🇸🇬Singapore · economy

2025 Honda WR-VTrue Cost of Ownership in Singapore

121 hp inline-4, popular compact SUV. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.

Annual cost =34%of avg Singapore income

Purchase Price

$29K

Base: $19K

Annual Total

$20K

Insurance + fuel + maintenance

Import Duty

$8K

41% of base price

VAT

$2K

9% applied

Annual Insurance

$3K

Avg for this country

5-Year Total

$127K

Purchase + 5yr running costs

2025 Honda WR-V — Full Cost Breakdown in Singapore

Every cost component from purchase to 5-year ownership. All figures in USD equivalent.

Cost ComponentAmount (USD)
Base Price (MSRP)$19K
Import Duty (41%)$8K
VAT / Sales Tax (9%)$2K
Total Purchase Price$29K
Annual Insurance$3K
Annual Fuel Cost$2K
Annual Maintenance$2K
Annual Depreciation$4K
Registration & Road Tax$9K
Total Annual Running Cost$20K
5-Year Total Cost of Ownership$127K
Cost Per Kilometer$1.301

For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.

Honda WR-V Fuel Cost Calculator — Singapore

Adjust your annual mileage and local fuel price to calculate your exact fuel costs.

Adjust Your Usage

15,000 km
5,000 km50,000 km
S$1.90
S$0.01Current: S$1.90S$3.50
Fuel efficiency: 6L per 100km (typical for economy segment)

Annual Fuel Cost

$1,710

USD equivalent

Monthly Fuel Cost

$143

Per month average

Annual Liters Used

900L

At 15,000 km/yr

Cost per 100km

$11.40

6L × S$1.90

Honda WR-V Depreciation Curve

The Honda WR-V loses approximately $9K (49%) of its value over 5 years.

Year-by-Year Value

New$19K100%
Year 1$15K80%
Year 2$13K70%
Year 3$12K62%
Year 4$11K56%
Year 5$10K51%

Depreciation based on economy segment averages.

Honda WR-V vs. Competitors in Singapore

How does the Honda WR-V compare to similar cars available in Singapore?

★ This Car

Honda

WR-V

Base Price

$19K

Annual Cost in Singapore

$20K

121 hp inline-4, popular compact SUV

Toyota

Yaris

Base Price

$22K

Annual Cost in Singapore

$4K

Best reliability, lowest maintenance

Honda

Fit

Base Price

$21K

Annual Cost in Singapore

$4K

Excellent fuel economy, spacious interior

Hyundai

i20

Base Price

$20K

Annual Cost in Singapore

$4K

Long warranty, good value features

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.

⚠️

Moderate for Singapore

Annual car costs = 34% 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

ToyotaHondaVolkswagen

Honda WR-V in Singapore — Frequently Asked Questions

Common questions about owning a Honda WR-V in Singapore.

The 2025 Honda WR-V has a base price of $19,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $29,201 USD (S$29,201 SGD).