Verdict first, on cost alone: the Honda Vezel's insurance price holds steady across drivers and car ages more than most cars on our site. It does not start the lowest among its comparison group, though. Road tax is set by its 1,496cc engine. The sections below give the dated figures behind that.
Insurance figures are examples for one stated driver, read on 20 October 2026. They are not your quote.
What is on sale
The new-car list read on 2026-10-10 shows three Vezel versions, all SUVs made in Japan with a 1,496cc engine. Prices are as listed on 2026-10-10, including COE that day:
- Vezel 1.5 G Honda Sensing: petrol, 117bhp, S$189,700
- Vezel 1.5 G Honda Sensing 4WD: petrol, 117bhp, S$204,000
- Vezel Hybrid 1.5 X Honda Sensing e:HEV: petrol-electric, 105bhp, S$228,500
List prices move with COE. Get a dated quote from the dealer and check what it includes.
The quote form has two versions, the VEZEL 1.5G CVT and the Vezel 1.5X, both 1,496cc. The insurance prices below are for the 1.5G CVT.
The fixed costs: COE and road tax
COE. With a 1,496cc engine, the Vezel 1.5G CVT needs a Category A COE if its power is 97kW (130bhp) or less. It needs a Category B COE if its power is more. The October 2026 1st round closed at S$130,001 for Category A and S$130,100 for Category B. The COE page shows newer rounds.
Road tax. LTA's formula gives S$681.90 a year for the 1,496cc engine, before any age surcharge. All three current versions share that engine size. The road tax page explains the formula.
The age surcharge starts once the car is more than 10 years old:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Insurance for the family's main driver
The Honda Vezel price page prices one standard profile:
- Car: VEZEL 1.5G CVT, 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 options
14 insurers price it, and two on our panel have no online price yet. The lowest premium is S$824.33. The insurer whose lowest plan is dearest asks at least S$1,352.24. That is S$527.91 more, or 64% on top. All prices include 9% GST.
Near the bottom of the list, several prices sit close together. The lowest is for a plan described as collision only. The next few are within a short distance of it. So small differences in cover may matter more than the premium.
Excesses run from S$0 to S$3,000, with most at S$600.
Who pays more, who pays less
The price page changes one detail at a time:
- A young driver, aged 27 with 3 years' driving and 30% NCD: S$953.92, S$129.59 more
- A driver with no NCD (0%): S$953.92, S$129.59 more
- A driver with 20% NCD: S$953.92, S$129.59 more
- An older driver, aged 65 with 20 or more years' driving: S$831.63, S$7.30 more, 13 insurers pricing
- A new car, registered this year: S$816.06, S$8.27 less, 13 insurers pricing
- A car 8 years old: S$805.75, S$18.58 less
Young drivers and those without an NCD pay more, but only 16% more at the lowest price. That rise is small next to many cars, where losing the NCD can add half again or more.
Older drivers pay almost the same as the standard driver.
The car's age makes little difference. New, 3 years and 8 years old all sit within a few dollars of each other at the lowest price.
These are lowest prices only. Dearer plans may move by different amounts.
Who it suits on cost
- A household with a young or newer driver: the jump in the lowest price is modest.
- Someone rebuilding an NCD: the gap between no NCD and full NCD is smaller than for many cars.
- A buyer of a used car: an older Vezel costs about the same to insure as a newer one.
Who may pay more
- Anyone comparing on the lowest starting premium: 5 of the six similar cars on its price page cost less to insure for the standard driver.
- Anyone choosing the hybrid: it has the highest list price of the three versions.
Against similar cars
For the same driver and car age, the price page compares six cars:
- Mazda 3: S$927.36
- BMW X1: S$811.71
- Mercedes-Benz GLB: S$787.96
- Hyundai Kona: S$721.59
- Toyota Corolla Altis: S$642.42
- Toyota Sienta: S$604.07
Their average lowest price is S$749.19. The Vezel costs 10% more than that, and only the Mazda 3 is dearer to insure. Other Honda models, such as the Freed and HR-V, are on the Honda car insurance page.
Questions to ask yourself
- Who will be the main driver? Here it changes the price less than usual, but it still changes it.
- Petrol or hybrid? The list price differs by version, so compare like with like.
- Two-wheel or four-wheel drive? The 4WD version has a higher list price.
- What excess can you carry? Most plans ask S$600, but some ask far more.
- Where will you park? Check your HDB block's or condo's season parking rate.
Servicing, ERP and depreciation also depend on how you use and keep the car. Ask what the warranty covers before you buy.
Summary of yearly costs we can show
For the Vezel 1.5G CVT (1,496cc), dated as shown:
- Road tax: S$681.90 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$824.33 a year (20 October 2026)
- Insurance, young driver or no NCD: from S$953.92
- Insurance, a car 8 years old: from S$805.75
For reference, the one-off costs: list prices from S$189,700 as listed on 2026-10-10, and a COE in the October 2026 1st round of S$130,001 (Category A) or S$130,100 (Category B).
Before you buy: car insurance for the Honda Vezel
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Honda Vezel 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.