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What is a 2020 GWM P-Series (P300) worth?

Our estimate for a 6-year-old GWM P-Series (P300) in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 137 894
R 125 484 to R 150 304
Trade-in offer
R 121 347
what a dealer would pay
Cost new (est.)
R 300 941
2020 launch pricing
Value kept
46%
R 163 047 depreciated

The 2020 P-Series (P300) on its value curve

R0R100kR200kR300kR400kNow1y2y3y4y5y6y7y8y9y10y11yYears from now

The marker shows where a 2020 model sits today: 6 years in, 54% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 12% a year.

If you buy it now

Fair buy price (retail)R 137 894
Worth in 1 yearR 121 577
Worth in 3 yearsR 93 530
3-year cost of ownership (depreciation)R 44 364
±Monthly financedR 2 410/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2021R 165 004See value →
2020 (this page)R 137 894+R 27 110 to newest

2020 GWM P-Series (P300): common questions

What is a 2020 GWM P-Series (P300) worth in South Africa?

Around R 137 894 as a retail asking price, with clean low-mileage examples reaching R 150 304 and higher-mileage cars closer to R 125 484. A dealer trade-in offer would sit near R 121 347.

Is a 2020 GWM P-Series (P300) a good buy now?

It has already absorbed 54% of its new-car depreciation. If you buy at R 137 894 and keep it three years, expect it to shed roughly R 44 364 more. As a chinese (established) model, its steepest losses are behind it, which is exactly when this kind of car makes the most financial sense used.

What did a 2020 GWM P-Series (P300) cost new?

About R 300 941 at launch pricing in 2020 (our estimate, deflated from today's list price). It has kept 46% of that.

What would financing a 2020 GWM P-Series (P300) cost monthly?

At R 137 894 over 72 months at 11.75% with 10% down, roughly R 2 410 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

Keep going

Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.