2024 Honda Ridgeline RTL-ETrue Cost of Ownership in Singapore
280 hp V6. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$69K
Base: $45K
Annual Total
$28K
Insurance + fuel + maintenance
Import Duty
$18K
41% of base price
VAT
$6K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$209K
Purchase + 5yr running costs
2024 Honda Ridgeline RTL-E — 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) | $45K |
| Import Duty (41%) | $18K |
| VAT / Sales Tax (9%) | $6K |
| Total Purchase Price | $69K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $4K |
| Annual Maintenance | $4K |
| Annual Depreciation | $8K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $28K |
| 5-Year Total Cost of Ownership | $209K |
| Cost Per Kilometer | $1.867 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Ridgeline RTL-E Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,705
USD equivalent
Monthly Fuel Cost
$309
Per month average
Annual Liters Used
1,950L
At 15,000 km/yr
Cost per 100km
$24.70
13L × S$1.90
Honda Ridgeline RTL-E Depreciation Curve
The Honda Ridgeline RTL-E loses approximately $21K (46%) of its value over 5 years.
Year-by-Year Value
| New | $45K | 100% |
| Year 1 | $37K | 82% |
| Year 2 | $33K | 73% |
| Year 3 | $29K | 65% |
| Year 4 | $27K | 59% |
| Year 5 | $24K | 54% |
Depreciation based on truck segment averages.
Honda Ridgeline RTL-E vs. Competitors in Singapore
How does the Honda Ridgeline RTL-E compare to similar cars available in Singapore?
Honda
Ridgeline RTL-E
Base Price
$45K
Annual Cost in Singapore
$28K
Ford
F-150
Base Price
$35K
Annual Cost in Singapore
$9K
Chevrolet
Silverado
Base Price
$34K
Annual Cost in Singapore
$8K
Toyota
Tacoma
Base Price
$30K
Annual Cost in Singapore
$8K
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 = 48% 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 Ridgeline RTL-E in Singapore — Frequently Asked Questions
Common questions about owning a Honda Ridgeline RTL-E in Singapore.
The 2024 Honda Ridgeline RTL-E has a base price of $45,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $69,161 USD (S$69,161 SGD).
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Honda Ridgeline RTL-E in Other Countries
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