On-Road Car Prices in Mumbai - February 2026

Mumbai is one of India's largest and most dynamic car markets, and understanding on-road pricing here requires a clear grasp of how Maharashtra's tax and registration framework works. The on-road price of any car in Mumbai is made up of four primary components: the ex-showroom price set by the manufacturer, the road tax levied by the state government, RTO registration and related charges, and the motor insurance premium. Together, these elements can push the final cost anywhere from 8 to 15 percent above the listed ex-showroom figure, depending on the car's segment and specifications.

Maharashtra road tax is calculated as a percentage of the vehicle's invoice value and varies based on the car's price bracket and fuel type. Vehicles in lower price bands attract a comparatively modest tax rate, while premium and luxury cars face steeper percentages. This tiered approach means two cars with a small difference in ex-showroom price could end up with noticeably different on-road costs if they fall into separate tax slabs. Diesel and electric vehicles may also be treated differently under state policy, so it is worth checking the latest applicable rates before finalizing your budget.

The RTO registration process in Mumbai falls under the jurisdiction of the Maharashtra Motor Vehicles Department. When you buy a new car, the dealer typically handles the registration paperwork on your behalf. Charges include the registration fee, number plate cost, hypothecation endorsement if you are financing the car, and a road safety cess. Mumbai's RTO offices, located across zones like Andheri, Tardeo, and Wadala, process a high volume of registrations, so timely document submission through the dealer helps avoid delays. The registration number will carry the MH-01 through MH-47 series depending on the specific RTO zone.

Motor insurance is the other significant variable in your on-road price. Third-party liability insurance is mandatory and its premium is fixed by the IRDAI based on engine cubic capacity. Comprehensive coverage, which most buyers opt for, adds to the cost and varies by insurer, the car's insured declared value, and any add-on covers you choose. In a city like Mumbai where traffic density and the risk of minor incidents are high, opting for adequate coverage including own-damage protection is a practical decision.

When comparing on-road prices of different models in Mumbai, always look beyond just the ex-showroom number. A car that appears cheaper on paper might end up costing more on-road due to a higher road tax slab or a larger engine attracting steeper insurance. Use this page to compare final on-road figures across the models listed, factor in your financing terms, and arrive at the truest picture of what driving your new car out of a Mumbai showroom will actually cost you.