The Audi SQ8 is a large petrol SUV with a big engine and a price to match. One figure stands out, though. Against the similar cars on its price page, it costs less to insure than most. This guide sets out the full picture.
Insurance prices are examples for one stated driver, as of 1 November 2026. They are not a quote.
On the new-car list
The new-car list read on 2026-10-10 shows one version:
- Audi SQ8 4.0 TFSI qu Tip: petrol, 3,996cc, 500bhp
- Body type: SUV, made in Slovakia
- List price: S$596,999 as listed on 2026-10-10, including COE as listed that day
The price page prices the same version. Dealers revise prices after COE rounds, so ask for a current figure.
The COE it needs
The price page puts the SQ8 in Category B, as its 3,996cc engine is above 1,600cc.
Category B closed at S$131,901 in the October 2026 2nd round. For later results, see the COE page.
Road tax at the top of the scale
A 3,996cc engine sits high on LTA's scale. The formula gives S$3,942.84 a year, before any age surcharge. That is a larger yearly sum than the lowest insurance premium below.
An age surcharge starts once the car passes 10 years:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page works out other engines.
Insurance for the page's driver
The Audi SQ8 price page prices one profile:
- The car: registered 3 years ago, private use, comprehensive cover
- The driver: aged 40, married, office job, 10 years' driving
- The record: 50% no-claim discount (NCD), no claims
- Repairs: at an authorised workshop, no options
On those details, 3 insurers price it, across six plans. The lowest premium is S$1,370 a year, marked as an estimate. The dearest insurer starts at S$3,041.27. That is S$1,671.27 more, or 122% on top. All prices include 9% GST.
The page lists 16 more insurers with no online price. So 3 of 19 quote it online.
Read the plan names
The plans differ in more than price. One plan on the page is collision only, at S$1,612.72. The page lists it beside comprehensive plans. Check what each plan covers before you compare premiums.
Excess on each plan
- S$1,000 on the lowest premium
- S$2,000 on the two middle plans
- S$300 on the three dearest plans
The lowest premium also has a moderate excess. The highest premiums come with the smallest excess.
How the price changes
The page shows the lowest price when one detail changes:
- No NCD (0%): S$2,907.89, which is S$1,537.89 more
- 20% NCD: S$2,326.30, S$956.30 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,795.61, S$1,425.61 more
- Driver aged 65, 20 years' driving: S$1,528.04, S$158.04 more
- A new car, registered this year: S$1,370, the same, with 2 insurers
- A car 8 years old: S$1,370, the same
The NCD is the big lever here. With none, the lowest price rises by 112%. A young driver pays almost as much.
The car's age leaves the lowest price unchanged. For a brand-new car, though, only 2 insurers quote online.
Against similar cars
The price page compares six large-engined cars, for the same driver and car age:
- BMW M5 Sedan: S$3,485.71
- BMW M5 Touring: S$3,485.71
- BMW X7 M60i: S$1,786.26
- Chrysler 300: S$1,675.24
- BMW 735i: S$1,061.44
- BMW 735Li: S$1,061.44
Their average lowest price is S$2,092.63. The SQ8 costs 35% less than that. Only 2 of the six are cheaper to insure, the two BMW 735 models.
That is unusual for a car of this size and price. It rests on one estimated premium, though. Check a firm quote before you build it into a budget. Other Audi models are on the Audi car insurance page.
Who pays least and who pays most
Paying least on these figures: a driver of 40 with a 50% NCD and a clean record. The car's age makes no difference to that driver's lowest price.
Paying a little more: a driver of 65 with 20 years' driving. The rise is S$158.04 on the lowest price, and all 3 insurers still quote.
Paying most: a driver with no NCD, or a younger driver of 27 with 30% NCD. Both pay roughly double the standard driver. If the main driver is newer to the road, budget for that figure.
Costs you set yourself
- Parking: season parking at home and at work. Check that your car park suits a large SUV.
- Petrol: set by distance and pump prices.
- ERP: depends on your routes and when you travel.
- Servicing and tyres: ask what the warranty covers and what scheduled servicing costs.
- Depreciation: what the car loses over its COE life turns on the price you pay and what it fetches later.
Summary of yearly costs we can show
For the Audi SQ8 4.0 TFSI qu Tip:
- Road tax: S$3,942.84 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$1,370 a year (as of 1 November 2026)
- Insurance, no NCD: from S$2,907.89
- Insurance, driver aged 27: from S$2,795.61
- Insurance, driver aged 65: from S$1,528.04
The one-off cost, for reference: listed at S$596,999 on 2026-10-10, including COE as listed that day.
Before you buy: car insurance for the Audi SQ8
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Audi SQ8 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.