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Mitsubishi Triton vs Toyota Hilux

Value retention, real cost and monthly money, compared on the same 2026 South African data.

The short answer

Too close to call on resale: both keep about 76% of their value over three years. Decide on the deal, not the badge.

Both curves, one chart

R0R125kR250kR375kR500kNow1y2y3y4y5y6y7y8yYears from now
Mitsubishi Triton Toyota Hilux

Head to head

TritonHilux
New price (from)R 499 990R 379 700
±Monthly instalmentR 8 739/mR 6 637/m
Retained after 1 year87%87%
Retained after 3 years75%76%
Value after 3 yearsR 377 421R 288 289
Lost to depreciation (3y)R 122 569R 91 411
Value after 5 yearsR 320 039R 245 282
Our tierWorkhorse bakkie & ladder-frame SUVWorkhorse bakkie & ladder-frame SUV

Mitsubishi Triton

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.

Known for: strong spec for less money than a hilux

Toyota Hilux

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.

Known for: unkillable reputation and rock-solid resale

Common questions

Which holds value better, the Mitsubishi Triton or the Toyota Hilux?

They are close to inseparable: 75% vs 76% retained after three years. Buy on price, spec and the deal you can get, not on resale.

Which is cheaper to own over three years?

Depreciation is the biggest ownership cost. The Mitsubishi Triton loses about R 122 569 over three years and the Toyota Hilux loses about R 91 411. Fuel, insurance and servicing can narrow or widen that, but the depreciation gap is the number to start from.

What do they cost per month?

On typical finance (10% deposit, 72 months, 11.75%), the Mitsubishi Triton runs about R 8 739 per month and the Toyota Hilux about R 6 637, before fees and insurance.

Keep going

Modelled estimates on a retail basis; spec levels and real transaction prices vary.