MG Motor Australia has slashed the price of the base MG 4 51 Excite to just $30,990 drive-away, undercutting the next most affordable electric vehicle (EV) by $4000.
The drive-away price is available nationwide, which sees reductions of up to $10,425 depending on state and territory.
MG says the reduced price will be offered from September 20 to October 31.
During this time, MG is also offering factory bonuses of $8000 on all other model year 2023 (MY23) MG 4 variants, and $5000 on MY24 models.
These factory bonuses are being applied as a discount at the point of sale.
Reduced prices are being offered on the MG 4 for a limited time. Contact a dealer via CarExpert for the best deal or call our concierge team on 1300 587 992.
Below we’ve broken down the reductions in price for the base MG 4 Excite 51 by state and territory.
| State/territory | Reduction from September 21 |
|---|---|
| NSW | $10,006 |
| VIC | $10,120 |
| QLD | $9170 |
| SA | $10,155 |
| WA | $10,425 |
| TAS | $10,053 |
| ACT | $9404 |
| NT | $8262 |
The base Excite 51 is the only MG 4 with the same drive-away price nationwide.
Below is a breakdown of the factory bonus deals available across all other MG 4s:
| Model | Regular before on-roads price | MY23 factory bonus | MY24 factory bonus |
|---|---|---|---|
| MG 4 Excite 64 | $41,990 | $8000 | $5000 |
| MG 4 Essence 64 | $44,990 | $8000 | $5000 |
| MG 4 Long Range 77 | $50,990 | $8000 | $5000 |
| MG 4 XPower | $55,990 | $8000 | $5000 |
The sharper drive-away offer for the base MG 4 Excite 51 will see it undercut Australia’s cheapest EV… which is another MG.
The MG ZS Excite is priced at $34,990 drive-away, just sliding in under the base GWM Ora at $35,990 drive-away.
The MG 4 has been Australia’s cheapest EV before, albeit briefly.
At launch in June 2023, the base MG 4 Excite 51 wore a price tag of $39,990 before on-road costs, making it the cheapest EV on the market.
It only held this title for a few days, before BYD announced its base Dolphin would slide in under it at $39,890 before on-roads.
MORE: Everything MG 4
