GWM P-Series (P300) vs Peugeot Landtrek
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 60%, worth about R 32 072 at trade-in time.
Both curves, one chart
Head to head
| P-Series (P300) | Landtrek | |
|---|---|---|
| New price (from) | R 414 950 | R 396 900 |
| ±Monthly instalment | R 7 253/m | R 6 937/m |
| Retained after 1 year | 81% | 78% |
| Retained after 3 years | 65% | 60% |
| Value after 3 years | R 271 785 | R 239 712 |
| Lost to depreciation (3y) | R 143 165 | R 157 188 |
| Value after 5 years | R 215 653 | R 185 802 |
| Our tier | Chinese (established) | Weak-franchise mainstream |
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
Peugeot Landtrek →
Peugeot's one-ton bakkie launched locally in late 2021 with a 1.6 turbo petrol double cab, then expanded in 2024 with 1.9 diesel and single cab workhorse models from R396,900. Spec for the money is generous. An unfamiliar badge in bakkie country means resale trails the Hilux and Ranger by a wide margin.
Known for: well-specced underdog bakkie
Common questions
Which holds value better, the GWM P-Series (P300) or the Peugeot Landtrek?
The GWM P-Series (P300). It keeps about 65% of its price after three years against 60% for the Peugeot Landtrek, a gap of 5 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 Peugeot Landtrek loses about R 157 188. 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 Peugeot Landtrek about R 6 937, before fees and insurance.
Keep going
Modelled estimates on a retail basis; spec levels and real transaction prices vary.