MG Australia slashes drive-away prices for MG3, ZS & HS models

The drive-away prices for all petrol and hybrid MG vehicles sold in Australia – except the MG5 sedan – have been slashed by up to $6000.

MG Australia has announced price reductions for the soon-to-be-replaced MG3, ZS, ZST, HS and HS Plus EV models, which apply to vehicles ordered from 1 April 2024.

The reductions applied to most petrol and hybrid MG vehicles follows the shift to national drive-away prices for the all-electric MG4 and ZS EV in late March, which resulted in savings as high as $10,000 in some states.

A $1000 price drop has been applied to Australia’s cheapest new car, the MG3 hatch that dates back to 2011. It is now priced from $18,990 drive-away.

An all-new version of the MG3 has been unveiled ahead of its mid-year arrival in Australia.

The Chinese brand has confirmed that “due to advancements in technology, safety and specification”, the new MG3 will not be priced from under $20,000.

Instead, the new MG3 will start from around $24,990 drive-away, with petrol or hybrid options.

Prices for Australia’s cheapest SUV, the small MG ZS, have fallen $1000 to $22,990 drive-away, while the better-specced ZST is between $1500 and $3500 cheaper than before.

The MG HS is between $3000 and $6000 more affordable – with all variants now available below $40,000 drive-away – while both versions of the plug-in hybrid MG HS Plus EV have fallen $5300.

New-generation versions of the ZS and HS have been uncovered in leaked design patents, with both models expected to arrive in Australia within the next 12 months.

MG Australia has not amended prices for the MG5 sedan launched in mid-2023.

It is due to receive a safety upgrade later this year with higher prices following a poor zero-star ANCAP test result.

“MG is putting customers first by ensuring everyone can access a wide range of affordable vehicles thanks to reduced nationwide drive-away pricing on our most popular models. Whenever we can pass price reductions like this onto our customers, we will make sure we do,” said MG Australia CEO Peter Ciao.

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“In a market where customers are becoming increasingly aware of their finances, providing transparency on the final cost customers will pay for purchasing and servicing a new vehicle is very important; that's why MG has made the move to offer both to customers with no hidden costs.”

VFACTS new-car sales data reveals MG was Australia’s seventh best-selling brand in 2023, ahead of Tesla, Subaru, Isuzu Ute, Volkswagen and Nissan.

2024 MG Australia pricing

MG3

MG4 Electric

MG5

4

MG ZS

MG ZST

MG ZS EV

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MG HS

MG HS Plus EV (plug-in hybrid)