What should you do when your EV lease period ends? This question arises for many businesses and individuals managing electric vehicle operations in Singapore. At EVFY, we don’t view lease-end as a final step—it’s a chance to plan your next move, confidently and without stress.
We understand that priorities shift. Your business might expand. Your routes might evolve. Or, maybe you're ready to explore a newer model with better features. Whatever the case, when your EV lease Singapore ends with EVFY, you're in control of what happens next.
Key Takeaways
Leases automatically continue on a month-to-month basis unless you opt out or switch.
EVFY gives you multiple options at lease-end: renew, upgrade, buy, or return.
Final inspections are clear and fairly handled, based on transparent condition guides.
The Singapore EV landscape is rapidly growing, making EV leasing smarter than ever.
EVFY’s fleet includes high-performance, business-ready EVs like the BYD T3 and DFSK EC35.
End of EV Lease? Here’s What You Can Do
EVFY offers four simple paths at the end of your lease term. Whichever you choose, we’ll support the transition every step of the way.
1. Continue on a Month-to-Month Basis
Unless otherwise stated, your EV lease Singapore automatically renews month-to-month after the end of your original lease period. This seamless renewal means you won’t face downtime or paperwork while deciding your next move.
It's the perfect arrangement if you're unsure about your future vehicle plans but want to keep driving without disruption.
2. Renew or Upgrade Your EV Lease Singapore
If your current EV still works for your operations, you’re welcome to renew under a new lease. But if you're eyeing a more powerful model with enhanced cargo space or faster charging, we encourage you to upgrade instead.
EVFY offers a full lineup of commercial-grade EVs suited to Singapore’s business environment:
BYD T3 • Max Payload: 780 kg • Range: Up to 300 km • Cargo Volume: 3800 L • Charging Time: 1.3 hrs DC / 7.6 hrs AC
DFSK EC35 • Max Payload: 1100 kg • Range: Up to 331 km • Cargo Volume: 4800 L • Charging Time: 1.0 hr DC / 5.9 hrs AC
Golden Dragon XML5036 • Max Payload: 1730 kg • Range: Up to 250 km • Cargo Volume: 6500 L
DFSK EC31 • Max Payload: 1280 kg • Range: Up to 280 km • Compact truck with impressive maneuverability
SRM T3 • Max Payload: 1625 kg • Range: Up to 300 km • High-capacity electric truck for growing operations
Every vehicle is designed to meet the evolving demands of Singapore’s delivery, logistics, and service industries. Learn more about each model at evfy.sg/leasing.
3. Buy the Vehicle You’ve Come to Rely On
Some drivers and fleet managers develop a strong preference for a vehicle they’ve come to rely on. If that’s you, purchasing the EV at the end of your lease is a great option.
We’ll offer:
Competitive buyout pricing
Easy transition to ownership
Quick documentation and support
No need to relearn a new system or retrain drivers—just keep what works.
4. Return the Vehicle to EVFY
If you’re wrapping up your time with EVFY or changing your transport strategy, returning your vehicle is equally smooth.
Here’s how it works:
Pre-Return Notification We’ll notify you 60 to 90 days before your lease ends to help you plan.
Inspection Scheduling Book a convenient time for our inspection team to assess the vehicle.
Condition Review We’ll assess the EV based on industry-standard wear and tear guidelines, which we provide to you in advance.
Closure Any necessary adjustments, such as fees for excessive wear, will be handled transparently before the lease is officially closed.
Singapore’s EV Landscape: Why Leasing Makes Sense
Leasing EVs has become the preferred choice for many in Singapore. With government policies pushing toward a fully electric transport system, EV leasing offers a strategic way to adapt without financial overreach.
EVFY positions itself at the heart of this transition with:
Financial Flexibility Leasing allows businesses to manage cash flow more effectively than purchasing large fleets outright.
Government Support Singapore’s incentives—including reduced road tax and the EV Early Adoption Incentive (EEAI)—boost affordability.
Scalable Fleets Businesses can scale up or down according to seasonal or contractual needs.
Access to Modern Technology EVs improve rapidly. Leasing ensures you’re not stuck with outdated vehicles.
EVFY has designed its leasing programs to work hand-in-hand with these developments, helping clients respond to new regulations, optimize routes, and reduce total operational costs.
What You Should Do as Lease-End Approaches
We recommend taking the following actions 2–3 months before your lease concludes:
Check Your Lease Terms Understand your options and notice periods outlined in your agreement.
Inspect the Vehicle Address any potential issues early using the provided wear-and-tear guide.
Evaluate Your Needs Determine whether your current vehicle is still the right fit or if an upgrade would serve your business better.
Speak With EVFY Early Starting the conversation early gives you access to more model choices and better scheduling flexibility.
Our team is always ready to assist at evfy.sg/contact-us.
Why EVFY Is the Smart Choice for EV Leasing in Singapore
With an expanding fleet, responsive customer service, and deep knowledge of local road conditions, EVFY has become a trusted partner for businesses across Singapore. Our mission isn’t just to provide vehicles—it’s to help companies move toward more sustainable and cost-effective transport operations.
We do this through:
Clear, straightforward leasing terms
Ongoing support, including maintenance and roadside assistance
Regular fleet upgrades and access to the latest EV models
Guidance on government incentives and fleet optimization
Whether you're operating a single electric van or managing a multi-vehicle fleet, we’re committed to helping you stay mobile, efficient, and compliant.
Your Lease May End, But Your Relationship With EVFY Doesn't
At EVFY, we don’t view a lease-end as a goodbye. It’s simply a turning point. One where you choose how to move forward—with more clarity, confidence, and choice.
We’re here to help you:
Scale efficiently as your business grows
Stay ahead of compliance with Singapore’s green transport goals
Access a modern electric fleet designed for commercial use
Control costs while making meaningful progress on sustainability
Explore your lease-end options or upgrade your journey with EVFY today.
Visit evfy.sg/leasing to discover our full fleet.
Contact our team at evfy.sg/contact-us for guidance tailored to your needs.
Let’s keep driving forward—smarter, cleaner, and together.