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MG extends price cuts that made MG4 best selling EV in Australia in October

  • December 2, 2024
  • 21 comments
  • 3 minute read
  • Riz Akhtar
MG4 Drive Exterior Red
Image: Riz Akhtar
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MG, which outsold Tesla in October due to aggressive pricing, has released December pricing for Australia’s most affordable electric car, the MG4 Excite 51, keeping it at $32,990 driveaway.

In addition, the MG4 Excite 64 variant, which has a bigger battery that adds 100 km of range, is now priced at $34,990 driveaway.

Other MG4 variants are also currently on special, with a factory bonus of up to $8,000 on offer. These include the Essence 64 and Long Range 77, as well as the dual-motor hot-hatch X-Power, which can accelerate up to 100 km/h in just 3.8 seconds.

ā€œMG saw an incredible response to the pricing offers on the MG4 in October,” MG Motor Australia’s chief commercial officer Giles Belcher said in a statement.

“Our dealerships across the country were able to help Australians switch to EV driving with the MG4. It has been recognised with more than 15 global awards. Across the MG4 range, buyers can own a fantastic car, backed by our industry leading 10-year warranty and a five-star ANCAP safety rating.ā€

Both MG4 Excite 51 and 64 variants come with a few highlighted features, which include:

  • MG4 Excite 51 driving range of 350km, 450km for the Excite 64 (WLTP)
  • 0-100km/h in just 7.7 seconds for the 51kWh, 7.2 seconds for the 64kWh models
  • Apple CarPlayĀ® & Android AutoĀ® as standard
  • 50:50 weight distribution and rear-wheel drive
  • 5-Star ANCAP Safety rating

ā€œThere are great value deals across the full MG4 range. These price offers finish at the end of the year and will never be repeated,” Belcher said.

“Our network of nearly 100 dealers across Australia is only too happy to help customers have an amazing Christmas present of unwrapping a bow on their new MG4.ā€

MG4 Exterior Test Drive Riz Akhtar
Image: Riz Akhtar

MG is also keeping prices on its ZS EV SUV low, with the Essence starting at $36,990 (down from $39,990 driveway) and the Long Range at $42,990 driveaway. The pricing on the Long Range variant is down from nearly $60,000 driveaway in some states last year.

In addition to this offer, MG also has a benchmark warranty program that includes a 10-year or 250,000 km warranty across its entire range, including the MG4’s Excite 51 and 64 variants.Ā 

This was changed in August when the brand decided to increase it from a 7-year warranty the company previously offered on its Australian-delivered vehicles.

In the first 10 months of the year, MG4 has been the brand’s best-selling EV, with 2024 sales of over 5,200 cars, nearly getting to the third spot for year-to-date EV sales in October.Ā 

Much of this was due to the brand’s $30,990 driveaway offer in September and October, which helped it sell 1486 MG4 during October.

MG4 Drive Interior Front Seating Blue
Image: Riz Akhtar

In November, the base model’s price was increased to $32,990, and the offer is continuing in December, which is great news for those looking at getting behind the wheel of an EV.

The latest prices on the MG4 and the low prices on the ZS EV variants will help the brand have its best year for EV sales so far, setting the stage for a strong 2025 when it aims to launch multiple new models in our market. The latest pricing is effective until 31 December 2024.

Find all available EV options on our EV Models page and the latest sales data here.

Riz Akhtar
Riz Akhtar

RizĀ is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.

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