Types of Commercial Vehicle

by | May 18, 2022 | Happenings | 0 comments

How To Choose The Right Vehicle?

There are 3 main types of Commercial Vehicles in Singapore. The various classifications will determine how much road tax you will need to pay when buying a commercial vehicle.

This guide will help you find which one works best for your business!

Light Goods Vehicle

Gross Vehicle Weight:
Up to 3,700 kg
Purpose:
Transport goods; Transport Passengers
(can carry up to 15 pax)
Vehicles:
Nissan Cabstar, Volkswagen Caddy, Toyota Hiace Commuter/Van
ARF:
5% of vehicle’s Open Market Value (OMV)

Medium Duty Trucks (MDT)

Gross Vehicle Weight:
More than 5,000 kg
Purpose:
Transport goods
Vehicles
Mitsubishi Fuso Canter, Isuzu N-Series, Hino 300
ARF:
5% of vehicle’s Open Market Value (OMV)

Heavy Duty Trucks (HDT)

Gross Vehicle Weight:
More than 10,400 kg
Purpose:
Includes recovery, construction, sanitation, transport (e.g., tow trucks, cranes, mixers)
Vehicles:
Isuzu F-Series, Hino 500,
Mitsubishi Fuso Fighter
ARF:
5% of vehicle’s Open Market Value (OMV)