The Porsche Taycan is an electric sports car, sold in Singapore in several versions. Its yearly costs are high, and road tax and insurance both rise steeply with the more powerful versions. This guide sets out what the figures show, cost by cost.
The insurance figures are examples for one stated driver, as of 1 November 2026. They are a reference point, not your price.
Six versions on the new-car list
The new-car list, read on 2026-10-10, gives the Taycan as a sports car made in Germany. All are electric. Prices are as listed on that date, COE included as listed then:
- Electric 89 kWh: 402bhp, S$408,288
- Electric Black Edition 105 kWh: 429bhp, S$453,288
- Electric 4S 89 kWh: 456bhp, S$561,888
- Electric Turbo 105 kWh: 697bhp, S$759,388
- Electric Turbo S 105 kWh: 764bhp, S$916,888
- Electric Turbo GT 105 kW: 778bhp, S$1,036,388
Ask the dealer for a current price, as these move with COE.
The quote form is much longer, with twenty versions across the 79.2, 89, 93.4 and 105 kWh batteries. The insurance prices below are for the Taycan 79.2 kWh, the version most insurers quote.
COE for an electric car
The price page gives the rule. A fully electric Taycan needs a Category A COE if its motor is 110kW (147bhp) or less. If it is more powerful, it needs Category B.
In the October 2026 2nd round, Category A closed at S$132,004 and Category B at S$131,901. The COE page lists later rounds.
Road tax climbs with power
Electric road tax is based on motor power. LTA's formula gives these yearly figures for the listed versions, before any age surcharge:
- 402bhp (300kW): S$4,179.90
- 429bhp (320kW): S$4,492.70
- 456bhp (340kW): S$4,805.50
- 697bhp (520kW): S$7,620.70
- 764bhp (570kW): S$8,402.70
- 778bhp (580kW): S$8,559.10
The step from the 4S to the Turbo adds a lot each year. Over the years you keep the car, that difference grows into a large sum.
Cars over 10 years old pay more: +10% after 10 years, rising by 10 points a year to +50% after 14. The road tax page shows the formula.
Insurance: one insurer, three plans
The Porsche Taycan price page prices this profile:
- Car: Taycan 79.2 kWh, 3 years old, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- NCD: 50%, no claims
- Repairs: authorised workshop, no options
One insurer prices it online, with three plans. The lowest is S$5,180.08 a year. The middle plan is S$5,509.18 and the top plan S$7,806.67. All include 9% GST, and all carry a S$300 excess.
Seventeen insurers have no online price. One does not list the model online, and another does not quote electric cars online.
With one insurer online, the page cannot show a spread. Gathering more quotes is the way to see one. The low S$300 excess on every plan is worth noting when you compare.
How the premium moves
The page shows the lowest premium with one change at a time:
- No NCD: S$7,157.11, S$1,977.03 more
- 20% NCD: S$6,217.72, S$1,037.64 more
- Driver aged 27, 3 years' driving, 30% NCD: S$11,996.54, S$6,816.46 more
- Driver aged 65, 20 years' driving: S$5,631.05, S$450.97 more
- A new car, registered this year: S$5,775.84, S$595.76 more
- A car 8 years old: S$3,423.49, S$1,756.59 less
The young driver's figure stands out. At S$11,996.54, it is 132% above the standard price. For a younger buyer, insurance alone would be a bigger yearly bill than road tax on any listed version.
The car's age matters a great deal here too. A new Taycan costs more to insure, and an 8-year-old one far less.
Against other electric cars
The price page compares the Taycan with six electric 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 Taycan costs 349% more, and all 6 are cheaper to insure. Other models are on the Porsche car insurance page.
The costs only you can size
- Charging: at home if your car park has a charger, or at public chargers. Your driving decides the cost.
- Parking: season parking at home plus parking elsewhere. A low car may need care on steep ramps.
- ERP: depends on your routes and the times you drive.
- Tyres, brakes and servicing: follow the maker's schedule. Ask what the warranty covers, battery included.
- Depreciation: what you pay against what it is worth later. On a car at these list prices, it can be large.
Summary of yearly costs we can show
For the Porsche Taycan:
- Road tax: from S$4,179.90 (402bhp) to S$8,559.10 (778bhp) a year before any age surcharge (checked 2026-10-19)
- Insurance, standard driver, 79.2 kWh: from S$5,180.08 (1 November 2026)
- Insurance, driver aged 27 with 30% NCD: from S$11,996.54
- Insurance, a car 8 years old: from S$3,423.49
One-off, for reference: list prices from S$408,288 to S$1,036,388 as listed on 2026-10-10. COE in the October 2026 2nd round: S$132,004 for Category A and S$131,901 for Category B.
Before you buy: car insurance for the Porsche Taycan
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Porsche Taycan 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.