what is ex showroom price

Ex-showroom price is the price at which a dealer purchases a vehicle from the manufacturer. It includes the factory cost, GST, and the dealers profit margin. This price does not include additional expenses such as road tax, registration fees, insurance, and other charges that are added to the final price of the vehicle. On the other hand, the on-road price of a vehicle is the final price that a buyer pays to purchase a vehicle, which includes the ex-showroom price, road tax, registration fees, insurance, and other charges. Therefore, the on-road price is higher than the ex-showroom price. It is important to note that the on-road price may vary depending on the state or city in which the vehicle is purchased due to differences in taxes and other charges.