The Fiat Panda is a small Fiat that is no longer on sale new in Singapore. A few are still driven daily. If yours is one of them, or you are pricing up a used one, this page covers the costs that recur each year.
That is road tax and car insurance, plus the COE rule. The insurance prices are examples for one stated driver, as of 1 November 2026.
Two versions on the form
There is no Panda on the new-car list now. So there is no list price, power figure or body type to give.
The quote form shows two versions:
- Panda 1.2, 1,242cc
- Panda 1.3, 1,248cc
The prices below are for the Panda 1.2, which most of our insurers quote.
Which COE
The price page says the 1,242cc Panda 1.2 needs:
- a Category A COE if its power is 97kW (130bhp) or less. Category A closed at S$132,004 in the October 2026, 2nd round.
- a Category B COE if its power is more. Category B closed at S$131,901 in that round.
With an older car, what counts is the COE already on it. The COE page has the latest round.
Road tax on a 1.2
For 1,242cc, LTA's formula comes to S$532.94 a year, checked on 2026-10-19, before any age surcharge. That is among the lower road tax bills, thanks to the small engine.
The surcharge steps for older cars:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page has other engine sizes.
Car insurance: nine insurers
The Fiat Panda price page prices:
- Car: Panda 1.2, registered 3 years ago, private use, comprehensive cover
- Driver: 40, married, office job, 10 years' driving
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
9 insurers give a price across 13 plans. The lowest is S$637.52 a year. The insurer whose lowest plan costs most asks at least S$2,437.67. That gap is S$1,800.15, or 282% on top. All prices include 9% GST.
On the same car and the same driver, one insurer's lowest price is nearly four times another's. That is the main lesson of this page: the figure you get depends heavily on where you ask.
Three insurers have no online price. One does not offer the cover online. One prices only a single standard driver, so it shows no price for your details here. One does not list the model.
Excess across the range
The excess is the part of a claim you pay:
- S$637.52: S$1,200 excess
- S$844.28: S$600 excess
- S$906.47: S$2,500 excess
- S$983.85: S$500 excess
- Most plans up to S$1,362.96: S$600 excess
- Three plans from S$2,437.67 to S$3,630.91: S$300 excess
The three dearest plans carry the smallest excess. The extra premium is far larger than the excess you would save on one claim. Several prices are marked as estimates.
How the price changes
The price page shows the lowest price with one detail changed:
- Driver aged 27, 3 years' driving, 30% NCD: S$1,601.76, S$964.24 more
- No NCD (0%): S$1,466.30, S$828.78 more
- 20% NCD: S$1,071.04, S$433.52 more
- Driver aged 65, 20 years' driving: S$1,048.84, S$411.32 more, from 7 insurers
- A new car, registered this year: S$678.21, S$40.69 more
- A car 8 years old: S$623.95, S$13.57 less
A young driver lifts the lowest price 151%. An older driver pays more as well, with fewer insurers pricing that case and a different one at the top. An older car, closer to the age of most Pandas on the road, prices a touch lower.
The NCD lines show how much the discount is worth. At 20% NCD the lowest price is S$433.52 above the example. With no NCD, it is S$828.78 above. A small claim can end up costing more in lost discount than the repair itself.
These are lowest prices only.
Similar cars by engine size
The price page compares 6 cars of similar engine size, same driver and car age:
- Mercedes-Benz GLB: S$822.26
- Mercedes-Benz GLA: S$822.26
- Mercedes-Benz A-Class: S$755.55
- Honda Jazz / Fit: S$741.66
- Nissan Qashqai: S$697.28
- Toyota C-HR: S$689.29
They average S$754.72. The Panda is 16% below that, and none of the 6 is cheaper to insure on these details. The Honda Jazz / Fit is the closest in size and purpose.
More are on the cheapest cars to insure page. Other Fiat models are on the Fiat car insurance page.
Costs that come down to you
- Petrol: depends on how much you drive and pump prices.
- Parking: season parking at home, plus work and weekends.
- ERP: depends on your routes.
- Parts and repairs: for a model no longer sold new, ask how quickly parts can be found.
- End of COE: on an older car, whether to renew or deregister is a big cost choice.
Summary of yearly costs we can show
Fiat Panda 1.2:
- Road tax: S$532.94 a year before age surcharge (checked 2026-10-19)
- Insurance, example driver: from S$637.52 a year (as of 1 November 2026)
- Insurance, a car 8 years old: from S$623.95
- Insurance, driver aged 65: from S$1,048.84
- Insurance, driver aged 27: from S$1,601.76
COE for reference: Category A closed at S$132,004 and Category B at S$131,901 in the October 2026, 2nd round.
Before you buy: car insurance for the Fiat Panda
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Fiat Panda 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.