Road Price:
Definition: The on-road price is the final price a buyer pays to drive the car out of the dealership. It includes the ex-showroom price plus all additional costs required to make the car road-legal and operational.
Components Included:
Ex-showroom price
Road tax/registration charges (varies by state)
Insurance (third-party and/or comprehensive)
Handling charges
Optional accessories
Extended warranty (optional)
Other miscellaneous charges (e.g., fast tag, number plates)
Key Differences:
Scope:
Ex-Showroom Price: Limited to the car’s base cost, dealer margin, and GST.
On-Road Price: Comprehensive, including all costs required to legally drive the car on the road.
Cost:
Ex-Showroom Price: Lower, as it doesn’t include additional taxes, insurance, or fees.
On-Road Price: Higher, as it encompasses all necessary expenses beyond the ex-showroom price.
Purpose:
Ex-Showroom Price: Used as a reference for the base cost of the car, often used in advertisements.
On-Road Price: Represents the total cost of ownership at the point of purchase, reflecting the actual amount a buyer needs to pay.
Example Calculation:
For a car with an ex-showroom price of ₹10,00,000:
Ex-Showroom Price: ₹10,00,000
On-Road Price Calculation:
Ex-Showroom Price: ₹10,00,000
Road Tax (Assuming 10%): ₹1,00,000
Insurance (Assuming 5%): ₹50,000
Total On-Road Price: ₹10,00,000 + ₹1,00,000 + ₹50,000 = ₹11,50,000
In this example, the ex-showroom price is ₹10,00,000, while the on-road price is ₹11,50,000, demonstrating how additional mandatory costs are included in the on-road price.
SUV
Body Type12.34 - 15.58 kmpl
Mileage1451 - 1956 cc
EngineManual, Automatic
TransmissionPetrol, Diesel
Fuel Type7 Seater
Seat CapacityTrending Cars Of MG
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FAQs
Certainly! To calculate the on-road price with only the main charges, focus on the following components:
Ex-Showroom Price
Road Tax/Registration Charges
Insurance
Calculation Example:
Let's take a car with an ex-showroom price of ₹10,00,000.
Ex-Showroom Price: ₹10,00,000
Road Tax/Registration Charges (Assuming 10%): ₹10,00,000 x 10% = ₹1,00,000
Insurance (Assuming 5% of ex-showroom price): ₹10,00,000 x 5% = ₹50,000
Total On-Road Price = Ex-Showroom Price + Road Tax + Insurance
Total On-Road Price = 10,00,000 + 1,00,000 + 50,000 = ₹11,50,000
So, the on-road price of the car, considering only the main charges, would be ₹11,50,000.
Note:
The percentages for road tax and insurance can vary by state and specific car model.
Always check the exact percentages and costs with your car dealer or relevant authorities.
The ex-showroom price and the on-road price are two different cost components involved in purchasing a car. Here’s a detailed breakdown of the differences:
Ex-Showroom Price:
Definition: The ex-showroom price is the price of the car as sold by the manufacturer to the dealer, plus the dealer's margin. It includes the Goods and Services Tax (GST) but excludes other on-road costs such as insurance, registration, and additional charges.
Components Included:
Base price of the car
Dealer’s margin
Goods and Services Tax (GST) and any applicable cess
Exclusions:
Road tax/registration charges
Insurance
Handling charges
Any additional charges like accessories or extended warranty
On-Road Price:
Definition: The on-road price is the final price a buyer pays to drive the car out of the dealership. It includes the ex-showroom price plus all additional costs required to make the car road-legal and operational.
Components Included:
Ex-showroom price
Road tax/registration charges (varies by state)
Insurance (third-party and/or comprehensive)
Handling charges
Optional accessories
Extended warranty (optional)
Other miscellaneous charges (e.g., fast tag, number plates)
Key Differences:
Scope:
Ex-Showroom Price: Limited to the car’s base cost, dealer margin, and GST.
On-Road Price: Comprehensive, including all costs required to legally drive the car on the road.
Cost:
Ex-Showroom Price: Lower, as it doesn’t include additional taxes, insurance, or fees.
On-Road Price: Higher, as it encompasses all necessary expenses beyond the ex-showroom price.
Purpose:
Ex-Showroom Price: Used as a reference for the base cost of the car, often used in advertisements.
On-Road Price: Represents the total cost of ownership at the point of purchase, reflecting the actual amount a buyer needs to pay.
Example Calculation:
For a car with an ex-showroom price of ₹10,00,000:
Ex-Showroom Price: ₹10,00,000
On-Road Price Calculation:
Ex-Showroom Price: ₹10,00,000
Road Tax (Assuming 10%): ₹1,00,000
Insurance (Assuming 5%): ₹50,000
Total On-Road Price: ₹10,00,000 + ₹1,00,000 + ₹50,000 = ₹11,50,000
In this example, the ex-showroom price is ₹10,00,000, while the on-road price is ₹11,50,000, demonstrating how additional mandatory costs are included in the on-road price.