The Smart #1 is a compact electric SUV made in China. Its three versions differ a lot in motor power, and that changes road tax sharply. This page sets out each cost item so you can see where the differences lie.
Insurance figures are examples for one stated driver, as of 1 November 2026. Your own price depends on your answers.
Three versions, three motors
The new-car list read on 2026-10-10 shows the Smart #1 as an SUV with a 66 kWh battery in each version:
- Pro+ CORE 66 kWh: 148bhp (110kW), listed at S$206,000
- Pro+ 66 kWh: 268bhp (200kW), listed at S$231,000
- Brabus 66 kWh: 422bhp (315kW), no list price shown
List prices are as listed on 2026-10-10 and included COE that day. The Brabus had no price on the list. Ask the dealer for current figures on all three.
Our quote form carries the same three versions. The insurance prices below are for the Pro+ CORE, the version most of our insurers quote.
COE category
The price page gives the rule for a fully electric Smart #1:
- Category A if the motor is 110kW (147bhp) or less: S$132,004 in the October 2026 2nd round
- Category B if it is more powerful: S$131,901 in the same round
The Pro+ CORE's motor sits at 110kW on the list. The other two are well above it. Check the category on the papers for your car. The COE page shows each round.
Road tax by motor
Electric cars pay road tax on motor power. The spread across the range is wide:
- 148bhp (110kW), Pro+ CORE: S$1,560.20 a year
- 268bhp (200kW), Pro+: S$2,088.04 a year
- 422bhp (315kW), Brabus: S$4,414.50 a year
These are LTA's formula figures before any surcharge. The Brabus pays well over double the Pro+ CORE every year.
After ten years a surcharge applies: +10% over 10 years, +20% over 11, +30% over 12, +40% over 13 and +50% over 14. The road tax page explains the formula.
Car insurance for the standard driver
The Smart #1 price page is built on these details:
- Car: Smart #1 Pro+ CORE 66 kWh, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- Record: 50% NCD, no claims
- Workshop: authorised, no options
5 insurers price it online. The lowest premium is S$1,041.29 a year. The insurer whose lowest plan costs most asks at least S$1,902.16. That is S$860.87 more, or 83% on top. Prices include 9% GST.
Several insurers do not quote electric cars online, and others have no price for this model yet. With five names, the field is reasonable for an electric car but smaller than for many petrol models. The prices were read on different days in October, so it is worth checking the page again near your renewal.
Read the plan and the excess
The lowest premium is for a plan described as collision only, with a S$1,500 excess. Check what each plan covers before you set two prices side by side. Other plans carry S$600 or S$900. Most prices on the page are marked as estimates.
What changes the premium
The lowest price when one detail changes:
- No NCD (0%): S$2,192.19, S$1,150.90 more
- 20% NCD: S$1,753.74, S$712.45 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,316.72, S$1,275.43 more
- Driver aged 65, 20 years' driving: S$1,305.62, S$264.33 more
- New car this year: S$1,181.24, S$139.95 more, with 4 insurers pricing
- Car 8 years old: S$1,056.29, S$15 more
The young driver case raises the lowest price by 122%. No NCD is close behind. Unusually, both a newer and an older car cost a little more than the page's three-year-old car.
These are lowest prices only.
Compared with six electric cars
Same driver, same car age, from the price page:
- 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 Smart #1 costs 10% less than that average. Four of the six are still cheaper to insure. Other Smart models are on the Smart car insurance page.
Checks for a Smart #1 quote
- Version: insurance for the Pro+ or Brabus may differ from the Pro+ CORE priced here. Ask for a quote on your exact car.
- Cover type: confirm whether a plan is full comprehensive cover.
- Battery: ask how damage to the battery is handled.
- Estimates: confirm the final figure with your own details.
Costs only you can estimate
These depend on your habits and where you live. We give no figure for them.
- Parking: season parking where you live, and elsewhere.
- Charging: your price per unit times your distance.
- ERP: depends on routes and timing.
- Servicing and warranty: follow the schedule, and check the battery warranty.
- Depreciation: set by what you pay and what the car later fetches.
Summary of yearly costs we can show
As of 1 November 2026:
- Road tax: S$1,560.20 (Pro+ CORE), S$2,088.04 (Pro+), S$4,414.50 (Brabus), before any age surcharge (checked 2026-10-19)
- Insurance, Pro+ CORE, standard driver: from S$1,041.29 a year
- Insurance, no NCD: from S$2,192.19
- Insurance, a car 8 years old: from S$1,056.29
One-off, for reference: list prices from S$206,000 as listed on 2026-10-10. COE in the October 2026 2nd round: S$132,004 for Category A, S$131,901 for Category B.
Before you buy: car insurance for the Smart #1
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Smart #1 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.