Car Buyer's Guide

Overview

The Toyota Hiace is a fifth-generation commercial van, launched in 2006, for operators needing either a two-seat panel van or a 10-seat long-wheelbase people carrier. Malaysia’s range starts from RM127,800, with diesel power, rear-wheel drive and a choice of manual or automatic transmission.

Hiace in 2026 — what's new

The Mk5 Hiace carries into 2026 unchanged with two Malaysian variants: the Panel Van 3.0 Turbo Diesel and the SLWB. The 2024 updates brought the 3.0-litre turbodiesel Panel Van and the SLWB with a 2.8-litre turbodiesel and six-speed automatic. A 2025 Hiace Concept previews a next-generation commercial van with a pillarless side and full-width display.

Which variant to buy

Most cargo-focused buyers should pick the RM127,800 Panel Van 3.0 Turbo Diesel. It has two seats, a 2,982 cc 134 hp diesel engine, rear-wheel drive and a manual gearbox. Pay RM41,200 more for the RM169,000 SLWB only if carrying people matters: it has 10 seats, a 2,755 cc 175 hp diesel, rear-wheel drive and an automatic transmission. This is a functional split, not merely a trim choice.

Verdict

The Hiace range gives commercial buyers a clear choice between a two-seat manual Panel Van and a 10-seat automatic SLWB. Its pricing sits well above the RM79,800 Nissan NV200 and RM102,076 Maxus V80: even the entry Hiace costs RM25,724 more than the Maxus. The SLWB’s extra seats, stronger 175 hp diesel and automatic gearbox explain its role, but it is a substantial outlay.

Variants (2)

RM127,800–RM169,000 · est. from RM1,305/mo

Previous model years (12)

Toyota Hiace buyer's guides & reviews

Buying a new Hiace? Sell your old car for a better price, get paid in 24 hours

Toyota Hiace sales in Malaysia

1,781 registered so far in 2026 — Malaysia's #52 best-selling model this year. 198 were registered in Sep 2026, the latest month on record.

Oct 2025: 173 Nov 2025: 133 Dec 2025: 164 Jan 2026: 142 Feb 2026: 91 Mar 2026: 172 Apr 2026: 215 May 2026: 256 Jun 2026: 249 Jul 2026: 269 269 Aug 2026: 189 Sep 2026: 198 Oct 2025 Sep 2026 Full Hiace sales data, month by month →

Toyota Hiace resale value

What a used Hiace holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.

A three-year-old Hiace holds about 95% of its original value — stronger than the market average of 62%. The slower the line falls, the better it holds its value.
0% 50% 100% 1 2 3 4 5 6 7 8 9 10 Age (years)
Toyota Hiace Market average
Year Trade guide Typical asking Holds
2026 RM123,000 — 100%
2025 RM104,100 RM148,800 (6) 121%
2024 RM98,000 — 80%
2023 RM85,800 RM106,800 (9) 95%
2022 RM75,700 — 77%
2021 RM72,400 RM97,800 (7) 100%
2020 RM70,300 RM79,800 (8) 81%
2019 RM73,100 RM77,300 (8) 71%
2018 RM70,200 — 64%
2017 RM64,300 RM71,800 (7) 66%

Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.

Rivals to consider

same class, similar money

Toyota Hiace FAQ

How much is the Toyota Hiace in Malaysia?

The Toyota Hiace starts at RM127,800 for the Panel Van 3.0 Turbo Diesel. The 10-seat SLWB costs RM169,000.

Which Toyota Hiace variant should I buy?

Choose the Panel Van 3.0 Turbo Diesel for a two-seat, manual commercial van. Choose the SLWB if you need 10 seats and an automatic gearbox; it costs RM41,200 more.

How many seats does the Toyota Hiace have?

The Panel Van 3.0 Turbo Diesel has two seats. The SLWB has 10 seats.

Is the Toyota Hiace rear-wheel drive?

Yes. Both Malaysian Hiace variants use rear-wheel drive. The Panel Van has a manual transmission, while the SLWB uses an automatic.

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