This is a cost sheet for the Hyundai QX Venue 1.6. It is meant for anyone who owns one, or is looking at one on the used market, and wants to see the yearly bills laid out. The QX Venue has no entry on the current new-car list, so there is no list price here.
Every insurance figure is an example for one stated driver, read on 20 October 2026. Read them as a guide to the spread, not as your own price.
The version priced
The quote form carries the QX Venue 1.6, with a 1,598cc engine. That is the version most insurers quote and the one priced throughout. With no new-car list entry, its power and body type are not given here either.
COE
The price page states the COE rule for the 1.6. With a 1,598cc engine, it needs a Category A COE if its power is 97kW (130bhp) or less. If its power is more, it needs Category B.
In the October 2026 1st round, Category A closed at S$130,001 and Category B at S$130,100. For a used car, the COE on it decides how long it can stay registered. Results for each new round appear on the COE page.
Road tax
LTA's formula puts road tax for a 1,598cc engine at S$741.72 a year. That is before any surcharge for age. The surcharge starts after the tenth year and climbs in steps:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
You can check any other engine size on the road tax page.
Insurance for one standard driver
The Hyundai QX Venue price page uses these details:
- Car: QX Venue 1.6, 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 options added
For that case, 9 insurers give a price. The lowest is S$622.34. The insurer whose lowest plan is dearest asks at least S$1,609.68. That gap is S$987.34, or 159% on top. Prices include 9% GST.
Seven insurers have no online price for this model at all. The ones that do vary widely, so the choice of insurer moves the bill more than most other things you control.
What the excess looks like
Most plans for the QX Venue set the excess at S$600, and two at S$500. The dearest plan on the page has no excess. That is the trade-off to weigh: a higher premium each year against paying less when you claim. Ask each insurer, too, whether a different excess applies to young drivers, to drivers not named on the policy, or to windscreen claims.
The price when your details differ
Here is the lowest price as the price page changes one thing at a time:
- No NCD (0%): S$1,403.77, S$781.43 more
- 20% NCD: S$1,048.14, S$425.80 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,170.50, S$548.16 more
- Driver aged 65, 20 or more years' driving: S$622.34, unchanged
- A new car, registered this year: S$642.42, S$20.08 more
- A car 8 years old: S$569.36, S$52.98 less
The figure to note is the first. With no NCD, the lowest price is 126% higher than for the standard driver. NCD builds up with each claim-free year, and one claim can cut it. That is worth knowing before you decide whether to claim for a small repair.
A younger driver also pays a good deal more. By contrast, the age of the car moves the lowest price by only a small amount either way. These are lowest prices; each plan may react differently.
Similar cars at the same settings
The price page compares six cars for the same driver and a 3-year-old car:
- Mazda 3: S$927.36
- BMW X1: S$811.71
- Mercedes-Benz C-Class: S$749.93
- Toyota Corolla Altis: S$642.42
- Honda Freed: S$642.42
- Toyota Sienta: S$604.07
The six average S$729.65 at their lowest price. The QX Venue comes in 15% below that. Just one of the six, the Toyota Sienta, is cheaper to insure. Other Hyundai models are on the Hyundai car insurance page, and the cheapest cars to insure page looks across makes.
Costs no table can give
These turn on how you live and drive, so no figure applies:
- Parking: season parking at your HDB block or condo, plus parking at work, in town and at malls.
- Petrol: how far you go and what the pump charges.
- ERP: which gantries you pass and when.
- Servicing and repairs: scheduled servicing, then tyres, brakes, a battery and other parts with age. On a used car, ask what has been replaced.
- Depreciation: the price you pay, the COE years left and what the car fetches when you sell.
Summary of yearly costs we can show
For the QX Venue 1.6, as dated:
- Road tax: S$741.72 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$622.34 a year (20 October 2026)
- Insurance, no NCD: from S$1,403.77
- Insurance, driver aged 27 with 30% NCD: from S$1,170.50
- Insurance, a car 8 years old: from S$569.36
A fresh COE in the October 2026 1st round cost S$130,001 in Category A or S$130,100 in Category B.
Before you buy: car insurance for the Hyundai QX Venue
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Hyundai QX Venue 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.