The Suzuki Wagon R+ is a tall small car with a 1.3-litre engine. It is not on the new-car list, so it is a used-car purchase in Singapore. This page sets out the bills that come every year and the factors behind them.
The insurance prices are examples for one stated driver, as of 1 November 2026. They help you compare insurers. They are not a quote for you.
Two engine sizes on the form
The new-car list has no entry for the Wagon R+. There is no list price, power figure or body type to give.
Our quote form lists two versions:
- Wagon R+ 1.3, 1,298cc
- Wagon R+ 1.3, 1,328cc
The price page prices the 1,328cc version, which most of our insurers quote. The figures below are for that car.
Road tax for 1,328cc
LTA's formula gives S$583.38 a year for a 1,328cc engine, before any age surcharge. The 1,298cc version pays a little less; the road tax page works out its figure.
The surcharge on older cars:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
Any Wagon R+ on sale today is likely to be well into its life. Check the registration date so you know which step applies.
COE: A or B
The price page says the 1,328cc Wagon R+ 1.3 needs a Category A COE if its power is 97kW (130bhp) or less. If its power is more, it 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. You meet this figure if you renew the COE. The COE page has the latest.
Insurance for the standard driver
The Suzuki Wagon R+ price page prices this case:
- Car: Wagon R+ 1.3, 1,328cc, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no options
5 insurers price it online, with eight plans. The lowest premium is S$792.99 a year. The insurer whose lowest plan costs most asks at least S$986.32. That is S$193.33 more, or 24% on top. The dearest plan is S$1,282.22. Prices include 9% GST, and several are marked as estimates.
Fourteen insurers on our panel have no online price for the Wagon R+. Most have none yet; one does not list the model online.
Lowest premium, highest excess
The lowest premium carries a S$1,200 excess. All the other plans carry S$500 or S$600. The two plans with S$500 are at S$921.87 and S$1,178.49.
So the lowest premium asks you to pay about twice as much towards a claim as the rest. If that is a sum you could find easily, the saving may suit you. If not, the next plans up deserve a look.
How details change the price
The price page shows the lowest price with one change:
- No NCD (0%): S$1,619.33, which is S$826.34 more
- 20% NCD: S$1,297.64, S$504.65 more
- A driver aged 27, 3 years' driving, 30% NCD: S$1,527.07, S$734.08 more
- A driver aged 65, 20 years' driving: S$929.59, S$136.60 more, with 4 insurers pricing
- A new car, registered this year: S$843.58, S$50.59 more
- A car 8 years old: S$776.10, S$16.89 less
Losing NCD costs most here. With none, the lowest price rises by 104%. The young driver is close. An older car comes in slightly lower than the standard case.
Note that the lowest price comes from a different insurer in several of these cases. Each is a lowest price only.
Against similar cars
The price page compares six cars of similar engine size, for the same driver and car age:
- Mazda 3: S$730.18, 13 insurers
- Toyota Sienta: S$674.30, 15 insurers
- BMW X1: S$763.00, 16 insurers
- Mercedes-Benz GLB: S$822.26, 10 insurers
- Honda Freed: S$756.48, 14 insurers
- Mercedes-Benz C-Class: S$749.93, 15 insurers
Their average lowest price is S$749.36. The Wagon R+ is 6% above that. Five of the six are cheaper to insure; only the GLB costs more. Each rival has at least 10 insurers pricing it, double the Wagon R+'s field.
Other Suzuki models are on the Suzuki car insurance page. The cheapest cars to insure page ranks every make.
Costs that vary by owner
These depend on you:
- Parking: your season parking plus parking at work and when out.
- Petrol: depends on distance driven and pump prices.
- ERP: depends on your routes and the hour.
- Upkeep: older cars need more replacement parts as they age. Ask about supply for this model.
- Depreciation: depends on what you pay and how long the COE has to run.
Summary of yearly costs we can show
For the Suzuki Wagon R+ 1.3, 1,328cc:
- Road tax: S$583.38 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$792.99 a year (as of 1 November 2026)
- Insurance, no NCD: from S$1,619.33
- Insurance, driver aged 27 with 30% NCD: from S$1,527.07
- Insurance, car 8 years old: from S$776.10
For context, Category A closed at S$132,004 and Category B at S$131,901 in the October 2026 2nd round.
Before you buy: car insurance for the Suzuki Wagon R+
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Suzuki Wagon R+ 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.