MG 4 Becomes Australia’s Most Affordable Electric Car at $30,990 Drive-Away

2024-09-24
MG 4 Becomes Australia’s Most Affordable Electric Car at $30,990 Drive-Away banner

Australia has a new champion in the affordable electric car segment. The MG 4 hatchback is now the country’s cheapest new electric vehicle, with the base-model MG 4 Excite 51 slashed to an incredible $30,990 drive-away until 31 October 2024. This limited-time offer represents savings of up to $10,425, depending on the state of registration.

Massive Discounts Across the MG 4 Range

The MG 4 Excite 51 takes the title of the most affordable electric car from its sibling, the MG ZS EV Excite SUV, which had previously been discounted to $34,990 drive-away. With the new pricing, the MG 4 Excite 51 is now $4000 to $5500 cheaper than a Toyota Corolla Hybrid hatch, making it an exceptionally competitive option for budget-conscious Australians looking to make the switch to electric driving.

But the discounts don’t stop there. Other models in the MG 4 lineup are also being offered with significant price reductions. Model Year 2023 (MY23) variants are eligible for factory bonuses of up to $8000, while the newer 2024 models receive $5000 off. The range includes options like the MG 4 Excite 64, Essence 64, Long Range 77, and the high-performance XPower, with drive-away prices now starting as low as $34,252 for the Excite 64 MY23.

Unbeatable Value

To put the pricing into perspective, the $30,990 drive-away cost of the MG 4 Excite 51 brings it in line with mid-range petrol hatchbacks like the Kia Cerato, making it an attractive option for those seeking a cleaner, greener alternative without the hefty price tag. Even the top-of-the-line MG 4 XPower, packed with performance features, has seen a significant drop. In Western Australia, where vehicle registration costs are among the highest, the XPower now starts at $53,282 drive-away for MY23 stock – a huge drop from its previous price of nearly $60,000.

This is the fifth price adjustment MG has made to the MG 4 range in 2024, underscoring the brand's commitment to making electric vehicles more accessible to Australians.

Longest Warranty on the Market

In addition to slashing prices, MG is offering an industry-leading 10-year/250,000km vehicle warranty on all new cars, giving buyers extra peace of mind as they transition to electric mobility.

A Perfect Time to Go Electric

Giles Belcher, MG Motor Australia’s Chief Commercial Officer, commented on the offer, saying: “We know that people may have been considering an EV but potentially have held off due to the cost. Now, with this limited-time offer, we’re giving everyone the opportunity to own an MG 4.”

With such significant savings and a strong lineup of options, now is the perfect time for Australians to make the switch to electric vehicles, and the MG 4 is leading the charge. Whether you’re looking for a budget-friendly EV or a performance-oriented electric hatch, the MG 4 range has something for everyone. But act fast—these deals are only available until the end of October!

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