2024 Morgan Super 3True Cost of Ownership in Singapore
118 hp inline-3. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$92K
Base: $60K
Annual Total
$33K
Insurance + fuel + maintenance
Import Duty
$25K
41% of base price
VAT
$8K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$258K
Purchase + 5yr running costs
2024 Morgan Super 3 — 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) | $60K |
| Import Duty (41%) | $25K |
| VAT / Sales Tax (9%) | $8K |
| Total Purchase Price | $92K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $5K |
| Annual Depreciation | $13K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $33K |
| 5-Year Total Cost of Ownership | $258K |
| Cost Per Kilometer | $2.217 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Morgan Super 3 Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,850
USD equivalent
Monthly Fuel Cost
$238
Per month average
Annual Liters Used
1,500L
At 15,000 km/yr
Cost per 100km
$19.00
10L × S$1.90
Morgan Super 3 Depreciation Curve
The Morgan Super 3 loses approximately $30K (50%) of its value over 5 years.
Year-by-Year Value
| New | $60K | 100% |
| Year 1 | $47K | 78% |
| Year 2 | $41K | 68% |
| Year 3 | $36K | 60% |
| Year 4 | $32K | 54% |
| Year 5 | $30K | 50% |
Depreciation based on sports segment averages.
Morgan Super 3 vs. Competitors in Singapore
How does the Morgan Super 3 compare to similar cars available in Singapore?
Morgan
Super 3
Base Price
$60K
Annual Cost in Singapore
$33K
Porsche
718 Cayman
Base Price
$65K
Annual Cost in Singapore
$14K
BMW
M2
Base Price
$63K
Annual Cost in Singapore
$14K
Toyota
GR86
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 = 57% 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
Morgan Super 3 in Singapore — Frequently Asked Questions
Common questions about owning a Morgan Super 3 in Singapore.
The 2024 Morgan Super 3 has a base price of $60,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $92,214 USD (S$92,214 SGD).