The salary you need to earn to afford the new GWM P500 bakkie in South Africa
- You'll need to earn roughly R78,000 per month to afford the new GWM P500 on a finance plan in South Africa.
- The new GWM P500 is available in two specifications, the Super Luxury and Ultra Luxury, with prices starting at R724,900 and R799,900, respectively. The Super Luxury is rear-wheel-drive, while the Ultra Luxury is four-wheel-drive. The new model has a 3.0-litre turbocharged diesel engine and achieves a lower fuel consumption of 7.3l/100km, compared to the petrol’s 8.6l/100km. Each purchase comes with a 7-year/200,000km warranty, a 7-year/unlimited-kilometre roadside assistance plan, and a 7-year/75,000km service plan.
- Financial experts recommend that you do not spend more than 20% of your gross monthly salary on vehicle payments, which means you'll need to earn anywhere from R78,380 per month to R86,440 per month to afford the new P500 on a finance plan, assuming you don’t pay a deposit.
Stay informed. More top South African stories on The Feed SA · Follow on Facebook