GWM Tank 500 vs Mitsubishi Outlander PHEV
A detailed look at how two of Australia's most popular SUVs compare on price, running costs, safety, and everyday livability.
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
Price Breakdown
The GWM Tank 500 starts from $59,990 before on-road costs, while the Mitsubishi Outlander PHEV opens at $58,990. That makes the Mitsubishi Outlander PHEV the more affordable entry point by $1,000.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $65,989 and $64,889 respectively.
The Mitsubishi Outlander PHEV qualifies for FBT exemption as an electric vehicle, which can dramatically reduce the effective cost for novated lease buyers. The GWM Tank 500, as a petrol model, does not qualify.
Over 5 years, the running costs favour the Mitsubishi Outlander PHEV by roughly $10,365 in fuel alone.
Safety Rundown
Both the GWM Tank 500 and Mitsubishi Outlander PHEV hold a 5-star ANCAP safety rating. Adult occupant protection scored 85% for the GWM Tank 500 and 85% for the Mitsubishi Outlander PHEV.
Where the two diverge is in active safety technology. The Mitsubishi Outlander PHEV packs more ADAS features with 6 out of 10 key systems fitted, compared to 5 in the GWM Tank 500.
Both include the essentials: autonomous emergency braking, lane keep assist, adaptive cruise control, a reversing camera.
Feature Showdown
The GWM Tank 500 features a 14.6-inch touchscreen paired with a 12.3-inch digital dash, while the Mitsubishi Outlander PHEV gets a 12.3-inch display and 12.3-inch instruments. Apple CarPlay and Android Auto are standard across both.
The Mitsubishi Outlander PHEV counters with power tailgate and Yamaha audio that the GWM Tank 500 does not offer. Which feature set matters more depends on your daily routine and priorities.
Interior trim differs: the GWM Tank 500 gets synthetic leather upholstery while the Mitsubishi Outlander PHEV offers cloth.
Drivetrain
The GWM Tank 500 uses a Hybrid producing 255kW and 648Nm of torque, sent through a 9-speed auto to a 4WD layout. It covers the 0-100km/h sprint in 8.5 seconds.
The Mitsubishi Outlander PHEV responds with a Petrol making 225kW and 450Nm, paired to a automatic driving all four wheels. It gets to 100km/h in 7 seconds.
The GWM Tank 500 has the clear power advantage at 255kW vs 225kW. In the real-world sprint, the Mitsubishi Outlander PHEV is 1.5s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Space & Comfort
The GWM Tank 500 measures 5,078mm long on a 2,850mm wheelbase, 368mm longer than the Mitsubishi Outlander PHEV at 4,710mm (2,705mm wheelbase). The longer wheelbase on the GWM Tank 500 generally means more rear legroom.
Boot space is 98L in the GWM Tank 500 and 478L in the Mitsubishi Outlander PHEV, giving the Mitsubishi Outlander PHEV a 380L advantage. Fold the rears and you get 795L vs 1500L.
For towing, the GWM Tank 500 leads with a 3,000kg braked capacity vs 1,600kg. That 1,400kg difference matters if you regularly hitch up.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
11.0m to 11.2m
Based on 11.2m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Based on 11.0m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
True Cost to Own
Based on 15,000km of annual driving, fuel costs roughly $2,423/year for the GWM Tank 500 and $350/year for the Mitsubishi Outlander PHEV. That is a $2,073 annual difference in favour of the Mitsubishi Outlander PHEV.
Estimated annual total: $2,423 (GWM Tank 500) vs $350 (Mitsubishi Outlander PHEV). The Mitsubishi Outlander PHEV saves you roughly $2,073 per year in total ownership costs. Use our Fuel Cost Calculator to estimate based on your driving.
Warranty: 7 years / 999,999km (GWM Tank 500) vs 10 years / 200,000km (Mitsubishi Outlander PHEV). The Mitsubishi Outlander PHEV has longer coverage.
Who Should Buy Which?
Buy the GWM Tank 500 if: You prioritise performance, need stronger towing, or prefer GWM's approach to design and ownership experience.
Buy the Mitsubishi Outlander PHEV if: You want the lower entry price, need more boot space, want lower running costs, value a longer warranty, or prefer Mitsubishi's approach to design and ownership experience.
The Verdict
The Mitsubishi Outlander PHEV takes 5 of 7 key spec categories and comes in at a lower price. The Mitsubishi Outlander PHEV will save you roughly $2,073 a year in fuel. If boot space matters, the Mitsubishi Outlander PHEV has a clear edge. The Mitsubishi Outlander PHEV adds peace of mind with a longer 10-year warranty. The best pick depends on what you value most. Explore the full specs for each model below.
Common questions
Which is cheapest, GWM Tank 500 and Mitsubishi Outlander PHEV?
The Mitsubishi Outlander PHEV is the cheapest at $58,990 before on-road costs. That undercuts the GWM Tank 500 by $1,000.
Which is the most fuel-efficient?
The Mitsubishi Outlander PHEV uses the least fuel at 7.3L/100km on the combined cycle.
Which is safest?
They are evenly matched — GWM Tank 500 and Mitsubishi Outlander PHEV all hold a 5-star ANCAP rating. Compare the active-safety features above to separate them.
Which has the most boot space?
The Mitsubishi Outlander PHEV has the largest boot at 478L.
Which can tow the most?
The GWM Tank 500 has the highest braked towing capacity at 3,000kg.
Which has the best warranty?
The Mitsubishi Outlander PHEV has the longest warranty at 10 years / 200k km.
Which is the most powerful?
The GWM Tank 500 makes the most power at 255kW. The Mitsubishi Outlander PHEV is quickest to 100km/h in 7s.
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Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Auto-generated from CarSorted's specification data · 20 April 2026
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