Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years

Eric · Jun 10, 2022 02:31 PM

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 01

In Malaysia, resale value is a major purchase consideration for car buyers. We can laugh at the silliness of people who allow the next buyer to determine their choice of car, but that's the reality of car sales in Malaysia. 

Typically, when resale value in mentioned, the general consensus seems to favour Toyota, but our research with B- and C-segment sedans indicated that Honda has the slight edge when it comes to residual values.

Also Read: B-segment sedan resale values: City and Vios lead, but Almera is worse than Vento?

Can third time be the charm for Toyota? Let’s compare prices of 5-year old used pick-up trucks, including the Toyota Hilux, Isuzu D-Max, and Mitsubishi Triton.

To keep things consistent, we picked the range-topping automatic variants of these pick-up trucks.

Toyota Hilux – Is this the de-facto resale value king?

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 01

In the case of the Hilux, we'll pick the Hilux 2.4G AT and Hilux 2.8G AT.

2017 Toyota Hilux 2.4 AT depreciation value
Price when new RM 116,300
Average used car price RM 100,000
Value retained 85 %

Back in 2017, a brand-new Hilux 2.4G AT was priced from RM 116,300. Based on our research, the average price of a 5-year old Toyota Hilux 2.4G 4x4 AT hovers around the RM 100k mark. That would mean that the Hilux 2.4G is able to retain roughly 85 percent of its value after 5 years.

2017 Toyota Hilux 2.8 AT depreciation value
Price when new RM 130,900
Average used car price RM 106,000
Value retained 79 %

 

Then there’s the Hilux 2.8G 4x4 AT. When it was new, this variant was priced from RM 130,900. As for a used unit, a 5-year old model is priced around the RM 106k region, meaning that this variant of the Hilux can retain roughly 79 percent of its value.

Also Read: Truck wars: Mitsubishi Triton vs Toyota Hilux vs Isuzu D-Max

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 02

Isuzu D-Max – This is a value-for-money option 

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 03

The next contender on our list is the Isuzu D-Max. Isuzu Malaysia introduced a wide range of D-Max variants over the years, but for the purpose of this comparison we will pick the range-topping Z-Prestige variant.

2017 Isuzu D-Max 2.5 depreciation value
Price when new RM 116,517
Average used car price RM 82,000
Value retained 66 %

5 years ago in 2017, the Isuzu D-Max 2.5 Z-Prestige was priced from RM 116,517. As for a used unit, we noticed that prices of a used D-Max 2.5 Z-Prestige average out at RM 82k, meaning that the D-Max only retains 66 percent of its value after 5 years.

2017 Isuzu D-Max 3.0 depreciation value
Price when new RM 124,312
Average used car price RM 84,000
Value retained 62 %

As for the bigger capacity D-Max 3.0 Z-Prestige, this variant was priced from RM 124,312 back in 2017. Used, 5-year old examples of this variant are typically priced around the RM 84k mark, indicating that it managed to hold roughly 62 percent of its original value. 

However, we suspect that the situation could be a bit different in Sabah / Sarawak, where road taxes are cheaper, and the Isuzu brand is very strong there.

Also Read: All-new Isuzu D-Max vs Triton vs Hilux - which is Malaysia's best-value pick-up truck?

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 04

Mitsubishi Triton – Underrated gem?

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 05

The third contender in this list is none other than the Mitsubishi Triton. Like the other two pick-up trucks, we will pick the Triton VGT Adventure and VGT Adventure X variants, as they are the range-topping variants.

2017 Mitsubishi Triton 2.4 Adventure depreciation value
Price when new RM 123,130
Average used car price RM 88,000
Value retained 67 %

When new, the Triton Adventure VGT was priced from RM 123,130 while a 5-year old used example is priced around the RM 88k mark. That would mean that the Triton retains roughly 67 percent of its original value, even after 5 years.

 

2017 Mitsubishi Triton 2.4 Adventure X depreciation value
Price when new RM 130,900
Average used car price RM 95,000
Value retained 69 %

Then there’s the Triton Adventure X VGT, which was priced from RM 130,900, A 5-year old used example is priced in the RM 95k range, meaning that it also retains roughly 69 percent of its original value.

Also Read: Pros and Cons: 2021 Mitsubishi Triton Athlete, this over the Hilux and new D-Max?

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 06

Conclusion – You won't lose much by selling your used Hilux, but a used D-Max is the better buy

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 07

A 5-year old Toyota Hilux can command up to 85% of its original value

With the data all laid out in an easy-to-read format, it's quite clear that the Toyota Hilux is the undisputed resale value king, edging ahead of the Isuzu D-Max and Mitsubishi Triton. 

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 08

If you happen to have a Hilux, you would be pleased to know that a 5-year old model can hold up to 85 percent of its original value. Pretty impressive, considering that its siblings, the Vios and Corolla Altis, couldn't quite hold up against its Honda rivals. 

Also Read: A Honda Civic holds 2x better value than a Fluence? Which C-segment sedan is the resale value king?

Used pick-up trucks: Toyota Hilux, Isuzu D-Max, Mitsubishi Triton - how their resale value hold up after 5 years 09

That being said, it's not necessarily the end if you have a D-Max or Triton. While these two trucks can't hold a candle against the Hilux's resale values, the D-Max has a bullet-proof turbodiesel under the hood, while the comfort levels, practicality, and handling of the Triton are almost segment leading.

Also Read: Few realize Isuzu’s pioneering work, and this is why you don’t hear much about them

Also Read: In Brief: Mitsubishi Triton VGT Adventure X – Best handling pickup truck?

And that's prices in Peninsular Malaysia. Prices and demand for these pick-up trucks in Sabah and Sarawak are on a whole different level, but we'll leave that topic for another day.

If you do decide to make that jump, you can find some great deals on used pick-up trucks at Carsome here. Remember that all cars purchased from Carsome comes with a 5-day money-back guarantee.

Eric

Editor

Started from the IT industry but somehow managed to find his way into the automotive industry. If he’s not gaming, he’s constantly tinkering with his daily/weekend car.

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