HiLux or Ranger: which holds its value?
New, they cost about the same. Five years on, a used HiLux asks about $10,000 more than a Ranger of the same age. We compare Australia's five most common used utes.
The Ford Ranger and Toyota HiLux are the two most common used cars for sale in Australia, and the two utes most people cross-shop. We compared their asking prices by year of build, using every used one advertised in the second week of November 2026. Each figure is a median, rounded to the nearest $500.
Close when young, far apart later
| Built | HiLux | Ranger | Gap |
|---|---|---|---|
| 2025 | $63,000 | $62,000 | $1,000 |
| 2024 | $60,000 | $56,000 | $4,000 |
| 2023 | $52,000 | $50,000 | $2,000 |
| 2022 | $45,000 | $39,000 | $6,000 |
| 2021 | $43,000 | $33,000 | $10,000 |
| 2020 | $41,000 | $31,000 | $10,000 |
| 2019 | $38,000 | $29,000 | $9,000 |
| 2018 | $37,000 | $27,000 | $10,000 |
| 2017 | $34,000 | $24,500 | $9,500 |
| 2016 | $30,000 | $22,000 | $8,000 |
| 2015 | $27,000 | $18,000 | $9,000 |
A one-year-old HiLux and Ranger ask almost the same. By four years old the gap is $6,000, and from five years old it settles at about $9,000 to $10,000, where it stays for the next decade.
Put another way, a 2021 HiLux still asks about two-thirds of what a 2025 one does. A 2021 Ranger asks just over half.
Why the gap?
Asking prices reflect what buyers will pay, and buyers pay more for an older HiLux. The HiLux's reputation for lasting a long time on hard work is a large part of it, and it is in demand from fleets, farms and buyers overseas. Its odometers are also no lower: the median HiLux for sale has done 99,000 km, against 92,000 km for the Ranger.
The Ranger's own numbers have a story too. The current model went on sale in 2022, and 2023 and later Rangers ask much more than the older model, which pulls the newer years up and makes the earlier drop look steeper.
None of this makes the Ranger the worse buy. If you keep a ute for a long time, the HiLux's higher resale is worth having. If you are buying a five-year-old ute, the Ranger is about $10,000 cheaper for a similar car.
The rest of the field
| Model | For sale | Median price | Median km |
|---|---|---|---|
| Ford Ranger | about 3,200 | $37,000 | 92,000 |
| Toyota HiLux | about 2,400 | $43,000 | 99,000 |
| Mitsubishi Triton | about 1,000 | $27,000 | 125,000 |
| Isuzu D-Max | about 680 | $40,000 | 94,000 |
| Mazda BT-50 | about 550 | $30,500 | 112,000 |
The Isuzu D-Max holds its value close to the HiLux: a 2021 D-Max asks a median of $40,000. The Mazda BT-50 shares its current underpinnings with the D-Max but asks less, and the Mitsubishi Triton is the cheapest of the five, partly because the median one for sale has done the most kilometres.
Every year, version and engine of these utes is in their price guides: HiLux, Ranger, D-Max, BT-50 and Triton.
