2024 MG5 Price & Specs

$24,990 - $28,990

On this page you will find accurate MG5 valuations and comprehensive price and specification details of the 2024 MG5. Using this pricing guide, you can easily group the MG5 range by price, engine, transmission and other useful categories. Scroll to the bottom and you will also find a comparison tool that will allow you to compare the MG5 with other vehicles in its category.

MG5

2024 MG 5 price and specs

Despite a recent price increase, the MG 5 is still the cheapest sedan in Australia. Safety updates are coming for model year 2025.

less than $30k

MG5 VIBE

MG5

VIBE

$24,990

1.5L

petrol

CVT

5.7 / 100km

4D SEDAN

FWD

Find a deal Price & Specs

MG5 ESSENCE

MG5

ESSENCE

$28,990

1.5L

petrol

7 AT

5.9 / 100km

4D SEDAN

FWD

Find a deal Price & Specs

Compare to Other Models

Popular Comparisons

MG5

Kia Cerato

MG5

Hyundai i30

MG5

Toyota Corolla

Make Your Own Comparison

MG

MG5

CHOOSER YOUR MAKE

CHOOSER YOUR MODEL

Related Content

How much Australia's 10 cheapest cars cost to service

How much Australia's 10 cheapest cars cost to service

A tantalising sticker price is one thing, but how affordable are Australia's cheapest cars to own in the long run?

Josh Nevett

2025 MG 5: Budget-friendly sedan gets a fresh look

2025 MG 5: Budget-friendly sedan gets a fresh look

The updated MG 5 sedan has been revealed in China, with revised exterior styling and a new dashboard with a larger touchscreen.

Jordan Mulach

2024 MG 5 price and specs

2024 MG 5 price and specs

Despite a recent price increase, the MG 5 is still the cheapest sedan in Australia. Safety updates are coming for model year 2025.

William Stopford

MG Australia increases prices by up to $5600

MG Australia increases prices by up to $5600

Some MG models no longer have nationwide drive-away pricing which has resulted in price rises of up to $5678.

Jack Quick

MG 5 safety upgrade nearing Australian launch

MG 5 safety upgrade nearing Australian launch

MG is readying hardware and software fixes to improve the safety of its MG 5 sedan, but they're not due until late this year or during 2025.

William Stopford

The affordable small cars with the best fuel economy

The affordable small cars with the best fuel economy

Want to save on a small car? Want to save on running costs? Have a look to see what options are the best of both worlds.

Max Davies

The small cars with the most boot space in Australia

The small cars with the most boot space in Australia

Small car doesn't necessarily mean small boot. We've broken down the cheaper offerings of the small car segment to see which is biggest.

Max Davies

MG 5: Chinese brand details safety fixes for Australia

MG has detailed some of the safety fixes it plans to roll out for its MG 5 in 2024 following a zero-star rating from ANCAP.

William Stopford

MG 5 receives zero-star ANCAP safety rating

MG 5 receives zero-star ANCAP safety rating

The MG 5 is one of two vehicles that have received a zero-star ANCAP safety rating based on the latest testing protocols.

Jack Quick

MG 5: More safety kit coming to budget sedan

MG 5: More safety kit coming to budget sedan

The Australian-market MG 5 sedan is set to get more safety equipment during 2024, though just what will be added is unclear.

William Stopford

2024 MG 5 review

2024 MG 5 review

Australia’s cheapest sedan is a value-packed offering – so long as you’re okay to go without some safety things…

Matt Campbell

2023 MG 5 price and specs: Sharp sticker for Chinese i30 rival

2023 MG 5 price and specs: Sharp sticker for Chinese i30 rival

The MG 5 is gunning for the Toyota Corolla and Kia Cerato in Australia, and it's wading into battle with a razor-sharp sticker price.

Scott Collie

Cut-price MG 5 sedan hits Australia with minimal safety tech

Cut-price MG 5 sedan hits Australia with minimal safety tech

The MG 5 is now reaching showrooms, but no variant offers commonplace safety kit like lane-keep assist and blind-spot monitoring.

William Stopford

MG 5: Chinese rival for Hyundai i30 hits Australia

MG 5: Chinese rival for Hyundai i30 hits Australia

The new MG 5 has been snapped on Australian roads... on the back of a trailer. The Hyundai i30 rival is not far from local showrooms.

Scott Collie

MG 5: Hyundai i30 rival coming with two engines

MG 5: Hyundai i30 rival coming with two engines

The small MG 5 sedan will arrive in Australia shortly with a choice of two 1.5-litre engines, only one of which has a turbocharger.

William Stopford

MG 5 sedan spied in Oz ahead of imminent launch

MG 5 sedan spied in Oz ahead of imminent launch

MG's new petrol-powered small sedan is due in Australia sometime by July, and one has already been spied in a car park in Sydney.

William Stopford

Other Cars in this Segment

See price and specs for similarly sized vehicles