MG5 EV revealed - 214 mile range from £24,495

MG5 EV revealed - 214 mile range from £24,495

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Discussion

sjg

7,465 posts

267 months

Thursday 24th September 2020
quotequote all
The minicabbers will be all over these. Plenty of range, think average Uber daily driver mileage in London is about 110 miles, so even with an airport run or two you'd be fine. No CC/ULEZ. Super easy to drive, minimal running costs. Should do well with the company fleets too - the field engineers and the like currently in Astra estates, people who need a car for work rather than the BMW perk ones.

Just like the ZS EV, no roof rails on the lower model which is a bit silly. Brochure lists 50kg roof load for both though (unlike the ZS, which was zero for the lower spec one) so presumably you can use normal bars with it.

Inside looks fine for the money. I had a deposit on the ZS EV but backed out in the end, a few silly things like the roof rails but I just didn't really fancy a compact SUV. A nice honest midsize estate car with more range would be mightily tempting in a year or so.

Dave Hedgehog

14,587 posts

206 months

Thursday 24th September 2020
quotequote all
ChocolateFrog said:
Do people under 30 have any awareness of the brand at all?
Thats a big advantage for them, a lot of younger drivers are not aware of the abortions rover created with MG badges on them


danp

1,605 posts

264 months

Thursday 24th September 2020
quotequote all
I personally can’t see much appeal for this once the base VW ID.3 or Skoda Enyaq 50 are released here (assuming the latter is).

These have a slightly smaller usable battery (45 kWh) but I’d imagine they will be in this ball park price wise.

Discounted price / leasing costs will have to be much lower for the MG IMHO.

Toaster Pilot

Original Poster:

14,623 posts

160 months

Thursday 24th September 2020
quotequote all
I thought both of those were about 5 grand more than this, are they not?

danp

1,605 posts

264 months

Thursday 24th September 2020
quotequote all
Toaster Pilot said:
I thought both of those were about 5 grand more than this, are they not?
ID.3 and Enyaq 60 (with 58kWh usable) are both about £30k after grant, so the smaller battery ones will obviously be a few k less.

ZesPak

24,446 posts

198 months

Thursday 24th September 2020
quotequote all
robbieduncan said:
Sure. And that's fine. But this means those wanting a larger family estate need to keep on waiting. Maybe the iD.5 will be the car we want?
Tbh I had 6 estate cars in succession. Bought a Model S for the family and haven't looked back.
A big 5dr does just the same. Maybe a little less ideal for the dogs though.

kambites

67,683 posts

223 months

Thursday 24th September 2020
quotequote all
danp said:
Toaster Pilot said:
I thought both of those were about 5 grand more than this, are they not?
ID.3 and Enyaq 60 (with 58kWh usable) are both about £30k after grant, so the smaller battery ones will obviously be a few k less.
If it's really possible to buy an ID3 for ~£27k I agree this is going to struggle but I'm far from convinced we'll actually get an ID3 for under £30k. I would also expect bigger discounts on the MG, if the ZS EV is anything to go by - you can currently buy a ZS EV Exclusive for £22k new (£6k under list):

https://www.richmondmotorgroup.com/mg-zs-ev-offer....

Edited by kambites on Thursday 24th September 14:11

danp

1,605 posts

264 months

Thursday 24th September 2020
quotequote all
kambites said:
If it's really possible to buy an ID3 for ~£27k I agree this is going to struggle but I'm far from convinced we'll actually get an ID3 for under £30k.
There are people with orders for the base ID.3 58kWh at £30k (RRP), so I reckon the 45kWh will be about £26/27k.

zayn

569 posts

120 months

Thursday 24th September 2020
quotequote all
Most of the mainstream EV's are going to come from China or at least being influenced by them in the coming years. We can't avoid that. few below which we have already seen

Volvo (Polestar) - Geely
Xpeng
Roewe - MG






ChocolateFrog said:
The brand is borderline toxic I'd say.

To me, today, it stands for chinese tat with a shiny sticker covering the made in Shenzhen stamp (I've no idea where they're actually made these days). And I'm just about old enough to remember when MG made decent cars.

Do people under 30 have any awareness of the brand at all?

Still, they're the first to being an EV estate to market so they'll sell a few, doubt they'll be a common sight though.

kambites

67,683 posts

223 months

Thursday 24th September 2020
quotequote all
danp said:
kambites said:
If it's really possible to buy an ID3 for ~£27k I agree this is going to struggle but I'm far from convinced we'll actually get an ID3 for under £30k.
There are people with orders for the base ID.3 58kWh at £30k (RRP), so I reckon the 45kWh will be about £26/27k.
In the UK? I didn't think they'd formalised prices for anything other than the 1st edition in the UK?

SWoll

18,641 posts

260 months

Thursday 24th September 2020
quotequote all
Toaster Pilot said:
I thought both of those were about 5 grand more than this, are they not?
Is that all? £5k well spent then as can you imagine the depreciation on one of these if they're already struggling to sell new ZS for £21k?


Toaster Pilot

Original Poster:

14,623 posts

160 months

Thursday 24th September 2020
quotequote all
rolleyes an extra 20% obviously sounds like more to me than you, fair enough.

Otispunkmeyer

12,656 posts

157 months

Thursday 24th September 2020
quotequote all
ZesPak said:
robbieduncan said:
Sure. And that's fine. But this means those wanting a larger family estate need to keep on waiting. Maybe the iD.5 will be the car we want?
Tbh I had 6 estate cars in succession. Bought a Model S for the family and haven't looked back.
A big 5dr does just the same. Maybe a little less ideal for the dogs though.
I've just been looking at Model S.... used. Single motor. I found a chap online who discovered you can fit an UppaBaby Vista pram in the frunk! I mean, that is genuinely amazing because it leaves the boot entirely free!

https://www.youtube.com/watch?v=WcUWdL7Y9tA

quite an old video mind, so I don't know if the newer ones can do that. I am guessing if its a D model it won't work.

SWoll

18,641 posts

260 months

Thursday 24th September 2020
quotequote all
Toaster Pilot said:
rolleyes an extra 20% obviously sounds like more to me than you, fair enough.
Not if you lose an extra 50% during your ownership period it doesn't?

might work for you if you can get one cheap enough and run it into the ground but for anyone swapping cars every 4 years as per the national average it's likely to be an expensive experience in comparison despite the initial saving?

Imagine being someone who paid £25k for a ZS 6-12 months ago, what's it worth now if new ones can be had for £20k?

Toaster Pilot

Original Poster:

14,623 posts

160 months

Thursday 24th September 2020
quotequote all
It’ll do wonders for EV adoption when all those worthless MG EVs hit the used market then! laugh

Nobody paid £25k for a ZS 6-12 months ago, they’ve been heavily discounted since launch, which makes you wonder what the point in the list price actually is.

sjg

7,465 posts

267 months

Thursday 24th September 2020
quotequote all
With the ZS, anyone in early got an Excite for £21500 or Exclusive for £23500. I think it only went up by £500 for the following lot.

They seem to just ship batches of them over, but fewer people want the Excite models hence them getting sold off cheaper as demo/pre-reg.

Edited by sjg on Thursday 24th September 16:04

superpp

395 posts

200 months

Thursday 24th September 2020
quotequote all
sjg said:
With the ZS, anyone in early got an Excite for £21500 or Exclusive for £23500.
I had my name down for the Exclusive, but was always worried about the depreciation.
Cancelled in the end and bought a top spec Leaf with 8k on the clock for £22, good solid car with all the toys including self park.

danp

1,605 posts

264 months

Thursday 24th September 2020
quotequote all
kambites said:
In the UK? I didn't think they'd formalised prices for anything other than the 1st edition in the UK?
No VW have not officially announced prices, taken from a thread on speakEV:

“Cambridge VW are quoting prices and taking (£1k) deposits for ID3 series orders. I put that deposit down and signed an order. They made it clear this will go on their internal system and will be transferred to the VW ordering system as soon as its made available for series orders.”

Price quoted was £29,990 for the base 204 PS 58kWh “Life”.



kambites

67,683 posts

223 months

Thursday 24th September 2020
quotequote all
danp said:
Price quoted was £29,990 for the base 204 PS 58kWh “Life”.
I wonder if that was a guaranteed price or an estimate which is subject to revision? I wonder if the dealer actually know what VAG's RRP will be or are just guessing to try to get some pre-orders in?

kambites

67,683 posts

223 months

Thursday 24th September 2020
quotequote all
SWoll said:
Imagine being someone who paid £25k for a ZS 6-12 months ago, what's it worth now if new ones can be had for £20k?
No-one paid £25k for a ZS 6-12 months ago. Early cars were block discounted to something like £22500 for the Exclusive or about £21500 for the Exite.

Last time I looked the cheapest ZS EVs on autotrader were up for £20k, so they've lost about £1500 in six to nine months. Hardly catastrophic depreciation in the grand scheme of things.

Edited by kambites on Thursday 24th September 17:11