Toyota Hilux Resale Value & IDV
A new Hilux (₹31.99 Lakh – ₹36.69 Lakh ex-showroom, September 2026) carries an IDV of ₹30,39,050–₹34,85,550 in its first six months, falling to ₹22,39,300–₹25,68,300 at 2–3 years under IRDAI's schedule. Market-wide, cars lose an average 21% of value in year one and 41% by year five (Autocar India–Spinny Used Car Study 2026 (11,000+ transactions, 9 cities)).
IDV year by year — the number your insurer must use
IDV (Insured Declared Value) is what your insurer pays on theft or total loss. IRDAI's depreciation schedule fixes it from ex-showroom price for the first 5 years — computed below from our verified Hilux prices (). After 5 years, IDV is negotiated with the insurer.
| Car's age | Depreciation | IDV — GX 4x2 AT (₹31.99 Lakh) | IDV — VX 4x4 AT (₹36.69 Lakh) |
|---|---|---|---|
| Up to 6 months | −5% | ₹30,39,050 | ₹34,85,550 |
| 6 months – 1 year | −15% | ₹27,19,150 | ₹31,18,650 |
| 1 – 2 years | −20% | ₹25,59,200 | ₹29,35,200 |
| 2 – 3 years | −30% | ₹22,39,300 | ₹25,68,300 |
| 3 – 4 years | −40% | ₹19,19,400 | ₹22,01,400 |
| 4 – 5 years | −50% | ₹15,99,500 | ₹18,34,500 |
Registration and insurance costs are excluded from IDV by rule. If an insurance quote shows an IDV well below these figures, it is understated — check it on our insurance quote comparator.
What the used market actually pays
Resale price is a market outcome, not a formula. The best public benchmark is the Autocar India–Spinny Used Car Study 2026 (11,000+ transactions, 9 cities): on average, cars lose 21% by year 1, 33% by year 3 and 41% by year 5. Individual cars swing well around these averages on condition, kilometres, city, colour and service history.
Why we don't predict this car's exact resale price
Sites that quote a rupee-exact resale value for a specific model-year are guessing — two identical cars routinely part ways by ₹50,000 or more on condition and history alone. What we publish here is only what can be computed or attributed: the IDV schedule your insurer is bound to, and a large-sample market study. For a real number on a real car, get two or three written quotes and compare them with our exchange offer checker.
Frequently Asked Questions
What is the IDV of a new Toyota Hilux?
In its first six months, the Hilux's IDV is ex-showroom minus 5%: about ₹30,39,050 for the base GX 4x2 AT and ₹34,85,550 for the top VX 4x4 AT. This is fixed by IRDAI's depreciation schedule, so any insurance quote with a meaningfully lower IDV is understating your cover.
What will the Toyota Hilux be worth after 3 years?
Its insurance IDV at 2–3 years is ex-showroom minus 30% (about ₹22,39,300 on the base variant). Actual resale is set by the market, not a formula — the market-wide average is 33% depreciation at 3 years per the Autocar India–Spinny Used Car Study 2026 (11,000+ transactions, 9 cities) — and your car's condition, kilometres, city and service history move the real number substantially either way.
Does the Hilux's fuel type affect resale?
Yes — powertrain mix is one of the biggest resale factors. Diesel holds value better where long-distance use is common, CNG commands a premium in high-fuel-cost cities, and EVs' resale depends heavily on remaining battery warranty. The Hilux range spans Diesel.
Why don't you publish an exact resale prediction?
Because nobody can honestly compute one. Two identical cars can differ by ₹50,000+ at resale on condition, kilometres, colour and city alone. We publish what is computable — the IRDAI IDV schedule your insurer must follow — and the attributed market-average benchmark, and skip the false precision.