2024 Mercedes-Benz GLBTrue Cost of Ownership in Singapore
221 hp turbocharged inline-4, compact luxury SUV. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$65K
Base: $42K
Annual Total
$34K
Insurance + fuel + maintenance
Import Duty
$17K
41% of base price
VAT
$5K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$235K
Purchase + 5yr running costs
2024 Mercedes-Benz GLB — 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) | $42K |
| Import Duty (41%) | $17K |
| VAT / Sales Tax (9%) | $5K |
| Total Purchase Price | $65K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $8K |
| Annual Depreciation | $11K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $34K |
| 5-Year Total Cost of Ownership | $235K |
| Cost Per Kilometer | $2.275 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Mercedes-Benz GLB Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$3,420
USD equivalent
Monthly Fuel Cost
$285
Per month average
Annual Liters Used
1,800L
At 15,000 km/yr
Cost per 100km
$22.80
12L × S$1.90
Mercedes-Benz GLB Depreciation Curve
The Mercedes-Benz GLB loses approximately $23K (54%) of its value over 5 years.
Year-by-Year Value
| New | $42K | 100% |
| Year 1 | $32K | 75% |
| Year 2 | $27K | 65% |
| Year 3 | $24K | 57% |
| Year 4 | $21K | 51% |
| Year 5 | $19K | 46% |
Depreciation based on luxury segment averages.
Mercedes-Benz GLB vs. Competitors in Singapore
How does the Mercedes-Benz GLB compare to similar cars available in Singapore?
Mercedes-Benz
GLB
Base Price
$42K
Annual Cost in Singapore
$34K
BMW
3 Series
Base Price
$45K
Annual Cost in Singapore
$12K
Mercedes-Benz
C-Class
Base Price
$47K
Annual Cost in Singapore
$13K
Audi
A4
Base Price
$44K
Annual Cost in Singapore
$12K
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 = 59% 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
Mercedes-Benz GLB in Singapore — Frequently Asked Questions
Common questions about owning a Mercedes-Benz GLB in Singapore.
The 2024 Mercedes-Benz GLB has a base price of $42,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $64,550 USD (S$64,550 SGD).
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