The BMW 216i Gran Tourer is not on the new-car list now, so if one is on your list, you are buying used. A used car comes with a fixed COE end date, a road tax bill that depends on its age, and an insurance premium that depends heavily on where you buy it. This page takes those three in turn.
The insurance figures are examples, read on 20 October 2026, for one stated driver and car. They will not match your own quote exactly. Use them to see what drives the cost.
The car
The quote form lists the BMW 216i Gran Tourer with a 1,499cc engine, and that is the car priced below. With no entry on the new-car list, there is no list price, power figure or body type here.
Step one: the COE
For the 216i Gran Tourer's 1,499cc engine, the COE category turns on power. It needs a Category A COE if its power is 97kW (130bhp) or less, and a Category B COE if it is more. In the October 2026 1st round, Category A closed at S$130,001 and Category B at S$130,100.
On a used car, the COE was bought by an earlier owner. Ask for the date it ends. A car with only a few COE years left is worth less, however tidy it looks. If you may renew the COE later, the COE page has the latest results.
Step two: road tax
For the 1,499cc engine, LTA's formula gives S$683.66 a year, before any age surcharge.
Then check the car's age. Past 10 years, a surcharge is added:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
A car on a renewed COE will often be past that mark, so the surcharge can be a real part of the bill. The road tax page shows how the yearly figure is worked out.
Step three: insurance
The BMW 216i Gran Tourer price page prices this case:
- Car: 216i Gran Tourer, 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 options
15 insurers price it for that driver. The lowest premium is S$811.71 a year. The insurer whose lowest plan is the dearest asks at least S$2,578.02. That is S$1,766.31 more, or 218% on top. All prices include 9% GST.
Few cars show a gap like this. For the same car and driver, the dearest lowest plan costs over three times the lowest premium. A few figures on the page are estimates, so check each on the insurer's own quote.
The excess
Each plan sets an excess, your share of a claim. Most plans for this car carry S$600. Others sit at S$500, S$750 or S$800. Three ask S$2,500, one asks S$3,000, and one has none. Two premiums that look close can differ a lot once you add the excess.
How your details move the price
The price page lists the lowest premium after one change:
- No NCD (0%): S$1,101.14, S$289.43 more
- 20% NCD: S$1,101.14, S$289.43 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,101.14, S$289.43 more
- Driver aged 65, 20 or more years' driving: S$811.71, the same
- A new car, registered this year: S$836.07, S$24.36 more
- A car 8 years old: S$742.90, S$68.81 less
With no NCD, the lowest premium rises by 36%. A younger, less experienced driver pays the same higher figure. A driver aged 65 pays the same as the example.
For a used-car buyer the last line is welcome: an 8-year-old car is S$68.81 cheaper at the lowest price. These are lowest prices only, though. Other plans may move by different amounts.
Similar cars for comparison
For the same driver and car age, the price page compares six cars:
- Mazda 3: S$927.36
- Mercedes-Benz GLB: S$787.96
- Hyundai Kona: S$721.59
- Toyota Corolla Altis: S$642.42
- Honda Freed: S$642.42
- Toyota Sienta: S$604.07
They average S$720.97 at their lowest. The 216i Gran Tourer is 13% above that. Five of the six are cheaper to insure, and only the Mazda 3 costs more. The BMW car insurance page covers the make's other models, and the cheapest cars to insure page ranks more.
Other costs to budget for
These have no single figure, because they depend on you:
- Parking: season parking at home, plus parking for work, school runs and weekends.
- Petrol: depends on your distance and pump prices.
- ERP: depends on your routes and the times you drive.
- Servicing and repairs: ask for the service history. On an older car, budget for tyres, brakes and a battery.
- Depreciation: set by the price you pay and the COE years left when you sell.
Summary of yearly costs we can show
For the BMW 216i Gran Tourer (1,499cc), dated:
- Road tax: S$683.66 a year, before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$811.71 a year (20 October 2026)
- Insurance, no NCD: from S$1,101.14
- Insurance, car 8 years old: from S$742.90
For a COE renewal or new registration, the October 2026 1st round closed at S$130,001 (Category A) or S$130,100 (Category B). No list price is shown, as the car is not on the new-car list.
Before you buy: car insurance for the BMW 216i Gran Tourer
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the BMW 216i Gran Tourer 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.