Big news: there’s a new MG 4 imminent. That’s only slightly sarcastic, too, as the battery-powered family hatch has proven quite the hit, both commercially and critically. Almost 50,000 have been sold in the UK, and the PH review suggested the 4 was ‘one of our stars of 2022’. So there. For the update, MG is doubling down on what made its core EV popular in the first place: it’s now cheaper, the tech is said to be better, and it offers up to 338 miles of range. So expect to see plenty more of them on the road this year.
The price reduction extends to the top-of-the-range MG 4 XPower, too; what used to cost £37k is now £33,995. Which, for 435hp, isn’t very much money at all. By all accounts the XPower version isn’t the greatest EV in the world to drive (little wonder we've never been offered the chance) dual motors and all that power probably a bit too much for the chassis in truth - nevertheless, it’s hard to ignore that much performance for, relatively speaking, so little cash: it’ll do 0-62mph in 3.8 seconds, after all.
In the meantime, secondhand examples are plentiful. And, wouldn’t you know, even more affordable than new. We’re accustomed to very expensive EVs plummeting in value, yet it would appear that a general lack of enthusiasm is impacting all sectors. This XPower, for example, is £20,000 less than it would have been new after fewer than 10,000 miles. While £17,989 isn’t yet bargain basement territory (and it’ll be there probably sooner than we all think), it puts the MG at little more than new Dacia Spring money. With four times the power. Speed isn’t everything, but it does matter.
With so few miles, this XPower appears to be in like-new condition. The 61.8kWh usable battery is said to be at 97 per cent health (the official range is 240 miles), the orange paint is still violently vibrant, and the interior shows the bare minimum of wear. It’s not going to set any new standards for ambience or take your breath away with features, though it’s going to be good enough, surely, for a shopping/school/swimming shuttle. With the straight line performance of a Porsche, don’t forget.
And without wishing to sound like a broken record, that’s going to be the crux of an XPower’s appeal. It isn’t the only nearly new EV at less than £20k, but it really is the only one that’ll offer up so much speed. Imperfect one-trick ponies become a lot easier to like when they’re even cheaper than new. In theory, it shouldn’t cost very much to run, either, at least for those with home charging, and will still be under manufacturer warranty for a good while yet. As an urban runaround that might be even quicker than your fun car, there’s surely a lot to be said for an XPower.
With new ones coming to market soon as well (at that lower price), it’s got to be a good time to do a deal on the old ones. Already there are pre-facelift examples at less than £25k with delivery miles, which is a significant saving on what’s already a pretty cheap car. With new ones on the way, MG dealers in particular will probably want rid of old stock. While this isn’t going to be the 400hp+ five-door hatch for everyone, or an £18k MG to lust after (here’s a V8 B, we still like those too), the power-per-pound ratio is unavoidably favourable for the XPower. And we’re nothing if not keen on good value here. See you at Santa Pod.
SPECIFICATION | MG4 XPOWER
Engine: 61.8kWh lithium-ion/NMC battery (usable), dual electric motors
Transmission: Single-speed, four-wheel drive
Power (hp): 435
Torque (lb ft): 443
0-60mph: 3.8 seconds
Top speed: 124mph
MPG: 239 miles, 3.3mi/kWh, 150kW charging
Year registered: 2023
Recorded mileage: 9,839
Price new: £36,495 (as standard, before options)
Yours for: £17,989
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