BYD Atto 2 Premium cost to own in Singapore — the true 5-year total
As of August 6, 2026, the BYD Atto 2 Premium costs S$166,888 on the road (price with COE). Over 5 years, owning one (EV) costs about S$123,408 in Singapore — S$2,057/month, S$1.41/km — where COE and ARF, not electricity, dominate. That's S$5,998 less than a comparable Toyota Corolla Altis 1.6 Elegance over the same 5 years.
COE is set by a biweekly auction and swings thousands of dollars — every figure here uses the S$124,790 (Cat A) / S$126,236 (Cat B) COE assumption. Confirm the current COE before you commit; it is the single biggest line in the price. Source: LTA registration-cost sheet, 2026-08-06.
EV Early Adoption Incentive: the EEAI (45% off ARF, capped S$7,500) is baked into the EV figures for 2026 registrations — and it sunsets 31 Dec 2026. Register a BEV from 2027 and it costs more. Source: LTA.
BYD Atto 2 Premium · Singapore · 5-year estimateS$123,408 total · S$2,057/mo · S$1.41/km
Where the money really goes — COE + ARF dwarf the fuel
The registered price with COE for the BYD Atto 2 Premium is S$166,888. COE + ARF alone are S$124,790 of that — many multiples of the electricity or petrol you'll ever buy. That is the honest story of Singapore car cost.
- COE (quota licence)
- S$124,790biweekly auction · dominates the price
- ARF (net of VES / EEAI)
- S$0gross S$22,850 − VES rebate S$22,500 − EEAI S$7,500
- OMV (open-market value)
- S$22,036declared import value
- Excise (20%) + GST (9%)
- S$6,787on OMV
- Registration fee
- S$350LTA flat
- Dealer margin
- S$12,925backed out of the retail price
- Registered price (with COE)
- S$166,888what you pay to put it on the road
- Recovered at de-registration (yr 5)
- S$82,888unused COE S$62,395 + PARF S$0 + residual value S$20,493
How depreciation works here: it is the registered "price with COE" minus what you get back at de-registration — the unused COE (rebatable over the 10-year licence), the PARF rebate (a capped % of ARF paid), and the car's remaining market value. Where a published Singapore depreciation figure exists (PaperValue / sgCarMart), we use it — the straight-line S$/yr buyers actually quote. That is why the S$100k+ upfront, not electricity or petrol, dominates the 5-year total. What you'd get back at deregistration (official PARF + COE rebate) →
Where the money goes — full 5-year breakdown
| Cost component | Electric · BYD Atto 2 Premium | Petrol · Toyota Corolla Altis 1.6 |
|---|---|---|
| Depreciation (estimated) | S$84,000 (68%) | S$82,000 (63%) |
| Charging / fuel | S$5,715 (5%) | S$19,152 (15%) |
| ↳ of which charging loss | 10% (~S$572) | — |
| Maintenance | S$3,500 (3%) | S$5,250 (4%) |
| Insurance | S$10,000 (8%) | S$8,000 (6%) |
| Financing interest | S$12,686 (10%) | S$11,296 (9%) |
| Registration & fees | S$7,508 (6%) | S$3,709 (3%) |
| Total cost of ownership | S$123,408 | S$129,406 |
The Depreciation line above is where COE + ARF live — Singapore's honest cost centre. The Charging / fuel line is small by comparison.
BYD Atto 2 Premium specs & assumptions
- Price with COE
- S$166,888dealer
- OMV
- S$22,036declared import value
- Powertrain
- Electric
- Efficiency
- 16.9 kWh/100kmWLTP
- COE category
- Cat A · assumed S$124,790LTA
- Singapore electricity
- 34.78c/kWhSP Group
- Annual km (assumed)
- 17,500LTA average
Cost to charge the BYD Atto 2 Premium at home
The BYD Atto 2 Premium runs about S$6.53 per 100 km at home — versus about S$23.94 for a typical 7 L/100km petrol car. Home charging only (the ~10% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Per 100 km at home
- S$6.5316.9 kWh/100km + 10% charging loss × S$0.35/kWh
- A typical 7 L/100km petrol car
- S$23.94/100kmat S$3.42/L — for comparison
What the numbers say
- The BYD Atto 2 Premium comes out S$5,998 ahead of the Toyota Corolla Altis 1.6 Elegance over 5 years — a real result, but slim enough that one COE exercise moving the other way would erase it.
- On cost per month the BYD Atto 2 Premium ranks #1 of 12 SUV models we price in Singapore.
What the Singapore stack does to the BYD Atto 2 Premium specifically
The BYD Atto 2 Premium declares an OMV of S$22,036 — the import value every Singapore tax on it is computed from. That produces S$22,850 of gross ARF before any adjustment. Its VES band A takes S$22,500 back off that ARF (≤90 g/km CO2 (efficient BEVs, via 0.4 g CO2/Wh factor) → S$22,500 rebate), and the 2026-only EEAI a further S$7,500. It registers in COE category A, so this page prices it at the S$124,790 Cat A assumption — 75% of its S$166,888 registered price on its own, and COE plus ARF together are 75% of it. For scale, the COE alone is about 22× everything the BYD Atto 2 Premium will spend on electricity in 5 years (S$5,715).
The Singapore market quotes depreciation on this car at S$16,800/yr (Estimate by close analogy to Atto 3 (PaperValue S$17,400/yr); no standalone figure yet (2026 launch)) — that published figure, not a residual curve of ours, is what drives the 5-year total above. Road tax on the BYD Atto 2 Premium is assessed on motor power — 100 kW, plus the flat S$700/yr Additional Flat Component every EV pays in lieu of fuel duty.