Cheaper than a Corolla: MG cuts price on electric MG 4 64 Excite hatch but only for a limited time
Today at 11:22 PM
Both MG 4 Excite models now feature a sharp, national drive-away price offer, but now only until the end of the year.
The MG 4 hatch offers fully electric functionality with hatchback convenience, and it is now priced cheaper than a Toyota Corolla.
Both the MG4 51 Excite and 64 Excite are presented with national drive-away pricing of $32,990 and $34,990 respectively, but only until December 31 2024 (or while stocks last).
This represents a saving of up to $8457 (WA) on the MG4 51 Excite and $10,910 (WA) on the MG4 64 Excite compared to state-based manufacturer-recommended drive-away pricing.
MG 4 pricing in Australia
| State | Excite 51 retail | Excite 51 offer | Saving | Excite 64 retail | Excite 64 offer | Saving |
|---|---|---|---|---|---|---|
| ACT | $39,704 | $32,990 | $6714 | $43,704 | $34,990 | $8714 |
| NSW | $41,017 | $32,990 | $8027 | $45,137 | $34,990 | $10,147 |
| NT | $40,417 | $32,990 | $7427 | $44,537 | $34,990 | $9547 |
| QLD | $40,160 | $32,990 | $7170 | $44,240 | $34,990 | $9250 |
| SA | $41,134 | $32,990 | $8144 | $45,294 | $34,990 | $10,304 |
| TAS | $41,037 | $32,990 | $8047 | $45,288 | $34,990 | $10,298 |
| VIC | $41,156 | $32,990 | $8166 | $45,324 | $34,990 | $10,334 |
| WA | $41,447 | $32,990 | $8457 | $45,900 | $34,990 | $10,910 |
With a 51kWh battery and 350km driving range, at $32,990 the MG4 51 Excite is Australia's most affordable electric vehicle and at its offer price is cheaper than a Mazda 3 Pure hatch ($33,990 drive-away) and Toyota Corolla Ascent Sport Hybrid hatch (approx. $35,100 drive-away depending on your location).
The Excite 64 ups the range to 450km with a 64kWh battery, and both cars are supported by a 10-year, 250,000km warranty with a five-star ANCAP safety rating.
Further, the MG4 64 Essence, 77 Long Range and MG4 X Power are all supported by an $8000 factory bonus, but only until 31-December-2024.
This pricing change marks the seventh time the MG4 prices have been altered this year, but the more affordable entry point is resonating with buyers to the point where the electric hatch has recorded over 5000 sales so far this year. In October, the MG4 was the top-selling electric car in Australia with 1486 sales, ahead of 1042 for the Tesla Model Y.
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In a comment to media, MG Motor Australia's Chief Commercial Officer, Giles Belcher said "MG saw an incredible response to the pricing offers on the MG4 in October."
The current drive-away and factory rebate offers on the MG4 range are valid only until 31 December 2024 on MY24-plated vehicles.
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