2020 Ultima RSTrue Cost of Ownership in Singapore
1,020 hp, kit car hypercar. Full cost breakdown including import duty (41%), VAT (9%), insurance, fuel at S$1.9/L, maintenance, and depreciation.
Purchase Price
$307K
Base: $200K
Annual Total
$98K
Insurance + fuel + maintenance
Import Duty
$82K
41% of base price
VAT
$25K
9% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$800K
Purchase + 5yr running costs
2020 Ultima RS — 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) | $200K |
| Import Duty (41%) | $82K |
| VAT / Sales Tax (9%) | $25K |
| Total Purchase Price | $307K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $6K |
| Annual Maintenance | $50K |
| Annual Depreciation | $30K |
| Registration & Road Tax | $9K |
| Total Annual Running Cost | $98K |
| 5-Year Total Cost of Ownership | $800K |
| Cost Per Kilometer | $6.565 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ultima RS Fuel Cost Calculator — Singapore
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$6,270
USD equivalent
Monthly Fuel Cost
$523
Per month average
Annual Liters Used
3,300L
At 15,000 km/yr
Cost per 100km
$41.80
22L × S$1.90
Ultima RS Depreciation Curve
The Ultima RS loses approximately $70K (35%) of its value over 5 years.
Year-by-Year Value
| New | $200K | 100% |
| Year 1 | $170K | 85% |
| Year 2 | $156K | 78% |
| Year 3 | $144K | 72% |
| Year 4 | $136K | 68% |
| Year 5 | $130K | 65% |
Depreciation based on hypercar segment averages.
Ultima RS vs. Competitors in Singapore
How does the Ultima RS compare to similar cars available in Singapore?
Ultima
RS
Base Price
$200K
Annual Cost in Singapore
$98K
Bugatti
Chiron
Base Price
$3.0M
Annual Cost in Singapore
$350K
Koenigsegg
Jesko
Base Price
$3.0M
Annual Cost in Singapore
$320K
Pagani
Huayra
Base Price
$1.4M
Annual Cost in Singapore
$180K
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.
Very Expensive for Singapore
Annual car costs = 170% 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
Ultima RS in Singapore — Frequently Asked Questions
Common questions about owning a Ultima RS in Singapore.
The 2020 Ultima RS has a base price of $200,000 USD. In Singapore, after 41% import duty and 9% VAT, the total purchase price is approximately $307,380 USD (S$307,380 SGD).