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MG 4 loses retail price nationwide but gets discount


The Machine gun 4 The Toyota Camry will no longer be sold at a nationwide discount in Australia, but the popular electric hatchback’s list price is now $2,000 to $4,000 cheaper than before.

UPDATE, 2/8/2024:MG Australia has now updated its website to include MG 4 pricing, which is included below. Our original story continues unchanged.

From 1 August, the MG 4 will no longer be available across Australia, with prices starting at $39,990 for the entry-level Excite 51 and going up to $59,990 for the XPower.

Instead, the MG 4’s pre-on-road costs have been reduced by $2,000 for the Excite 51, Essence 64 and Essence 77, $3,000 for the Essence 64 and $4,000 for the XPower.

Model Price Discounted Price (RRP)
2024 MG 4 Excite 51 $37,990 2000 dollars
2024 MG 4 Excite 64 $41,990 3000 dollars
2024 MG 4 Essence 64 $44,990 2000 dollars
2024 MG 4 Essence 77 $50,990 2000 dollars
2024 MG 4 XPower $55,990 3000 dollars

Price does not include on-road costs.

The following rates apply in each state and territory.

State or Territory MG 4 Excite 51 MG 4 Excite 64 MG 4 64 Essence MG 4 Long Range 77 MG 4 XPower
Northern Territory $39,252 $43,252 $46,252 $52,303 $57,453
Australian Capital Territory $39,694 $43,694 $46,694 $52,694 $57,694
Queensland $40,160 $44,240 $47,300 $53,420 $58,520
New South Wales $40,996 $45,116 $48,206 $54,506 $59,756
Tasmania $41,043 $45,294 $48,414 $54,654 $59,854
Victoria $41,110 $45,278 $48,404 $54,656 $59,866
South Australia $41,145 $45,309 $48,437 $54,685 $59,893
Western Australia $41,415 $45,868 $49,229 $55,943 $61,282
Previous national shuttle bus price $39,990 $44,990 $46,990 $52,990 $59,990

The new price brings the MG 4 closer to its list price. BYD Dolphinsimilarly sized rivals, starting at $36,890 before on-road costs.

Despite being slightly more expensive, the MG 4 was the fifth best-selling electric vehicle (EV) in Australia in the first half of 2024, registering 2,771 compared to the BYD Dolphin’s 1,248 sales.

The MG 4 is still one of Australia’s five cheapest electric cars, although that title is currently being held by MY23 MG ZS Electric Car Excite – currently $34,990 drive-away – is next GWM Ora and BYD Dolphin.

Also announced todayAll new MG vehicles purchased for non-commercial use from 1 August can also benefit from the brand’s new 10-year, 250,000km warranty – the most comprehensive warranty coverage in Australia.

Unlike Mitsubishi’s 10-year warranty – which is a basic five-year warranty, plus an additional 12 months for up to five years provided servicing is completed on time at a dealer – MG doesn’t offer any additional terms to its warranty coverage.

MG vehicles used for commercial purposes are only warranted for a maximum of seven years or 160,000km, whichever comes first.

THAN: Everything MG 4
THAN:
MG beats Mitsubishi to offer strongest new car warranty in Australia
THAN: MG 4 2024 Price and Specifications

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