Ford Ranger vs GWM P500
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 64%, worth about R 71 946 at trade-in time.
Both curves, one chart
Head to head
| Ranger | P500 | |
|---|---|---|
| New price (from) | R 590 000 | R 799 900 |
| ±Monthly instalment | R 10 312/m | R 13 981/m |
| Retained after 1 year | 86% | 80% |
| Retained after 3 years | 74% | 64% |
| Value after 3 years | R 437 949 | R 509 896 |
| Lost to depreciation (3y) | R 152 051 | R 290 004 |
| Value after 5 years | R 369 133 | R 398 772 |
| 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 P500 →
GWM's flagship bakkie arrived in August 2024 to fight the Ranger and Amarok on space and luxury rather than just price. Buyers choose between a 2.4 turbodiesel and a powerful petrol hybrid. It is still new to the market, so long-term resale is unproven.
Known for: flagship bakkie spec at mid-range money
Common questions
Which holds value better, the Ford Ranger or the GWM P500?
The Ford Ranger. It keeps about 74% of its price after three years against 64% for the GWM P500, a gap of 10 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 P500 loses about R 290 004. 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 P500 about R 13 981, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.