MG Hector Price in Bangalore
MG Hector price in Bangalore starts at ₹14.00 lakh. The lowest price variant is MG Hector Style and the top variant of MG Hector is Savvy Pro which is priced at ₹20.76 lakh. Check the October 2025 offers/deals on MG Hector Bangalore and book a test drive now.
MG Hector On-Road Price in Bangalore, Karnataka
Get On-Road Car Price of MG Hector in Bangalore. 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 | ₹14,00,000 |
| TCS | ₹14,000 |
| Road Tax | ₹2,38,000 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,520 |
| Other Charges | ₹400 |
| Insurance | ₹70,000 |
| On-Road Price in Bangalore: | ₹17,27,620 |
| Ex-Showroom Price | ₹15,85,000 |
| TCS | ₹15,850 |
| Road Tax | ₹2,69,450 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,853 |
| Other Charges | ₹400 |
| Insurance | ₹79,250 |
| On-Road Price in Bangalore: | ₹19,55,503 |
| Ex-Showroom Price | ₹16,17,000 |
| TCS | ₹16,170 |
| Road Tax | ₹2,74,890 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,911 |
| Other Charges | ₹400 |
| Insurance | ₹80,850 |
| On-Road Price in Bangalore: | ₹19,94,921 |
| Ex-Showroom Price | ₹16,89,000 |
| TCS | ₹16,890 |
| Road Tax | ₹2,87,130 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,040 |
| Other Charges | ₹400 |
| Insurance | ₹84,450 |
| On-Road Price in Bangalore: | ₹20,83,610 |
| Ex-Showroom Price | ₹17,20,000 |
| TCS | ₹17,200 |
| Road Tax | ₹2,92,400 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,096 |
| Other Charges | ₹400 |
| Insurance | ₹86,000 |
| On-Road Price in Bangalore: | ₹21,21,796 |
| Ex-Showroom Price | ₹17,28,000 |
| TCS | ₹17,280 |
| Road Tax | ₹2,93,760 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,110 |
| Other Charges | ₹400 |
| Insurance | ₹86,400 |
| On-Road Price in Bangalore: | ₹21,31,650 |
| Ex-Showroom Price | ₹17,52,000 |
| TCS | ₹17,520 |
| Road Tax | ₹2,97,840 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,154 |
| Other Charges | ₹400 |
| Insurance | ₹87,600 |
| On-Road Price in Bangalore: | ₹21,61,214 |
| Ex-Showroom Price | ₹17,59,000 |
| TCS | ₹17,590 |
| Road Tax | ₹2,99,030 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,166 |
| Other Charges | ₹400 |
| Insurance | ₹87,950 |
| On-Road Price in Bangalore: | ₹21,69,836 |
| Ex-Showroom Price | ₹18,29,000 |
| TCS | ₹18,290 |
| Road Tax | ₹3,10,930 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,292 |
| Other Charges | ₹400 |
| Insurance | ₹91,450 |
| On-Road Price in Bangalore: | ₹22,56,062 |
| Ex-Showroom Price | ₹18,34,000 |
| TCS | ₹18,340 |
| Road Tax | ₹3,11,780 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,301 |
| Other Charges | ₹400 |
| Insurance | ₹91,700 |
| On-Road Price in Bangalore: | ₹22,62,221 |
| Ex-Showroom Price | ₹19,69,000 |
| TCS | ₹19,690 |
| Road Tax | ₹3,34,730 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,544 |
| Other Charges | ₹400 |
| Insurance | ₹98,450 |
| On-Road Price in Bangalore: | ₹24,28,514 |
| Ex-Showroom Price | ₹19,69,000 |
| TCS | ₹19,690 |
| Road Tax | ₹3,34,730 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,544 |
| Other Charges | ₹400 |
| Insurance | ₹98,450 |
| On-Road Price in Bangalore: | ₹24,28,514 |
| Ex-Showroom Price | ₹19,99,000 |
| TCS | ₹19,990 |
| Road Tax | ₹3,39,830 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,598 |
| Other Charges | ₹400 |
| Insurance | ₹99,950 |
| On-Road Price in Bangalore: | ₹24,65,468 |
| Ex-Showroom Price | ₹19,99,000 |
| TCS | ₹19,990 |
| Road Tax | ₹3,39,830 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,598 |
| Other Charges | ₹400 |
| Insurance | ₹99,950 |
| On-Road Price in Bangalore: | ₹24,65,468 |
| Ex-Showroom Price | ₹19,99,900 |
| TCS | ₹19,999 |
| Road Tax | ₹3,39,983 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,600 |
| Other Charges | ₹400 |
| Insurance | ₹99,995 |
| On-Road Price in Bangalore: | ₹24,66,577 |
| Ex-Showroom Price | ₹19,99,900 |
| TCS | ₹19,999 |
| Road Tax | ₹3,39,983 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,600 |
| Other Charges | ₹400 |
| Insurance | ₹99,995 |
| On-Road Price in Bangalore: | ₹24,66,577 |
| Ex-Showroom Price | ₹20,76,000 |
| TCS | ₹20,760 |
| Road Tax | ₹3,73,680 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,737 |
| Other Charges | ₹400 |
| Insurance | ₹1,03,800 |
| On-Road Price in Bangalore: | ₹25,81,077 |
| Ex-Showroom Price | ₹14,00,000 |
| TCS | ₹14,000 |
| Road Tax | ₹2,38,000 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,520 |
| Other Charges | ₹400 |
| Insurance | ₹70,000 |
| On-Road Price in Bangalore: | ₹17,27,620 |
| Ex-Showroom Price | ₹15,85,000 |
| TCS | ₹15,850 |
| Road Tax | ₹2,69,450 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,853 |
| Other Charges | ₹400 |
| Insurance | ₹79,250 |
| On-Road Price in Bangalore: | ₹19,55,503 |
| Ex-Showroom Price | ₹16,17,000 |
| TCS | ₹16,170 |
| Road Tax | ₹2,74,890 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹2,911 |
| Other Charges | ₹400 |
| Insurance | ₹80,850 |
| On-Road Price in Bangalore: | ₹19,94,921 |
| Ex-Showroom Price | ₹16,89,000 |
| TCS | ₹16,890 |
| Road Tax | ₹2,87,130 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,040 |
| Other Charges | ₹400 |
| Insurance | ₹84,450 |
| On-Road Price in Bangalore: | ₹20,83,610 |
| Ex-Showroom Price | ₹18,34,000 |
| TCS | ₹18,340 |
| Road Tax | ₹3,11,780 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,301 |
| Other Charges | ₹400 |
| Insurance | ₹91,700 |
| On-Road Price in Bangalore: | ₹22,62,221 |
| Ex-Showroom Price | ₹17,20,000 |
| TCS | ₹17,200 |
| Road Tax | ₹2,92,400 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,096 |
| Other Charges | ₹400 |
| Insurance | ₹86,000 |
| On-Road Price in Bangalore: | ₹21,21,796 |
| Ex-Showroom Price | ₹17,52,000 |
| TCS | ₹17,520 |
| Road Tax | ₹2,97,840 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,154 |
| Other Charges | ₹400 |
| Insurance | ₹87,600 |
| On-Road Price in Bangalore: | ₹21,61,214 |
| Ex-Showroom Price | ₹19,69,000 |
| TCS | ₹19,690 |
| Road Tax | ₹3,34,730 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,544 |
| Other Charges | ₹400 |
| Insurance | ₹98,450 |
| On-Road Price in Bangalore: | ₹24,28,514 |
| Ex-Showroom Price | ₹19,99,900 |
| TCS | ₹19,999 |
| Road Tax | ₹3,39,983 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,600 |
| Other Charges | ₹400 |
| Insurance | ₹99,995 |
| On-Road Price in Bangalore: | ₹24,66,577 |
| Ex-Showroom Price | ₹19,99,900 |
| TCS | ₹19,999 |
| Road Tax | ₹3,39,983 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,600 |
| Other Charges | ₹400 |
| Insurance | ₹99,995 |
| On-Road Price in Bangalore: | ₹24,66,577 |
| Ex-Showroom Price | ₹20,76,000 |
| TCS | ₹20,760 |
| Road Tax | ₹3,73,680 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,737 |
| Other Charges | ₹400 |
| Insurance | ₹1,03,800 |
| On-Road Price in Bangalore: | ₹25,81,077 |
| Ex-Showroom Price | ₹17,28,000 |
| TCS | ₹17,280 |
| Road Tax | ₹2,93,760 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,110 |
| Other Charges | ₹400 |
| Insurance | ₹86,400 |
| On-Road Price in Bangalore: | ₹21,31,650 |
| Ex-Showroom Price | ₹17,59,000 |
| TCS | ₹17,590 |
| Road Tax | ₹2,99,030 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,166 |
| Other Charges | ₹400 |
| Insurance | ₹87,950 |
| On-Road Price in Bangalore: | ₹21,69,836 |
| Ex-Showroom Price | ₹18,29,000 |
| TCS | ₹18,290 |
| Road Tax | ₹3,10,930 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,292 |
| Other Charges | ₹400 |
| Insurance | ₹91,450 |
| On-Road Price in Bangalore: | ₹22,56,062 |
| Ex-Showroom Price | ₹19,69,000 |
| TCS | ₹19,690 |
| Road Tax | ₹3,34,730 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,544 |
| Other Charges | ₹400 |
| Insurance | ₹98,450 |
| On-Road Price in Bangalore: | ₹24,28,514 |
| Ex-Showroom Price | ₹19,99,000 |
| TCS | ₹19,990 |
| Road Tax | ₹3,39,830 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,598 |
| Other Charges | ₹400 |
| Insurance | ₹99,950 |
| On-Road Price in Bangalore: | ₹24,65,468 |
| Ex-Showroom Price | ₹19,99,000 |
| TCS | ₹19,990 |
| Road Tax | ₹3,39,830 |
| Registration Charges | ₹600 |
| FASTag | ₹600 |
| Hypothecation Endorsement | ₹1,500 |
| Road Safety Cess | ₹3,598 |
| Other Charges | ₹400 |
| Insurance | ₹99,950 |
| On-Road Price in Bangalore: | ₹24,65,468 |
Sell used car from the comfort of your home. Get free car assessment, quick payment disbursal and free RC transfer. Book car inspection right now to find out how much payment you can get for selling it today.
Compare Prices of Hector Rivals
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 - 16.17 kmpl
Mileage1451 - 1956 cc
EngineManual, Automatic
TransmissionPetrol, Diesel
Fuel Type5 Seater
Seat CapacityTrending Cars Of MG
MG Hector On-Road Prices In Top Cities
- Check Hector On-Road Price In Delhi
- Check Hector On-Road Price In Gurgaon
- Check Hector On-Road Price In Noida
- Check Hector On-Road Price In Mumbai
- Check Hector On-Road Price In Bangalore
- Check Hector On-Road Price In Hyderabad
- Check Hector On-Road Price In Lucknow
- Check Hector On-Road Price In Pune
- Check Hector On-Road Price In Ahmedabad
- Check Hector On-Road Price In Chennai
- Check Hector On-Road Price In Rajkot
- Check Hector On-Road Price In Nashik
- Check Hector On-Road Price In Nagpur
- Check Hector On-Road Price In Kolhapur
- Check Hector On-Road Price In Kanpur
- Check Hector On-Road Price In Faridabad
- Check Hector On-Road Price In Bhopal
- Check Hector On-Road Price In Surat
- Check Hector On-Road Price In Udaipur
- Check Hector On-Road Price In Varanasi
- Check Hector On-Road Price In Patna
MG hector Variants Explained
February 2023 - MG Hector Diesel Facelift Variants Explained - Which One To Buy?
In this variant explained article, you'll find out which variant of the 2023 MG Hector diesel facelift you should buy based on the prices, variant-wise features and value for money. Here we...
February 2023 - MG Hector Petrol Facelift Variants Explained - Which One To Buy?
In this variant explained article, you'll find out which variant of the 2023 MG Hector petrol facelift you should buy based on the prices, variant-wise features and value for money. Here we...
MG Hector Top Model - Sharp Features And Cost
In this article, we’ll look at the MG Hector top model and the features of the Hector Sharp variant.
.jpg)
MG Hector Base Model Style Features engine specs dimensions Cost
In this article, we’ll look at the MG Hector base model and the features of the Hector Style variant.
Should You Buy The New Mid-Spec MG Hector Shine Variant? MG Hector Shine Variant Explained
On the occasion of completing 2 years in India, the MG Hector got a new update. MG launched a mid-spec Shine variant of the Hector. This trim bridges the gap between the Super and Smart trims and...
MG Hector Expert Reviews
MG Next-Gen Hector Plus Ground Clearance, Boot Space & Dimensions
This article will give you details about the dimensions, or length, width, height and...
MG Next-Gen Hector Plus Engine Specifications, Mileage, Power, Torque
This article will give you a perspective of the engine specs like, displacement, power,...
MG Next-Gen Hector Ground Clearance, Boot Space & Dimensions
This article will give you details about the dimensions, or length, width, height and...
MG Next-Gen Hector Engine Specifications, Mileage, Power, Torque
This article will give you a perspective of the engine specs like, displacement, power,...
MG Hector Petrol Or Diesel? Mileage & Running Cost Comparison
If you’re wondering whether you should buy the MG Hector petrol or diesel then this...
MG Hector Ground Clearance, Boot Space & Dimensions
This article will give you details about the dimensions, or length, width, height and...
MG Hector Related Videos
-vs-mg-hector-style.webp)
MG Hector Related News
Final MG GST Price List — All Models, Variant-wise Summary & Rate Cut Comparison (Confirmed)
We now have the full and final, confirmed variant-wise GST price list of all MG cars along...
Confirmed MG Hector & Hector Plus New GST Rate List & Old vs New Comparison w/ GST Price Cut
Here are the confirmed prices of all MG Hector and Hector Plus variants after the revised...
August 2025 — MG Astor, Comet EV, Hector, Gloster, ZS EV Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Gloster,...
MG Hector Gets A Big Price Drop Of Up To Rs. 1.87 Lakh In August 2025
MG India have just revised the prices of the Hector. The biggest price change affects the...
MG Select Dealership Now Open In Delhi-NCR
JSW MG Motor India have officially launched their first MG Select Experience Centre in...
MG Could Exit India — JSW To Raise Stake In JSW MG & Bring New EV Brand
According to a recent report from Economic Times, JSW are going to increase their stake in...
July 2025 — MG Astor, Comet EV, Hector, Gloster, ZS EV Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Gloster,...
#FirstSpot – July 2025 MG Hector Price Change — Hiked By Up To 30k
MG Motor India just increased the prices of the Hector 2025 for the 3rd time in 2025. The...
MG Motor India Announce Up To 1.5% From July 2025
JSW MG Motor India have announced that they will implement a marginal price increase of up...
June 2025 — MG Astor, Comet EV, Hector, Gloster, ZS EV Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Gloster,...
May 2025 — MG Astor, Comet EV, Hector, Gloster, ZS EV Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Gloster,...
Scoop: May 2025 MG Hector Price Change — Hiked By Up To 26k
MG Motor India have just increased the prices of the Hector for the 2nd time in 2025. The...
2025 MG Hector Now E20 Fuel Compliant – Prices Unchanged
JSW MG Motor India have announced that 2025 Hector is now E20 fuel compliant, aligning...
April 2025 — MG Astor, Comet EV, Hector, Gloster Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Comet EV...
March 2025 — MG Astor, Comet EV, Hector, Gloster, ZS EV Discount Offers
In this article, we’ll list out the ongoing offers on the MG Astor, Hector, Comet EV...
Popular Models
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.