What is FOR ( Free on Road)

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Daya

Daya (Querist)
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30 March 2023 what is For , what is its meaning.

CA Sanat Pyne

CA Sanat Pyne (Expert)
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30 March 2023 "Free on road" (FOR) is a pricing term used in the automotive industry to indicate the price of a vehicle that includes all the costs required to make the vehicle roadworthy and legally compliant, such as taxes, registration fees, insurance, and other charges.
When a vehicle is sold "free on road," the price quoted by the seller includes all of these costs, and the buyer does not have to pay any additional charges to make the vehicle legally roadworthy. The seller takes care of all the necessary paperwork and formalities related to the registration and licensing of the vehicle.
In summary, "free on road" (FOR) is a pricing term used in the automotive industry to indicate the price of a vehicle that includes all the costs required to make the vehicle roadworthy and legally compliant, and the buyer does not have to pay any additional charges.

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