If you run a SsangYong Korando, or are eyeing a used one, the yearly bills are worth knowing up front. This page goes through road tax, COE and car insurance.
Insurance prices here are examples for a single stated driver, as of 1 November 2026. Your own premium depends on your profile and your car.
Versions we can price
The new-car list has no entry for the Korando on sale now. There is no list price, power figure or body type to give.
On our quote form, two versions appear:
- Korando, 1,998cc
- Korando 1.5, 1,497cc
The SsangYong Korando price page prices the 1,998cc car, the version most of our insurers quote.
COE for the Korando
For the 1,998cc Korando, the price page puts it above 1,600cc. That means a Category B COE, which closed at S$131,901 in the October 2026 2nd round.
The 1.5 version is a different case, and the price page does not set out its category. Check your car's papers. The COE page shows each round's results.
Road tax
For a 1,998cc engine, LTA's formula comes to S$1,209.76 a year before any surcharge. The 1.5 pays less, being a smaller engine; the road tax page works out its figure.
Older cars carry a surcharge on top:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Check your registration date to see where your car sits.
The insurance spread
The price page uses this profile:
- Car: Korando 1,998cc, 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
9 insurers price it online. The lowest premium is S$806.22 a year. The insurer whose lowest plan costs most asks at least S$1,903.53. The gap is S$1,097.31, or 136% on top. The top plan on the page is S$1,939.47. All prices include 9% GST.
That is a wide spread for one car and one driver. It comes from each insurer's own rates and plan features. Only one insurer on our panel does not list the model.
Excess from S$0 to S$3,000
The lowest premium carries a S$600 excess. The second, at S$960.54, carries S$1,200. Three plans carry S$300, one estimate carries S$0, and the dearest-but-one carries S$3,000. Most others sit at S$600. Read the excess alongside each premium. Several prices are estimates.
When one detail changes
The lowest price for each case, with the rest held the same:
- No NCD (0%): S$1,576.09, up S$769.87
- 20% NCD: S$1,261.64, up S$455.42
- Aged 27, 3 years' driving, 30% NCD: S$1,648.83, up S$842.61
- Aged 65, 20 years' driving: S$881.04, up S$74.82, 8 insurers
- Car registered this year: S$830.47, up S$24.25
- Car 8 years old: S$767.39, down S$38.83
The young driver case raises the lowest price by 105%. Without NCD it nearly doubles. The older driver pays only a little more here. An older car brings the lowest price down slightly.
These are lowest prices only. Other plans can move differently.
What a wide spread means for you
The dearest insurer's lowest plan here costs more than double the lowest premium. Both are for the same car, the same driver and the same cover type. A gap that size is one reason to look at the full list rather than renew on autopilot. The insurer at the bottom of the list also stays the same across every change in the table below. That is not true for every car. It can still change when insurers update their rates, so check again near your renewal date.
Six cars to compare
The price page lists these for the same driver and car age:
- Lexus NX: S$970.26
- Lexus RX: S$921.75
- Mercedes-Benz E-Class: S$857.06
- BMW 5 Series: S$792.38
- Toyota Voxy: S$763.41
- Toyota Harrier: S$763.00
Their average lowest price is S$844.64. The Korando costs 5% less. Three of the six are cheaper to insure: the BMW 5 Series, Toyota Voxy and Toyota Harrier. Each has more insurers pricing online. Other SsangYong entries are on the SsangYong car insurance page.
Reading the quotes
- The engine: the 1,998cc and 1.5 versions are separate entries. A quote should name your car.
- The excess: three plans with a S$300 excess cost more than the lowest two. Weigh what you would pay on a claim.
- The workshop: authorised workshops are assumed here.
- Named drivers: a young driver roughly doubles the lowest price.
- Estimates: confirm the final figure with your own details.
Costs we cannot put a figure on
These depend on how you use the car.
- Parking: season parking near home, plus other charges.
- Fuel: rises and falls with your mileage and pump prices.
- ERP: depends on routes and timing.
- Servicing: ask a workshop about parts supply and costs for this make.
- Depreciation: on a used car, set by the price you pay and the COE remaining.
Summary of yearly costs we can show
SsangYong Korando 1,998cc, as of 1 November 2026:
- Road tax: S$1,209.76 a year before any age surcharge (checked 2026-10-19)
- Insurance, standard driver: from S$806.22 a year
- Insurance, 20% NCD: from S$1,261.64
- Insurance, a car 8 years old: from S$767.39
Category B COE was S$131,901 in the October 2026 2nd round.
Before you buy: car insurance for the Ssangyong Korando
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Ssangyong Korando 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.