2023 Aznom PalladiumTrue Cost of Ownership in Singapore
630 hp twin-turbo V8. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$953K
Base: $620K
Annual Total
$143K
Insurance + fuel + maintenance
Import Duty
$254K
41% of base price
VAT
$79K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$1.7M
Purchase + 5yr running costs
2023 Aznom Palladium — Full Cost Breakdown in Singapore
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $620K |
| Import Duty (41%) | $254K |
| VAT / Sales Tax (9%) | $79K |
| Total Purchase Price | $953K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $4K |
| Annual Depreciation | $124K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $143K |
| 5-Year Total Cost of Ownership | $1.7M |
| Cost Per Kilometer | $9.529 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Aznom Palladium Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,135
USD equivalent
Monthly Fuel Cost
$261
Per month average
Annual Liters Used
1,650L
At 15,000 km/yr
Cost per 100km
$20.90
11L × S$1.90
Aznom Palladium Depreciation Curve
The Aznom Palladium loses approximately $304K (49%) of its value over 5 years.
Year-by-Year Value
| New | $620K | 100% |
| Year 1 | $496K | 80% |
| Year 2 | $434K | 70% |
| Year 3 | $384K | 62% |
| Year 4 | $347K | 56% |
| Year 5 | $316K | 51% |
Depreciation based on suv segment averages.
Aznom Palladium vs. Competitors in Singapore
How does the Aznom Palladium compare to similar cars available in Singapore?
Aznom
Palladium
Base Price
$620K
Annual Cost in Singapore
$143K
Toyota
RAV4
Base Price
$32K
Annual Cost in Singapore
$8K
Honda
CR-V
Base Price
$31K
Annual Cost in Singapore
$7K
Mazda
CX-5
Base Price
$30K
Annual Cost in Singapore
$7K
Annual costs estimated for Singapore market. Import duty (41%) and VAT (9%) applied to all models.
🇸🇬 Owning a Car in Singapore
COE system adds $50K–$100K to car cost.
Very Expensive for Singapore
Annual car costs = 246% of average Singapore income ($58K/yr)
Average Annual Income
$58K
In Singapore
Fuel Price
S$1.90/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
41%
On vehicle value
VAT / Sales Tax
9%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Singapore
Aznom Palladium in Singapore — Frequently Asked Questions
Common questions about owning a Aznom Palladium in Singapore.
The 2023 Aznom Palladium has a base price of $620,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $952,878 USD (S$952,878 SGD).