MG 4 EV gets runout deals, but it’s still not as cheap as it once was

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MG Motor Australia is offering runout savings on its most affordable electric hatchback, as it prepares to trim back the MG 4 lineup and introduce a new budget-friendly MG 4 Urban.

The base MG 4 Excite 51, which will be axed along with all MG 4 variants with 51kWh and 77kWh batteries, is now being offered for $37,990 drive-away, nationwide.

Per MG’s website, the deal reduces the drive-away price by between $365 and $2526.

All MG 4s sold before December 31, 2025 will also come with a 12-month/1000kWh voucher for the Evie charging network.

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Premium paint remains a $700 option.

While the base MG 4’s pricing is sharper than before, it has been offered for much less.

The MG 4 was launched in Australia in 2023, priced from $38,990 before on-road costs.

During September and October 2024, MG was offering the MG 4 Excite 51 for just $30,990 drive-away. Simultaneously, MG was offering factory bonuses of between $5000 and $8000. These deals saw MG 4 sales soar by 97.9 per cent compared with the previous year.

The price was raised later in the year to $32,990 drive-away.

To the end of October this year, MG has delivered 2756 MG4s – down 47.6 per cent on the same period last year.