The Aion Y Plus is an electric car from Aion that is not on the new-car list right now. If you own one or are thinking of buying used, insurance is the cost the facts show best. This guide sets it out, along with the COE rule and what is known about road tax.
The insurance figures are examples for one stated driver, as of 1 November 2026. Only one insurer prices this car online, so treat the figures as a single reference point.
What is known about the car
The new-car list has no entry for the Y Plus on sale now. So there is no list price, power or body type to give here. The price page carries insurance prices and the COE rule.
The quote form lists two versions:
- Y Plus 63.2 kWh
- Y Plus Premium 63.2 kWh
The insurance figures are for the Y Plus 63.2 kWh, the version most insurers quote.
COE
The price page sets the rule. A fully electric Y Plus needs a Category A COE if its motor is 110kW (147bhp) or less. A more powerful motor needs Category B.
The October 2026 2nd round closed at S$132,004 for Category A and S$131,901 for Category B. A used car carries its own COE, so check how long is left. See the COE page for later rounds.
Road tax
Road tax for an electric car follows motor power. The facts have no motor power for the Y Plus, so this guide gives no figure. Use the road tax page once you know the motor output, which is on the car's papers.
The age surcharge applies to every car. It adds +10% over 10 years, +20% over 11, +30% over 12, +40% over 13 and +50% over 14.
One insurer, one price
The Aion Y Plus price page prices:
- Car: Y Plus 63.2 kWh, 3 years old, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no options
1 insurer prices it, at S$3,518.45 a year with a S$2,500 excess. The price includes 9% GST.
That is a high premium paired with a high excess. With no second price online, you cannot see a spread on the page. Asking other insurers directly is the only way to compare.
The excess deserves as much attention as the premium. At S$2,500, a small repair claim may cost you more than it is worth claiming. If you do claim, your NCD can fall, and the table below shows how much that moves the price. Weigh the premium, the excess and your NCD together before you settle on a plan.
The page lists 13 insurers with no online price for this car. Most have no price for the model yet. One has no online price for electric cars, one does not quote them online, and one prices repairs at any workshop only.
How the price changes
One detail at a time, from the same insurer:
- No NCD (0%): S$6,613.66, which is S$3,095.21 more
- 20% NCD: S$5,336.13, which is S$1,817.68 more
- Driver aged 27, 3 years' driving, 30% NCD: S$7,072.19, which is S$3,553.74 more
- Driver aged 65, 20 years' driving: S$3,979.78, which is S$461.33 more
- New car, registered this year: S$3,516.97, which is S$1.48 less
- Car 8 years old: S$3,206.63, which is S$311.82 less
The young driver line costs most, at 101% more. Losing your NCD comes close. An older car is the change that brings the price down most. That matters if you are looking at a used Y Plus.
Before you buy a used Y Plus
- Ask for quotes first: with one online price, get quotes before you commit to the car.
- Check the COE left: it sets how long you can keep the car.
- Check the motor output: you need it to work out road tax.
- Ask about the battery: a service record and battery check help you judge the car.
Against other electric cars
The price page compares the Y Plus with six electric cars, for the same driver and car age:
- BMW iX1: S$1,907.27
- BYD Sealion 7: S$1,390.72
- Tesla Model Y: S$939.71
- BYD Atto 3: S$913.63
- Tesla Model 3: S$913.62
- BYD M6: S$861.41
Their average lowest price is S$1,154.39. The Y Plus costs 205% more than that, and all 6 are cheaper to insure on these details. Much of that gap reflects having one insurer's price to go on. The Aion car insurance page lists the brand's other models.
Costs set by you
- Charging: home, work and public chargers each cost differently.
- Parking: season parking at home and parking elsewhere.
- ERP: depends on your routes.
- Servicing: follow the maker's schedule.
- Depreciation: depends on the price paid and the COE left.
Summary of yearly costs we can show
For the Aion Y Plus 63.2 kWh, as of 1 November 2026:
- Insurance, standard driver: S$3,518.45 a year from one insurer
- Insurance, no NCD: S$6,613.66
- Insurance, driver aged 27: S$7,072.19
- Insurance, car 8 years old: S$3,206.63
- Road tax: no figure in the facts; see the road tax page
For reference, COE in the October 2026 2nd round was S$132,004 for Category A and S$131,901 for Category B.
Before you buy: car insurance for the Aion Y Plus
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Aion Y Plus to see today's prices from every insurer we compare and how they change with the driver and the car's age. Or get a quote with your own details.