The MG M9 is a fully electric model, and this guide is for anyone in Singapore weighing up what it costs to keep one. It works through the costs you pay every year, one by one.
The insurance figures are examples for one stated driver, read from our price page on 1 November 2026. They show how prices sit against each other. Your own quote depends on your details.
The version we priced
The new-car list we read has no entry for the MG M9 on sale now. So this guide gives no list price, no power figure and no body type for it.
What the price page does show is the version our insurers quote. That is the MG M9 (electric). Every insurance figure below is for that car.
COE for an electric MG M9
Every car registered in Singapore needs a Certificate of Entitlement. For an electric car, the category turns on the motor's output, not on engine size.
The price page puts it this way. A fully electric MG M9 needs a Category A COE if its motor is 110kW (147bhp) or less. If the motor is more powerful, it needs a Category B COE.
In the October 2026 2nd round, Category A closed at S$132,004 and Category B at S$131,901. These premiums change every round. The COE page carries the latest results.
Road tax
Road tax for an electric car follows the motor's power. Our new-car list has no motor power for this model, so this guide gives no road tax figure. The road tax page works out the sum once you know the motor's output.
One rule applies whatever the figure. Once a car passes 10 years, LTA adds a surcharge on top:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Insuring an MG M9: the standard driver
The MG M9 price page prices one set of details:
- The car: MG M9, electric, 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, 4 insurers give a price online. The lowest is S$1,757.09 a year. The dearest of the four asks at least S$2,878.58. That gap is S$1,121.49, or 64% on top. All prices include 9% GST.
Two of the plans in between sit at the same figure, S$2,017.99, and both are marked as estimates.
Excesses differ widely
The excess is the part of a claim you pay yourself. On this page it runs from S$600 to S$2,500. The lowest premium carries a S$1,200 excess. The highest premium carries the S$2,500 one. So a higher price does not buy a smaller excess here. Read both numbers side by side.
Why so few prices
Fourteen insurers on our panel have no online price for the MG M9. Most simply have no rate for this model yet. Some do not quote electric cars online at all. One has a figure for repairs at any workshop only, and another holds a price for one standard driver only. With four prices to compare, the field is narrow.
How the price moves with the driver and the car
The price page shows the lowest price when one detail changes and everything else stays put:
- No NCD (0%): S$4,041.29, which is S$2,284.20 more, with 2 insurers pricing
- 20% NCD: S$2,951.91, S$1,194.82 more, with 4 insurers pricing
- A driver aged 27 with 3 years' driving and 30% NCD: S$4,414.62, S$2,657.53 more, with 2 insurers pricing
- A driver aged 65 with 20 years' driving: S$3,214.54, S$1,457.45 more, with 1 insurer pricing
- A new car, registered this year: S$1,869.21, S$112.12 more
- A car 8 years old: S$1,719.67, S$37.42 less
The young driver case costs most. The lowest price rises by 151% over the standard driver. Losing all NCD comes close behind.
The older driver figure stands out too. Only one insurer prices that case, so there is no comparison to make. The age of the car matters far less than who drives it.
The MG M9 beside other electric cars
The price page lines up six similar electric cars for the same driver and car age. Here is the lowest price for each:
- BMW iX1: S$1,907.27, from 2 insurers
- BYD Sealion 7: S$1,390.72, from 7 insurers
- Tesla Model Y: S$939.71, from 10 insurers
- BYD Atto 3: S$913.63, from 10 insurers
- Tesla Model 3: S$913.62, from 10 insurers
- BYD M6: S$861.41, from 9 insurers
Their average lowest price is S$1,154.39. The MG M9 sits 52% above that, and 5 of the 6 cost less to insure on these details. Only the BMW iX1 costs more.
Notice also how many insurers price each car. Several rivals draw 9 or 10 prices. The MG M9 draws 4. More MG models are on the MG car insurance page, and the list of cars that cost least to insure gives wider context.
Running costs that depend on you
Some costs vary too much from owner to owner for one figure to fit.
- Charging: what you pay turns on where you charge, at home, at work or at public points, and how far you drive.
- Parking: season parking at your HDB block or condo, plus parking at work and in town.
- ERP: set by the roads you use and the time of day.
- Servicing and wear: follow the maker's schedule. Tyres and brakes wear with use. Ask what the battery warranty covers and for how long.
- 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 MG M9 (electric), with dates:
- Road tax: no figure without the motor's power; see the road tax page (age surcharge from +10% after 10 years)
- Insurance, standard driver: from S$1,757.09 a year (1 November 2026)
- Insurance, no NCD: from S$4,041.29
- Insurance, driver aged 27 with 30% NCD: from S$4,414.62
- Insurance, a car 8 years old: from S$1,719.67
For reference, the COE in the October 2026 2nd round was S$132,004 for Category A and S$131,901 for Category B.
Before you buy: car insurance for the MG M9
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the MG M9 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.