The Smart #3 is an electric SUV made in China, sold in three versions. The gap between them is large, both in list price and in road tax. This page takes each cost in turn.
The insurance prices are examples for a single stated driver, as of 1 November 2026. Use them to see how the market sits.
The range and its list prices
The new-car list read on 2026-10-10 shows three versions, each an SUV with a 66 kWh battery. These prices are as listed on 2026-10-10 and included COE that day:
- Pro+ CORE 66 kWh: 148bhp (110kW), S$209,000
- Pro+ 66 kWh: 268bhp (200kW), S$240,000
- Brabus 66 kWh: 422bhp (315kW), S$295,000
So the top version listed for far more than the entry one. Prices move after COE rounds, so ask for the current figure.
Our quote form carries the same three. The insurance prices below are for the Brabus, the version most of our insurers quote.
Category A or B
For a fully electric Smart #3, the price page gives this rule:
- Category A: motor of 110kW (147bhp) or less. S$132,004 in the October 2026 2nd round.
- Category B: a more powerful motor. S$131,901 in that round.
On the list, the Pro+ CORE has a 110kW motor. The Pro+ and Brabus are above the limit. Confirm on the car's papers. The COE page gives the latest round.
Road tax: a wide spread
Road tax on an electric car follows motor power. LTA's formula gives, before any surcharge:
- Pro+ CORE (110kW): S$1,560.20 a year
- Pro+ (200kW): S$2,088.04 a year
- Brabus (315kW): S$4,414.50 a year
The Brabus pays almost three times the Pro+ CORE's road tax each year. Over a ten-year COE that adds up.
Past ten years there is a surcharge:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
See the road tax page for the formula.
Insuring the Brabus
The Smart #3 price page prices this case:
- Car: Smart #3 Brabus 66 kWh, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, 10 years of driving
- Record: 50% NCD, no claims
- Workshop: authorised, no options
Only 2 insurers price it online. The lowest premium is S$1,069.88 a year. The other insurer's lowest plan asks at least S$1,181.24, which is S$111.36 or 10% more. The top plan on the page is S$1,287.86. All prices include 9% GST and all are marked as estimates.
Two names is a very narrow field. Some insurers do not quote electric cars online, and many have no price for this model yet. With so few prices, one insurer changing its rates can reshape the whole picture. Insurers without an online price may still quote on request, but their figures are not on the page.
Cover and excess
The lowest premium is for a plan described as collision only, with a S$0 excess. The next carries S$600, and the dearest carries S$1,500. Check what each plan covers. A low premium on narrower cover is not the same deal as full comprehensive cover.
How one change moves the price
Each case changes one detail and keeps the rest:
- No NCD (0%): S$2,252.39, which is S$1,182.51 more
- 20% NCD: S$1,801.90, S$732.02 more
- Driver aged 27, 3 years' driving, 30% NCD: S$2,372.84, S$1,302.96 more
- Driver aged 65, 20 years' driving: S$1,317.50, S$247.62 more
- New car this year: S$1,181.24, S$111.36 more, with only 1 insurer pricing
- Car 8 years old: S$1,077.37, S$7.49 more
The young driver raises the lowest price by 122%. Without NCD it more than doubles. For a new car, only one insurer gives a price online.
These are lowest prices only.
Six electric cars for comparison
Same driver and 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 #3 Brabus costs 7% less than that. Four of the six are cheaper to insure. More Smart models are on the Smart car insurance page.
Before you accept a price
- Your version: the Pro+ CORE and Pro+ may price differently from the Brabus shown here.
- Cover level: confirm the plan is comprehensive if that is what you want.
- Estimates: the final premium can differ once your details are checked.
- Battery and charger: ask how they are covered.
Costs without a set figure
Each of these turns on your own habits, so no figure fits every owner.
- Parking: season parking plus day-to-day charges.
- Charging: depends on where and how often you charge.
- ERP: set by your routes.
- Servicing and warranty: check what the battery warranty covers.
- Depreciation: driven by your purchase price and later value.
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+) or S$4,414.50 (Brabus) a year before any age surcharge (checked 2026-10-19)
- Insurance, Brabus, standard driver: from S$1,069.88 a year
- Insurance, no NCD: from S$2,252.39
- Insurance, a car 8 years old: from S$1,077.37
One-off, for reference: list prices from S$209,000 to S$295,000 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 #3
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Smart #3 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.