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

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

Author
Discussion

rscott

14,821 posts

193 months

Wednesday 14th October 2020
quotequote all
Mercury00 said:
That bloke is a dealer's worst nightmare. Going underneath with a torch and complaining about the lack of wax injection? Which cars come with wax injection from the factory?
Indeed - would many European cars be much different?

RyanDD

96 posts

153 months

Friday 13th November 2020
quotequote all
This car is quite tempting as the next family car.
It seems to offer all the basics that would reasonably be expected at a wallet friendly price.

I'm torn though as after a Zoe for 3-4 years now, I have seen the pain of public charging on longer journeys and can't help but think a second hand model 3 with access to the supercharger network on top of every CCS EVSE would be the smart place to put my money.

Tesla Shooting brake would make it a no contest, but I'm not flush enough for a coach built one.


Toaster Pilot

Original Poster:

14,623 posts

160 months

Friday 13th November 2020
quotequote all
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?

jamoor

14,506 posts

217 months

Friday 13th November 2020
quotequote all
Toaster Pilot said:
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?
The resale on a TM3 though!

SWoll

18,642 posts

260 months

Friday 13th November 2020
quotequote all
RyanDD said:
This car is quite tempting as the next family car.
It seems to offer all the basics that would reasonably be expected at a wallet friendly price.

I'm torn though as after a Zoe for 3-4 years now, I have seen the pain of public charging on longer journeys and can't help but think a second hand model 3 with access to the supercharger network on top of every CCS EVSE would be the smart place to put my money.

Tesla Shooting brake would make it a no contest, but I'm not flush enough for a coach built one.
Would a used Kia e-Niro not make a lot of sense as an alternative? They must be dropping below £30k by now I'd have thought and 7 year warranty?

RyanDD

96 posts

153 months

Friday 13th November 2020
quotequote all
Toaster Pilot said:
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?
Not yet, but the Base SR Model 3 is just over £30k £40k

SWoll said:
Would a used Kia e-Niro not make a lot of sense as an alternative? They must be dropping below £30k by now I'd have thought and 7 year warranty?
I have certainly looked at them when they came out but I would rather a car than a SUV. They aren't ruled out, however they still suffer from charging access issue like the MG.

I'll report back with a final decision when it's made.

Edited by RyanDD on Saturday 14th November 21:52

ElectricSoup

8,202 posts

153 months

Friday 13th November 2020
quotequote all
I've seen the first few pre-reg ones appearing on autotrader now. They have a square rear number plate. How odd. I expect that's for the Chinese market, but you'd think they'd adapt the tailgate slightly for the UK market.

Anyway, I expect one of these will be my main family car in about 2 years time when I can get a depreciated second hand one.

danp

1,605 posts

264 months

Friday 13th November 2020
quotequote all
RyanDD said:
Toaster Pilot said:
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?
Not yet, but the Base SR Model 3 is just over £30k
Where from?!

jamoor

14,506 posts

217 months

Friday 13th November 2020
quotequote all
ElectricSoup said:
I've seen the first few pre-reg ones appearing on autotrader now. They have a square rear number plate. How odd. I expect that's for the Chinese market, but you'd think they'd adapt the tailgate slightly for the UK market.

Anyway, I expect one of these will be my main family car in about 2 years time when I can get a depreciated second hand one.
According to a YouTube video with someone from mg they are testing the model to see how it goes so I suspect they didn’t want to adapt the car unless they are sure there’s a market

jjwilde

1,904 posts

98 months

Friday 13th November 2020
quotequote all
RyanDD said:
Toaster Pilot said:
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?

Not yet, but the Base SR Model 3 is just over £30k
Where?! Hook a brother up!

FeelingLucky

1,086 posts

166 months

Friday 13th November 2020
quotequote all
jjwilde said:
RyanDD said:
Toaster Pilot said:
It’s certainly a strange choice to be faced with - you can’t buy a second hand TM3 for £24k can you?

Not yet, but the Base SR Model 3 is just over £30k
Where?! Hook a brother up!
Nowhere. It was a misrepresentation, or a lie, depending on your perspective. M3 is currently holding it's value astonishingly well. Don't expect to find one much below £35k

Toaster Pilot

Original Poster:

14,623 posts

160 months

Friday 13th November 2020
quotequote all
ElectricSoup said:
I've seen the first few pre-reg ones appearing on autotrader now. They have a square rear number plate. How odd. I expect that's for the Chinese market, but you'd think they'd adapt the tailgate slightly for the UK market.

Anyway, I expect one of these will be my main family car in about 2 years time when I can get a depreciated second hand one.
One dealer is advertising one with a square number plate. All of the press cars used in reviews had a standard one but it’s a tight fit.

danp

1,605 posts

264 months

Friday 13th November 2020
quotequote all
FeelingLucky said:
Nowhere. It was a misrepresentation, or a lie, depending on your perspective. M3 is currently holding it's value astonishingly well. Don't expect to find one much below £35k
Think the lowest I’ve seen was £36k for ex-demo/ returns from Tesla themselves - they didn’t hang around.

SWoll

18,642 posts

260 months

Friday 13th November 2020
quotequote all
danp said:
FeelingLucky said:
Nowhere. It was a misrepresentation, or a lie, depending on your perspective. M3 is currently holding it's value astonishingly well. Don't expect to find one much below £35k
Think the lowest I’ve seen was £36k for ex-demo/ returns from Tesla themselves - they didn’t hang around.
Utter madness.

Cheapest on AT, totally standard (white + black), 15k miles, £37,995?



£2.5k extra gets you a brand new one with the new console, power boot, heat pump etc in 4-6 weeks. Who is going to buy that unless it drops below £35k?

jjwilde

1,904 posts

98 months

Friday 13th November 2020
quotequote all
What was the last car which held value like these?

People on 2 year PCPs will be laughing.

I look most days to try to snipe a cheap one, never seen anything close to a bargain. Plenty of non-tesla EVs have devalued tho. Crazy.

sjg

7,465 posts

267 months

Friday 13th November 2020
quotequote all
Tesla don't play the usual car industry game of having endless demos / management / staff cars that they register to make their numbers look good then sell off after 6 months. They also don't offload thousands to hire companies cheap, again to have back as good "approved used" stock within a year. They don't do cheap lease deals to offload excess factory build slots. They don't have dealership forecourts to keep full and busy.

They don't actually seem that fussed about anything to do with secondhand, just getting new cars out there. Hence the market for used Model 3s now is the very limited number of people who actually bought one and don't want it any more for whatever reason.

ZesPak

24,446 posts

198 months

Friday 13th November 2020
quotequote all
All of the above, the car hasn't been out that long. Not many people sell theirs already. Demand is high.

We'll see in a couple of years.

jjwilde

1,904 posts

98 months

Friday 13th November 2020
quotequote all
ZesPak said:
All of the above, the car hasn't been out that long. Not many people sell theirs already. Demand is high.

We'll see in a couple of years.
It's been 18 months, considering how many people on here will leap in to tell you what an ugly, impractical POS a model3 is very few owners want to be rid of them it would seem.

ZesPak

24,446 posts

198 months

Friday 13th November 2020
quotequote all
jjwilde said:
It's been 18 months, considering how many people on here will leap in to tell you what an ugly, impractical POS a model3 is very few owners want to be rid of them it would seem.
I'd also leap in and say that those people have actually never been near one wink.

Gandahar

9,600 posts

130 months

Friday 13th November 2020
quotequote all
RyanDD said:
This car is quite tempting as the next family car.
It seems to offer all the basics that would reasonably be expected at a wallet friendly price.

I'm torn though as after a Zoe for 3-4 years now, I have seen the pain of public charging on longer journeys and can't help but think a second hand model 3 with access to the supercharger network on top of every CCS EVSE would be the smart place to put my money.

Tesla Shooting brake would make it a no contest, but I'm not flush enough for a coach built one.
The Tesla supercharger network is a



I'm not sure why people cannot think ahead to the future?