Commercial Vehicle Leasing Singapore: Your 2025-2026 Fleet Strategy

Why Smart Businesses Lease Fleet Vehicles (Not Buy Them)

Singapore businesses face a hard truth in 2025. Vehicle ownership costs have become unsustainable.

Certificate of Entitlement (COE) premiums exceed SGD $97,000. New 2026 VES regulations add SGD $20,000+ surcharges on diesel vehicles. Electric vehicle incentives are phasing out.

The financial burden of fleet ownership now directly undermines business growth.

That's why Singapore's most competitive companies have shifted to commercial vehicle leasing. It's not just cheaper—it's strategically superior.

This guide shows you:

• Why leasing saves 60-70% compared to ownership

• How 2026 regulations impact your fleet decisions

• What vehicles are available for immediate lease

• How to implement leasing in your business

Let's start with the numbers.

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The Real Cost of Vehicle Ownership (2025-2026)

Upfront Capital: SGD $170,000+ Per Vehicle

Here's what buying a single Toyota Hiace costs in 2025-2026:

Source: Singapore LTA

That's $170,000 locked in deprecating metal before you generate a single dollar of revenue.

5-Year Ownership: SGD $239,000 Total Cost

Ownership costs compound over time:

Monthly cost: SGD $3,987

That's nearly $4,000 per month per vehicle—before factoring in downtime, breakdowns, or regulatory changes.

And 2026 makes it worse.

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How 2026 Regulations Change Everything

What's Changing January 1, 2026

According to Singapore's National Environment Agency:

VES Surcharges Increase

• Diesel vehicles: +SGD $20,000 surcharge

• Gasoline vehicles: Proportional increases

• Electric vehicles: Avoid all surcharges

EV Incentives Reduced

• 2025: Full incentive available

• 2026: Reduced to SGD $7,500

• End 2026: Program terminates

Heavy Vehicle EV Rebates Launch

• SGD $40,000 rebates for commercial EVs

• Applies to qualified fleet operators

• Supports 2030 mandate compliance

Long-Term Mandate (2030)
According to Singapore's Green Plan 2030: All new vehicle registrations must be electric or hybrid only. No diesel or pure-gasoline commercial vehicles after 2030.

What This Means for Your Business

If you own vehicles, you absorb these costs and risks.

If you lease vehicles, the lessor manages compliance while your costs remain predictable.

That's the strategic difference.

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Why Commercial Vehicle Leasing Wins

Capital Preservation

Leasing eliminates the SGD $170,000+ upfront burden. You redirect that capital into revenue-generating activities: marketing, hiring, inventory, technology.

Predictable Costs

Commercial leasing provides fixed monthly rates that include:

• Full maintenance and servicing

• Comprehensive insurance

• Road tax management

• 24/7 roadside support

• Replacement vehicles during repairs

No surprise expenses. No depreciation. No regulatory risk.

2026 Regulatory Compliance Handled

The lessor manages VES compliance, monitors policy changes, and adjusts fleet composition to keep you compliant. You focus on business, not regulations.

Fleet Flexibility

Scale up during peak seasons. Scale down during slow periods. Transition to electric vehicles when timing is right.

Leasing adapts to your business—ownership locks you in.

Professional Support

24/7 hotline. Immediate towing. Replacement vehicles deployed within 30-60 minutes. Zero downtime impact on operations.

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Available Vehicles for Singapore Commercial Leasing

ABLINK maintains a comprehensive fleet optimized for 2025-2026 regulatory environment.

Small Vans (Urban Delivery)

Nissan NV200

• Cargo capacity: 900-1,100kg

• Fuel: Petrol (2025-2026 compliant)

• Best for: Courier services, parcel delivery

• Purchase price reference: $26,800

• View leasing options

Toyota Townace

• Cargo capacity: 700-800kg

• Fuel: Petrol (2025-2026 compliant)

• Best for: Neighborhood delivery, food businesses

• Purchase price reference: $26,800

• Explore urban van options

Honda N Van

• Cargo capacity: 600-700kg

• Fuel: Petrol (2025-2026 compliant)

• Best for: Urban delivery, small transport

• Purchase price reference: $24,800

• View Honda N Van leasing

Suzuki Spacia Base

• Cargo capacity: 600kg

• Fuel: Petrol (2025-2026 compliant)

• Best for: Light urban delivery

• Purchase price reference: $23,800

• Browse compact options

Standard Commercial Vans

Toyota Hiace

• Singapore's industry standard

• Cargo capacity: 1,100-1,200kg

• Interior: 3,110L × 1,600W × 1,320H (mm)

• Fuel: Diesel (2026 surcharge applies)

• Best for: E-commerce, catering, small logistics

• Note: Consider electric alternatives for 2026 compliance

• Lease Toyota Hiace

Heavy-Duty Lorries

10ft Lorry (Toyota Dyna / Hino Dutro)

• Load capacity: 2,500-3,500kg

• Fuel: Diesel (2026 surcharge applies)

• Purchase price reference: $51,800

• Best for: Warehouse delivery, distribution

• View 10ft lorry leasing

14ft Lorry

• Load capacity: 4,000-5,500kg

• Fuel: Diesel (2026 surcharge applies)

• Best for: Regional distribution, bulk transport

• Secure 14ft lorry lease

Isuzu N-Series

• Heavy-duty commercial platform

• Purchase price reference: From $55,800

• Best for: Cross-island distribution

• Lease Isuzu N-Series

Mitsubishi Canter

• Enterprise-grade logistics

• Purchase price reference: From $59,800

• Configurations: Open deck, enclosed, canopy

• View Mitsubishi Canter options

Electric Vehicles (2026 Strategic Advantage)

Maxus e Deliver 3 ⚡

• Range: 200km per charge

• Zero emissions: 100% electric

• Operating cost: 60-70% lower than diesel

• Purchase price reference: $30,800

• Eligible for SGD $40,000 government rebate

• Best for: Urban delivery, eco-conscious businesses

• Switch to electric delivery

Golden Dragon EV Van ⚡

• Capacity: 1,200kg+

• Charging: 4-6 hours standard; 30-45 min fast charge

• Purchase price reference: $36,800

• Infrastructure ready: 14,741 charging points operational

• Explore EV leasing

Citroen e-Berlingo ⚡

• Premium European electric van

• Range: 250km per charge

• Purchase price reference: $53,800

• Best for: Premium delivery, lifestyle brands

• View premium EV options

Opel Combo-e ⚡

• Compact European EV

• Purchase price reference: $43,800

• Best for: Urban last-mile delivery

• Explore compact EVs

Opel Vivaro-e ⚡

• Large commercial EV

• Purchase price reference: $53,800

• Best for: Major distribution operations

• View large-scale EVs

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Should You Choose Electric or Diesel in 2025?

Choose Electric If:

✓ Your routes are urban (sufficient charging per LTA infrastructure)
✓ You want 2026 competitive advantage
✓ You qualify for SGD $40,000 heavy vehicle rebate
✓ You prioritize sustainability positioning

Choose Diesel If:

✓ Long-distance regional routes (charging gaps)
✓ Short lease term (ends before 2026)
✓ Existing infrastructure investment

Choose Hybrid If:

✓ Mixed routing requirements
✓ Want lowest-risk 2026 transition

Discuss your specific needs with ABLINK specialists to determine optimal strategy.

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Singapore EV Infrastructure (2025-2026)

Charging availability is no longer a barrier.

According to Singapore's Land Transport Authority:

Bottom line: Electric commercial vehicles are fully viable for Singapore operations in 2025-2026.

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Commercial Leasing Terms (2025-2026)

Flexible Duration Options

What's Included

Every ABLINK commercial lease includes:

✓ Regular maintenance (every 5,000-10,000km)
✓ Comprehensive insurance (liability + damage)
✓ Road tax management
✓ 24/7 roadside assistance
✓ Replacement vehicles during repairs
✓ 2026 VES compliance management

Transparent pricing. No hidden fees. No balloon payments.

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How to Get Started

Step 1: Define Requirements

• What vehicle types? (vans, lorries, EVs)

• How many vehicles? (baseline + peak)

• What lease duration? (3, 6, 12, 24 months)

• Special needs? (GPS, customization)

Step 2: Request Quote

Contact ABLINK for customized quote

You'll receive:

• Fleet assessment with 2026 analysis

• Transparent pricing (no hidden costs)

• Electric vs. diesel comparison

• Lease terms specific to your business

Step 3: Review Terms

Lessor provides:

• Clear lease agreement

• Insurance details

• Maintenance schedule

• 2026 compliance provisions

• Support contact information

Step 4: Vehicle Delivery

• Ready for operation (full tank, inspected)

• Driver orientation provided

• Support systems explained

• 2026 compliance guidance

Step 5: Ongoing Management

• Maintenance handled by lessor

• 24/7 support available

• Fleet adjustments at renewals

• Proactive 2026 updates

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Market Data: Why Leasing Growth Accelerates

Singapore's commercial leasing market shows strong growth trends.

According to Statista Market Forecast:

Data from 6W Research and Mordor Intelligence confirms these trends.

What this means: The market is shifting from ownership to leasing. Early adopters gain competitive advantage.

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Frequently Asked Questions

How do 2026 VES changes affect lease costs?

Lessor absorbs VES compliance per NEA guidelines. Your rates remain fixed. Electric vehicles avoid surcharges entirely.

Can I change vehicles mid-lease?

Changes typically occur at renewal points. Mid-lease changes possible—discuss with ABLINK.

What's charging infrastructure like?

14,741 charging points operational. Target: 60,000 by 2030. All HDB towns EV-ready. Infrastructure is not a barrier.

How do government incentives work with leasing?

Lessor captures purchase incentives and passes value through competitive rates. Discuss incentive strategy when requesting quote.

What's included in ABLINK leasing?

• Flexible terms (1-36 months)

• All maintenance and servicing

• Comprehensive insurance

• Road tax management

• 24/7 support

• Transparent pricing (no hidden fees)

Request detailed quote

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Important Disclaimers

Regulatory Data: All COE, VES, and incentive information sourced from Singapore LTA and NEA as of November 2025. Verify current status before decisions.

Vehicle Pricing: Purchase prices from ABLINK product collection as of November 2025. Provided for reference only. Contact ABLINK for current lease rates.

Market Data: Growth rates from Statista, 6W Research, and Mordor Intelligence. Represent historical trends and forecasts, not guarantees.

Third-Party Information: This content is informational. Not legal or financial advice. Conduct independent due diligence.

Forward-Looking Statements: 2026 predictions based on government announcements as of September 2025. Policies may change.

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Why Leading Businesses Choose ABLINK Leasing

Commercial vehicle leasing delivers measurable competitive advantage:

✓ Capital preserved – Redirect $100,000-200,000+ per vehicle to growth
✓ Costs predictable – Fixed rates immune to COE/VES volatility
✓ 2026 compliance managed – Lessor handles regulatory changes
✓ Fleet flexibility – Scale up or down based on demand
✓ Support guaranteed – 24/7 assistance, replacement vehicles
✓ Electric options available – Browse sustainable fleet

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Your Next Step

Businesses delaying fleet transformation lose competitive advantage daily.

Early adopters operate at 30-50% lower costs with capital freed for strategic investments.

Act before January 2026 regulatory changes take effect.

Request Your Customized Leasing Quote

ABLINK specialists provide:

• Detailed cost analysis vs. ownership

• 2026 regulatory impact assessment

• Fleet optimization strategy

• Electric vehicle transition planning

• Transparent pricing (no hidden costs)

Browse Vehicles | Explore Electric Options | View 10ft Lorries