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What is a 2024 GWM P-Series (P300) worth?

Our estimate for a 2-year-old GWM P-Series (P300) in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 271 356
R 246 934 to R 295 778
Trade-in offer
R 238 793
what a dealer would pay
Cost new (est.)
R 372 813
2024 launch pricing
Value kept
73%
R 101 457 depreciated

The 2024 P-Series (P300) on its value curve

R0R100kR200kR300kR400kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 27% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 10% a year.

If you buy it now

Fair buy price (retail)R 271 356
Worth in 1 yearR 244 186
Worth in 3 yearsR 193 755
3-year cost of ownership (depreciation)R 77 601
±Monthly financedR 4 743/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 318 134See value →
2024 (this page)R 271 356+R 46 778 to newest
2023R 231 455+R 86 679 to newestSee value →

2024 GWM P-Series (P300): common questions

What is a 2024 GWM P-Series (P300) worth in South Africa?

Around R 271 356 as a retail asking price, with clean low-mileage examples reaching R 295 778 and higher-mileage cars closer to R 246 934. A dealer trade-in offer would sit near R 238 793.

Is a 2024 GWM P-Series (P300) a good buy now?

It has already absorbed 27% of its new-car depreciation. If you buy at R 271 356 and keep it three years, expect it to shed roughly R 77 601 more. As a chinese (established) model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 GWM P-Series (P300) cost new?

About R 372 813 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 73% of that.

What would financing a 2024 GWM P-Series (P300) cost monthly?

At R 271 356 over 72 months at 11.75% with 10% down, roughly R 4 743 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.