The Hyundai i45 is no longer on the new-car list, so most people who look at one today are weighing up a used car or renewing cover on the one they have. Either way, the yearly bills matter more than the sticker price. This piece sets out those bills one at a time.
The insurance figures are examples for a single stated driver, read on 20 October 2026. They show how prices compare and move. They are not a quote for you.
Which i45 is priced
The quote form carries two versions of the i45:
- i45 2.0 GLS: 1,999cc
- i45 2.4 GLS: 2,359cc
The figures here are for the 2.0 GLS, the version most insurers quote. If you own or are looking at the 2.4, its road tax and insurance will differ, so check those separately.
There is no entry for the i45 on the current new-car list. That means no list price, power figure or body type can be given here.
The COE
The i45 2.0 GLS has a 1,999cc engine, which is above 1,600cc. On the price page, that puts it in Category B. In the October 2026 1st round, Category B closed at S$130,100.
For a used car, the COE already on it sets how many years it can stay on the road before it must be renewed or deregistered. Check the COE expiry date on any i45 you look at. Bidding results change every round; see the COE page for the latest.
Road tax
Road tax in Singapore follows engine size. For the 2.0 GLS, with its 1,999cc engine, LTA's formula comes to S$1,210.92 a year before any surcharge for age.
Since the i45 is an older model, the age surcharge is worth knowing. It applies once a car passes 10 years:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The 2.4 GLS has a bigger engine, so its base road tax is higher. The road tax page works it out for other engine sizes.
What the standard driver pays to insure it
The Hyundai i45 price page prices one fixed set of details:
- Car: i45 2.0 GLS, registered 3 years ago, private use, comprehensive cover
- Driver: 40, married, office job, driving 10 to 19 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no optional extras
On those details, 15 insurers give a price. The lowest premium is S$721.59. The insurer whose lowest plan costs most starts at S$1,803.42. That is S$1,081.83 more, or 150% on top of the lowest. Every figure includes 9% GST.
So two people with the same car and the same record could pay well over twice as much as each other. The only difference is where they bought.
Watch the excess
The excess is what you pay towards a claim before the insurer pays the rest. For the i45, most plans set it at S$600. A few ask S$500, and others ask S$750 or S$800. At the top end, some plans carry S$2,500 or S$3,000. One plan has no excess at all, but it also has the highest premium on the page.
A low premium with a high excess can cost you more in a year when you claim. Compare the two figures together.
What moves the price
The price page reruns the lowest price with one detail changed at a time:
- No NCD (0%): S$992.07, which is S$270.48 more
- 20% NCD: S$992.07, S$270.48 more
- Driver aged 27, 3 years' driving, 30% NCD: S$992.07, S$270.48 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
Losing your NCD is the largest jump here, 37% on the lowest price. A younger, newer driver lands on the same figure. An older driver with more years on the road pays the same as the standard driver.
Car age works the other way from what many expect. The 8-year-old car is cheaper to cover than the 3-year-old one at this lowest price. These are only the lowest prices, and other plans can move by different amounts.
How it compares with similar cars
The price page sets the i45 beside six cars, using the same driver and car age:
- 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
The average of their lowest prices is S$867.25. At S$721.59 the i45 is 17% below that, and none of the six is cheaper to insure. You can see other Hyundai models on the Hyundai car insurance page, and low-cost cars across makes on the cheapest cars to insure page.
The costs only you can price
Some costs depend so much on how and where you drive that no single figure fits.
- Parking: an HDB season parking charge or a condo lot, plus what you pay at work and at malls.
- Petrol: set by your mileage and the pump price on the day.
- ERP: driven by the routes you take and the hours you travel.
- Servicing and repairs: an older car will need tyres, brakes, a battery and other parts over time. Ask for the service history on any used car.
- Depreciation: what you lose depends on what you pay and how many COE years are left.
Summary of yearly costs we can show
For the i45 2.0 GLS, with dates as given:
- 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$992.07
- Insurance, an 8-year-old car: from S$660.69
And for a car bought with a fresh COE, the October 2026 1st round closed at S$130,100 for Category B.
Before you buy: car insurance for the Hyundai i45
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Hyundai i45 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.