GWM Tank 500 2025 Review: Features, Price & Novated Lease Benefits
If you're in the market for a powerful SUV but want a smarter, more affordable way to own it, the GWM Tank 500 might just be the answer.
With strong off-road capabilities, premium interiors, and hybrid technology, this full-size SUV rivals luxury vehicles at a fraction of the cost.
In this GWM Tank 500 2025 review, you’ll learn about its features, Australian pricing, and why bundling GWM into a novated lease could save you both time and money.
What is the GWM Tank 500?
The GWM Tank 500 is a full-sized, ladder-frame SUV with serious 4WD credentials.
Built to compete with heavyweights like the Toyota Prado and Ford Everest, the Tank 500 offers a compelling mix of practicality, hybrid efficiency, and modern luxury.
Unlike many traditional 4WDs, it blends advanced technology with everyday drivability, making it as suitable for school drop-offs as it is for rugged outback tracks.
GWM Tank 500 Key Features
The 2025 model packs in high-end features typically reserved for much pricier rivals.
Here’s a snapshot of what it offers:
Seven-seat configuration with flexible cabin space
Hybrid engine with improved fuel economy and strong performance
Large infotainment screens and digital cluster
Panoramic sunroof and leather-appointed interiors (Ultra variant)
Full suite of advanced safety features and driver assistance systems
Up to 3,000kg towing capacity with low-range 4WD for off-road use
The combination of strength and refinement makes it stand out in Australia’s competitive SUV segment.
GWM Tank 500 Australia Price Guide
The GWM Tank 500 delivers exceptional value, especially when you compare it to similarly sized competitors.
Tank 500 Lux Hybrid: From approximately $66,490 drive-away
Tank 500 Ultra Hybrid: From approximately $73,990 drive-away
Tank 500 PHEV: Anticipated to arrive under $80,000 (TBC)
Considering its size, features, and hybrid engine, these prices offer significant savings over rival 4WDs.
Interior Comfort and Connectivity
Step inside and you’ll notice a focus on luxury and user experience. It’s spacious, smart, and well-built.
14.6-inch infotainment screen with smartphone integration
12.3-inch digital instrument cluster
Wireless phone charging and USB ports throughout the cabin
Dual-zone climate control with rear air vents
Ambient lighting and heated/ventilated seating (Ultra variant)
There’s room for adults in all three rows, and cargo space is generous with the rear seats folded.
What Is a Novated Lease and How Does It Work?
A novated lease allows you to finance a vehicle using your pre-tax salary. It’s a three-way agreement between you, your employer, and a leasing provider like Novated Finance Australia.
Here’s how it works:
You choose the car and the lease term
Your employer makes the lease payments from your pre-tax income
The vehicle is financed in your name, and you use it for 100% personal use
At lease end, you pay the residual (balloon) amount and take full ownership
Unlike traditional leases, where you return the vehicle, a novated lease helps you own the car while enjoying tax advantages and including running costs.
Pros and Cons: A Quick Overview
Here is the quick take on pros and cons:
Pros
Hybrid fuel efficiency with strong torque output
High-end interior at a mid-range price point
Built-in off-road functionality
Seven-year unlimited kilometre warranty
Competitive novated lease options available
Cons
Large size may be difficult to manoeuvre in tight city spaces
Limited long-term resale data in Australia
Premium variant costs edge toward luxury SUV pricing
Third-row space is better suited to children than adults
GWM Tank 500 Novated Lease Benefits
The GWM Tank 500 becomes even more attractive when paired with a novated lease. You’ll enjoy benefits like:
Finance and running costs in one fixed weekly payment
Savings through salary packaging and pre-tax deductions
Full vehicle ownership after paying the residual value
Access to competitive lease rates and quick approvals
Ability to include all running costs in the lease structure
This approach makes budgeting for a large SUV more manageable and predictable.
Fully Maintained Lease: What's Included?
When you opt for a fully maintained novated lease, you’re not just leasing a car, you’re bundling all your essential costs into one simple payment.
A typical fully maintained novated lease can include:
Fuel or hybrid charging
Scheduled servicing
Tyres, brakes, and mechanical maintenance
Registration and CTP
Comprehensive insurance
There’s no need to manage separate bills or track multiple expenses; it’s all handled under your lease.
Drive Smarter with the GWM Tank 500 and Novated Finance Australia
The GWM Tank 500 2025 blends off-road power with everyday practicality, and when paired with a novated lease, it becomes a smarter, more affordable way to own an SUV. With one fixed weekly payment covering both your finance and running costs, you're always in control.
At Novated Finance Australia, we help you simplify the leasing process. From selecting your vehicle to handling the paperwork, we’re here to support you every step of the way.
Ready to get started? Get a quote and learn about a GWM Tank 500 novated lease in your area.
Frequently Asked Questions (FAQs)
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No, a novated lease ends with a balloon payment. Once paid, you take full ownership of the vehicle.
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Yes, as long as the vehicle is no older than 15 years by the end of the lease term.
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Fuel or charging, servicing, tyres, insurance, and registration are typically bundled into one fixed payment.
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No, novated leases are only available through employer arrangements, not for sole traders.
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Not exactly. It’s a salary packaging arrangement where your employer helps facilitate payments, but the finance is in your name and you own the car after paying the residual.