The second-generation Hilux, sold from 1972 to 1978, improved upon Toyota's successful small truck formula with more comfortable interiors and updated styling. It offered a longer 2.6-meter bed option and more powerful engines, including the 2.0L 18R inline-four, which provided a welcome boost over the standard 1.6L 12R. These trucks cemented Toyota's reputation for building durable, reliable work vehicles that could withstand incredible abuse.
Collectors are drawn to the 2nd-gen Hilux for its classic, uncluttered design and simple, easy-to-maintain mechanicals. It represents a key period in the rise of Japanese imports and is a direct ancestor to the trucks that gained worldwide fame for their indestructibility. The market is very condition-sensitive, distinguishing between tired workhorses and pristine, restored examples.
The market for these trucks shows a wide spread, with an average price around $13,500. While project trucks can be found for under $5,000, exceptional low-mileage survivors or professional restorations have sold for nearly $50,000. This demonstrates a strong and growing demand for top-tier examples of vintage Japanese trucks.
Buying Tips
- Rust is the primary concern; inspect the bed floor, cab corners, inner fenders, and the frame around the leaf spring mounts.
- The 12R and 18R engines are tough, but check for excessive blue smoke on startup, indicating worn valve seals or rings.
- Interior parts are scarce. Cracked dashboards, torn vinyl seats, and missing trim are common and can be very difficult to replace with original components.
- These were work trucks, so check the frame carefully for signs of cracks, accident damage, or poorly executed repairs, especially if it has a history of heavy hauling.
- Many have been modified over the decades. A truck with its original engine, steel wheels, and badging will command a significant premium over a heavily altered one.
Prices for the 2nd generation Hilux range from about $4,000 for projects to nearly $49,000 for concours-quality examples.
85 Toyota Hilux 2nd Gen vehicles have been tracked across auctions and listings on Hypercars, with 15 currently live.
Data sourced from Bring a Trailer, Cars & Bids, eBay Motors, PCarMarket, and Collecting Cars. Updated daily.
Run a business in this market?
Get Hypercars OS
