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
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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.
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?
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 %
2017 Toyota HILUX DOUBLE CAB G 4X4 2.8
RM 99,700
RM 1,121
/month
76,745 km
7 years
Petaling Jaya
2017 Toyota HILUX DOUBLE CAB G 4X4 2.4
RM 99,500
RM 1,090
/month
55,584 km
6.5 years
Petaling Jaya
2017 Toyota HILUX DOUBLE CAB G 4X4 2.8
RM 101,600
RM 1,081
/month
76,505 km
6.5 years
Masai
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.
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.
2018 Isuzu D-MAX TFS86JDR-TLPH 2.5
RM 87,900
RM 963
/month
67,416 km
5.5 years
Kuantan
2014 Isuzu D-MAX TFS86JDR-TLPH 2.5
RM 68,400
RM 755
/month
92,305 km
9.5 years
Kuala Lumpur
2016 Isuzu D-MAX 4X2 (DOUBLE CAB) 2.5
RM 56,900
RM 624
/month
29,680 km
7.5 years
Kuala Lumpur
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.
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 LR 4X2 DC 2.5
RM 53,200
RM 583
/month
33,272 km
6.5 years
Petaling Jaya
2015 Mitsubishi TRITON VGT HS 2.5
RM 77,100
RM 907
/month
111,555 km
8.5 years
Kuala Lumpur
2016 Mitsubishi TRITON VGT HS 4WD DC 2.4
RM 87,400
RM 943
/month
69,845 km
7 years
Masai
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.
Conclusion – You won't lose much by selling your used Hilux, but a used D-Max is the better buy
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.
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.
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.
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.
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.