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Mazda MX-30 electric costs in Singapore, list price to insurance

The Mazda MX-30's list price, COE rule, road tax on its 107kW motor and dated car insurance prices from 7 insurers, with what moves them.

The Mazda MX-30 is a small electric crossover, built in Japan. It suits drivers who want an electric car for shorter trips around the island. This guide lists what it costs to buy and keep in Singapore: list price, COE, road tax and car insurance.

The insurance figures are examples for one stated driver, as of 1 November 2026. They show the spread on offer, not your own price.

The MX-30 on the new-car list

The new-car list read on 2026-10-10 shows one version: the MX-30 Electric Exclusive Line [UK] 35.5 kWh. It is listed as an SUV, with a 143bhp (107kW) motor.

The quote form on the price page covers three versions:

  • MX-30 35.5 kWh
  • MX-30 Exclusive Line [UK] 35.5 kWh
  • MX-30 Sport Luxury 35.5 kWh

The insurance prices below are for the MX-30 35.5 kWh, the version most insurers quote.

List price

As listed on 2026-10-10, the Exclusive Line [UK] was S$187,800, including COE that day. Dealers adjust prices after COE rounds. Ask for a written figure and check what it includes.

The COE rule for an electric MX-30

For electric cars, the COE category depends on motor power. The price page sets out the rule:

  • 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.

Confirm the category of the exact car with the dealer. The COE page shows newer results.

Road tax on the motor

Electric cars pay road tax by motor power. For the 143bhp (107kW) motor, LTA's formula gives S$1,542.60 a year, before any age surcharge.

Once a car is more than 10 years old:

  • Over 10 years: +10%
  • Over 11 years: +20%
  • Over 12 years: +30%
  • Over 13 years: +40%
  • Over 14 years: +50%

The road tax page works out other motor sizes.

Car insurance: the standard example

The Mazda MX-30 price page prices these details:

  • Car: MX-30 35.5 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

7 insurers price it online, across ten plans. The lowest premium is S$891.61 a year. The insurer whose lowest plan costs most asks at least S$3,248.08, marked as an estimate. That is S$2,356.47 more, or 264% on top. All prices include 9% GST.

That is a very wide spread. The highest price on the page is more than three and a half times the lowest. Comparing several quotes clearly matters for this car.

Check the excess with the price

The lowest premium carries a S$2,500 excess, the largest on the page. The second lowest, at S$957.78, carries S$600. Other plans range from S$300 to S$900. So the lowest premium means a much larger share of any claim. One mid-range plan is collision-only, a narrower kind of cover.

Five more insurers have no online price. Two do not price electric cars online, and one prices only repairs at any workshop.

How the lowest price moves

The price page shows the lowest price after one change:

  • No NCD (0%): S$1,675.98, S$784.37 more
  • 20% NCD: S$1,346.71, S$455.10 more
  • Driver aged 27, 3 years' driving, 30% NCD: S$1,836.76, S$945.15 more
  • Driver aged 65, 20 years' driving, 50% NCD: S$1,067.03, S$175.42 more
  • New car, registered this year: S$850.46, S$41.15 less, with 6 insurers pricing
  • Car 8 years old: S$881.78, S$9.83 less

The young driver case lifts the price by 106%. No NCD nearly doubles it too. Car age moves little, and a new car is slightly cheaper to insure here. The same insurer is lowest in every case, always with that large excess.

Against other electric cars

For the same driver and car age, the price page sets six electric cars beside it:

Their average lowest price is S$1,154.39. The MX-30 costs 23% less than that. Only one of the six, the BYD M6, is cheaper to insure. The others cost more, some by a wide margin.

Other Mazda models are on the Mazda car insurance page. The cheapest cars to insure list shows how it ranks more widely.

Costs only you can estimate

  • Charging: at home if your building allows it, or public chargers at varying rates. A smaller battery may mean charging more often.
  • Parking: season parking at home and at work.
  • ERP: depends on your routes and times.
  • Upkeep: tyres and brakes still wear. Ask how long the battery warranty runs.
  • Depreciation: depends on what you pay and how used demand develops.

Summary of yearly costs we can show

For the Mazda MX-30:

  • Road tax, 107kW motor: S$1,542.60 a year before any age surcharge (LTA's formula, checked 19 October 2026)
  • Insurance, 35.5 kWh, standard driver: from S$891.61 a year, S$2,500 excess on that plan (1 November 2026)
  • Insurance, no NCD: from S$1,675.98
  • Insurance, a car 8 years old: from S$881.78

One-off costs for reference: S$187,800 as listed on 2026-10-10. 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 Mazda MX-30

Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Mazda MX-30 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.