Key Points
- MG has cut EV pricing with a $500 accessories bonus on MG4 EV variants and 0% p.a. comparison rate finance on the MGS5 EV, running until 31 July and 30 September 2026 respectively.
- MG is offering up to $3,000 cashback on the IM5 and IM6, or 1.88% p.a. comparison rate finance as an alternative, but not both together.
- The MG HS Super Hybrid, MG's only plug-in hybrid, is priced from $48,990 drive away and qualifies for 0% p.a. finance alongside the rest of the HS range.
MG Motor Australia has a run of offers live across its electric and plug-in hybrid range this month. The deals cover the MG4 EV, MGS5 EV, MGS6 EV, IM5, IM6 and the MG HS Super Hybrid, MG's only current plug-in hybrid model.
Drive-away pricing offers run until 31 July 2026. Separately, MG is offering discounted finance on selected EV and PHEV models until 30 September 2026, with finance settlement required by 15 October 2026. Here is every current offer.
MG4 EV: $500 accessories bonus
Every MG4 EV variant comes with a $500 accessories bonus until 31 July 2026. Buyers can put the $500 toward eligible MG accessories ordered with the vehicle, or take it as a $500 reduction on the purchase price instead.
MG4 EV July Drive-Away Pricing
Variant | Battery | Drive-Away Price | Bonus |
MG4 EV Urban Essence 43 | 43kWh | $31,990 | $500 accessories |
MG4 EV Urban Essence 54 | 54kWh | $34,990 | $500 accessories |
MG4 EV Essence 64 | 64kWh | $39,990 | $500 accessories |
MG4 EV XPOWER | 64kWh | $47,990 | $500 accessories |
MGS5 EV: drive-away pricing plus 0% finance
The MGS5 EV is priced from $41,990 drive away for the 49kWh Essence, rising to $46,990 for the longer-range 62kWh Essence. Both are listed as drive-away offers rather than carrying a separate cash discount.
MGS5 EV July Drive-Away Pricing
Variant | Battery | Drive-Away Price |
MGS5 EV Essence 49kWh | 49kWh | $41,990 |
MGS5 EV Essence 62kWh | 62kWh | $46,990 |
On top of drive-away pricing, MG is offering 0% p.a. comparison rate finance on both MGS5 EV variants until 30 September 2026. The finance offer has a maximum three-year loan term, no minimum deposit, no balloon payment option, and no establishment or account-keeping fees.
MGS6 EV: drive-away pricing
The MGS6 EV starts at $49,990 drive away for the Essence RWD, with the Essence AWD priced from $56,990. Neither variant currently appears on MG's finance offers page, so the discounted 0% and 1.88% p.a. rates do not apply here.
MGS6 EV July Drive-Away Pricing
Variant | Drivetrain | Drive-Away Price |
MGS6 EV Essence RWD | RWD | $49,990 |
MGS6 EV Essence AWD | AWD | $56,990 |
IM5 and IM6: up to $3,000 cashback
MG's IM5 sedan and IM6 SUV both carry up to $3,000 cashback across their three shared trim levels: Premium, Platinum and Performance. The cashback is deducted from the purchase price at point of sale and applies to both new and demonstrator vehicles.
IM5 and IM6 July Drive-Away Pricing
Variant | List Price | Cashback | Drive-Away Price |
Premium | $60,990 | $3,000 | $57,990 |
Platinum | $67,990 | $3,000 | $64,990 |
Performance | $77,990 | $3,000 | $74,990 |
As an alternative to the cashback, IM5 and IM6 buyers can instead choose 1.88% p.a. comparison rate finance, also running until 30 September 2026 with the same three-year maximum term, no minimum deposit and no balloon option. MG's terms state cashback cannot be combined with finance offers, so buyers need to pick one or the other, not both.
MG HS Super Hybrid: MG's only PHEV, from $48,990
MG does not currently sell a small or mid-size PHEV outside the HS range. The HS Super Hybrid is MG's sole plug-in hybrid model on sale in Australia, sitting above the non-plug-in HS HYBRID+ in the lineup. It combines a turbo-petrol engine with a 24.7kWh battery and an electric motor.
MG HS Super Hybrid July Drive-Away Pricing
Variant | Drive-Away Price |
HS Excite SUPER HYBRID | $48,990 |
HS Essence SUPER HYBRID | $52,990 |
Both HS Super Hybrid variants also qualify for MG's 0% p.a. comparison rate finance offer, which covers the entire HS range including the petrol, HYBRID+ and Super Hybrid variants, until 30 September 2026.
Finance offers at a glance
MG's discounted finance runs separately from the drive-away pricing offers above and closes later, on 30 September 2026, with settlement required by 15 October 2026. It is issued by Angle Auto Finance and is not available to government, fleet or rental buyers.
MG EV and PHEV Finance Offers
Model | Comparison Rate | Offer Ends |
MGS5 EV (both variants) | 0% p.a. | 30 September 2026 |
MG HS (incl. Super Hybrid PHEV) | 0% p.a. | 30 September 2026 |
IM5 (all variants) | 1.88% p.a. | 30 September 2026 |
IM6 (all variants) | 1.88% p.a. | 30 September 2026 |
The MG4 EV and MGS6 EV are not listed on MG's finance offers page, so the discounted rates above do not extend to those models at this time.
Offer terms and eligibility
Drive-away pricing offers apply to new vehicles sold and delivered between 1 and 31 July 2026 at participating MG dealers, while stocks last. Fleet, government and rental buyers are excluded from both the drive-away and finance offers.
The cashback offer is not redeemable for cash and is not combinable with other offers, except that IM5 and IM6 cashback can be combined with the $500 EV accessories bonus where applicable. Cashback cannot be combined with the finance offers.
About the author
Danny is a consultant and entrepreneur working at the cutting edge of the electric vehicle and energy transition. He is passionate about educating and helping consumers make better decisions through data.
