The MINI Aceman is a small electric SUV. This guide is for you if you want a clear view of what one costs to own in Singapore, item by item.
Where we show insurance prices, they are examples for one stated driver, read on 1 November 2026. They let you compare. They are not your quote.
Two Aceman versions
The new-car list read on 2026-10-10 shows two electric versions. It lists the body type as SUV, made in China.
- Aceman Electric E 42.5 kWh: 148bhp
- Aceman Electric SE 54.2 kWh: 215bhp
Our quote form carries the same pair, as the Aceman E 42.5 kWh and the Aceman SE 54.2 kWh. The insurance figures below are for the E 42.5 kWh, the version most insurers quote.
List prices
As listed on 2026-10-10, each price including COE that day:
- E 42.5 kWh: S$270,888
- SE 54.2 kWh: S$284,888
The dearer version adds the bigger battery and the stronger motor. Prices shift after COE rounds, so ask for a current figure. When you compare two offers, check that they include the same items.
COE and the motor's output
For an electric car, the COE category depends on motor power. The price page says a fully electric Aceman needs a Category A COE if its motor is 110kW (147bhp) or less. A stronger motor 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. The COE page shows each new round as it closes.
Road tax by version
LTA's formula, checked on 2026-10-19, gives these yearly sums before any age surcharge:
- 148bhp (110kW) motor, E 42.5 kWh: S$1,560.20
- 215bhp (160kW) motor, SE 54.2 kWh: S$1,853.44
The stronger motor costs more each year. After 10 years, a surcharge is added: +10% over 10 years, +20% over 11, +30% over 12, +40% over 13 and +50% over 14. The road tax page has the full formula.
Insurance for a typical driver
The MINI Aceman price page prices this case:
- Car: Aceman E 42.5 kWh, 3 years old, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years' driving
- Record: 50% NCD, no claims
- Repairs: authorised workshop, no options
4 insurers price it online. The lowest premium is S$1,038.97 a year, and it is marked as an estimate. The dearest asks at least S$1,690.03, which is S$651.06 more, or 63% on top. GST at 9% is included throughout.
One plan sits between the two, at S$1,314.63. It is for repairs at any workshop rather than an authorised one, so its cover differs from the others.
The excess on each plan
Three of the plans carry a S$600 excess. The any-workshop plan carries S$900. The excesses are close together, so on this page the premium does most of the work in a comparison.
Fifteen insurers on our panel show no online price for the Aceman. Most have no rate for the model yet. Others do not quote electric cars online, and one prices only repairs at any workshop.
What changes the premium
Here is the page's lowest price when one detail changes:
- No NCD (0%): S$2,187.34, S$1,148.37 more
- 20% NCD: S$1,749.86, S$710.89 more
- Aged 27, 3 years' driving, 30% NCD: S$2,120.12, S$1,081.15 more
- Aged 65, 20 years' driving: S$1,158.83, S$119.86 more
- New car, registered this year: S$1,038.97, the same
- Car 8 years old: S$1,038.97, the same
All 4 insurers price every row. Losing NCD costs most: the lowest price rises by 111%. A young driver with 30% NCD lands close to that.
The car's age makes no difference to the lowest price here. A new Aceman and an 8-year-old one show the same figure.
Against other electric cars
The price page compares six similar cars, same driver and car age:
- 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
Their average lowest price is S$1,154.39. The Aceman costs 10% less than that average. Even so, 4 of the 6 are cheaper to insure on these details. The two dearer ones pull the average up.
Other MINI models are on the MINI car insurance page.
Costs that vary by owner
- Charging: home, office and public charging all cost different amounts. How far you drive sets the total.
- Parking: season parking at an HDB block or condo, and what you pay elsewhere.
- ERP: depends on which roads you use and when.
- Upkeep: the maker's service schedule, plus tyres and brakes over time. Check the battery warranty terms.
- Depreciation: set by your purchase price and the car's later value.
Summary of yearly costs we can show
For the MINI Aceman, with dates:
- Road tax: S$1,560.20 (E 42.5 kWh) or S$1,853.44 (SE 54.2 kWh) a year, before any age surcharge (checked 2026-10-19)
- Insurance, standard driver, E 42.5 kWh: from S$1,038.97 a year (1 November 2026)
- Insurance, no NCD: from S$2,187.34
- Insurance, driver aged 27 with 30% NCD: from S$2,120.12
One-off costs, for reference: S$270,888 or S$284,888 as listed on 2026-10-10, COE included. The October 2026 2nd round COE was S$132,004 for Category A and S$131,901 for Category B.
Before you buy: car insurance for the MINI Aceman
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the MINI Aceman 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.