GWM Tank 500 value and depreciation
Known for seven-seat hybrid luxury off-roader.
Projected value of a new GWM Tank 500
We class the GWM Tank 500 as a chinese (established) in our 12-tier model, which puts its retention at roughly 61% after three years and 46% after five. Chery, Haval and GWM now hold book value close to mainstream rivals, but dealers still offer noticeably less on trade-in and the long-term durability story is unwritten.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 78% | R 955 457 | R 840 802 |
| 3 years | 61% | R 745 685 | R 656 203 |
| 5 years | 46% | R 568 091 | R 499 920 |
| 7 years | 34% | R 422 347 | R 371 665 |
| 10 years | 21% | R 264 123 | R 232 428 |
Estimates for a new purchase at R 1 228 950; retail basis, trade-in ≈ 12% under retail.
The Tank 500 is GWM's large hybrid luxury off-roader, launched in August 2024 against the Prado and Everest. It pairs a seven-seat ladder-frame body with a strong petrol hybrid drivetrain and standard lockers. At about R1.23m it is among the priciest Chinese vehicles sold in SA, and residuals at this price point are untested.
What used Tank 500 years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 Tank 500 | R 1 228 950 | R 1 081 476 | Details → |
| 2025 Tank 500 | R 905 647 | R 796 969 | Details → |
| 2024 Tank 500 | R 758 365 | R 667 361 | Details → |
Tank 500 against its rivals
GWM Tank 500: common questions
What is a GWM Tank 500 worth after 3 years?
A GWM Tank 500 bought new today for R 1 228 950 is projected to be worth about R 745 685 after three years, which is 61% of its price. A dealer trade-in offer would sit closer to R 656 203.
Does the GWM Tank 500 hold its value?
We class the GWM Tank 500 as a chinese (established) in our 12-tier model, which puts its retention at roughly 61% after three years and 46% after five. Chery, Haval and GWM now hold book value close to mainstream rivals, but dealers still offer noticeably less on trade-in and the long-term durability story is unwritten.
What does a used GWM Tank 500 cost?
As a guide: a 2024 model is worth about R 758 365 retail today, while a 2024 model sits around R 758 365. Condition, mileage and spec move real prices by 10% or more either way.
What would a GWM Tank 500 cost per month?
Financing a new GWM Tank 500 at R 1 228 950 over 72 months at 11.75% with a 10% deposit comes to roughly R 21 480 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.