Buy Commercial Vehicles Singapore 2026 | Business Vans & Lorries Guide

Singapore businesses face critical commercial vehicle purchasing decisions in 2026 amid rising COE premiums, stricter VES regulations, and expanding electric vehicle incentives. This comprehensive guide covers everything from cargo vans and delivery trucks to heavy-duty lorries and electric commercial vehicles, helping logistics companies, construction contractors, catering services, and distribution businesses choose the right vehicle for their operations.

Whether you need a compact van for urban deliveries, a 10ft lorry for warehouse distribution, a 14ft truck for construction materials, or a zero-emission electric vehicle for sustainable logistics, ABLINK provides verified specifications, transparent pricing, and expert guidance. Learn about Toyota Hiace reliability, Nissan NV200 fuel efficiency, electric lorry incentives, leasing vs ownership comparisons, and total cost of ownership calculations for smart fleet investments.

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🔔 DISCLOSURE: This buying guide is provided by ABLINK Pte Ltd, a commercial vehicle dealer in Singapore. Throughout this content, ABLINK recommends its own vehicles and services. For independent vehicle comparisons, consult multiple dealers and manufacturers.

⚠️ INFORMATION ACCURACY NOTICE (as of December 30, 2025):

• Government incentives (EEAI, VES, HVZES, CVES) are subject to change by LTA/NEA
• Vehicle prices and availability are current as of December 2025 and subject to change
• COE pricing reflects November-December 2025 bidding results from official LTA data
• Vehicle ranges and performance are manufacturer specifications; actual results vary by conditions, load, and driving patterns
• This is informational content, not professional financial or legal advice
• All operational cost savings are estimates based on typical usage patterns and may vary significantly

For the most current information, always verify with official government sources (LTA, NEA) and authorized vehicle dealers.

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Understanding Singapore's Commercial Vehicle Market in 2026

Buying a commercial vehicle in Singapore in 2026 requires careful planning and market awareness. Commercial vehicle COE premiums reached $76,389 in November 2025 and increased to $77,003 in December 2025, according to official LTA bidding results. Therefore, businesses must evaluate total ownership costs including regulatory changes and operational requirements.

Singapore's commercial vehicle market faces significant shifts in 2026. The Vehicular Emissions Scheme (VES) will impose $35,000 surcharges on high-emission vehicles from January 2026. Meanwhile, the Electric Vehicle Early Adoption Incentive (EEAI) continues until December 2026 with a reduced cap of $7,500 down from $15,000.

Whether you need a goods vehicle for daily deliveries, a lorry for construction materials, or a passenger van for staff transport, understanding these regulations ensures smart purchasing decisions. Industry analysts predict COE supply may increase in 2026 as more older vehicles reach the 10-year deregistration point, though official LTA quotas are announced quarterly. However, strong demand is expected to keep premiums elevated throughout the year.

Commercial Vehicles for Different Business Types in Singapore

Cargo and Logistics Operations

Logistics companies require reliable vehicles with substantial payload capacity and fuel efficiency. The Toyota Hiace serves as Singapore's gold-standard commercial delivery vehicle, offering 1,080-1,140kg payload capacity with 6.0m³ of spacious interior volume suitable for diverse cargo requirements from courier parcels to catering equipment.

For heavier cargo operations, ABLINK offers 10ft lorries with 2,500-3,500kg payload capacity. These trucks handle warehouse delivery, wholesale distribution, and construction materials transport efficiently. They're perfect for moving heavy goods across Singapore's industrial estates and commercial districts.

E-commerce businesses benefit from compact yet capable options like the Nissan NV200. This van provides 800kg maximum payload capacity with 4.2m³ cargo volume that handles 400-1,600 parcels per trip while maintaining excellent maneuverability in urban environments. It's also ideal for courier services, express delivery companies, and last-mile logistics providers.

ABLINK Recommended Products for Logistics:

• Toyota Hiace: Maximum space for heavy-duty logistics and freight transport
• Nissan NV200: CBD courier services, last-mile delivery, and urban logistics
• 10ft Lorry (Toyota Dyna/Hino Dutro): Warehouse distribution and wholesale operations
• 14ft Lorry: Regional distribution, bulk transport, and inter-island delivery

Catering and Food Service Businesses

Catering companies need vehicles combining cargo space with passenger seating flexibility for food delivery operations. Goods-Cum-Passenger Vehicles (GPV) combine cargo space with passenger seating, ideal for catering companies with staff transport requirements, event catering services, and food distribution businesses.

The Toyota Hiace provides spacious capacity for construction, catering, and logistics operations with CVES rebate eligibility. This makes it an environmentally friendly option while accommodating extensive catering equipment, food containers, serving supplies, and staff members. It's perfect for wedding caterers, corporate event services, and hotel banquet operations.

For refrigerated food transport requirements, businesses can customize owned vehicles with specialized refrigeration systems. Owned vehicles accept complete customization matching precise business requirements, including specialized refrigeration systems for catering operations, cold chain logistics, and temperature-controlled food delivery.

ABLINK Recommended Products for Catering:

• Toyota Hiace: Spacious interior for catering equipment, food supplies, and event materials
• Passenger Van Options: Team transport with cargo flexibility for catering staff and equipment
• Toyota Dyna: Heavy-duty option for large catering operations, banquet services, and bulk food transport

Construction and Contractor Businesses

Construction companies require heavy-duty vehicles capable of transporting building materials, equipment, and construction machinery. The 14ft lorry provides 4,000-5,500kg payload capacity, ideal for cement, steel bars, scaffolding, and furniture moving operations.

ABLINK's heavy-duty truck collection features the Mitsubishi Fuso Fighter FK62 24ft Lorry. This commercial truck delivers consistent power with a 6-cylinder turbo diesel engine, spacious 24ft cargo deck, and supports up to 11,000 kg GVW. It's engineered for construction sites, renovation projects, and industrial transport.

For contractors transporting teams alongside equipment, GPV options offer the versatility needed. These multipurpose vehicles serve contractors transporting teams and tools or service businesses needing flexible configurations. They're particularly useful for electrical contractors, plumbing companies, and renovation specialists.

ABLINK Recommended Products for Construction:

• 14ft Lorry: Heavy materials, building supplies, and equipment transport
• Mitsubishi Fuso Fighter FK62 24ft: Large-scale construction projects and industrial hauling
• Hino Dutro: Durability and efficiency for fleet operations and site logistics
• GPV Options: Team and equipment combined transport for contractors

Delivery and Distribution Services

Distribution services prioritize fuel efficiency, operational range, and total cost of ownership. For businesses transitioning to sustainable transport, ABLINK offers electric commercial vehicles with zero emissions and lower running costs.

The SRM T3EV Lorry provides up to 280 km per full charge, perfect for daily city routes, with fast charging from 20%-80% in about 40 minutes. This compact electric truck handles payload of up to 1 tonne with strong torque for smooth acceleration. It's ideal for green logistics companies, eco-conscious delivery services, and businesses preparing for Singapore's 2040 zero-emission target.

The SANY FR601 14ft Electric Lorry represents heavy-duty electric transport, offering 280-300 km operating range per charge with DC fast charge from 20%-80% in approximately 1 hour. This zero-emission commercial vehicle provides 14ft flatbed with reinforced chassis for heavy payloads and high-volume transport. It suits logistics fleets, distribution centers, and transportation companies investing in sustainable fleet management.

ABLINK Recommended Products for Delivery:

• SRM T3EV: Urban delivery with electric efficiency and zero tailpipe emissions ($45,800 SGD)
• BYD eT3 Electric Van: 800kg capacity with 280km range for e-commerce delivery
• Nissan NV200: Fuel-efficient petrol option for businesses without charging infrastructure
• SANY FR601 14ft EV: Heavy-duty electric distribution and freight transport ($50,800 SGD)

ABLINK's Complete Commercial Vehicle Range

Compact Vans for Urban Operations

Honda N Van The Honda N Van excels in CBD operations requiring maximum maneuverability and tight-space navigation. This compact commercial vehicle offers excellent fuel efficiency (16-18 km/L) for CBD courier services, last-mile delivery, e-commerce logistics, and urban commercial operations.

Its small footprint allows access to restricted zones, narrow lanes, and crowded commercial districts where larger vehicles cannot operate. Perfect for food delivery services, pharmaceutical distribution, and document courier companies.

Nissan NV200 The Nissan NV200 combines functionality with comfort, featuring spacious interior configured for passenger or cargo transport. Its fuel-efficient petrol engine makes it practical for businesses seeking reliable urban transport without high diesel costs.

The versatile design accommodates diverse business needs from parcel delivery to mobile service operations. Businesses appreciate its car-like driving experience, easy parking, and low maintenance requirements.

Toyota Townace (Limited Availability) The Toyota Townace offers exceptional value at $26,800 SGD (as of December 2025, subject to change and availability). It provides 750kg maximum load capacity with free front camera and reverse sensor included, making it attractive for budget-conscious businesses.

This light-duty commercial van delivers Toyota's legendary reliability at Singapore's most competitive price point. Contact ABLINK for current stock status and reservation options.

Medium-Duty Commercial Vans

Toyota Hiace The Toyota Hiace represents Singapore's most trusted commercial van for business operations across multiple industries. This 2.0-litre petrol vehicle provides maximum loading capacity while maintaining CVES rebate eligibility for enhanced fuel efficiency and reduced emissions.

Thousands of Singapore businesses depend on Hiace performance for daily operations including logistics companies, catering services, construction contractors, and event organizers. The vehicle accommodates diverse inventory from courier parcels to catering supplies with proven reliability and low downtime.

Its spacious 6.0m³ interior volume provides flexibility for various cargo configurations. Businesses can install shelving systems, secure tie-down points, or custom fittings matching operational requirements. The Hiace delivers exceptional resale value, making it sound long-term investment for commercial fleet management.

Heavy-Duty Lorries

10ft Lorry Options (Toyota Dyna / Hino Dutro) These versatile lorries handle warehouse delivery, wholesale distribution, and construction materials with 2,500-3,500kg payload capacity. The diesel fuel type comes with commercial exemptions under current regulations, making them cost-effective for businesses with high daily mileage requirements.

Perfect for moving companies, logistics operators, construction suppliers, and wholesale distributors requiring reliable heavy-duty performance.

14ft Lorry Range For businesses requiring greater capacity, 14ft lorries provide ample cargo space perfect for transporting bulky goods, equipment, and supplies across logistics to construction industries. These medium-duty trucks balance payload capacity with maneuverability.

Ideal for furniture delivery, appliance distribution, building materials transport, and regional freight operations.

Mitsubishi Fuso Fighter FK62 24ft Lorry This heavy-duty option features power precision performance with 6-cylinder turbo diesel engine, spacious 24ft cargo deck, and high payload capacity supporting 11,000 kg GVW. Safety features include ABS, exhaust brake, and reinforced steel frame for stability under heavy loads.

Designed for long-haul logistics, industrial transport, and businesses requiring maximum cargo capacity with proven Japanese engineering reliability.

Quality Used Commercial Vehicles ABLINK offers extensive selection of quality-inspected used vans and lorries for businesses seeking cost-effective commercial vehicle solutions. Every used vehicle undergoes thorough inspection, servicing, and maintenance for optimal performance and reliability. Used commercial vehicles provide affordable entry points for startups, small businesses, and companies expanding fleets without large capital expenditure.

Electric Commercial Vehicles

SRM T3EV Electric Lorry Priced at $45,800 SGD (as of December 2025, subject to change), this compact electric truck delivers 100% electric powertrain with zero tailpipe emissions, instant torque, and up to 280 km range per full charge. Fast charging capability reaches 20%-80% in approximately 40 minutes using DC fast charging stations.

This eco-friendly commercial vehicle suits urban logistics, express delivery services, and businesses transitioning to green fleet management. It qualifies for government incentives including EEAI rebates and VES benefits, reducing total acquisition costs significantly.

SANY FR601 14ft Electric Lorry At $50,800 SGD (as of December 2025, subject to change), this heavy-duty electric lorry combines power with sustainability for demanding commercial operations. It features all-electric powertrain with strong torque, 280-300 km operating range, and large 14ft cargo deck with reinforced chassis for heavy construction materials and bulk goods.

The vehicle includes driver comfort features like spacious air-conditioned cabin, ergonomic seating, digital dashboard, and safety features including ABS, traction control, and rear camera. It's designed for logistics companies, construction firms, and fleet operators committed to Singapore's 2040 zero-emission vehicle mandate.

BYD eT3 Electric Van This innovative electric van delivers 800kg capacity with 280km range, making it suitable for daily delivery routes and urban logistics. High-mileage businesses may recover the premium through fuel savings within 3-4 years compared to diesel equivalents (based on estimated electricity/diesel costs and typical usage patterns; actual savings vary). It represents China's advanced EV technology adapted for Singapore's tropical climate and commercial requirements.

Understanding 2026 Market Conditions and Costs

Certificate of Entitlement (COE) Outlook

COE premiums for commercial vehicles reached $76,389 in November 2025 and increased to $77,003 in December 2025 based on LTA bidding results. Industry experts predict COE prices will remain high in 2026 primarily due to strong persistent demand outpacing moderate supply increases.

The Land Transport Authority might progressively increase up to 20,000 additional COEs across all categories through 2026. However, this increase may not fully satisfy demand, preventing significant price drops.

COE prices are expected to moderate in 2026 driven by increasing quota supply, though prices will remain high and volatile rather than collapse.

Vehicular Emissions Scheme (VES) Changes

From January 2026, VES regulations become more stringent. Only electric vehicles receive rebates while hybrid vehicles no longer receive rebates and more pollutive vehicles face higher surcharges.

The surcharge structure escalates significantly in 2026. For high-emission vehicles, ARF surcharges now range from $15,000 to $45,000 depending on emission category (Band C1 to C3), with the highest surcharges ($45,000) applied to the most pollutive vehicles. This represents a substantial increase from previous maximum surcharges of $25,000, creating strong financial incentives for electric vehicle adoption.

VES will be extended from January 1, 2026 to December 31, 2027 with revised bands, rebates and surcharges focusing on electric vehicle adoption.

Electric Vehicle Incentives

The EEAI continues through 2026 with reduced benefits. Owners who register electric cars and taxis in 2026 receive a rebate of 45% off the Additional Registration Fee capped at $7,500, down from $15,000.

Combined incentives still offer value. With revised EEAI and VES, buyers receive combined cost savings of up to $30,000 off the ARF for electric cars registered in 2026.

The $0 ARF floor for electric cars and taxis will be maintained till December 31, 2027, providing continued financial advantage for early electric vehicle adopters.

Commercial Vehicle Emissions Scheme (CVES)

Light commercial vehicles benefit from CVES incentives. Commercial vehicles enjoy the Commercial Vehicle Emissions Scheme providing up to $15,000 incentive for the least pollutive light vehicles.

From January 2026, heavy vehicles gain new incentives. The Heavy Vehicle Zero Emissions Scheme provides incentives of $40,000 for each new zero-tailpipe emissions heavy goods vehicle or bus registered.

Complete Buying Guide for Commercial Vehicles in 2026

Step 1: Assess Your Business Requirements

Determine your operational needs precisely before vehicle selection. Consider daily mileage requirements, whether urban or highway routes dominate your operations, and cargo specifications including weight, volume, and special handling needs.

Evaluate passenger requirements if your business transports staff alongside equipment. Calculate whether you need 375-1,500 parcels per trip capacity for e-commerce delivery or heavier 2,500-5,500kg payload options for construction materials and bulk goods transport.

Project your business growth over 5-7 years including expansion plans, new service areas, and fleet scaling requirements. The right commercial vehicle choice transforms operations through improved efficiency, reduced downtime, and enhanced customer satisfaction. Meanwhile, the wrong choice costs $8,000-$12,000 annually in wasted fuel, unnecessary repairs, lost productivity, and operational inefficiencies.

Consider industry-specific requirements including temperature control for food businesses, secure storage for valuable goods, GPS tracking for logistics optimization, or specialized equipment mounting for service contractors.

Step 2: Calculate Total Cost of Ownership

Total ownership costs extend beyond purchase price and include ongoing operational expenses. For a single Toyota Hiace in November-December 2025, costs include:

• Vehicle body price (manufacturer's suggested retail price)
• COE premium: $76,389 - $77,003 (based on November-December 2025 LTA bidding results, varies by bidding exercise)
• Additional Registration Fee (ARF) based on vehicle value
• Road tax (annual recurring cost)
• Insurance (comprehensive commercial coverage with liability protection)
• Maintenance and servicing (every 5,000-10,000km)
• Fuel or electricity costs (depending on vehicle type)
• Depreciation over vehicle lifespan

Electric vehicles offer lower operating costs and total cost of ownership advantages. The BYD eT3 electric van allows high-mileage businesses to recover the premium through fuel savings within 3-4 years compared to equivalent diesel models (based on estimated electricity/diesel costs and typical usage patterns; actual savings vary by business operations and energy tariffs).

VES surcharges add significantly to diesel vehicle costs and acquisition expenses. From 2026, high-emission vehicles face $35,000 surcharges under VES regulations, making electric options increasingly cost-competitive for forward-thinking businesses.

Calculate 5-year total cost including financing interest, insurance premiums, maintenance contracts, fuel consumption, and potential resale value to make informed purchasing decisions.

Step 3: Compare Ownership vs Leasing

Commercial vehicle leasing provides cash flow advantages. Leasing saves 40-60% compared to ownership by eliminating the $170K+ COE burden.

Leasing packages typically include:

• Regular scheduled maintenance (every 5,000-10,000km)
• Comprehensive commercial vehicle insurance
• Road tax management and renewal
• 24/7 roadside assistance and towing
• Replacement vehicles during major repairs
• 2026 VES regulatory compliance management

However, owned vehicles offer customization flexibility. Ownership enables complete customization including specialized refrigeration systems, secure storage, GPS tracking, or company branding.

Step 4: Evaluate Electric vs Diesel Options

Electric commercial vehicles suit businesses with predictable routes and charging access infrastructure. The SRM T3EV offers 280 km range perfect for daily city routes, urban deliveries, and last-mile logistics with fast charging from 20%-80% in 40 minutes using DC charging stations.

For heavier operations requiring longer range, the SANY FR601 14ft Electric Lorry provides 280-300 km operating range suitable for full-day delivery operations, construction site logistics, or regional distribution routes.

Diesel vehicles remain practical for longer routes exceeding 300km daily, overnight operations, or businesses without reliable charging infrastructure. The Mitsubishi Fuso Fighter FK62 delivers smooth diesel performance with excellent torque for long-distance hauling, inter-island transport, or heavy-duty commercial applications.

Calculate fuel cost differences over 5 years for accurate comparison. Electric vehicles eliminate diesel expenses while incurring electricity costs typically 60-70% lower than equivalent diesel consumption (based on current commercial electricity tariffs and diesel prices; rates subject to change). Factor in government incentives, VES rebates, and EEAI savings when comparing acquisition costs.

Consider charging infrastructure availability including workplace charging, public DC fast chargers, and home charging solutions. Singapore targets 60,000 EV charging points by 2030. As of late 2025, approximately 50% of HDB carparks are equipped with charging stations, with the government targeting full EV-readiness across all HDB towns by end-2025.

Step 5: Verify Vehicle Classifications and Permits

Singapore categorizes commercial vehicles into distinct regulatory types. Light Goods Vehicles (LGV) handle urban deliveries and service calls throughout congested districts. These compact vehicles access tight parking spaces impossible for larger trucks.

Heavy Goods Vehicles (HGV) manage substantial cargo loads for construction materials and industrial equipment. HGVs with Maximum Laden Weight above 12,000kg must be fitted with speed limiters, while HGVs with MLW not exceeding 3,500kg require Speed Warning Devices.

For oversized loads, additional permits apply. You need to apply for an oversized vehicle movement permit 3 days in advance via LTA.PROMPT if overall width exceeds 3m or rear overhang exceeds 40% of vehicle length.

Step 6: Inspect Vehicle Specifications

Verify critical specifications match your requirements:

For Vans:

• Interior cargo dimensions (length × width × height)
• Payload capacity in kilograms
• Fuel type and consumption rates
• Safety features (ABS, airbags, reverse camera)

For Lorries:

• Cargo deck length and reinforcement
• Gross Vehicle Weight (GVW) rating
• Engine power and torque specifications
• Chassis strength for intended loads

For Electric Vehicles:

• Operating range per full charge
• Charging time (standard and fast charge)
• Battery warranty terms
• Charging infrastructure compatibility

Step 7: Arrange Financing and COE Bidding

Plan COE bidding strategy carefully. Industry observers note that buyers are becoming used to $100,000 COE benchmarks which can sustain elevated price expectations.

Consider timing your purchase strategically. Industry experts predict short-term COE increases as buyers rush to maximize current incentives before EEAI and VES reductions in 2026.

Explore financing options through commercial vehicle specialists. ABLINK provides flexible financing packages accommodating various business cash flow situations.

Step 8: Complete Registration and Compliance

Ensure proper vehicle registration with LTA including:

• Certificate of Entitlement documentation
• Vehicle inspection reports
• Commercial vehicle insurance coverage
• Road tax payment
• Commercial vehicle decals and permits

For electric vehicles, verify charging solutions. Singapore aims to deploy 60,000 EV charging points by 2030. As of late 2025, approximately 50% of HDB carparks are equipped with charging stations, with the government targeting full EV-readiness across all HDB towns by end-2025.

Why Choose ABLINK for Your Commercial Vehicle Purchase

ABLINK operates as Singapore's trusted commercial vehicle dealer at 421 Tagore Industrial Avenue, serving businesses across Ang Mo Kio, Woodlands, Sembawang, and island-wide locations. The company specializes in new and used commercial vehicles including vans, lorries, trucks, and electric options across all business categories.

ABLINK Comprehensive Advantages:

• Extensive vehicle selection from compact vans to 24ft heavy-duty lorries
• Quality-inspected used commercial vehicles with verified service history
• Flexible leasing and ownership financing options for SMEs and corporations
• Expert consultation matching vehicles to specific business requirements and operational needs
• Transparent pricing with no hidden fees or surprise charges
• Professional after-sales support, maintenance services, and warranty coverage
• Electric vehicle specialists with charging infrastructure guidance
• Trade-in services for existing fleet upgrades

ABLINK's inventory includes verified specifications from trusted manufacturers including Toyota, Nissan, Honda, Mitsubishi Fuso, Hino, and leading electric vehicle brands. Every used vehicle undergoes thorough inspection ensuring quality and safety standards. The experienced team provides personalized guidance throughout the buying process from initial consultation to vehicle registration.

For electric vehicle buyers, ABLINK offers specialist knowledge on charging infrastructure planning, government incentive applications, EEAI rebate processing, VES compliance, and total cost of ownership calculations. This ensures businesses make informed decisions aligned with operational efficiency and financial goals.

Contact ABLINK's commercial vehicle specialists today for free consultations, test drives, fleet assessments, and customized quotations. Whether expanding logistics operations, upgrading construction fleets, or transitioning to zero-emission transport, ABLINK provides expert guidance and competitive pricing.

Common Commercial Vehicle Terms and Classifications

Understanding industry terminology helps businesses make informed vehicle purchase decisions:

Light Goods Vehicle (LGV): Commercial vans and small trucks for cargo transport up to 3,500kg Maximum Laden Weight. Includes compact vans like Nissan NV200, Honda N Van, and Toyota Townace suitable for urban deliveries, courier services, and small business operations.

Heavy Goods Vehicle (HGV): Larger trucks and lorries for substantial cargo including 10ft and 14ft lorries, designed for construction materials, wholesale distribution, and logistics operations requiring higher payload capacity.

Very Heavy Goods Vehicle (VHGV): Specialized trucks for maximum loads including cement mixers, tankers, and 24ft flatbed lorries essential for large construction projects and industrial transport.

Goods-Cum-Passenger Vehicle (GPV): Versatile vehicles configured for both cargo and passenger transport, ideal for contractors, catering companies, and service businesses requiring dual functionality.

Panel Van: Enclosed cargo area separated from driver cabin, providing weather protection and security for valuable goods, suitable for electronics delivery, pharmaceutical transport, and retail distribution.

Passenger Van: Prioritizes seating capacity over cargo space, designed for safe group transportation with 13-18 passenger configurations for shuttle services, tour operators, and corporate transport.

Commercial EV: Electric commercial vehicles offering zero tailpipe emissions including SRM T3EV, SANY FR601, and BYD eT3, qualifying for government incentives and VES rebates.

Cargo Capacity: Maximum weight a vehicle can safely transport, measured in kilograms (kg), ranging from 750kg for compact vans to 5,500kg for heavy-duty lorries.

Payload: Actual weight of goods, materials, or passengers a vehicle carries, excluding vehicle weight, fuel, and driver.

Gross Vehicle Weight (GVW): Total weight of vehicle including cargo, passengers, fuel, and vehicle itself, determining regulatory classification and road tax.

Maximum Laden Weight (MLW): Highest permissible weight of fully loaded vehicle including cargo, determining licensing requirements and operational restrictions.

Commercial Vehicle Financing and Payment Options

ABLINK provides flexible financing solutions for businesses across all stages from startups to established corporations:

Cash Purchase: Direct ownership with immediate asset acquisition, avoiding interest charges and financing fees. Suitable for businesses with strong capital reserves seeking maximum vehicle customization and long-term fleet ownership.

Bank Financing: Commercial vehicle loans from major Singapore banks with competitive interest rates, typically 2.88%-4.88% per annum. Loan tenures range from 1-7 years depending on vehicle value and business credit profile. Requires 20-30% down payment with monthly installments.

Hire Purchase: Popular financing method where buyer makes monthly payments over agreed period (typically 5-7 years) with vehicle ownership transferring upon final payment. Lower initial outlay compared to cash purchase while building business assets.

Commercial Vehicle Leasing: Flexible monthly rental arrangements eliminating COE burden, maintenance costs, and capital expenditure. ABLINK's leasing packages include comprehensive insurance, road tax, maintenance, and replacement vehicles during servicing.

Trade-In Programs: Exchange existing commercial vehicles for upgrade to newer models, electric vehicles, or larger capacity options. ABLINK provides fair market valuations and applies trade-in value toward new purchase, reducing net investment.

Government Grants and Rebates: Leverage EEAI ($7,500 for 2026), VES rebates (up to $22,500), CVES incentives ($15,000), and HVZES ($40,000) to reduce acquisition costs significantly. ABLINK assists with incentive applications and documentation.

Fleet Financing: Specialized packages for businesses acquiring multiple vehicles simultaneously, offering volume discounts, staggered delivery schedules, and consolidated billing for easier fleet management.

Consult ABLINK's financial specialists to structure payment plans matching cash flow patterns, seasonal business cycles, and long-term growth projections. Flexible options accommodate various business models from sole proprietorships to large corporations.

Frequently Asked Questions

What is the best commercial vehicle for a small delivery business in Singapore?

The Nissan NV200 serves as the optimal choice for small delivery businesses, courier services, and e-commerce logistics. It provides 800kg maximum payload capacity with 4.2m³ cargo volume, handling diverse parcel loads with excellent maneuverability for CBD operations, narrow streets, and congested commercial areas. The compact dimensions allow easy navigation through busy streets while maintaining sufficient cargo capacity for daily delivery routes.

For businesses prioritizing sustainability and lower fuel costs, the SRM T3EV electric lorry offers similar capacity with zero emissions, 280 km range perfect for daily city routes, and government incentives reducing acquisition costs.

How much does it cost to buy a commercial vehicle in Singapore in 2026?

Total costs vary significantly based on vehicle type and market conditions. A Toyota Hiace includes the vehicle body price plus COE premium ranging from $76,389 to $77,003 based on November-December 2025 bidding results (subject to change with each bidding exercise).

Electric vehicles gain cost advantages through incentives. Combined EEAI and VES provide savings of up to $30,000 off the ARF for electric vehicles registered in 2026. However, diesel vehicles face VES surcharges ranging from $15,000 to $45,000 from January 2026 depending on emission levels.

Budget $150,000-$200,000 for mid-range commercial vans including all fees (as of December 2025). Lorries and heavy-duty options require higher budgets depending on specifications and payload capacity.

Should I buy electric or diesel commercial vehicles in 2026?

Electric vehicles make financial sense for businesses with predictable urban routes under 280km daily and access to charging infrastructure. High-mileage businesses may recover the electric vehicle premium through fuel savings within 3-4 years (based on estimated electricity/diesel costs and typical usage patterns; actual savings vary by operations).

Electric options gain regulatory advantages. Only EVs receive VES rebates while diesel vehicles face higher surcharges ranging from $15,000 to $45,000 in 2026 and 2027.

Diesel remains practical for longer routes exceeding 300km daily, overnight operations, or businesses lacking charging access. Consider total cost of ownership over 5-7 years including fuel, VES surcharges, maintenance, and potential resale value when making your decision.

Can I lease instead of buying a commercial vehicle?

Yes, leasing provides substantial financial advantages. Commercial vehicle leasing saves 40-60% compared to ownership by eliminating the COE burden and including maintenance, insurance, and road tax in transparent monthly fees.

ABLINK offers flexible lease terms for vans, lorries, and electric vehicles. Typical deployment timeline spans 3-7 business days from quote approval to vehicle availability.

Leasing suits businesses prioritizing cash flow flexibility and avoiding large upfront capital expenditure. However, owned vehicles offer complete customization for specialized operational requirements.

What government incentives are available for commercial vehicles in 2026?

Several incentive programs support commercial vehicle purchases in 2026:

For Light Commercial Vehicles: The Commercial Vehicle Emissions Scheme provides up to $15,000 incentive for the least pollutive light vehicles.

For Electric Commercial Vehicles: EEAI provides 45% ARF rebate capped at $7,500 for electric vehicles registered in 2026. Combined with VES, total savings reach up to $30,000.

For Heavy Electric Vehicles: The Heavy Vehicle Zero Emissions Scheme offers $40,000 incentives for each new zero-tailpipe emissions heavy goods vehicle or bus registered from January 2026.

How do I choose between different lorry sizes?

Match lorry size to your typical cargo requirements and operational environment:

10ft Lorries: Ideal for warehouse delivery, wholesale distribution, and construction materials with 2,500-3,500kg payload capacity. Best for businesses requiring maneuverability in tight spaces, urban construction sites, and retail delivery operations.

14ft Lorries: Suitable for regional distribution, bulk transport, and furniture moving with 4,000-5,500kg payload capacity. Balances capacity with accessibility for mixed urban-highway operations.

24ft Lorries: Required for large-scale operations needing 11,000 kg GVW capacity with spacious cargo deck for bulky loads, pallets, heavy machinery, or construction materials. Essential for major logistics companies and industrial transport.

Calculate average daily cargo volume over peak periods. Choose capacity exceeding regular requirements by 20-30% to accommodate growth and peak demand.

What maintenance requirements do commercial vehicles have?

Commercial vehicles require regular scheduled maintenance every 5,000-10,000km depending on usage intensity. Critical maintenance includes engine servicing, brake inspections, tire rotations, and fluid replacements.

Heavy Goods Vehicles with MLW above 12,000kg must be fitted with speed limiters, while those not exceeding 3,500kg require Speed Warning Devices.

Electric commercial vehicles need less maintenance than diesel equivalents. They eliminate engine oil changes and have fewer moving parts requiring service. Battery systems typically carry 8-10 year warranties.

ABLINK's leasing packages include comprehensive maintenance coverage, ensuring vehicles receive professional servicing without business disruption.

Can I use a commercial vehicle for personal purposes?

Commercial vehicles are registered specifically for business operations. Using them for personal purposes violates registration terms and insurance coverage may become invalid.

If you require dual-purpose capability, consider Goods-Cum-Passenger Vehicles (GPV) configured to transport both cargo and passengers legally.

Consult with ABLINK specialists to ensure vehicle classification matches your intended usage patterns and complies with LTA regulations.

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Contact ABLINK Singapore - Trusted Commercial Vehicle Dealer: Address: 421 Tagore Industrial Avenue, Singapore (Near Ang Mo Kio, Yio Chu Kang, Sembawang) Phone: +65 8946 8228 Website: https://ablink.sg Operating Hours: Monday-Saturday, 9:00 AM - 6:00 PM Services: New commercial vehicles, used trucks for sale, fleet leasing, trade-ins, financing assistance

Visit ABLINK today to explore Singapore's most comprehensive commercial vehicle selection and receive expert guidance matching the right vehicle to your business requirements. Whether you need compact vans for urban delivery, heavy-duty lorries for construction, or electric vehicles for sustainable logistics, ABLINK provides transparent pricing, flexible financing, professional after-sales support, and warranty coverage.

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