The BMW i4 is an electric four-door BMW sold in more than one power level. In Singapore, that choice shapes your road tax every year, not just the price you pay up front. This guide covers each cost and shows where the versions differ.
Insurance prices are examples for one stated driver, as of 1 November 2026. Treat them as a guide, not a quote.
Versions on sale and on the form
The new-car list read on 2026-10-10 shows two versions. The list calls the i4 a luxury car, made in Germany.
- i4 Gran Coupe Electric eDrive35 M Sport 66.4 kWh: 282bhp
- i4 M60 Gran Coupe Electric xDrive 80.5 kWh: 593bhp
The quote form lists six versions, from the eDrive35 to the xDrive. The insurance prices below are for the i4 eDrive40 80.7 kWh, the version most insurers quote. That version is not one of the two on the new-car list.
List prices
As listed on 2026-10-10, each including COE as listed that day:
- eDrive35 M Sport: S$373,888
- M60 xDrive: S$481,888
Prices change after each COE round. Ask for a current figure before you compare.
COE: the electric car rule
For electric cars, the COE category follows motor power. The price page sets out the rule:
- Category A for a motor of 110kW (147bhp) or less, which closed at S$132,004 in the October 2026 2nd round
- Category B for a more powerful motor, which closed at S$131,901 in the same round
Both listed versions have more power than the Category A limit. The COE page shows the latest results.
Two motors, two road tax bills
Electric cars pay road tax on motor power. LTA's formula gives, before any age surcharge:
- eDrive35, 282bhp (210kW): S$2,146.70 a year
- M60, 593bhp (442kW): S$6,400.78 a year
The M60 pays almost three times as much each year. Over several years, that gap could matter as much as the gap in list price.
A surcharge applies to cars over 10 years old:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page covers other motors.
Insurance for the standard driver
The BMW i4 price page prices one set of details:
- The car: i4 eDrive40 80.7 kWh, 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. The lowest premium is S$1,907.27 a year. The next, an estimate, is S$2,003.31. The dearest is S$4,392.82, which is S$2,485.55 more, or 130% on top. All prices include 9% GST.
The page lists 13 insurers with no online price. Two of those do not quote electric cars online at all. So 3 of 16 quote the i4.
Excesses
The two lower premiums each carry an excess of S$600. The dearest carries S$2,500. Here the highest premium also has the highest excess. That makes the two lower plans easier to compare on price alone.
What changes the premium
The page shows the lowest price when one detail changes:
- No NCD (0%): S$3,728.53, which is S$1,821.26 more
- 20% NCD: S$2,984.66, S$1,077.39 more
- Driver aged 27, 3 years' driving, 30% NCD: S$3,900.64, S$1,993.37 more
- Driver aged 65, 20 years' driving: S$2,084.25, S$176.98 more
- A new car, registered this year: S$1,964.65, S$57.38 more
- A car 8 years old: S$1,815.42, S$91.85 less, with 5 insurers
The young driver pays 105% more than the standard driver. Losing the NCD costs almost as much. An older driver pays a little more.
The 8-year-old car is interesting. Its lowest price drops, and 5 insurers quote it, two more than for a 3-year-old car.
Against other electric cars
The price page compares six electric cars, for the same driver and car age:
- 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
- Aion V: S$856.84
Their average lowest price is S$979.32. The i4 costs 95% more. All six are cheaper to insure, and most draw more insurers. Other BMW models are on the BMW car insurance page.
Costs that depend on how you live
- Charging: home charging if your building has it, or public chargers. Rates vary by place and time.
- Parking: season parking at home and work, plus short stays.
- ERP: depends on your routes and timing.
- Servicing and tyres: still needed on an electric car. Ask what the battery warranty covers and for how long.
- Depreciation: turns on what you pay and what the car fetches later.
Summary of yearly costs we can show
For the BMW i4:
- Road tax, eDrive35 M Sport: S$2,146.70 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Road tax, M60: S$6,400.78 a year
- Insurance, standard driver, eDrive40: from S$1,907.27 a year (as of 1 November 2026)
- Insurance, no NCD: from S$3,728.53
- Insurance, a car 8 years old: from S$1,815.42
The one-off costs, for reference: S$373,888 for the eDrive35 M Sport and S$481,888 for the M60, as listed on 2026-10-10 including COE.
Before you buy: car insurance for the BMW i4
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the BMW i4 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.