
Maxus V80
Launched
RM102,076–RM139,422
Overview
The Toyota Hiace is a commercial van for operators needing either a compact two-seat cargo carrier or a 10-seat long-wheelbase people mover. This Mk5 generation launched in 2006 and remains on sale in Malaysia with diesel power. Prices start from RM123,000 for the Panel Van 2.5 Turbo Diesel.
The 2026 Toyota Hiace carries on unchanged. Toyota’s October 2025 Hiace Concept previews a next-generation commercial van with a pillarless side and full-width display, but it is not a Malaysian production update. The 2006-launched Mk5 remains the Malaysian model, sold as the two-seat Panel Van 2.5 Turbo Diesel and the 10-seat SLWB. The SLWB uses a 2.755-litre diesel and automatic transmission.
RM123,000–RM169,000 · est. from RM1,255/mo
Which variant to buy
For most cargo-focused buyers, the RM123,000 Panel Van 2.5 Turbo Diesel is the logical Hiace: it has two seats, a manual gearbox and AWD. Pay RM169,000 for the SLWB only if carrying people is central to the job. The RM46,000 gap brings 10 seats, a 2.755-litre 175 hp diesel, RWD and an automatic, against the Panel Van’s 2.494-litre 101 hp diesel. These are two distinct working tools, not merely different trims.
Key specs
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Key specs
The Hiace gives Malaysian operators a clear split between a two-seat AWD panel van and a 10-seat automatic long-wheelbase model. But it is expensive in its class: the Nissan NV200 starts from RM79,800 and the Maxus V80 from RM102,076, both below even the entry Hiace. Its age is also plain, as Toyota’s 2025 concept points towards a future successor rather than a refresh of this Mk5.
1,125 registered so far in 2026 — Malaysia's #52 best-selling model this year.
Full Hiace sales data, month by month →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.
| Year | Trade guide | Typical asking | Holds |
|---|---|---|---|
| 2026 | RM123,000 | — | 100% |
| 2025 | RM105,100 | — | 85% |
| 2024 | RM98,900 | — | 80% |
| 2023 | RM86,600 | RM99,300 (14) | 88% |
| 2022 | RM76,400 | RM87,800 (5) | 90% |
| 2021 | RM73,100 | RM84,800 (8) | 87% |
| 2020 | RM71,000 | RM78,800 (5) | 80% |
| 2019 | RM73,800 | RM79,800 (13) | 73% |
| 2018 | RM70,900 | RM79,800 (9) | 73% |
| 2017 | RM64,900 | RM68,800 (16) | 63% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
same class, similar money
The Toyota Hiace costs from RM123,000 for the Panel Van 2.5 Turbo Diesel. The 10-seat SLWB costs RM169,000.
Choose the Panel Van 2.5 Turbo Diesel for two-seat cargo work, AWD and a manual gearbox. Choose the SLWB only when you need its 10 seats and automatic transmission.
No. The Malaysian Hiace remains the Mk5 generation launched in 2006. Toyota’s 2025 Hiace Concept previews a next-generation van, but it is not the current production model.
The Panel Van 2.5 Turbo Diesel has two seats. The SLWB has 10 seats.