The Toyota HiLux is Australia’s second best-selling vehicle of 2026 so far and one of the most financed utes in the country. The range runs from the Workmate Hi-Rider 4x2 to an SR5 battery electric variant. New HiLux prices run from $33,990 to $82,990, and NIK Finance compares car loans across 130+ lenders to find the right one for you.
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| Toyota HiLux | |
|---|---|
| New price (2026 range) | $33,990 to $82,990 |
| Body types | Dual Cab, Extra Cab, Single Cab |
| Entry and top variants | Workmate Hi-Rider (4X2) to Sr5 Bev |
| 2025 new sales | 51,297 (3rd in Australia) |
| 2026 sales (January to September 2026) | 36,616 (2nd) |
Prices are list prices from Carsguide, based on Glass’s pricing data. Drive-away prices are higher once on-road costs such as registration and stamp duty are added.
The amount you borrow sets your repayments, and on a HiLux it depends mostly on the variant and your deposit. These are the loan amounts before on-road costs, which some lenders let you include in the loan.
| Price point | No deposit | 10% deposit | 20% deposit |
|---|---|---|---|
| Entry price ($33,990) | $34,000 | $30,500 | $27,000 |
| Middle of the range ($58,500) | $58,500 | $52,500 | $47,000 |
| Top of the range ($82,990) | $83,000 | $74,500 | $66,500 |
Most HiLuxs are bought for work, and that changes how the loan is best set up. If the ute is used more than half the time for business, a business loan such as a chattel mortgage usually fits better than a consumer car loan: you own the vehicle from day one, and a GST-registered business can generally claim the GST in the purchase price on its next BAS. On a HiLux listed at $33,990, that GST is about $3,090, rising to about $7,545 on the top variant. Confirm the tax position with your accountant before you sign.
See business car loans, how a chattel mortgage works, and low doc car loans for ABN holders.
Lenders finance used cars but limit how old a vehicle can be when the loan ends, so the model year affects the term you can get. Here is what earlier HiLuxs sell for, and how old each would be at the end of a 5- or 7-year loan.
| Model year | Used price range | Age at end of a 5-year loan | Age at end of a 7-year loan |
|---|---|---|---|
| 2023 | $19,690 to $68,530 | 8 years | 10 years |
| 2021 | $15,730 to $58,080 | 10 years | 12 years |
| 2018 | $11,000 to $43,560 | 13 years | 15 years |
Used prices are Glass’s pricing data via Carsguide and vary with kilometres, condition and variant. Read more about used car loans.
Set to the entry price of a new HiLux. Adjust the price, deposit, term, rate and balloon to see the repayments for the HiLux you want. Your actual rate depends on your credit profile and the lender.
$544.87 a month at 7.5% p.a.
Car loan rates range from under 6% to over 20% depending on your credit profile, and dealer finance is rarely the sharpest. Your Kreddi Score shows your approval odds and likely rate before you apply, so a decline never lands on your credit file.
Estimates use average lender assumptions and are not an offer of credit. Your actual position depends on which of our 130+ lenders assesses you.
A new Toyota HiLux is listed from $33,990 to $82,990 for the 2026 range. With a 10% deposit you would borrow about $30,500 for the entry variant or $74,500 for the top variant, before on-road costs. The repayment calculator on this page shows what that costs each month at the rate you enter.
Yes. A 2023 Toyota HiLux sells for about $19,690 to $68,530 used. Lenders also consider how old the car will be when the loan ends: a 2023 model would be 10 years old at the end of a 7-year loan, so an older HiLux may mean a shorter term.
A battery electric car provided by an employer can be FBT exempt if luxury car tax has never been payable on it. Check the specific variant and options against the ATO rules, and compare a novated lease with a car loan on total cost.
Yes. Sole traders are assessed on their tax returns, or on BAS and bank statements through a low doc loan if returns are not up to date. If the HiLux is used mostly for the business, a chattel mortgage is usually the better structure.
Answer a few quick questions to see how lenders will view you for a HiLux, then get a broker’s call back with real rates. No credit check.
Sources
Last reviewed 18 October 2026
NIK Finance Pty Ltd (ACN 685 393 917) is a Credit Representative (567387) of Finsure Finance & Insurance Pty Ltd (Australian Credit Licence 384704). This page is general information only and does not constitute financial advice. Consider your personal circumstances and speak with a licensed broker before applying for credit.