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There are clearance offers on the MG 4 EV, but it’s still not as cheap as it used to be

MG Motor Australia is offering runout savings on its cheapest electric hatchback as it prepares to downsize MG4 product range and introduce a new budget-friendly MG 4 Urban.

The base MG 4 Excite 51, which is dropped along with all MG 4 variants with 51kWh and 77kWh batteries, is now available nationwide for $37,990 in-car.

According to MG’s website, the deal reduces the drive-away price by $365 to $2,526.

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

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Premium paint remains a $700 option.

While the price of the base model MG 4 is higher than before, it was offered for much less.

The MG 4 launched in Australia in 2023 and was priced from $38,990 (excluding on-road costs).

In September and October 2024, MG offered the MG 4 Excite 51 for just $30,990 in-car. At the same time, MG offered factory bonuses between $5,000 and $8,000. These deals increased MG 4 sales by 97.9 percent year-on-year.

The price was increased to $32,990 for the car later in the year.

By the end of October this year, MG had delivered 2,756 MG4s – 47.6 percent fewer than in the same period last year.