The Odyssey is an MPV, and many buyers here look at it for a large family. It comes in two quite different forms for cost purposes. New ones on the list are 2.0 hybrids, while the version most insurers quote is the older 2.4 petrol. This guide keeps the two apart, so each figure applies to the right car.
The insurance prices are examples for one stated driver, read on 20 October 2026. Your own quote will depend on your details. Use the figures to see the shape of the costs, not as a quote.
New on the list
The new-car list read on 2026-10-10 shows the Odyssey as an MPV made in Japan. Three versions are listed, all petrol-electric hybrids with a 1,993cc engine and 325bhp:
- Odyssey Hybrid 2.0 Absolute 7-Seater e:HEV
- Odyssey Hybrid 2.0 Absolute EX 7-Seater e:HEV
- Odyssey Hybrid 2.0 Absolute EX 7-Seater e:HEV Black Edition
On our quote form
Our quote form lists five Odyssey entries. They include a 2.0 (1,993cc), a 2.3 (2,254cc) and three with a 2,354cc engine. The insurance figures, COE category and road tax below are all for the Odyssey with the 2,354cc engine. That is the version most insurers on our panel quote, so it suits anyone looking at a used one.
List prices for the hybrid
As listed on 2026-10-10, COE included:
- Absolute 7-Seater: S$237,500
- Absolute EX 7-Seater: S$241,300
- Absolute EX 7-Seater Black Edition: S$245,900
These move with every COE round. Compare offers on what they include, not only the total.
COE for the 2.4
The price page states it for the 2,354cc Odyssey. With an engine above 1,600cc, it needs a Category B COE. In the October 2026 1st round, Category B closed at S$130,100.
On a used car, the COE is already paid; the years left on it decide how long the car can stay on the road. The COE page has the latest results.
Road tax for the 2.4
For a 2,354cc engine, LTA's formula gives S$1,627.34 a year, before any age surcharge. The new 2.0 hybrids have a smaller engine, so their road tax differs; the road tax page has the figure for other sizes.
An older Odyssey may well be near or past the 10-year mark. The surcharge then applies:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Insurance for a typical family driver
The Honda Odyssey price page prices this case:
- Car: Odyssey, 2,354cc, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 to 19 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no add-ons
15 insurers price it. The lowest premium is S$811.71 a year. The insurer whose lowest plan is dearest asks at least S$1,517.32, S$705.61 more, or 87% on top. All prices include 9% GST. Just one insurer on our panel has no online price for the Odyssey yet.
The excess
Plans here carry excesses from S$0 to S$3,000. S$600 is the most common. The lowest-priced plan allows any workshop or an authorised one. Weigh the excess with the premium, since you pay it on each claim.
What shifts the price
The price page shows the lowest price when one thing changes:
- No NCD (0%): S$1,012.56, S$200.85 more
- 20% NCD: S$1,012.56, S$200.85 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,012.56, S$200.85 more
- Driver aged 65, 20 or more years' driving: S$811.71, the same
- New car, registered this year: S$836.07, S$24.36 more
- Car 8 years old: S$742.90, S$68.81 less
The NCD makes the largest difference, at 25% more without it. For a family where a grown child also drives, the young driver line is worth noting: it lands at the same higher figure. An older driver pays the same as the example. These are lowest prices only, and dearer plans may move by other sums.
Next to similar cars
For the same driver and car age, the price page lists:
- Audi RS 3 Sedan: S$1,310.08, from 3 insurers
- Audi RS 3 Sportback: S$1,310.08, from 4 insurers
- Mitsubishi Outlander: S$861.03
- Toyota Camry: S$841.31
- Toyota Alphard: S$764.82
- Toyota Vellfire: S$764.82
Their average lowest price is S$975.36. The Odyssey is 17% below that. Two of the six, the Alphard and the Vellfire, cost less to insure. Other Honda models are on the Honda car insurance page.
Owner-set costs
These have no one figure, since they depend on how the car is used:
- Parking: season parking at your HDB block or condo, plus school runs, work and malls. Check your own rates.
- Petrol: rises with your distance and the pump price. The new hybrids are petrol-electric.
- ERP: set by your routes and the times you travel.
- Servicing: the maker's schedule, plus tyres, brakes and a battery over time. An older car may need more.
- Depreciation: depends on what you pay and how much COE life is left.
Summary of yearly costs we can show
For the Odyssey with the 2,354cc engine, dated as shown:
- Road tax: S$1,627.34 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$811.71 a year (20 October 2026)
- Insurance, no NCD: from S$1,012.56
- Insurance, car 8 years old: from S$742.90
For reference: the new hybrid was listed from S$237,500 on 2026-10-10, and a Category B COE closed at S$130,100 in the October 2026 1st round.
Before you buy: car insurance for the Honda Odyssey
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Honda Odyssey 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.