The Hyundai i40 has a two-litre engine, and in Singapore that puts it in the upper bands for both road tax and COE. If you own one or are pricing one on the used market, this page brings the measurable costs together.
The insurance figures are examples for one stated driver, read on 20 October 2026. They describe how insurers rate the i40 today. Your own price will reflect your details.
i40 versions on the form
The new-car list has no entry for the i40 on sale now, so this page gives no list price or power figure.
Our quote form lists two versions, both with a 1,999cc engine:
- i40 2.0
- i40 2.0 GDI
The figures below are for the i40 2.0, the version most of our insurers quote.
Road tax for a 1,999cc engine
Road tax climbs steeply with engine size above 1,600cc. For the i40's 1,999cc engine, LTA's formula gives S$1,210.92 a year, before any age surcharge.
On a bill of that size, the surcharge for older cars adds up fast:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
If you plan to renew the COE and keep an i40 past 10 years, those steps belong in your sums. The road tax page shows how the formula works.
Which COE it needs
The price page leaves no doubt here. With a 1,999cc engine, above 1,600cc, the i40 2.0 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, and its remaining years are built into the asking price. The COE page lists results for every round.
What insurers ask for the standard driver
The Hyundai i40 price page quotes all insurers for one set of details:
- Car: i40 2.0, 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
For that driver, 14 insurers price the car. The lowest premium is S$721.59. The insurer whose lowest plan is dearest asks at least S$1,834.63. That is S$1,113.04 more, or 154% on top. All prices include 9% GST.
The gap here runs to more than a thousand dollars a year. It comes from the same driver in the same car, which is why one quote is never enough. Two insurers on our panel have no online price for the i40 yet, so the field is 14, not the full panel.
Excess on i40 plans
Your excess is what you pay on a claim. Most i40 plans ask S$600, with others at S$500, S$750 or S$800. Some ask S$2,500 or S$3,000. One plan asks none, S$0.
A larger car can mean larger repair bills, so the excess carries weight. Compare it with the premium on every quote.
How the premium reacts to changes
The price page changes one thing at a time and shows the lowest price that results:
- No NCD (0%): S$1,029.15, S$307.56 more
- 20% NCD: S$1,029.15, S$307.56 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,029.15, S$307.56 more
- Driver aged 65, 20 or more years' driving: S$721.59, no change
- A new car, registered this year: S$742.90, S$21.31 more
- A car 8 years old: S$660.69, S$60.90 less
Going without NCD lifts the lowest price by 43%. The same figure applies at 20% NCD, and to a younger driver on 30%.
An older driver pays the same. An 8-year-old i40 is cheaper to insure at the lowest price than a 3-year-old one, and a new one a little dearer. These are lowest prices; other plans may shift by other amounts.
The i40 among two-litre rivals
For the same driver and car age, the price page compares six cars with similar engines:
- Lexus NX: S$972.39
- Lexus RX: S$972.39
- Mercedes-Benz E-Class: S$861.03
- BMW 5 Series: S$861.03
- Toyota Voxy: S$793.75
- Toyota Harrier: S$742.90
Their average lowest price is S$867.25. The i40's S$721.59 is 17% below it, and none of the six costs less to insure. More Hyundais are on the Hyundai car insurance page. The cheapest cars to insure page ranks models across makes.
Costs you set yourself
Some costs depend on you, not the car. They need a line in the budget all the same:
- Parking: season parking at your HDB block or condo, and paid parking elsewhere. Check your own block's rate.
- Petrol: depends on distance and the pump price.
- ERP: depends on your routes and their timing.
- Upkeep: tyres, brakes, the battery and other wear parts come due on a used car. Ask to see the service record.
- Depreciation: on a used car it rests on the price paid and the COE years left.
Summary of yearly costs we can show
For the Hyundai i40 2.0, with dates:
- Road tax: S$1,210.92 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$721.59 a year (20 October 2026)
- Insurance, no NCD: from S$1,029.15
- Insurance, a car 8 years old: from S$660.69
For reference, a Category B COE closed at S$130,100 in the October 2026 1st round.
Before you buy: car insurance for the Hyundai i40
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Hyundai i40 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.