2024 Honda Accord TouringTrue Cost of Ownership in Singapore
192 hp turbocharged inline-4. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$58K
Base: $38K
Annual Total
$26K
Insurance + fuel + maintenance
Import Duty
$16K
41% of base price
VAT
$5K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$187K
Purchase + 5yr running costs
2024 Honda Accord Touring — 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) | $38K |
| Import Duty (41%) | $16K |
| VAT / Sales Tax (9%) | $5K |
| Total Purchase Price | $58K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $26K |
| 5-Year Total Cost of Ownership | $187K |
| Cost Per Kilometer | $1.709 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Accord Touring Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,280
USD equivalent
Monthly Fuel Cost
$190
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$15.20
8L × S$1.90
Honda Accord Touring Depreciation Curve
The Honda Accord Touring loses approximately $21K (54%) of its value over 5 years.
Year-by-Year Value
| New | $38K | 100% |
| Year 1 | $30K | 78% |
| Year 2 | $25K | 67% |
| Year 3 | $22K | 58% |
| Year 4 | $19K | 51% |
| Year 5 | $17K | 46% |
Depreciation based on mid-range segment averages.
Honda Accord Touring vs. Competitors in Singapore
How does the Honda Accord Touring compare to similar cars available in Singapore?
Honda
Accord Touring
Base Price
$38K
Annual Cost in Singapore
$26K
Toyota
Camry
Base Price
$28K
Annual Cost in Singapore
$7K
Honda
Accord
Base Price
$30K
Annual Cost in Singapore
$7K
Mazda
Mazda6
Base Price
$27K
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.
Expensive for Singapore
Annual car costs = 44% 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
Honda Accord Touring in Singapore — Frequently Asked Questions
Common questions about owning a Honda Accord Touring in Singapore.
The 2024 Honda Accord Touring has a base price of $38,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $58,402 USD (S$58,402 SGD).