A new Rolls-Royce in Singapore is a seven-figure car. Through the authorised dealer, the cheapest model in the range, the Ghost, lands around the high $400,000s to $470,000 before options, the electric Spectre runs roughly $580,000 to $620,000, the Cullinan SUV sits near $570,000 to $690,000, and the Phantom flagship tops $750,000. Buy through a parallel importer with a fresh COE and the all-in figures climb past a million: listings have shown a Ghost Series II near $1.32 million and a Phantom near $2.38 million. The reason is not the car. It is the Certificate of Entitlement, which closed at $123,502 for Category B in the June 2026 second bidding, and the Additional Registration Fee, which taxes the top slice of a Rolls-Royce's import value at 320%. This guide breaks down what a Rolls-Royce actually costs to buy and keep here, with the verified 2026 numbers, so you can see exactly where a million dollars goes.
Two prices matter. The authorised-dealer price, quoted by Rolls-Royce Motor Cars Singapore, and the parallel-import price you see on listing sites. Both include the COE and all taxes, because in Singapore a car is sold on-the-road, not ex-factory.
Authorised-dealer indicative prices in 2026 run roughly from the high $400,000s for a base Ghost to over $750,000 for a Phantom, before the personalisation that almost every buyer adds. Parallel imports, which bring in the car and bid for a separate COE, often list higher: a Ghost Series II has appeared around $1.32 million and a Phantom around $2.38 million on the used and grey market. The spread comes from specification, options and which COE the car carries.
Either way, more than half of what you pay is tax and a permit. The car's own import value, before any of that, is a fraction of the sticker. That is true of every car in Singapore, but on a Rolls-Royce the gap is enormous because the registration tax scales with value.
| Model | Body | Authorised-dealer guide price |
|---|---|---|
| Ghost | Sedan | ~$450,000 to $470,000 |
| Spectre | Electric coupe | ~$577,000 to $622,000 |
| Cullinan Series II | SUV | ~$571,000 to $690,000 |
| Phantom | Sedan (flagship) | ~$655,000 to $757,000 |
Rare, but less rare than you might think, and growing. LTA counted 771 Rolls-Royce cars on the road at the end of 2025, up from 769 a year earlier and 762 at the end of 2023. A decade before that the figure was 330, so the fleet has more than doubled despite the tax stack getting heavier.
Of the 771, only 17 were electric at the end of 2025, all of them the Spectre, with the remaining 754 the V12 petrol cars. The EV share is tiny but new: there were none until the Spectre arrived. For scale, the make sits between Bentley (just over 1,000) and the supercar tail of the register, a tiny slice of Singapore's roughly 650,000 cars.
The point for a buyer is liquidity. With under 800 examples in the country, the second-hand market is thin. A Phantom or a Black Badge in an unusual specification can take time to sell, which feeds back into how steep the depreciation feels when you come to exit.
| Year | Total cars | Of which electric |
|---|---|---|
| 2023 | 762 | Nil |
| 2024 | 769 | 13 |
| 2025 | 771 | 17 |
The sticker on a Rolls-Royce is built from four things: the car's import value, the COE permit, the registration tax, and a few smaller fees. On a mass-market car the tax stack roughly doubles the price. On a Rolls-Royce it does much more, because the biggest tax is charged as a rising percentage of value.
Start with the Open Market Value (OMV), the figure Singapore Customs assesses for the car based on its cost, insurance and freight. A Rolls-Royce has a high OMV, often in the low-to-mid six figures, and that high base is what every percentage-based tax then multiplies.
| Component | How it is calculated |
|---|---|
| OMV | Assessed by Singapore Customs (cost, insurance, freight) |
| Registration fee | $350 flat |
| Excise duty | 20% of OMV |
| GST | 9% of (OMV + excise duty) |
| ARF | Tiered 100% to 320% of OMV (most of it at 320%) |
| COE | Cat B $123,502 / Cat E $129,002 (Jun 2026) |
Before any car can be registered, it needs a Certificate of Entitlement, a permit to own a vehicle for 10 years. The number is capped and the price is set by a twice-monthly bidding war. A Rolls-Royce sits in Category B (cars above 1,600cc or 110kW) or the open Category E.
In the June 2026 second bidding exercise, Category B closed at $123,502 and Category E at $129,002. That is the same six-figure permit a buyer of a large family SUV pays. On a Rolls-Royce it barely registers as a line item, but it is still real money that buys nothing but the right to use the car for a decade.
The Additional Registration Fee is the main registration tax, charged on a rising scale against the OMV. For cars registered with a COE from February 2023, the rate runs from 100% on the first $20,000 of OMV up to 320% on everything above $80,000.
On a Rolls-Royce, almost the entire OMV falls in that top 320% band. Take an illustrative car with an OMV of $300,000: the ARF works out to roughly $840,000, because the slice above $80,000 alone (here $220,000) is taxed at 320% and adds $704,000. The ARF on a Rolls-Royce routinely costs more than the entire on-the-road price of a mainstream car.
On top of the COE and ARF sit three more charges. A flat registration fee of $350 applies to every car. Excise duty is 20% of the OMV. GST is 9%, charged on the OMV plus the excise duty. These are small in percentage terms, but on a high-OMV car the excise duty and GST alone run well into five or six figures. For the full mechanics that apply to any car, see our guide on the true cost of owning a car in Singapore.
The Singapore range mirrors the global one. All four core models share the same 6.75-litre V12, except the Spectre, which is fully electric. Each comes in a standard and a darker, more powerful Black Badge form, which costs more.
Prices below are 2026 authorised-dealer guides before personalisation. In practice almost nobody buys a base car: bespoke paint, leather, wood and starlight headliners can add tens or hundreds of thousands.
The entry point, if a car near half a million dollars can be called that. A V12 sedan aimed at owners who still sometimes drive themselves. Guide prices sit around $450,000 to $470,000, with the extended-wheelbase and Black Badge versions higher.
Rolls-Royce's first electric car, a large two-door coupe with a 430kW (about 577hp) dual-motor setup and a roughly 102kWh usable battery. Guide prices run around $577,000 to $622,000. Being electric, it pays road tax on motor power rather than engine size, which works out lower than the V12 cars (more on that below).
The SUV, and in many markets the best-seller. It carries the V12 and a high seating position, with guide prices around $571,000 to $690,000 depending on standard versus Black Badge. The high OMV pushes a large ARF, so it is one of the pricier ways into the range once optioned.
The flagship, built to be driven in rather than driven. Guide prices start past $655,000 and climb beyond $750,000, before the bespoke commissions Phantom buyers tend to order. Limited and centenary editions have listed at multiples of that.
Road tax on a Rolls-Royce is large by ordinary standards but small relative to the car. It is set by engine size for the V12 models and by motor power for the electric Spectre, not by price.
The 6.75-litre (6,749cc) V12 in the Ghost, Cullinan and Phantom falls in the top petrol band. The annual road tax works out to about $8,249, using the LTA formula of [$3,050 + $2 x (engine capacity - 3,000)] x 0.782. An older car adds a surcharge: 10% once it passes 10 years, rising to 50% past 14 years, which is why a decade-old Rolls-Royce can see road tax above $10,000.
The electric Spectre is taxed on its 430kW motor. The annual road tax comes to roughly $6,214, including the flat usage component that all electric cars pay. So the EV is cheaper to tax each year than its V12 siblings, the only running cost where it clearly wins.
| Model | Basis | Annual road tax |
|---|---|---|
| Ghost / Cullinan / Phantom | 6,749cc V12 | ~$8,249 |
| Spectre | 430kW electric | ~$6,214 (incl. flat component) |
Buying the car is the start. A Rolls-Royce carries the same categories of running cost as any car here, just scaled up, plus a few that ordinary cars never see.
Motor insurance is compulsory and renews yearly. On a car worth several hundred thousand dollars, full motor cover typically starts in the low five figures a year and rises with the owner's age, claims record and how the car is used. Parts and labour costs feed straight into the premium, and few mainstream insurers will quote at all, so cover often comes through a specialist or the dealer. For how premiums are set on ordinary cars, see our car insurance comparison guide.
Routine servicing on a V12 Rolls-Royce runs in the low-to-mid five figures a year through the authorised workshop. A major service, or replacing wear items like tyres and brakes, can add five figures more. Out-of-warranty repairs are open-ended: a single component can cost what a small used car does. The electric Spectre saves on engine servicing but its tyres, brakes and high-voltage components are not cheap.
The V12 cars are thirsty. At pump prices around $3.46 a litre for 95-octane in mid-2026, a Rolls-Royce driven normally burns several thousand dollars of premium fuel a year. The Spectre charges instead, which is cheaper per kilometre, though a 102kWh battery is not a quick or free top-up.
Parking, ERP and the usual road costs apply as they do to any car. The cost few list is the driver: a fair share of Phantom and Cullinan owners employ a chauffeur, which adds a salary on top of everything else. None of this is the car's depreciation, which is the real headline cost.
Stack the recurring costs and a Rolls-Royce runs into the tens of thousands a year before a single dollar of depreciation. The figures below are illustrative for a V12 car a few years old, kept and serviced through the authorised network and driven a normal annual mileage. Insurance, servicing and fuel swing widely with the owner and the car, so treat these as a planning range, not a quote.
Road tax is the one fixed, public number: about $8,249 a year for the 6.75-litre V12, rising once the car passes 10 years. Everything else depends on you. Add it up and a realistic running budget lands somewhere around $30,000 to $50,000 a year, and that is before the depreciation that dwarfs all of it. Our car cost calculator lets you model the full ownership cost of any car against your own numbers.
| Cost | Indicative range a year |
|---|---|
| Road tax | ~$8,249 (fixed, public formula) |
| Insurance | Low five figures and up |
| Servicing and wear items | Low-to-mid five figures |
| Fuel (95-octane, normal use) | Several thousand dollars |
| Parking, ERP, incidentals | Low four figures |
| Chauffeur (if employed) | A full salary on top |
Depreciation is the gap between what you paid and what you get back, and it is the largest cost of owning any car in Singapore. On a million-dollar car it is the largest cost by a wide margin.
When you deregister a car before its COE expires, you get back a PARF rebate (part of the ARF) plus any leftover COE value. The PARF rebate schedule was cut for cars registered on or after 13 February 2026, and the rebate is capped at $30,000 regardless of how large the ARF was. On a Rolls-Royce with an ARF of several hundred thousand dollars, that cap means you recover almost none of the registration tax you paid. The ARF is, in effect, money spent.
Put plainly: a buyer can lose hundreds of thousands of dollars in value over a few years, most of it the ARF that never comes back. This is why the smart-money view on luxury cars here is to buy used, where the first owner has already absorbed that hit, and let someone else fund the steepest fall.
If you are weighing a purchase like this against investing the same money, run both sides. Even a few hundred thousand dollars left in a low-cost fund instead of a depreciating car compounds into a very different number over a 10-year COE. Our compound interest calculator shows the opportunity cost in concrete terms.
| Age at deregistration | PARF rebate |
|---|---|
| Up to 5 years | 30% of ARF (max $30,000) |
| 5 to 10 years | Tapering down to 5% of ARF (max $30,000) |
| More than 10 years | Nil |
There are three ways to put a Rolls-Royce in your driveway, and they are not priced the same.
An authorised-dealer new car gives you the full warranty, factory bespoke options and the cleanest service history, at the highest entry price and the steepest early depreciation. A parallel-import new car can sometimes be had for less or arrive sooner, but warranty and after-sales support depend on the importer, and the all-in price still carries a fresh COE and full ARF. A used car from an earlier registration is by far the cheapest to own, because the previous owner already paid the ARF and ate the first years of depreciation, though you inherit a shorter remaining COE and out-of-warranty risk.
For pure cost, a well-kept used Rolls-Royce with a few years left on its COE is the rational choice. A 2011 Ghost has listed around $481,000 with seven years of a renewed COE left, against $1.3 million-plus for a new Ghost. You give up the latest model and the warranty; you keep several hundred thousand dollars.
You can borrow for a Rolls-Royce, within the same rules as any car. MAS caps a car loan at 60% or 70% of the purchase price depending on the OMV band, over a maximum of seven years, with interest quoted on a flat basis that works out higher than the headline rate suggests. On a $1 million car, even a 60% loan is $600,000 of debt, and the monthly figure runs into five figures.
To make that concrete: borrow $600,000 over seven years at a 3% flat rate and you repay roughly $7,143 in principal plus $1,500 in interest each month, near $8,650 a month, or about $726,000 in total. That is illustrative; the exact rate, tenure and any balloon depend on the lender. The point is that financing does not shrink the cost of the car, it only spreads it, and the interest is real money on top of an asset that is falling in value the whole time.
Whether you should is a different question from whether you can. A car that loses most of its value and costs five figures a year to insure and service is, financially, a consumption decision, not an asset. The honest test is whether the purchase dents your longer-term plan. If it does not, and the running costs are comfortable, it is a personal call. If you have to stretch the loan to its limit to make the monthly work, the car is telling you the answer. Sanity-check the commitment against everything else you owe and earn before you sign.
There is one authorised channel. Rolls-Royce Motor Cars has been represented in Singapore by the Eurokars Group since 2003, through Trans Eurokars, which handles new sales, factory bespoke commissions and after-sales service. The showroom sits in the Alexandra and Leng Kee motor belt that most of Singapore's luxury marques call home, alongside Eurokars' BMW and MINI operations.
Going through the authorised dealer buys you the full factory warranty, genuine parts, a documented service history and access to the bespoke programme. Parallel importers and used-car dealers also sell Rolls-Royces, sometimes for less or sooner, but warranty and service support then depend on the seller rather than the marque. For a high-value car you intend to keep and one day resell, a clean authorised service history protects the resale value as much as it protects the car.
Search "Rolls-Royce Singapore" and a chunk of the results are about a different company. Rolls-Royce plc, the aerospace and power-systems group listed in London, is a separate business from Rolls-Royce Motor Cars, which BMW has owned since 1998. The two share a name and a heritage but nothing else.
The aerospace company has a large Singapore footprint. Its Seletar Aerospace Park campus, opened in 2012, makes the hollow titanium wide-chord fan blades used in its jet engines and runs engine assembly, testing and training for the region. It also powers aircraft for airlines including Singapore Airlines and supports the Republic of Singapore Air Force. If you are looking for jobs, engine maintenance or the listed shares, that is the company you want, not the car maker.
So if the prices on this page seem to have nothing to do with what you were searching for, this is why. Everything above is about the car. The engines are someone else's Rolls-Royce.
Through the authorised dealer, guide prices before options run from around $450,000 for a base Ghost to over $750,000 for a Phantom, with the Spectre near $577,000 to $622,000 and the Cullinan around $571,000 to $690,000. Parallel-import cars with a fresh COE can list higher, with a Ghost seen near $1.32 million and a Phantom near $2.38 million.
Most of the price is tax and a permit, not the car. You pay a COE that closed at $123,502 for Category B in June 2026, plus an Additional Registration Fee that taxes the OMV above $80,000 at 320%. On a high-value car like a Rolls-Royce, the ARF alone can exceed the entire on-the-road price of a mainstream car.
The Ghost is the entry model, with authorised-dealer guide prices around $450,000 to $470,000 before personalisation. A used Rolls-Royce from an earlier registration is cheaper still to own, because the original owner already paid the ARF and absorbed the steepest early depreciation.
The 6.75-litre V12 in the Ghost, Cullinan and Phantom pays about $8,249 a year, using the LTA formula of [$3,050 + $2 x (engine capacity - 3,000)] x 0.782. The electric Spectre, taxed on its 430kW motor, pays roughly $6,214 a year including the flat usage component. Cars over 10 years old add a surcharge of 10% to 50%.
Very little. The PARF rebate returns part of the ARF when you deregister, but it is capped at $30,000 no matter how large the ARF was. On a Rolls-Royce with an ARF in the hundreds of thousands, that cap means almost the entire registration tax is unrecoverable, which is the main reason depreciation on these cars is so steep.
Not necessarily. A parallel-import car still carries a full COE and ARF, so the all-in price can match or exceed the authorised dealer, and warranty and after-sales support depend on the importer. The genuinely cheaper route is a used car from an earlier registration, where the first owner has already paid the ARF and taken the early depreciation.
Yes, under the standard MAS rules: a maximum loan of 60% or 70% of the purchase price depending on the OMV, over up to seven years, with interest quoted on a flat basis. On a million-dollar car even the maximum loan leaves a large cash outlay, and the monthly repayment runs into five figures.
LTA recorded 771 Rolls-Royce cars on the road at the end of 2025, up from 769 in 2024 and 762 in 2023. Of those, only 17 were electric, all the Spectre, with the other 754 the V12 petrol models. The fleet has more than doubled over the past decade, but it remains a tiny slice of the roughly 650,000 cars in Singapore.
Before depreciation, budget somewhere around $30,000 to $50,000 a year for a V12 car. Road tax is fixed at about $8,249, insurance runs into the low five figures, servicing and wear items add low-to-mid five figures, and fuel costs several thousand. Depreciation, largely the unrecoverable ARF, dwarfs all of it and is the real headline cost.
The authorised dealer is the Eurokars Group, which has represented Rolls-Royce Motor Cars in Singapore since 2003 through Trans Eurokars, with a showroom in the Alexandra and Leng Kee motor belt. It handles new sales, bespoke commissions and after-sales service. Parallel importers and used-car dealers also sell Rolls-Royces, but warranty and service support then depend on the seller.
Both, and they are separate businesses. Rolls-Royce Motor Cars, owned by BMW, sells the cars priced on this page. Rolls-Royce plc, the London-listed aerospace and power-systems group, runs a large campus at Seletar Aerospace Park making jet-engine fan blades and servicing engines. They share a name and heritage but are different companies. This guide is about the cars.
This is general financial information for Singapore, not personal financial advice. Figures change — verify current rates against the official sources above before acting. See our full disclaimer.