Mitsubishi Triton value and depreciation
Known for strong spec for less money than a hilux.
Projected value of a new Mitsubishi Triton
We class the Mitsubishi Triton as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 75% after three years and 64% after five. Fleet, farm and family demand puts a floor under these. Expect roughly 75% retention after three years and strong rural resale forever.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 87% | R 435 680 | R 383 398 |
| 3 years | 75% | R 377 421 | R 332 130 |
| 5 years | 64% | R 320 039 | R 281 634 |
| 7 years | 53% | R 265 580 | R 233 710 |
| 10 years | 39% | R 196 426 | R 172 855 |
Estimates for a new purchase at R 499 990; retail basis, trade-in ≈ 12% under retail.
Mitsubishi's one-ton bakkie replaced the long-serving Colt in 2007 and has always offered generous spec for the money. The sixth generation reached South Africa in late 2024 with a 2.4 bi-turbo diesel option in higher grades. Volumes trail the Hilux and Ranger by a wide margin, which keeps used prices attractive but resale percentages softer.
What used Triton years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Triton | R 499 990 | R 439 991 | Details → |
| 2025 Triton | R 412 967 | R 363 411 | Details → |
| 2024 Triton | R 364 328 | R 320 609 | Details → |
| 2023 Triton | R 321 417 | R 282 847 | Details → |
| 2022 Triton | R 280 546 | R 246 880 | Details → |
| 2021 Triton | R 244 873 | R 215 488 | Details → |
| 2020 Triton | R 211 439 | R 186 066 | Details → |
| 2019 Triton | R 182 570 | R 160 662 | Details → |
| 2018 Triton | R 157 642 | R 138 725 | Details → |
| 2017 Triton | R 134 640 | R 118 483 | Details → |
| 2016 Triton | R 114 994 | R 101 195 | Details → |
| 2015 Triton | R 98 215 | R 86 429 | Details → |
Triton against its rivals
Where the Triton ranks
Mitsubishi Triton: common questions
What is a Mitsubishi Triton worth after 3 years?
A Mitsubishi Triton bought new today for R 499 990 is projected to be worth about R 377 421 after three years, which is 75% of its price. A dealer trade-in offer would sit closer to R 332 130.
Does the Mitsubishi Triton hold its value?
We class the Mitsubishi Triton as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 75% after three years and 64% after five. Fleet, farm and family demand puts a floor under these. Expect roughly 75% retention after three years and strong rural resale forever.
What does a used Mitsubishi Triton cost?
As a guide: a 2024 model is worth about R 364 328 retail today, while a 2015 model sits around R 98 215. Condition, mileage and spec move real prices by 10% or more either way.
What would a Mitsubishi Triton cost per month?
Financing a new Mitsubishi Triton at R 499 990 over 72 months at 11.75% with a 10% deposit comes to roughly R 8 739 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.