1. Home

  2. Calculators

  3. On-Road Price Calculator

On-Road Price Calculator

Also try: Car Loan EMI CalculatorLoan EMI Calculator
₹11.37 L
₹
%
₹
₹
₹
₹
₹

On-Road Price

₹11.37 L

+₹1.36 L over ex-showroom (13.7% markup)

Component Amount (₹)
Ex-showroom price 10,00,000
Road tax (10%) 1,00,000
Registration fee 1,000
First-year insurance 30,000
FASTag 500
Handling / documentation 5,000
On-road total 11,36,500

Bands above are illustrative. Always ask the dealer for an itemised on-road quote in writing before booking.

Why "on-road price" matters more than the ex-showroom sticker

Car ads in India almost always quote ex-showroom price — the manufacturer's price including GST and cess, but excluding the state-level taxes and registration costs you actually have to pay to drive the car home. The number that hits your bank account is the on-road price, which typically runs 10–20% higher.

The gap matters because (a) most car loans finance the on-road price minus your down payment, so your EMI is computed on the larger number, and (b) many cost components inside the on-road price are negotiable or skippable — and you only spot them if you have an itemised quote before booking.

The cost components, breakdown

  • Ex-showroom price — manufacturer price + GST (typically 28%) + cess (1–22% based on segment and fuel type). This is the fixed component everywhere in India.
  • Road tax — state-level. Ranges from ~4% (Delhi NCR small petrol) to ~17% (Karnataka large petrol). EVs attract 0–5% in most states.
  • Registration fee — ₹600–₹10,000 depending on RTO; usually trivial relative to road tax.
  • TCS (Tax Collected at Source) — 1% of ex-showroom for cars above ₹10 lakh ex-showroom. Real upfront cash outlay; claimable back at ITR filing.
  • First-year insurance — basic third-party is mandatory; comprehensive (own-damage cover) is strongly recommended. Typically ₹15,000–₹60,000 in year one depending on car value and cover.
  • FASTag — ₹500, mandatory for highway tolls.
  • Handling / documentation — dealer line item, ₹3,000–₹15,000. Often negotiable.
  • Accessories + extended warranty — entirely optional. Dealer markup is 30–50%; the aftermarket is materially cheaper for most accessories.

What your car loan will (and won't) cover

Lenders typically finance the ex-showroom + road tax + registration + basic insurance bundle (called "on-road financing"). What stays on you in cash at delivery:

  • Down payment on the financed portion — 15–20% for new cars, 25–30% for used.
  • TCS on ex-showroom over ₹10 lakh — usually not financed; pay upfront, claim back at ITR.
  • Accessories, extended warranty, comprehensive insurance upgrade — typically NOT included in the loan; cash at delivery.
  • Handling / documentation charges — usually NOT financed; due in cash at delivery.

On a ₹15 lakh on-road car with a 20% down payment, that's ₹3 lakh down plus another ₹50,000–₹1.5 lakh of unfinanced extras — roughly ₹3.5–₹4.5 lakh in cash at delivery, not the ₹3 lakh the brochure suggests.

Cost of ownership — the longer view

On-road price is the year-zero cost. The true cost of owning a car over 5 years runs materially higher once you add:

  • Insurance renewals — comprehensive premium for years 2–5; typically ₹15,000–₹40,000/yr, declining as the car depreciates.
  • Fuel — for ~12,000 km/yr at ₹105/litre petrol and 15 km/l mileage, roughly ₹84,000/yr. EVs run at ~₹15,000–₹25,000/yr on equivalent kilometers.
  • Service and maintenance — ₹8,000–₹25,000/yr at the authorised service centre depending on segment.
  • Tyres + battery replacements — ₹25,000–₹60,000 once around year 4 for tyres; ₹6,000–₹12,000 around year 4–5 for battery.
  • Depreciation — typically 35–45% over 5 years for petrol, slightly more for diesel, materially more for EVs.

A ₹15 lakh on-road petrol car driven 12,000 km/yr typically costs ₹6.5–₹8.5 lakh in running costs (fuel + insurance + service + tyres) over 5 years, on top of the depreciation drag. The on-road price is roughly 60–65% of the true 5-year cost.

Run the EMI numbers

Once you have the on-road price and your down payment locked, the Car Loan EMI calculator computes the monthly EMI at any rate and tenure. For the full borrowing-cost view across the loan term, see the Car Down Payment & Extra Costs guide for what's negotiable and where the dealer margin sits.

FAQs

Ex-showroom price is what the manufacturer charges the dealer, including GST and cess but excluding state-level taxes and registration costs. On-road price is what you actually pay to drive the car home — ex-showroom plus road tax (4–17% of ex-showroom depending on state and fuel type), registration fee (₹600–₹10,000), TCS at 1% on cars above ₹10 lakh, first-year insurance, FASTag, handling charges, and any optional accessories or extended warranty. The on-road price typically runs 10–20% above ex-showroom.

Road tax (technically "motor vehicle tax") is a state-level levy under the state list of the Constitution — each state legislates its own slab structure. Maharashtra and Karnataka are at the top (10–17% for petrol passenger cars above ₹10 lakh), Delhi NCR and Gujarat are at the lower end (4–8%), with most other states in between. EVs attract 0–5% in nearly every state under current GoI clean-mobility incentives. The result: the same ₹15 lakh ex-showroom car can have an on-road price difference of ₹1–₹2 lakh between a high-tax and a low-tax state.

Yes. TCS at 1% on the ex-showroom value of cars priced above ₹10 lakh (under Section 206C(1F)) is collected by the dealer and remitted to the government against your PAN. It appears in your Form 26AS / AIS, and you can claim it as a tax credit when filing your ITR — adjusted against your total tax liability or refunded. Keep the dealer invoice that shows the TCS deduction. The 1% is a real upfront cash outlay at the time of purchase but does not represent a final tax cost for most buyers.

Buy your own — usually 10–20% cheaper. Dealers earn a 15% commission on bundled insurance, which is baked into the higher premium they quote. You can buy comprehensive car insurance directly from any insurer's website (HDFC Ergo, ICICI Lombard, Tata AIG, Bajaj Allianz, Acko, Digit, etc.), email the policy PDF to the dealer, and they'll register the car against that policy. The only constraint: the policy must be active before the registration date, so don't leave it to the morning of delivery.

No — they are entirely a dealer line item with no statutory backing. Most dealers will reduce or waive them on request, especially at month-end, quarter-end, or during festive periods when sales targets dominate. If a dealer insists they are non-negotiable, walk away and ask a competing dealer for the same model. The car price itself has small dealer margin, but handling charges + accessories + extended warranty are where the dealer's discretionary profit sits, and that's where most of your negotiation leverage applies.

Dealer-quoted accessory packages typically run ₹15,000–₹1 lakh+ depending on segment and what's pushed (premium audio, ceramic coating, body cover, mats, sun film, anti-rust, infotainment upgrades). Aftermarket prices for the same items are typically 30–40% lower. Extended warranty packages (covering year 3 onward) typically cost ₹15,000–₹50,000 for 2–5 additional years of cover. Worth taking on cars where post-warranty repairs are expensive (luxury, certain European brands); usually not worth taking on entry-segment cars where any major failure costs less than the warranty itself.

Three reasons: (1) road tax varies by RTO within the same state in some cases (rare but possible), (2) dealers have flexibility on the handling / documentation charges and accessory packages — these can differ by ₹10,000–₹50,000+ between dealers in the same city, (3) some dealers bundle "extra" line items into their on-road price (premium accessories, mandatory ceramic coating, "luxury package") that other dealers don't. Always compare itemised on-road quotes from 2–3 dealers; the bottom-line difference can be ₹30,000–₹1 lakh on a mid-segment car.

It typically includes first-year basic insurance — which means third-party (TP) liability cover at minimum, often bundled with own-damage (OD) cover to make a comprehensive policy. The exact bundle depends on the dealer. Coverage upgrades like zero-depreciation, engine protection, roadside assistance, RTI (Return To Invoice), and consumables cover are usually NOT in the base on-road quote and have to be added (₹3,000–₹15,000 extra). For a new car in the ₹10 lakh+ range, zero-dep is almost always worth taking for the first 3–5 years.