For example, road tax in Andhra Pradesh plays an important role in the final price of a new vehicle. The higher the road tax, the more you’ll need to factor it into your budget when making the purchase. But what if you could make the cost more manageable?
This is where Bajaj Finserv New Car Loans can be beneficial. Our car loans cover up to 100% of your car’s on-road price, including road tax. In fact, you might already be pre-approved for one of our car loans. Check your offer and take the first step towards owning your new car.
Keep reading to learn more about how road tax in Andhra Pradesh affects your car price and how our new car loans can assist you in covering these costs.
Andhra Pradesh road tax
Road tax in Andhra Pradesh is a mandatory charge that car owners need to pay to legally use public roads. This tax plays a crucial role in funding the maintenance and enhancement of the state's road infrastructure. The road tax is calculated based on factors like the vehicle’s cost, engine size, and type. It also varies between states. In Andhra Pradesh, road tax can significantly impact the overall cost of your vehicle, depending on its specifications.When purchasing a new car in Andhra Pradesh, it’s important to account for the road tax along with the ex-showroom price. The road tax differs based on whether the car runs on petrol, diesel, or CNG. Understanding how road tax operates can aid in making better financial decisions when buying a car in Andhra Pradesh.
Andhra Pradesh road tax calculation
So, how is road tax in Andhra Pradesh determined? Road tax in this state is influenced by various factors, including the vehicle’s weight, engine capacity, and age. Generally, heavier vehicles are taxed at a higher rate, while older vehicles may be taxed differently due to concerns over emissions and environmental impact. The vehicle’s purpose, whether for personal or commercial use, also affects the tax, with commercial vehicles typically facing higher charges.Other elements such as seating capacity, engine size, and the vehicle's overall dimensions (length and width) are also factored into the calculation. Larger vehicles, such as SUVs, trucks, and other large cars, tend to incur higher road taxes compared to smaller vehicles. Fuel type is another key consideration, with eco-friendly vehicles often benefiting from reduced tax rates.
For instance, if you purchase a new car priced at Rs. 12 lakh with an engine capacity of 1,200 cc, the road tax could be around 3.5-4.5% of the car's price. This means the road tax could be anywhere between Rs. 42,000 and Rs. 54,000.
Does this seem like a substantial additional cost? Road tax can sometimes surprise car buyers. But what if you could make the whole process easier by financing the road tax alongside other vehicle-related expenses? With a Bajaj Finserv New Car Loan, you can finance the full cost of your car, including road tax. Wondering how much you could borrow? With just a few clicks, you can check your new car loan eligibility and take a step closer to owning your new car in Andhra Pradesh.
Road tax in Andhra Pradesh for new cars
When buying a new car in Andhra Pradesh, it’s essential to be aware of the road tax based on factors like the car’s price, engine size, and fuel type. Road tax plays an important role in determining the total cost of the car. Here’s an overview of road tax for different vehicle categories:Period/Class of vehicle | Cost less than Rs.10 lakh | Cost of exceeding Rs. 10 lakh |
Registration of new vehicles | 12% | 14% |
Already registered and its age from the month of registration - | ||
Less than 2 years | 11% | 13% |
2 – 3 years | 10.5% | 12.5% |
3 – 4 years | 10% | 12% |
4 – 5 years | 9.5% | 11.5% |
5 – 6 years | 9% | 11% |
6 – 7 years | 8.5% | 10.5% |
7 – 8 years | 8% | 10% |
8 – 9 years | 7.5% | 9.5% |
9 – 10 years | 7% | 9% |
10 – 11 years | 6.5% | 8.5% |
11 – 12 years | 6% | 8% |
More than 12 years | 5.5% | - |
As the cost of the car increases, so does the road tax. It’s vital to keep this in mind when budgeting for your new car purchase in Andhra Pradesh.
How to pay Andhra Pradesh road tax online?
Paying road tax in Andhra Pradesh has become easier with online services. Here’s how you can pay your road tax online:- Visit the official e-Vahan website at https://parivahan.gov.in/ and enter your vehicle details.
- Navigate to the 'Online Services' section and choose ‘Pay Vehicle Tax’.
- Enter your vehicle registration number and other required details.
- The portal will display your vehicle’s information and any outstanding tax dues.
- Complete the payment using a debit card, credit card, or net banking.
- Once payment is successful, you will receive an electronic receipt for your records.
Road tax in Andhra Pradesh is an important factor that contributes to the total cost of your new car. It’s essential to account for this tax while planning your car purchase. However, the good news is that Bajaj Finserv New Car Loans can assist you in financing up to 100% of your car’s on-road price. With flexible repayment options and competitive interest rates, you can get closer to owning the car of your dreams.
Ready to make your car purchase? Check your pre-approved offer today and finance your new car with Bajaj Finserv New Car Loans.