The Lexus UX 300e was the brand's smaller electric crossover. It no longer appears on the new-car list, so most people meeting one now are buying used or renewing cover. This guide covers what it costs to keep one in Singapore.
The insurance prices are examples for one stated driver, as of 1 November 2026. They show how offers compare, not what you will pay.
What the facts cover for this car
The new-car list has no entry for the UX 300e on sale now. So this guide gives no list price, power figure or body type from it.
The price page's quote form prices the UX 300e Luxury 54.3 kWh, the version most insurers quote. Every insurance figure below is for that version. If the car you are looking at has a different trim, mention it when you ask for a quote.
COE: it depends on the motor
Electric cars are sorted into COE categories by motor power. The price page gives the rule for the UX 300e:
- Category A if the motor is 110kW (147bhp) or less. It closed at S$132,004 in the October 2026 2nd round.
- Category B if the motor is more powerful. It closed at S$131,901 in that round.
On a used car, the COE is already paid, and its remaining life is part of the asking price. It matters again when the COE runs out. The COE page carries the latest results.
Road tax for an electric car
Road tax on electric cars follows motor power. The list gives no motor power for this car, so there is no road tax figure here. The road tax page works it out once you know the power, which is shown on the car's registration details.
Whatever the base figure, a surcharge applies once the car passes 10 years:
- 10 years and over: +10%
- 11 years and over: +20%
- 12 years and over: +30%
- 13 years and over: +40%
- 14 years and over: +50%
Insurance on the standard details
The Lexus UX 300e price page uses one set of details:
- Car: UX 300e Luxury 54.3 kWh, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no options
6 insurers price it online, across nine plans. The lowest premium is S$1,179.50 a year, for a collision-only plan marked as an estimate. The insurer whose lowest plan costs most asks at least S$1,908.66. That is S$729.16 more, or 62% on top. The highest plan on the page is S$3,071.23. Prices include 9% GST.
Two plans priced at S$1,720.49 are identical, both marked as estimates. Many of the figures on the page carry that label, which is worth keeping in mind.
The excess side
Excesses on these plans run from S$300 to S$1,000. The two lowest premiums come with S$1,000. The three plans at the top carry S$300. So a lower premium here tends to mean a larger amount out of pocket on a claim.
Four more insurers have no online price. Two of them do not price electric cars online, and one prices only repairs at any workshop.
What moves the price
The price page gives the lowest price after one change:
- No NCD (0%): S$2,483.15, S$1,303.65 more
- 20% NCD: S$1,986.51, S$807.01 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,408.68, S$1,229.18 more
- Driver aged 65, 20 years' driving, 50% NCD: S$1,468.61, S$289.11 more
- A new car, registered this year: S$1,474.11, S$294.61 more, with 5 insurers pricing
- A car 8 years old: S$1,184.46, S$4.96 more
Losing the NCD costs most here, lifting the lowest price by 111%. The young driver case comes close behind. For a used buyer, the useful point is the last line: an 8-year-old car prices almost the same as a 3-year-old one.
Among electric rivals
For the same driver and car age, the price page sets out six electric cars:
- BMW iX1: S$1,907.27
- BYD Sealion 7: S$1,390.72
- Tesla Model Y: S$939.71
- BYD Atto 3: S$913.63
- Tesla Model 3: S$913.62
- BYD M6: S$861.41
They average S$1,154.39. The UX 300e sits 2% above that. Four of the six cost less to insure, and two cost more. The Lexus car insurance page covers the brand's other models, and the cheapest cars to insure list shows the low end of the market.
Costs that turn on your habits
- Charging: at home if your building allows it, or at public chargers, whose rates vary.
- Parking: season parking where you live and work.
- ERP: depends on your routes and hours.
- Battery and upkeep: on an older electric car, ask what battery warranty remains. Tyres and brakes still wear.
- Depreciation: tied to what you pay and how much COE life is left.
Summary of yearly costs we can show
For the Lexus UX 300e Luxury 54.3 kWh:
- Road tax: no figure without the motor power; see the road tax page, with up to +50% for age
- Insurance, standard driver: from S$1,179.50 a year (1 November 2026)
- Insurance, no NCD: from S$2,483.15
- Insurance, a car 8 years old: from S$1,184.46
For reference, in the October 2026 2nd round Category A closed at S$132,004 and Category B at S$131,901.
Before you buy: car insurance for the Lexus UX 300e
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Lexus UX 300e 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.