Toyota Hilux value and depreciation
Known for unkillable reputation and rock-solid resale.
Projected value of a new Toyota Hilux
We class the Toyota Hilux as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 76% after three years and 65% 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 331 820 | R 292 002 |
| 3 years | 76% | R 288 289 | R 253 694 |
| 5 years | 65% | R 245 282 | R 215 848 |
| 7 years | 54% | R 204 325 | R 179 806 |
| 10 years | 40% | R 152 064 | R 133 816 |
Estimates for a new purchase at R 379 700; retail basis, trade-in ≈ 12% under retail.
South Africa's best-selling vehicle for most of the past two decades, built locally in Durban. The range runs from basic single cab workhorses under R400k to the new ninth-generation double cabs approaching R1 million. Used Hilux values hold up better than almost anything else on the market, which keeps demand strong even for high-mileage examples.
What used Hilux 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 Hilux | R 379 700 | R 334 136 | Details → |
| 2025 Hilux | R 314 521 | R 276 778 | Details → |
| 2024 Hilux | R 277 881 | R 244 535 | Details → |
| 2023 Hilux | R 245 511 | R 216 050 | Details → |
| 2022 Hilux | R 214 653 | R 188 895 | Details → |
| 2021 Hilux | R 187 674 | R 165 153 | Details → |
| 2020 Hilux | R 162 360 | R 142 877 | Details → |
| 2019 Hilux | R 140 461 | R 123 606 | Details → |
| 2018 Hilux | R 121 515 | R 106 933 | Details → |
| 2017 Hilux | R 104 008 | R 91 527 | Details → |
| 2016 Hilux | R 89 023 | R 78 340 | Details → |
| 2015 Hilux | R 76 197 | R 67 053 | Details → |
Hilux against its rivals
Where the Hilux ranks
Toyota Hilux: common questions
What is a Toyota Hilux worth after 3 years?
A Toyota Hilux bought new today for R 379 700 is projected to be worth about R 288 289 after three years, which is 76% of its price. A dealer trade-in offer would sit closer to R 253 694.
Does the Toyota Hilux hold its value?
We class the Toyota Hilux as a workhorse bakkie & ladder-frame suv in our 12-tier model, which puts its retention at roughly 76% after three years and 65% 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 Toyota Hilux cost?
As a guide: a 2024 model is worth about R 277 881 retail today, while a 2015 model sits around R 76 197. Condition, mileage and spec move real prices by 10% or more either way.
What would a Toyota Hilux cost per month?
Financing a new Toyota Hilux at R 379 700 over 72 months at 11.75% with a 10% deposit comes to roughly R 6 637 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.