This guide looks at the Volvo V40 Cross Country D2 on cost, and sets it beside six similar cars from its price page. It starts with the fixed costs, the COE and road tax. Then it covers insurance and how each rival compares.
The insurance figures are examples read on 20 October 2026 for one stated driver and car. Your own quote depends on your details.
The versions on our quote form
The new-car list has no entry for the V40 Cross Country on sale now. So there is no list price, power figure or body type here. The quote form lists three versions:
- V40 Cross Country D2: 1,560cc
- V40 Cross Country T4: 1,596cc
- V40 Cross Country T4 2.0: 1,969cc
The figures below are for the D2, the version most insurers quote.
COE and road tax
The price page states that the D2, with its 1,560cc engine, needs a Category A COE if its power is 97kW (130bhp) or less, and a Category B COE if it is more. The October 2026 1st round closed at S$130,001 for Category A and S$130,100 for Category B. The COE page has the latest.
LTA's formula gives road tax of S$719.44 a year for the 1,560cc engine, before any age surcharge. Cars past 10 years pay more:
- Over 10 years: +10%
- Over 11 years: +20%
- Over 12 years: +30%
- Over 13 years: +40%
- Over 14 years: +50%
The road tax page has the T4 and T4 2.0 figures.
Insurance for the standard driver
The Volvo V40 Cross Country price page prices this case:
- Car: V40 Cross Country D2, 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 driver, 14 insurers give a price. The lowest premium is S$764.82. The insurer whose lowest plan sits highest asks at least S$1,673.14, which is S$908.32 more, or 119% on top. All prices include 9% GST. Two insurers on our panel have no online price for it yet.
The excess on most plans is S$600. The range runs from S$0 on one plan to S$3,000 on another, with two at S$2,500. Check it beside every premium.
When the details change
- No NCD (0%): S$1,098.76, S$333.94 more
- 20% NCD: S$1,098.76, S$333.94 more
- Driver aged 27, 3 years' driving, 30% NCD: S$1,098.76, S$333.94 more
- Driver aged 65, 20 or more years' 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
Without a full NCD, the lowest price rises 44%. A driver aged 27 pays the same. An older driver pays the same as the standard driver, with one fewer insurer quoting. Car age moves the price only a little. These are lowest prices only.
Against the Toyota Sienta
The Toyota Sienta starts at S$604.07 for the same driver, priced by 15 insurers. It is the lowest of the six. On insurance alone, it costs less than the V40 Cross Country.
Against the Toyota Corolla Altis and Honda Freed
The Toyota Corolla Altis and the Honda Freed both start at S$642.42. The Corolla Altis is priced by 16 insurers and the Freed by 14. Both cost less to insure than the V40 Cross Country.
Against the Mercedes-Benz GLB
The Mercedes-Benz GLB starts at S$787.96, priced by 11 insurers. That is above the V40 Cross Country's S$764.82, and fewer insurers quote it.
Against the BMW X1
The BMW X1 starts at S$811.71, priced by 15 insurers. It costs more to insure than the V40 Cross Country for the same driver.
Against the Mazda 3
The Mazda 3 starts at S$927.36, priced by 12 insurers. It is the dearest of the six on insurance.
How they compare at a glance
- Toyota Sienta: S$604.07
- Toyota Corolla Altis: S$642.42
- Honda Freed: S$642.42
- Volvo V40 Cross Country: S$764.82
- Mercedes-Benz GLB: S$787.96
- BMW X1: S$811.71
- Mazda 3: S$927.36
The six rivals average S$735.99. The V40 Cross Country is 4% above that, and three of the six are cheaper to insure. On insurance cost, it sits in the middle of this group. Other Volvos are on the Volvo car insurance page.
These comparisons cover insurance only. Road tax, COE and the price you pay for the car also differ between them.
Costs that depend on you
- Parking: season parking at your HDB block or condo, plus parking at work and when out.
- Fuel: your mileage and the pump price.
- ERP: your routes and the hours you drive them.
- Servicing: the maker's schedule, plus tyres, brakes and a battery over the years. Ask for the service record.
- Depreciation: what you pay against what the car fetches later in its COE life.
Summary of yearly costs we can show
For the V40 Cross Country D2 (1,560cc):
- Road tax: S$719.44 a year before any age surcharge (LTA's formula, checked 2026-10-19)
- Insurance, standard driver: from S$764.82 a year (20 October 2026)
- Insurance, no NCD: from S$1,098.76
- Insurance, a car 8 years old: from S$700.28
For reference, Category A closed at S$130,001 and Category B at S$130,100 in the October 2026 1st round.
Before you buy: car insurance for the Volvo V40 Cross Country
Before you drive off, get your car insurance through Shenton Brokers. Compare car insurance for the Volvo V40 Cross Country 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.