A Toyota Fortuner is a big car with a big engine, and in Singapore both of those show up in the yearly bill. This review looks at the costs one by one: the COE, road tax, car insurance and the items that turn on how you use it.
The insurance prices are examples for one stated driver, read on 20 October 2026. They help you see the shape of the costs. They are not a quote.
The version priced
The Fortuner has no entry on the new-car list now, so we give no list price. Our quote form has a single version:
- Fortuner 2.7: 2,694cc
All the figures here are for the Fortuner 2.7, the version most of our insurers quote.
COE category
With a 2,694cc engine, above 1,600cc, the Fortuner 2.7 needs a Category B COE. In the October 2026 1st round, Category B closed at S$130,100.
If you buy a used Fortuner, the COE comes with it and runs to a set date. Find out how many years remain. The COE page shows the latest bidding results.
Road tax is the big yearly item
Road tax rises steeply with engine size. For the 2,694cc Fortuner 2.7, LTA's formula gives S$2,026.16 a year, before any age surcharge.
That is the largest yearly figure in this review. It grows further once the car passes 10 years:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
So on a car this size, the registration date matters. A car just under 10 years old will soon pay the first step of the surcharge, so check the date on the log card. The road tax page lets you compare other engine sizes.
What insurance costs the example driver
The Toyota Fortuner price page quotes one case:
- Car: Fortuner 2.7, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office work, driving 10 to 19 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, nothing added
For that case, 15 insurers give a price. The lowest is S$764.82 a year. The insurer whose lowest plan is dearest asks at least S$1,815.92, which is S$1,051.10 more, or 137% on top. All figures include 9% GST.
That is one of the wider gaps you will see: the top of the range is more than double the bottom. Only one insurer on our panel has no online price for this model, so most of the market is there to compare.
The excess
Each plan has an excess, the part of any claim you pay. On this page it ranges from S$0 to S$3,000, and most plans carry S$600. A plan that costs less each year may ask far more of you when you claim. Look at both before you decide.
How the lowest price moves
Here is the lowest price when one detail changes and the rest stays put:
- No NCD (0%): S$1,071.87, S$307.05 more
- 20% NCD: S$1,071.87, S$307.05 more
- Driver aged 27, 3 years of driving, 30% NCD: S$1,071.87, S$307.05 more
- Driver aged 65, 20 or more years of driving: S$764.82, the same
- A new car, registered this year: S$787.96, S$23.14 more
- A car 8 years old: S$700.28, S$64.54 less
The NCD carries the most weight. With none, the lowest price is 40% more. A younger driver with fewer years lands on the same figure. The older driver pays the same as the driver of 40. An 8-year-old Fortuner costs less to insure at the lowest price. Other plans may move by different amounts.
Set against similar cars
The price page lists six cars for the same driver and car age, with their lowest prices:
- Honda Odyssey: S$811.71
- Mitsubishi Outlander: S$861.03
- Audi Q7: S$1,238.58
- Audi RS 3 Sedan: S$1,310.08
- Audi RS 3 Sportback: S$1,310.08
- Audi S4 Saloon: S$1,501.01
They average S$1,172.08 at their lowest price. The Fortuner is 35% below that, and none of the six is cheaper to insure. So on insurance the Fortuner compares well, even though its road tax is high. Other Toyotas are on the Toyota car insurance page.
The costs set by you
We give no figures for these, because they depend on the owner.
- Parking: season parking at your HDB block or condo, and parking at work or in town. Check that your usual car parks take a car of this size.
- Petrol: set by distance and pump prices.
- ERP: depends on your routes and when you travel.
- Servicing and repairs: tyres, brakes and a battery over the years, plus the regular service schedule. On a used car, ask for the records.
- Depreciation: what you lose in value turns on your buying price, the COE years left and the sale price.
The yearly figures side by side
For the Fortuner 2.7, dated as shown:
- Road tax: S$2,026.16 a year, before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, example driver: from S$764.82 a year (20 October 2026)
- Insurance, no NCD: from S$1,071.87
- Insurance, a car 8 years old: from S$700.28
For a new COE, Category B closed at S$130,100 in the October 2026 1st round.
Before you buy: car insurance for the Toyota Fortuner
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Toyota Fortuner 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.