The Lexus LC 500 is a large V8 grand tourer, and its running costs match that engine. This guide is for anyone in Singapore who owns one, is weighing a used one, or simply wants to know what it costs to keep. It covers the COE, road tax and car insurance, one item at a time.
The insurance prices here are examples for one stated driver, as of 1 November 2026. They show where the market sits for this car. Your own quote depends on your age, record and the car you buy.
The versions on our quote form
The new-car list has no entry for the LC 500 on sale now. So this guide gives no list price, power figure or body type. What it can show is the versions people insure, taken from the quote form on the price page.
The form lists two versions, both with the same 4,969cc V8:
- LC 500 5.0 V8
- LC 500 5.0 V8 Structural Blue Edition
The insurance prices below are for the LC 500 5.0 V8, the version most insurers quote. If you are looking at a used car, check which of the two it is before you ask for a quote.
COE: Category B
Every car on Singapore roads needs a Certificate of Entitlement. The price page puts the LC 500 in Category B, because its 4,969cc engine is above 1,600cc. In the October 2026 2nd round, Category B closed at S$131,901.
That figure matters most if you buy new or renew a COE. COE premiums move every round. The COE page shows the latest results.
Road tax on a 4,969cc engine
Road tax in Singapore follows engine size, and the LC 500's V8 sits near the top of the scale. LTA's formula gives S$5,464.62 a year for the 4,969cc engine, before any age surcharge.
An older car pays more. The surcharge starts 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%
If you plan to keep a car past its first COE, those steps add up each year. The road tax page works out the figure for other engine sizes.
Insuring the LC 500: the standard driver
The Lexus LC 500 price page prices one fixed set of details:
- The car: LC 500 5.0 V8, registered 3 years ago, private use, comprehensive cover
- The driver: aged 40, married, office job, driving 10 years
- The record: 50% no-claim discount (NCD), no claims
- Repairs: at an authorised workshop, no options added
On those details, only 1 insurer prices the car online. Its premium is S$3,421.35 a year, including 9% GST. That price was read from the insurer's published table on 20 October 2026.
The excess on that plan is S$2,500. The excess is the part of each claim you pay yourself. On a car like this, a larger excess is common, but it is worth knowing before you claim.
Why so few online prices
Most insurers on the panel have no online price for this model yet. One does not quote engines over 4,500cc online. Another quotes only electric cars online. So with a single price to look at, there is no spread to compare. A broker can ask insurers who do not price the car online for a quote.
How the premium moves
The price page shows the lowest price when one thing changes and everything else stays the same. Here are those figures:
- No NCD (0%): S$6,431.13, which is S$3,009.78 more
- 20% NCD: S$5,190.81, S$1,769.46 more
- Driver aged 27, 3 years' driving, 30% NCD: S$6,861.20, S$3,439.85 more
- Driver aged 65, 20 years' driving, 50% NCD: S$3,849.18, S$427.83 more
- A new car, registered this year: S$3,464.52, S$43.17 more
- A car 8 years old: S$2,949.87, S$471.48 less
The young driver case costs most. The lowest price rises by 101%, more than double the standard figure. Losing your NCD comes close behind. An older car is the only change that brings the price down.
These figures all come from the same single insurer. With more insurers pricing, the gaps could look different.
Next to similar cars
The price page sets the LC 500 beside five similar cars, for the same driver and car age. Each has a large engine:
- BMW M5 Sedan: S$3,485.71
- BMW M5 Touring: S$3,485.71
- Lexus LC 500 Convertible: S$3,421.35
- BMW X7 M60i: S$1,786.26
- Land Rover Defender 130: S$1,257.77
Their average lowest price is S$2,687.36. The LC 500 costs 27% more than that average. Two of the five are cheaper to insure. The two BMW M5 bodies cost a little more, and the convertible LC prices the same as the coupe.
Other models from the brand are on the Lexus car insurance page. If insurance cost is a key test for you, the cheapest cars to insure list shows the other end of the scale.
Running costs that depend on you
Some costs turn on how and where you drive, so no single figure fits:
- Parking: season parking where you live, plus parking at work and in town.
- Petrol: a large V8 uses fuel in line with how far you drive and pump prices.
- ERP: depends on your routes and times.
- Servicing and parts: a performance car can need costly tyres and brakes. Ask what each service includes.
- Depreciation: what the car loses over its COE life depends on what you pay and what it fetches later.
Summary of yearly costs we can show
For the Lexus LC 500 5.0 V8, with dates:
- Road tax: S$5,464.62 a year before any age surcharge (LTA's formula, checked 19 October 2026)
- Insurance, standard driver: S$3,421.35 a year, with a S$2,500 excess (as of 1 November 2026)
- Insurance, no NCD: from S$6,431.13
- Insurance, a car 8 years old: from S$2,949.87
The one-off cost for reference: Category B closed at S$131,901 in the October 2026 2nd round.
Before you buy: car insurance for the Lexus LC 500
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Lexus LC 500 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.