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How much are car repayments on a new GWM Tank 300 ?

Did the snazzy lifestyle offroader Tank 300 catch your eye but wonder how much monthly repayments are? Look no further, this is how much you can expect to pay per month.

Buying a Car2 min read

Coming off the maiden voyage of the Tank subbrand in South Africa, the Tank 300 is a lifestyle offroader. Tank is pretty well established in its home country, China, and has also made its way to Australia. Lawrence Minnie attended the launch of the Tank 300, and you can check out his thoughts here.

Related: How often should a GWM Tank 300 be serviced?

The Tank 300's underpinnings are on a ladder frame chassis and thick steel for rigidity and crash performance too. Multi-link rear suspension and double-wishbone front suspension is present for both onroad comfort and offroad capability. You also have a choice of full ICE or HEV powertrains to suit your fancy. Luxury yet rugged interiors are present, too, for a first-class ride. How much can you expect to pay per month, though?



How much will it cost you?


Right here on AutoTrader, we use a standard finance model for car repayments.  If you know what you qualify for, you can skip ahead and try out the AutoTrader Finance Calculator tool to see your potential repayments for your Tank 300. To calculate the monthly repayments, though, we'll use a typical finance agreement with a 72-month term and a 10% deposit. You can have a balloon or residual payment, but we won't use that in this calculation. We'll use an interest rate of prime plus 2% for an interest rate of 13.75%. Your individual credit profile determines the interest rate, so you'll have to check what interest rate you qualify for. After our calculation, your payment will look like this for the three available variants:



GWM Tank 300 2.0T Super Luxury 4x4

Purchase price: from R725 950

Estimated monthly repayment: R13 376

Total interest: R309 685

Total estimated repayment: R963 040


GWM Tank 300 2.0T Ultra Luxury 4x4

Purchase price: from R775 950

Estimated monthly repayment: R14 297

Total interest: R331 015

Total estimated repayment: R1 029 370


GWM Tank 300 2.0T HEV Super Luxury 4x4

Purchase price: from R851 950

Estimated monthly repayment: R15 697

Total interest: R363 436

Total estimated repayment: R1 130 191


*Brand new vehicle pricing stated here was correct at the time of publishing and is subject to change without prior notice. Note also that the calculations here are based upon estimates.

Now that you have an idea of what you can expect to pay, you can search AutoTrader for the latest used and new offerings and sell your car, too.



Author - Tayedza Mbiri

Written by Tayedza Mbiri

Starting his petrol-infused passion at a ripe young age playing a plethora of racing video games, Taye has been into the motoring industry for years. During his university years studying Law, he dipped his toes into motoring photography, videography, and exploring what Southern Africa has to offer for the motoring scene at large. Most recently, he presented a YouTube series for a famous Japanese manufacturer and now finds himself fresh on the AutoTrader content creation team. He hopes to own a 90s Subaru one day soon. Read more

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