GWM P-Series (P300) vs LDV T60
Value retention, real cost and monthly money, compared on the same 2026 South African data.
The GWM P-Series (P300) wins on money kept: 65% retained after three years vs 59%, worth about R 13 454 at trade-in time.
Both curves, one chart
Head to head
| P-Series (P300) | T60 | |
|---|---|---|
| New price (from) | R 414 950 | R 480 000 |
| ±Monthly instalment | R 7 253/m | R 8 390/m |
| Retained after 1 year | 81% | 77% |
| Retained after 3 years | 65% | 59% |
| Value after 3 years | R 271 785 | R 285 238 |
| Lost to depreciation (3y) | R 143 165 | R 194 762 |
| Value after 5 years | R 215 653 | R 217 172 |
| Our tier | Chinese (established) | Chinese (new entrant) |
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
LDV T60 →
LDV entered SA in May 2024 with the T60 double cab, priced from R480,000 in 2026. Its 2.0 bi-turbo diesel offers up to 160kW and 500Nm, more than most rivals at the price, backed by a 5-year/200,000km warranty. The nameplate is well proven in Australia but too new here for firm resale data.
Known for: 160kw bi-turbo diesel value
Common questions
Which holds value better, the GWM P-Series (P300) or the LDV T60?
The GWM P-Series (P300). It keeps about 65% of its price after three years against 59% for the LDV T60, a gap of 6 points.
Which is cheaper to own over three years?
Depreciation is the biggest ownership cost. The GWM P-Series (P300) loses about R 143 165 over three years and the LDV T60 loses about R 194 762. 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 GWM P-Series (P300) runs about R 7 253 per month and the LDV T60 about R 8 390, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.