GWM Tank 500 vs Hyundai ELEXIO
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 Hyundai ELEXIO opens at $59,990. Both land at the same RRP, so on-road costs and dealer deals become the real differentiator.
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 $65,989 respectively.
The Hyundai ELEXIO 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.
Safety Rundown
ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.
Feature Showdown
Both come with modern infotainment systems. Apple CarPlay and Android Auto are standard across both.
The GWM Tank 500 stands out with Apple CarPlay that you will not find on the Hyundai ELEXIO. The Hyundai ELEXIO counters with wireless Apple CarPlay/Android Auto, wireless charging, heated front seats and power tailgate. Which feature set matters more depends on your daily routine and priorities.
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 Hyundai ELEXIO responds with a Electric Motor making 160kW and 290Nm, paired to a automatic driving all four wheels. It gets to 100km/h in 8.9 seconds.
The GWM Tank 500 has the clear power advantage at 255kW vs 160kW. In the real-world sprint, the GWM Tank 500 is 0.4s 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, 463mm longer than the Hyundai ELEXIO at 4,615mm (2,750mm wheelbase). The longer wheelbase on the GWM Tank 500 generally means more rear legroom.
Boot space is 98L in the GWM Tank 500 and 466L in the Hyundai ELEXIO, giving the Hyundai ELEXIO a 368L advantage. The GWM Tank 500 seats 7 vs 5.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
11.2m diameter
Average
Based on 11.2m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
True Cost to Own
Running cost data is not yet available for both models. We will update when figures are confirmed.
Warranty: 7 years / 999,999km (GWM Tank 500) vs 5 years / 999,999km (Hyundai ELEXIO). The GWM Tank 500 has longer coverage.
Who Should Buy Which?
Buy the GWM Tank 500 if: You prioritise performance, value a longer warranty, or prefer GWM's approach to design and ownership experience.
Buy the Hyundai ELEXIO if: You need more boot space, or prefer Hyundai's approach to design and ownership experience.
The Verdict
The GWM Tank 500 takes 3 of 4 key spec categories. If boot space matters, the Hyundai ELEXIO has a clear edge. The GWM Tank 500 adds peace of mind with a longer 7-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 Hyundai ELEXIO?
The GWM Tank 500 is the cheapest at $59,990 before on-road costs.
Which is the most fuel-efficient?
The GWM Tank 500 uses the least fuel at 8.5L/100km on the combined cycle.
Which is safest?
They are evenly matched — GWM Tank 500 all hold a 5-star ANCAP rating. Compare the active-safety features above to separate them.
Which has the most boot space?
The Hyundai ELEXIO has the largest boot at 466L.
Which can tow the most?
The GWM Tank 500 has the highest braked towing capacity at 3,000kg.
Which has the best warranty?
The GWM Tank 500 has the longest warranty at 7 years / 1000k km.
Which is the most powerful?
The GWM Tank 500 makes the most power at 255kW. The GWM Tank 500 is quickest to 100km/h in 8.5s.
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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