2024 GWM TANK 500: Australian Price & Specs

2024 GWM TANK 500: Australian Price & Specs
Tell Google to prioritise real experts.
Add CarSauce to your list of Trusted Sources on Google, so you get news written by real journalists, not AI summaries.
Add Preferred Source

In the automotive market, GWM has introduced its latest offering, the Tank 500, positioned as a direct competitor to the Toyota Prado. This large, seven-seater SUV will be available to Australian customers starting from the second quarter of 2024. The Tank 500, notable for its hybrid technology, is priced at a competitive drive-away cost of $66,490 for the base Lux model. The price for the top-tier Ultra model remains undisclosed.

The Tank 500 stands out with its body-on-frame construction and a 2.0-litre four-cylinder hybrid engine, delivering a combined power of 255kW and torque of 648Nm. It features a nine-speed hybrid automatic transmission and a full-time four-wheel-drive system. This SUV is equipped with an All-Terrain Control System offering 11 drive modes, low-range gearing, and a rear differential lock. It boasts 224mm of ground clearance, an 800mm wading depth, and approach, breakover, and departure angles of 30, 22.5, and 24 degrees respectively.

GWM has incorporated innovative technology in the Tank 500, including a 'Clear Chassis Function' that provides under-vehicle visibility using cameras. The vehicle claims a fuel economy of 8.5L/100km and features an 80L fuel tank. It has a braked towing capacity of 3000kg and an unbraked capacity of 750kg.

The Lux model of the Tank 500 comes with a range of features including LED headlights, 18-inch alloy wheels, rear privacy glass, a sunroof, side steps, black leatherette upholstery, and an 8-way power driver’s seat with lumbar support. Additional comforts include heated front seats, a 14.6-inch touchscreen infotainment system, Apple CarPlay, Android Auto, an 8-speaker sound system, and a 12.3-inch digital instrument cluster. For safety and convenience, it includes semi-automatic parking assist, a surround-view camera, and an electronic rear differential lock.

The Ultra model enhances luxury with Nappa leather upholstery, heated and ventilated front seats with massage and memory functions, a 12-speaker Infinity sound system, and a power-folding third row. Both models are equipped with comprehensive safety features like 7 airbags, adaptive cruise control, autonomous emergency braking, pedestrian and cyclist detection, lane-keeping assists, and traffic sign recognition.

The Tank 500 will be available in four color options: Onyx Silver, Crystal Black, Dune Gold, and Marble White. Lux models feature a black leatherette interior, while the Ultra offers a choice between black or a blue/cream interior, the latter being available with Marble White and Crystal Black exteriors.

Customers can expect the GWM Tank 500 to be in showrooms by April or May 2024, with the Lux model priced at $66,490 and the Ultra's price to be announced.

Model Grades

  • Lux
  • Ultra (pricing yet to be announced)

Key Changes

  • Introduction of hybrid technology
  • Enhanced off-road capabilities with All-Terrain Control System and 11 drive modes
  • Innovative 'Clear Chassis Function' for under-vehicle visibility

Specifications

  • Engine: 2.0-litre four-cylinder turbocharged hybrid
  • Power: 255kW
  • Torque: 648Nm
  • Transmission: Nine-speed hybrid automatic
  • Drive: Full-time four-wheel drive
  • Ground Clearance: 224mm
  • Wading Depth: 800mm
  • Towing Capacity: 3000kg braked, 750kg unbraked
  • Fuel Tank Capacity: 80L
  • Fuel Economy: 8.5L/100km

Pricing

  • Tank 500 Lux: $66,490 drive-away

Features by Grade

Lux:

  • LED headlights (automatic)
  • 18-inch alloy wheels
  • Rear privacy glass
  • Sunroof
  • Side steps
  • Black leatherette upholstery
  • 8-way power driver’s seat with lumbar support
  • Heated front seats
  • 14.6-inch touchscreen infotainment system
  • Wireless Apple CarPlay, Wired Android Auto
  • 8-speaker sound system
  • 12.3-inch digital instrument cluster
  • Semi-automatic parking assist
  • Surround-view camera with transparent chassis view
  • Electronic rear differential lock
  • Underbody protection
  • Comprehensive safety features including 7 airbags, adaptive cruise control, autonomous emergency braking, lane-keeping assists, and more.

Ultra (includes Lux features plus):

  • Nappa leather upholstery
  • Ventilated and massaging front seats with memory and welcome function
  • Heated, ventilated outboard middle-row seats
  • 12-speaker Infinity sound system
  • Power-folding third row
  • Additional safety and convenience features (full list to be announced closer to launch)

Colours Available:

  • Onyx Silver, Crystal Black, Dune Gold, Marble White (additional cost for all but Marble White)

?

Are you interested in a
GWM
and looking for the best price?

FAQ

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

Jacob Brooke
I’m Jacob, the Co-founder and COO here at CarSauce. I started out in 2022 behind the camera, helping capture reviews when we were called "Matt Brand Cars," but my Computer Science background quickly pulled me into the business side of things. Now, I oversee the website and our written content to keep the engine running smoothly. You’ll also see me regularly on our YouTube channel, mostly just giving my long-time mate Matt a hard time. We’re all about making car reviews entertaining and easy to digest, and I’m stoked to be part of the team driving that mission.
Read more
Tell Google to prioritise real experts.
Add CarSauce to your list of Trusted Sources on Google, so you get news written by real journalists, not AI summaries.
Add Preferred Source

Other

GWM

News

GWM Tank 300 PHEV Conquers Beer O’Clock Hill on Standard Highway Tyres

GWM Tank 300 PHEV Conquers Beer O’Clock Hill on Standard Highway Tyres

GWM's Tank 300 PHEV has conquered the Beer O’Clock Hill climb on standard highway tyres as part of a perfect 5-from-5 result for the brand.
Jacob Brooke
Mar 13, 2026 1:13 PM
GWM Haval H6 AWD Prices Slashed to Under $40k

GWM Haval H6 AWD Prices Slashed to Under $40k

GWM Australia has reduced H6 AWD prices to under $40k for a limited time, offering a complimentary upgrade on Hybrid and PHEV variants.
Jacob Brooke
Mar 5, 2026 4:19 PM
GWM Ora 5 Electric SUV Confirmed for Australia as Brand Targets EV Growth

GWM Ora 5 Electric SUV Confirmed for Australia as Brand Targets EV Growth

GWM confirms the Ora 5 electric SUV for Australia, spearheading a major sub-brand expansion to move the carmaker up the EV sales charts.
Jacob Brooke
Feb 27, 2026 7:04 PM

Other car news

2026 Mitsubishi Triton Brings Suspension Updates, New Tech, And Higher Pricing

2026 Mitsubishi Triton Brings Suspension Updates, New Tech, And Higher Pricing

2026 Mitsubishi Triton detailed for Australia with updated suspension, new tech on GSR, and pricing from $37,090 ahead of May launch.
Matt Brand
Apr 2, 2026 10:28 AM
Toyota’s First-Ever Electric HiLux Arrives In Australia From $74,990

Toyota’s First-Ever Electric HiLux Arrives In Australia From $74,990

Toyota’s first electric HiLux arrives in Australia in May, with dual-motor AWD, up to 315km range and pricing from $74,990.
Matt Brand
Mar 31, 2026 3:00 PM
GAC Confirms 2027 Launch Of Dual-Cab Ute for Australia in Aggressive "Top 10" Product Blitz

GAC Confirms 2027 Launch Of Dual-Cab Ute for Australia in Aggressive "Top 10" Product Blitz

GAC confirms a new dual-cab ute and larger SUVs for Australia next year, aiming for top 10 status in a massive 10-model product blitz.
Jacob Brooke
Mar 27, 2026 4:26 PM

Sign up to our newsletter

Be the first to know when we drop new car reviews.

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.
Thank you! Welcome to the Car Sauce community!
Oops! Something went wrong while submitting the form.
© 2024 Car Sauce. All right reserved.
Privacy Policy
Cookie Policy
Terms and Conditions