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How Much Does It Cost To Own A BYD In Singapore

Would you buy a BYD rather than a Tesla?


In Q4 of 2023, BYD overtook Tesla, becoming the world’s top electric vehicle manufacturer by 45,000 vehicles.

BYD has also overtaken Tesla in electric vehicle sales in Q1 of 2023. What may come as a surprise to most people is that BYD has already been in Singapore for a decade. Recent government subsidies and increasing charging infrastructure has also led to greater adoption of electric vehicles.

With a lineup of 4 models comprising of a MPV, SUV, sedan and hatchback, BYD cars are becoming more commonplace on our roads. This could be due to the low-cost nature of the cars, as compared to other options in the market. As such, here is how much one can expect to pay for a BYD in Singapore.

Read Also: Electric Cars You Can Buy In Singapore (That Are Cheaper Than The Tesla Model 3)

BYD Cars Pricing Packages

The price of the cars depends on the packages chosen. The Base and Savers packages are cheaper, but they do not guarantee COE, which may mean a longer wait for your car. The $16,350 deposit is only refundable after 6 unsuccessful bids for the Base package, and 8 unsuccessful bids for Savers package. The Excite package guarantees COE within 6 bids.

Buyers will get a rebate if the COE is below the stipulated sum for each of the following packages:

Savers Package Base Package Excite Package
Cat A $70,000 $80,000 $89,000
Cat B $70,000 $80,000 $90,000
Cat E No Rebate No Rebate No Rebate

 

BYD Atto 3

Source: BYD

The midsized SUV comes in 2 models to qualify for different COE categories with the extended range being for category A and the normal ATTO 3 for category B.

For both models, customers can select the $4,000 CarbonEdge option for which the car has a blackened front grille-bar, window-surround trims, roof and rear spoiler. In the interior there will be black seats with red stitching on them along with a front boot or trunk.

  BYD ATTO 3 Extended Range BYD ATTO 3
Range 420km 420km
kWh/100km 16 kWh/100km 14.93 kWh/100km
0 – 100km/h 10.1 Seconds 7.3 Seconds
Savers Package
Non-Guaranteed COE
$180,888 $197,888
Base Package
Non-Guaranteed COE
$190,888 $207,888
Excite Package
Guaranteed COE
$197,888 $214,888

 

BYD Seal

Source: BYD

The BYD Seal is a sedan with 3 different variants, all of which are classified under Category B for COE. Each of the 3 models have different range and engine performance, which results in a different price for each model.

Dynamic
(61.4 kWh)
Premium
(82.6 kWh)
Performance
(82.6 kWh)
Range 460km 570km 520km
kWh/100km 15.38 kWh/100km 16.67 kWh/100km 18.18 kWh/100km
0 – 100km/h 7.5 Seconds 5.9 Seconds 3.8 Seconds
Savers Package
Non-Guaranteed COE
$211,888 $210,888 $242,888
Base Package
Non-Guaranteed COE
$221,888 $220,888 $252,888
Excite Package
Guaranteed COE
$231,888 $230,888 $262,888

 

BYD E6 And E6 Advance Edition

Source: BYD

Featuring a range of 522km on a full charge, this MPV is able to get a full charge in 1 hour and 30 minutes. There are 2 variants for this model and both fall under category A COE.

  Standard ADVANCE Edition
0-100km/h 8s 15.5s
Battery Capacity 80kWh 71.7kWh
Range 400km 522km
kWh/100km 17.1kWh/100km 17.1kWh/100km
Savers Package
Non-Guaranteed COE
$164,888 $168,888
Base Package
Non-Guaranteed COE
$174,888 $178,888
Excite Package
Guaranteed COE
$184,888 $188,888

 

BYD Dolphin

Source: BYD

The BYD Dolphin is a hatchback that is the most affordable out of all the other BYD vehicles. Being categorised in A1 under the Vehicular Emissions Scheme (VES) also means a $25,000 rebate, further lowering the cost of this vehicle.

  Dynamic
Range 340km
kWh/100km 15.15
0 – 100km/h 12.3 Seconds
Savers Package
Non-Guaranteed COE
$164,888
Base Package
Non-Guaranteed COE
$174,888
Excite Package
Guaranteed COE
$184,888

Read Also: How Much Will It Cost To Buy And Own The Tesla Model 3 In Singapore?

Rebates When Buying A BYD Car In Singapore

Rebates differ for electric vehicles as compared to normal cars. For example, the EV Early Adoption Incentive (EEAI) awards a 45% rebate off the additional registration fee, capped at $15,000.

Rebate Details Amount
EV Early Adoption Incentive 45% rebate off Additional Registration Fee (ARF), capped at $15,000 Up to $15,000
Enhances Vehicular Emissions Scheme Depending on VES banding $25,000 (A1)
$5,000 (A2)

 

BYD Is Competitively Priced Compared To Other EV Manufacturers

BYD offers relatively competitive pricing for their models, considering the features included with the car. For example, comparing the category A Atto 3 Extended Range to the Hyundai Kona, MG ZS and the Kia Niro, the range is significantly higher.

(Category A) Range kWh/100km Price
ATTO 3 Extended Range 565km 16 kWh/100km $180,888
MG ZS 320km 17.54 kWh/100km $164,888
Kia Niro 460km 16.2 kWh/100km $197,999
Hyundai Kona Standard Range 456km 12.1 kWh/100km $219,888

For the category B COE, BYD has the Seal Performance to offer. Its competitors include the Tesla Model 3 Performance and Mercedes-Benz EQE, both of which are under Category B and have the VES A1 rebate of $25,000.

(Category B) Range kWh/100km Price
BYD Seal Performance 520km 18.18 kWh/100km $242,888
Tesla Model 3 Performance Dual Motor 528km 14.2 kWh/100km $250,831
Mercedes-Benz EQE 669km 20.8 kWh/100km $381,888

 

Additional Costs When You Own An EV Car In Singapore

With an electric car, the main bulk of costs will be for charging the vehicle. All BYD models are compatible with both AC/DC charging, allowing for both home and charging points to be used.

One way owners can cut costs is to install a home charger and connect to a solar panel grid, effectively reducing driving costs. Additional unused energy can be sold back to the grid, further reducing costs.

Maintenance is another big cost for electric cars due to natural battery degradation. Although fewer parts are involved as compared to an internal combustion car, the costs for replacing parts such as the electric motor and battery are higher.

Taxes such as road tax and COE also differ depending on the power output and capacity of the car battery.

COE Category Limit
Category A Under or equivalent to 110kW
Category B Above 110 kW

 

You can reference this handy guide for a summary on how much it costs to buy a BYD car in Singapore:

How Much It Costs To Own A BYD In Singapore

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