This shortlist is for buyers looking at an SUV with a list price under S$250,000. It covers eight cars. Each has at least one version listed under that figure on 10 October 2026. Those list prices include COE as it stood that day. They are not today's prices.
The cars run in order of today's lowest premium, lowest first. That premium is for a standard driver. The driver is aged 40, married and has been driving for 10 to 19 years. The driver has a 50% no-claim discount, a 3-year-old car and comprehensive cover. Treat each premium as an example. Your own quote will depend on your own details.
How to read each entry
Every entry gives the same five facts in the same order:
- Body type
- Engine or motor
- Versions listed, with list price and power
- Road tax a year
- Lowest premium today, and how many insurers quoted
Some cars also have versions listed above S$250,000. They are shown so the range is complete, and they are marked as over the limit. Each car has its own price page, linked at the end of its entry.
The shortlist
Honda Vezel
- Body type: SUV
- Engine: 1,496cc, petrol or petrol-electric
- Versions listed: 1.5 X Honda Sensing e:HEV petrol-electric, S$228,500, 105bhp; 1.5 G Honda Sensing petrol, S$189,700, 117bhp; 1.5 G Honda Sensing 4WD petrol, S$204,000, 117bhp
- Road tax: S$681.90 a year
- Lowest premium today: S$3.59 (about S$4), from 28 insurers
All three versions are listed under S$250,000. The range includes a 4WD petrol version and a petrol-electric version. See the Honda Vezel price page.
BYD Atto 3
- Body type: SUV
- Motor: electric
- Versions listed: Evo 60.48 kWh electric, S$184,888, 134bhp
- Road tax: S$1,501.56 a year, for a 100kW motor
- Lowest premium today: S$13.55 (about S$14), from 23 insurers
One version is listed. Its road tax is higher than that of the petrol SUVs here with smaller engines. LTA's OneMotoring site explains how road tax for electric cars is worked out. See the BYD Atto 3 price page.
Honda HR-V
- Body type: SUV
- Engine: 1,496cc, petrol or petrol-electric
- Versions listed: 1.5 DX petrol, S$198,899, 117bhp; 1.5 DX+ petrol, S$201,899, 117bhp; 1.5 HX e:HEV petrol-electric, S$208,899, 139bhp
- Road tax: S$681.90 a year
- Lowest premium today: S$18.27 (about S$18), from 27 insurers
All three versions are listed under S$250,000. The road tax matches the Vezel's. See the Honda HR-V price page.
Toyota Yaris Cross
- Body type: SUV
- Engine: 1,490cc, petrol or petrol-electric
- Versions listed: 1.5 G petrol-electric, S$188,800, 114bhp; 1.5 X petrol-electric, S$184,100, 114bhp; 1.5 X petrol, S$178,000, 118bhp; 1.5 Active petrol-electric, S$211,888, 110bhp
- Road tax: S$678.38 a year
- Lowest premium today: S$18.27 (about S$18), from 27 insurers
This car has four versions, all under S$250,000. The 1.5 X petrol, at S$178,000, has the lowest list price of any version on this shortlist. Its lowest premium today is the same as the HR-V's. See the Toyota Yaris Cross price page.
Hyundai Kona
- Body type: SUV
- Engine: 1,591cc, petrol-electric
- Versions listed: 1.6 Elite petrol-electric, S$214,999, 129bhp; 1.6 S petrol-electric, S$204,999, 129bhp
- Road tax: S$737.62 a year
- Lowest premium today: S$21.31 (about S$21), from 27 insurers
Both versions are petrol-electric and share the same power figure. Both are listed under S$250,000. See the Hyundai Kona price page.
Mazda CX-5
- Body type: SUV
- Engine: 1,998cc, petrol-electric
- Versions listed: 2.0 Luxury petrol-electric, S$245,888, 162bhp; 2.0 Luxury Sports petrol-electric, S$265,888, 162bhp (over S$250,000)
- Road tax: S$1,209.76 a year
- Lowest premium today: S$21.31 (about S$21), from 28 insurers
Only the 2.0 Luxury is listed under S$250,000. The CX-5 has the largest engine on this list, and its road tax is the highest of the petrol-engined cars here. See the Mazda CX-5 price page.
Mercedes-Benz GLA
- Body type: SUV
- Engine: 1,332cc, petrol or petrol-electric
- Versions listed: GLA200 Sport petrol, S$231,800, 161bhp; GLA180 AMG Line petrol-electric, S$266,388, 129bhp (over S$250,000); GLA200 AMG Line petrol-electric, S$306,000, 161bhp (over S$250,000)
- Road tax: S$585.72 a year
- Lowest premium today: S$76.61 (about S$77), from 25 insurers
Only the GLA200 Sport is listed under S$250,000. The GLA has the smallest engine and the lowest road tax on this shortlist. Its lowest premium today is higher than those of the cars above it. See the Mercedes-Benz GLA price page.
Tesla Model Y
- Body type: SUV
- Motor: electric
- Versions listed: L Premium AWD 88 kWh electric, S$262,999, 507bhp (over S$250,000); Premium Long Range RWD 84 kWh electric, S$236,999, 295bhp; Premium RWD 110 62.5 kWh electric, S$216,999, 148bhp
- Road tax: S$5,399.82 a year for a 378kW motor; S$2,205.36 a year for a 220kW motor
- Lowest premium today: S$114.53 (about S$115), from 21 insurers
Two versions are listed under S$250,000. Road tax is shown at two levels, by motor power. Check on OneMotoring which figure applies to the version you are looking at. See the Tesla Model Y price page.
What the premiums show
Today's lowest premiums on this list range from S$3.59 for the Vezel to S$114.53 for the Model Y. The number of insurers quoting runs from 21 to 28. Two cars share a figure of S$18.27, and two more share S$21.31.
The two electric cars sit far apart. The Atto 3 is second on the list, and the Model Y is last. So the type of power alone does not set the order. For more on how insurers look at the two, see electric vs petrol car insurance.
These are lowest premiums for one standard driver. A younger driver, a lower no-claim discount or a new car could all give a different result. The no-claim discount guide explains how that discount builds up.
How to choose between them
The list price is the largest single cost. On this shortlist, versions under S$250,000 run from S$178,000 to S$245,888 as listed on 10 October 2026. Those prices included COE that day. COE premiums move with each bidding exercise, so ask the seller for a current price. The COE guide explains how the bidding works.
Road tax is a yearly cost, so compare it over the years you plan to keep the car. On this list it runs from S$585.72 a year for the GLA to S$5,399.82 a year for the 378kW Model Y. See the road tax guide for how it is set.
Insurance is another yearly cost. Here are points to compare when you get quotes:
- Your own profile. Get quotes for your age, driving years and no-claim discount, not the standard driver's.
- The exact version. Power and engine size can differ between versions of one car.
- The excess. A low premium can come with a higher excess. The car insurance excess guide explains what it means.
- Workshop choice. Some policies limit repairs to set workshops. See authorised or any workshop.
- Number of quotes. More insurers quoting gives you more to compare.
Also check what each version offers for the price. Some cars here come in petrol, petrol-electric and 4WD forms. Others come in one form only. Look at the full version list for each car, and note which versions are over S$250,000.
To set the cars against each other on cost, open each price page and compare the figures side by side. The compare page and the price pages show today's quotes and who offers them.
Car insurance through Shenton Brokers
Before you drive off or renew, get your car insurance through Shenton Brokers. See which cars cost least to insure, or look up your own model's prices from every insurer we compare. Or get a quote with your own details.