The Toyota Hilux is one of South Africa's best-selling vehicles, consistently staying in the top three brands and models in the country month after month. The Hilux remains one of the most valuable vehicles in their lineup and with a storied history, these vehicles do maintain their resale value over time and now we can see by how much.
How do I find out how much my second-hand car is worth?
There are many ways that you can ascertain what the value of your car may be. You can scour the internet, gathering info on similar makes and models as yours, you can search local listings to see what similar models are commanding in the market, you can approach a dealer for a valuation of you can make use of the free valuation tool on AutoTrader to see what types of value your particular vehicle has.
How to find out how much Toyota Hilux is worth
No matter your chosen method you will need to have some information on hand to get as accurate a pricing as possible. You will need to have year, make, model, mileage, service history, and condition. Using any aggregator will give you a rough idea of how much you can expect when selling or buying but you should always take these numbers with a pinch of salt as variances do occur especially when it comes to fast movers like the Hilux.
What affects the value of your Toyota Hilux
All the above-mentioned factors influence the price that someone is willing to pay for the vehicle. Most buyers will be looking for a good condition and popular make model that is not too old and has a good service history. These types of vehicles usually pull the best pricing. If any of these factors is in or at an undesirable point it will affect the price that it will sell for. Another factor to bear in mind is volume, if there is an oversupply of a particular type of vehicle or adversely not enough and a high demand, this will also affect the price that a vehicle can carry.
Do Toyota Hilux models hold their value?
With the Toyota brand closing in on almost 60 years in our local market and being one of if not the best-selling brand in SA, it is safe to say that any Toyota model really does maintain its value as long as it’s well taken care of, this is especially true of the Hilux as it is nearly perfectly suited to our environment. If we take a look at the current retail price of a new Hilux and the average of the same model two-year-old vehicle, the vehicle has only lost about 8% of it’s value.
How to increase the value of your Toyota Hilux
You can do a few small things to ensure that your Ford Ranger will be worth as much as possible when comes time to sell. You can keep the vehicle in as good a condition as possible, stick to the service schedule, perform regular maintenance and last but not least, keep it clean.
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