The Mazda 626 is a mid-size saloon from an earlier era of the brand. It is no longer sold new, so this guide is for owners and anyone weighing a used one. It sets out the yearly costs: COE, road tax and car insurance.
All insurance figures are examples for one stated driver, as of 1 November 2026. They show the range on offer, not what you will pay.
The 626 that is priced
The new-car list has no entry for the 626 on sale now. That means this guide gives no list price, power figure or body type.
The price page prices the Mazda 626 2.0, with a 1,970cc engine. It is the version most insurers quote, and every price below is for it.
Category B COE
The price page puts the 626 2.0 in Category B, because its 1,970cc engine is above 1,600cc. Category B closed at S$131,901 in the October 2026 2nd round.
For an older car, the useful question is how much COE remains and whether it was renewed. A renewal at today's rates is a large cost against the car's value. The COE page shows the latest results.
Road tax
LTA's formula gives S$1,176.92 a year for the 1,970cc engine, before any age surcharge.
Once a car is more than 10 years old, the surcharge rises each year:
- 10 years and up: +10%
- 11 years and up: +20%
- 12 years and up: +30%
- 13 years and up: +40%
- 14 years and up: +50%
For a car of this vintage, the surcharge is likely to apply. The road tax page works out the full sum.
Insuring a Mazda 626
The Mazda 626 price page uses these standard details:
- Car: Mazda 626 2.0, 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, with eight plans in all. The lowest premium is S$878.62 a year, and the next is S$898.35. The insurer whose lowest plan costs most asks at least S$1,543.01. That is S$664.39 more, or 76% on top. All prices include 9% GST.
After the two lowest plans, there is a jump to S$1,304.58, an estimate. So the bottom of the field is narrow.
What the excess adds
The excess runs from S$600 to S$3,000 on this page. The lowest premium carries S$1,200. The second lowest carries S$600. The plan with S$3,000 is also one of the dearer ones. So look at the excess and premium side by side.
One more insurer does not list the 626 on its online quote.
How the lowest price moves
The price page shows the lowest price after one change:
- No NCD (0%): S$1,756.19, S$877.57 more
- 20% NCD: S$1,405.81, S$527.19 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,837.25, S$958.63 more
- Driver aged 65, 20 years' driving, 50% NCD: S$981.71, S$103.09 more, with 5 insurers pricing
- New car, registered this year: S$925.38, S$46.76 more, with 5 insurers
- Car 8 years old: S$855.08, S$23.54 less
The young driver case lifts the price by 109%, more than double. Having no NCD nearly doubles it. Car age makes only a small difference, with an older car slightly cheaper.
Since the page uses a 3-year-old car, its standard case is younger than most 626s still on the road. The 8-year-old line is closer to what an owner may see. Still, quotes on very old cars may differ, so ask.
The driver lines matter more than the car lines here. If a younger family member will drive the 626, name them on the quote request. A small premium can turn into a large one once a young driver is added, and fewer insurers may price that case.
Next to similar cars
For the same driver and car age, the price page compares six cars with engines near 2 litres:
- Lexus NX: S$970.26
- Lexus RX: S$921.75
- Mercedes-Benz E-Class: S$857.06
- BMW 5 Series: S$792.38
- Toyota Voxy: S$763.41
- Toyota Harrier: S$763.00
Their average lowest price is S$844.64. The 626 costs 4% more than that. Four of the six are cheaper to insure, and the two Lexus models cost more. Each rival is priced by 14 to 16 insurers, more than twice the 626's six.
Other Mazda models are on the Mazda car insurance page. The cheapest cars to insure list shows models at the low end.
Costs you need to judge yourself
- Parking: season parking where you live and work.
- Petrol: tied to your mileage and pump prices.
- ERP: depends on routes and timing.
- Repairs: an older car may need more parts and work. Check parts supply and the service history.
- Depreciation: on an older car, the value rests mostly on the remaining COE.
Summary of yearly costs we can show
For the Mazda 626 2.0:
- Road tax: S$1,176.92 a year before any age surcharge (LTA's formula, checked 19 October 2026)
- Insurance, standard driver: from S$878.62 a year (1 November 2026)
- Insurance, no NCD: from S$1,756.19
- Insurance, a car 8 years old: from S$855.08
For reference, Category B closed at S$131,901 in the October 2026 2nd round.
Before you buy: car insurance for the Mazda 626
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Mazda 626 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.