The Jeep Cherokee is a mid-size SUV that is not on the new-car list today. If you own one or are weighing a used one, the bills that come every year are the ones to plan for. This guide covers the COE rule, road tax and insurance, with each figure dated.
The insurance prices are examples for one stated driver, as of 1 November 2026. They show the spread across insurers. Your own price will depend on your details.
The car being priced
The new-car list has no current entry for the Cherokee. That means no list price, power figure or body type in this review. The price page quotes the Jeep Cherokee 2.5, with a 2,497cc engine. That is the version most of our insurers price.
If you buy used, the price is set between you and the seller. Check the COE expiry date and the first registration date before you agree.
COE category
The price page says that with a 2,497cc engine, above 1,600cc, the Cherokee 2.5 needs a Category B COE. Category B closed at S$131,901 in the October 2026 2nd round.
The engine size decides this on its own; power does not come into it. Results change every round. The COE page has the latest.
Road tax for 2,497cc
LTA's formula gives S$1,795.08 a year for a 2,497cc engine, before any age surcharge.
A surcharge applies once the car is over 10 years old:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
On this engine, road tax is higher than the lowest insurance price for the standard driver. The surcharge adds to that on an older car. The road tax page works out the full sum.
Insurance for the standard driver
The Jeep Cherokee price page prices this profile:
- Car: Cherokee 2.5, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years' driving
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no add-ons
5 insurers price it. The lowest is S$1,036.31 a year. The dearest of the five asks at least S$1,367.96. That gap is S$331.65, or 32% on top. Prices include 9% GST.
Fourteen insurers on our panel have no online price for the Cherokee. So the field is fairly small, and some figures are estimates. Estimates come from the insurer's published price tables rather than a live quote. A full quote on your own details may come out a little different. Still, the page gives a fair sense of where each insurer sits for a car like this.
Watch the excess
The two lowest premiums carry the two highest excesses: S$2,500 and S$1,200. The third-lowest asks only S$500. The rest carry S$600. So the plan at the top of the list is not the one that asks least of you at claim time. Weigh the premium and the excess together.
How the price moves
The page shows the lowest price when one detail changes:
- No NCD (0%): S$1,947.95, S$911.64 more
- 20% NCD: S$1,568.46, S$532.15 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,108.96, S$1,072.65 more
- Driver aged 65, 20 years' driving: S$1,206.26, S$169.95 more, with 4 insurers pricing
- New car, registered this year: S$1,016.29, S$20.02 less
- Car 8 years old: S$964.87, S$71.44 less
The young driver profile costs most: the lowest price rises by 104%. Losing NCD comes close behind. An older car is a little cheaper to insure on these figures. The same insurer leads on every line of the table, so its place at the bottom holds for each of these drivers.
Older cars and older drivers
Since the Cherokee is not sold new, the 8-year-old line may be closer to what many owners see. The 65-year-old driver pays a little more than the standard driver, and one fewer insurer prices that profile. If an older family member is the main driver, ask for quotes in that person's name.
Against similar cars
The price page sets the Cherokee beside six cars with similar engines, same driver and car age:
- Toyota Camry: S$872.39
- Toyota Alphard: S$832.53
- Toyota Vellfire: S$763.00
- Honda Odyssey: S$763.00
- Mitsubishi Outlander: S$783.81
- Alfa Romeo 159: S$1,028.09
Their average lowest price is S$840.47. The Cherokee costs 23% more, and all 6 are cheaper to insure on these details. Most of those cars have 15 or 16 insurers pricing them, against 5 here. Other Jeep models are on the Jeep car insurance page.
Costs you set yourself
- Petrol: a 2.5-litre engine; your bill follows how far you drive and pump prices.
- Parking: season parking at your HDB block or condo, and elsewhere.
- ERP: depends on your routes and the time of day.
- Upkeep: an older SUV may need tyres, brakes or a battery. Ask for the service record.
- Depreciation: turns on what you pay and the COE life left.
Summary of yearly costs we can show
For the Jeep Cherokee 2.5:
- Road tax: S$1,795.08 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$1,036.31 a year (1 November 2026)
- Insurance, a car 8 years old: from S$964.87
- Insurance, no NCD: from S$1,947.95
Category B COE in the October 2026 2nd round: S$131,901.
Before you buy: car insurance for the Jeep Cherokee
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Jeep Cherokee 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.