A Toyota Land Cruiser Prado carries a large engine, and in Singapore engine size feeds straight into the yearly bill. If you own one or are thinking of buying, this page lays out the costs we can put figures on. It then lists the costs that depend on how you use the car.
The insurance prices are examples for one stated driver, read on 20 October 2026. They show how prices compare. Your own premium will depend on your details.
The Prado we price
The new-car list has no entry for the Land Cruiser Prado on sale now, so no list price is given here. Our quote form has one version:
- Land Cruiser Prado 2.8 TX: 2,754cc
Every figure below is for the 2.8 TX, the version most of our insurers quote.
COE category
With a 2,754cc engine, above 1,600cc, the Land Cruiser Prado 2.8 TX needs a Category B COE. In the October 2026 1st round, Category B closed at S$130,100.
On a used car the COE is already paid, and it runs out on a set date. The number of years left shapes what the car is worth to you. The COE page has the latest bidding results.
Road tax: the largest yearly figure
Road tax climbs with engine capacity. For the 2,754cc Prado, LTA's formula gives S$2,096.54 a year, before any surcharge for age. That is well above what a typical family car pays.
The surcharge adds to it once a car is past 10 years:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
On a figure this large, each step of the surcharge is a noticeable sum. Check the registration date of any car you look at. The road tax page covers other engine sizes.
Insurance for the example driver
The Toyota Land Cruiser Prado price page prices this case:
- Car: Land Cruiser Prado 2.8 TX, registered 3 years ago, private use, comprehensive cover
- Driver: aged 40, married, office job, driving 10 to 19 years
- Record: 50% no-claim discount (NCD), no claims
- Repairs: authorised workshop, no add-ons
For that case, 11 insurers price it. The lowest is S$764.82 a year. The insurer whose lowest plan is dearest asks at least S$1,650.82, which is S$886.00 more, or 116% on top. All prices include 9% GST.
So for the same car and driver, the top of the range is more than twice the bottom. Five insurers on our panel have no online price for this model yet.
Like-for-like matters when you compare. The page assumes comprehensive cover at an authorised workshop with nothing added. A quote on other terms will not line up with these figures.
Excess
Each plan carries an excess, the part of a claim you pay yourself. On this page it runs from S$0 to S$2,500, and most plans carry S$600. A plan that looks low on premium may carry a far higher excess, so weigh the two together.
What moves the price
The price page shows the lowest price when one detail changes and the rest stays the same:
- No NCD (0%): S$1,747.18, S$982.36 more
- 20% NCD: S$1,288.12, S$523.30 more
- Driver aged 27, 3 years of driving, 30% NCD: S$1,496.16, S$731.34 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
On this model the NCD matters a great deal. Without it, the lowest price is 128% more, well over double. Even a 20% NCD adds a large sum. A younger driver with fewer years also pays much more. The 65-year-old pays the same as the driver of 40, and an older Prado is a little cheaper to insure.
If you hold a high NCD, these figures show how much it is worth on a car like this. They are lowest prices only; other plans may move by different amounts.
Against similar cars
For the same driver and car age, the price page lists six cars:
- 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
Their average lowest price is S$1,172.08. The Prado comes in 35% below it, and none of the six is cheaper to insure. So for this driver, insurance is not the heavy cost on a Prado; road tax is. Other Toyotas are on the Toyota car insurance page.
Costs that depend on you
These vary from owner to owner, so we give no figures.
- Parking: season parking at your HDB block, condo or home, plus parking elsewhere. Check that the car parks you use suit a large SUV, including any height limit.
- Fuel: set by your distance and pump prices.
- ERP: depends on your routes and the times you drive.
- Servicing and repairs: regular servicing, plus tyres, brakes and a battery over the years. On a used car, ask for the service record.
- Depreciation: shaped by your buying price, the COE years left and what the car sells for later.
Summary of the yearly figures
For the Land Cruiser Prado 2.8 TX, dated as shown:
- Road tax: S$2,096.54 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$1,747.18
- 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 Land Cruiser Prado
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Toyota Land Cruiser Prado 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.