The BMW M240i Coupe pairs a two-door body with a 3.0 petrol engine. In Singapore, that engine size shapes two of your yearly bills: road tax and insurance. This guide puts figures on what we can.
Every insurance figure here is an example for one stated driver, as of 1 November 2026. It is not your quote.
What is on sale
The new-car list on 2026-10-10 shows one version: the M240i Coupe 3.0 xDrive. It is a petrol car with a 2,998cc engine and 369bhp. The list gives Sports as the body type, and the car is made in Mexico.
The quote form prices the same 3.0 xDrive, which is the version most insurers quote.
List price as listed
As listed on 2026-10-10, the M240i Coupe 3.0 xDrive was S$400,888, COE included. Expect this to move after COE rounds. Check what each offer includes so you can compare two of them fairly.
The COE it needs
The price page sets out the category. With a 2,998cc engine, above 1,600cc, the M240i Coupe needs a Category B COE. In the October 2026, 2nd round, Category B closed at S$131,901.
Results come twice a month. The COE page keeps the newest ones.
Road tax for 2,998cc
Road tax climbs with engine size. For 2,998cc, LTA's formula gives S$2,382.76 a year, before any age surcharge. LTA's formula charges more for each extra cc above set bands, so a larger engine costs noticeably more each year. It is worth noting if you are choosing between engine sizes.
After the 10th year, the surcharge applies:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
See the road tax page for other engines.
Two insurers, two prices
The BMW M240i Coupe price page prices this profile:
- Car: M240i Coupe 3.0 xDrive, registered 3 years ago, private use, comprehensive
- Driver: aged 40, married, office job, 10 years' driving
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
Only 2 insurers price it. The lower premium is S$1,907.27 a year. The other is S$3,556.74, which is S$1,649.47 more, or 86% on top. The higher figure is marked as an estimate. Both include 9% GST.
Seventeen insurers have no online price for this model. That is a thin field. With only two prices, a quote on your own details matters more than usual. It is also worth checking the price page again before renewal, in case more insurers add the car.
The excess on each
The lower premium carries a S$600 excess. The higher one carries S$2,000. So here the lower premium also asks less of you if you claim. That is not always the case, so it is still worth reading both numbers.
How the lowest price changes
The page shows the lowest price when one detail is different:
- No NCD (0%): S$3,728.53, 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
- New car, registered this year: S$1,964.65, S$57.38 more
- Car 8 years old: S$1,815.42, S$91.85 less
The younger driver with less NCD is the costliest case. That lowest price is 105% above the standard one. Losing all NCD comes close.
An older driver pays a little more. A new car costs slightly more and an 8-year-old car slightly less. In every case, 2 insurers price the car.
Only the lowest price appears for each line. The other plan may move by a different sum. Because the higher price is an estimate, its moves may also differ once a full quote is run. If your own details differ from these cases, your quote is the figure to trust.
Similar engines, similar drivers
The price page sets the M240i Coupe beside six cars with engines of about 3.0 litres:
- Alfa Romeo 166: S$2,897.48
- Audi Roadjet Concept: S$1,524.39
- Audi Q8: S$1,323.18
- Audi S4 Saloon: S$1,209.34
- Audi A8: S$1,092.69
- Audi Q7: S$1,002.60
Their average lowest price is S$1,508.28. The M240i Coupe costs 26% more than that, and 5 of the 6 are cheaper to insure. Only the Alfa Romeo 166 costs more, and only 2 insurers price that one. The rest of the range is on the BMW car insurance page.
What only you can estimate
These depend on your own habits:
- Petrol: your mileage and the price at the pump.
- Parking: season parking at home and at work, and where you stop in between.
- ERP: which roads you use and at what hours.
- Servicing and wear: the maker's schedule, tyres and brakes. Read the warranty terms.
- Depreciation: what you pay against what the car is worth when you sell.
Summary of yearly costs we can show
For the BMW M240i Coupe 3.0 xDrive:
- Road tax: S$2,382.76 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$1,907.27 a year (as of 1 November 2026)
- Insurance, no NCD: from S$3,728.53
- Insurance, driver aged 27 with 30% NCD: from S$3,900.64
- Insurance, car 8 years old: from S$1,815.42
For reference, one-off: S$400,888 as listed on 2026-10-10. Category B COE closed at S$131,901 in the October 2026, 2nd round.
Before you buy: car insurance for the BMW M240i Coupe
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the BMW M240i Coupe 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.