Ford Ranger vs GWM P-Series (P300)
Value retention, real cost and monthly money, compared on the same 2026 South African data.
The Ford Ranger wins on money kept: 74% retained after three years vs 65%, worth about R 166 165 at trade-in time.
Both curves, one chart
Head to head
| Ranger | P-Series (P300) | |
|---|---|---|
| New price (from) | R 590 000 | R 414 950 |
| ±Monthly instalment | R 10 312/m | R 7 253/m |
| Retained after 1 year | 86% | 81% |
| Retained after 3 years | 74% | 65% |
| Value after 3 years | R 437 949 | R 271 785 |
| Lost to depreciation (3y) | R 152 051 | R 143 165 |
| Value after 5 years | R 369 133 | R 215 653 |
| Our tier | Strong mainstream | Chinese (established) |
Ford Ranger →
South Africa's second best selling bakkie and the closest thing the Hilux has to a genuine rival, built at Silverton in Pretoria and exported worldwide. The range runs from single cab workhorses to the V6 Wildtrak and the 292 kW petrol Raptor. Resale values are among the strongest of any locally sold vehicle.
Known for: sa-built bakkie with hilux-rivalling resale
GWM P-Series (P300) →
Launched in late 2020 as the P-Series and renamed P300 with the early 2025 update, this is GWM's mainstream one-ton bakkie. It undercuts the Hilux and Ranger by a wide margin while offering a plush cabin, and it has become a consistent seller. Turbodiesel single and double cabs cover both work and leisure use.
Known for: value double cab with car-like cabin
Common questions
Which holds value better, the Ford Ranger or the GWM P-Series (P300)?
The Ford Ranger. It keeps about 74% of its price after three years against 65% for the GWM P-Series (P300), a gap of 9 points.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The Ford Ranger loses about R 152 051 over three years and the GWM P-Series (P300) loses about R 143 165. Fuel, insurance and servicing can narrow or widen that, but the depreciation gap is the number to start from.
What do they cost per month?
On typical finance (10% deposit, 72 months, 11.75%), the Ford Ranger runs about R 10 312 per month and the GWM P-Series (P300) about R 7 253, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.