MG MG4 EV used • 650 cars price-checked by AutoUncle

autouncle-certified

Price checked by AutoUncle

Super price

Good price

Fair price

A bit pricey

Expensive

How much does the MG MG4 EV depreciate?

Used MG MG4 EV

A used MG MG4 EV (2023) model loses about £592 per month in value.


Factors that affect the depreciation of a MG MG4 EV:
- Mileage driven
- Maintenance
- Service history


Depreciation is an important part of calculating the total cost of owning a MG MG4 EV. In addition to the monthly depreciation of £592, you should also factor in fuel costs, road tax, insurance and maintenance (including tyres and car washes) to get the full monthly cost.

MG MG4 EV - Price and depreciation overview by model year

MG MG4 EV - Price and depreciation overview by model year

Model year

Typical price range*

Average price

Price trend / depreciation
(last 12 months)

Cars for sale

2025 MG MG4 EV

£17,945 - £33,995£25,255-£8,160143

2024 MG MG4 EV

£14,978 - £31,995£21,595-£5,420196

2023 MG MG4 EV

£12,788 - £22,990£16,174-£7,100278

2022 MG MG4 EV

£12,697 - £27,499£15,809-£3,88033

*The “Typical price range” column shows the prices at the 5th and 95th percentiles of cars in the current market

The data is based on the cars currently listed on AutoUncle

Market price development for 2023 MG MG4 EV (August 2024 - February 2026)

Monthly price data with average prices and price ranges

Month

Average market price

Lowest market price

Highest market price

Calculation method

2024 - August
£23,038
£20,244£25,832
Estimate
2024 - September
£22,442
£19,747£25,137
Estimate
2024 - October
£21,623
£19,064£24,182
Estimate
2024 - November
£20,821
£18,588£23,054
Estimate
2024 - December
£20,172
£18,039£22,305
Estimate
2025 - January
£19,877
£17,682£22,071
Estimate
2025 - February
£19,295
£17,056£21,535
Estimate
2025 - March
£18,990
£16,835£21,145
Estimate
2025 - April
£18,345
£16,604£20,087
Estimate
2025 - May
£17,685
£16,031£19,340
Estimate
2025 - June
£16,847
£15,288£18,406
Estimate
2025 - July
£16,365
£14,793£17,938
Estimate
2025 - August
£15,948
£14,411£17,485
Estimate
2025 - September
£15,340
--
Forecast
2025 - October
£14,731
--
Forecast
2025 - November
£14,123
--
Forecast
2025 - December
£13,514
--
Forecast
2026 - January
£12,906
--
Forecast
2026 - February
£12,298
--
Forecast

All estimates and forecasts are based on actual market data

Average Monthly Depreciation

A summary of the past 12 and an estimation of the next 6 months.

Past 12 months

-£7,100

Next 6 months

-£3,660

autouncle-certified

Price checked by AutoUncle

Super price

Good price

Fair price

A bit pricey

Expensive

Thinking about buying a used MG MG4 EV?

Are you thinking of buying a used electric car? The MG MG4 EV is a great pick. AutoUncle has 579 used MG MG4 EVs for sale in the UK, each one sourced from an online marketplace or dealership website.

How much does a used MG MG4 EV cost?

A used MG MG4 EV costs between £13,000 for the cheapest variant and £28,967 for the most expensive model.

The used car price for the British car can differ a lot and depends on five primary factors: production year, engine size and performance, fuel economy of the car, car mileage and equipment level.

For instance, a more recent model with lower mileage, or a luxury edition with a robust engine, usually garners a premium price than an earlier version with less equipment and higher mileage.

What are the available trim levels for the MG MG4 EV?

In order to find the best sale price, it is important only comparing the offers of cars with the same equipment variant and engine size. If you don't, you might make a wrong decision on which car to buy.

What are the fuel options for the MG MG4 EV?

The primary energy source for the MG MG4 EV is el.

Think carefully about your driving practices before deciding on the suitable fuel type - we highly recommend this approach. Are you more often driving in urban areas or on expansive roads and motorways? How many miles do you usually drive each week?

Electric cars, plug-in hybrids and petrol are great for short distances. For long daily driving, electric cars are a strong choice if you can charge. For longer daily commutes, a modern electric car is often suitable - especially if you can charge at home or at work. If you often drive long distances and can't charge, diesel can still be a viable option. It's important to consider that in some countries, diesel engines with high emissions are prohibited from entering cities.

Growing trend towards electric vehicle utilization

Due to their reduced CO2 emissions, faster acceleration and increased comfort, electric cars have become quite popular in the UK market. The integration of hybrid vehicles such as the MG MG4 EV plays a crucial role in the journey towards more environmentally considerate and sustainable travel options.

Upsides to investing in a used electric car

A considerable number of rewards come from investing in a used electric vehicle. Benefits such as:

  1. Lower purchase price: Second-owner electric vehicles are often more cost-effective than buying new. The more modest price level broadens the accessibility of electric vehicle technology to a wider range of buyers.

  2. Environmental impact: The choice of a second-owner electric car over a new one further reduces its carbon footprint. The production of a new car, specifically the battery, has a significant carbon footprint. Purchasing pre-owned implies you're not adding to this environmental burden.

  3. Improved battery life: Concerns about the battery performance in EVs have lessened with the advancement of technology. Many used electric vehicles retain a significant part of their battery lifespan, with replacement expenses on the decline.

  4. Performance and technology: Many of the modern electric cars showcases standout performance and the very latest in technological innovation. Even vehicles a few years old are capable of offering a state-of-the-art driving experience.

  5. Government incentives: Despite being less than what is offered for new electric cars, there could still be governmental benefits available for second-hand electric vehicles, such as reduced road tax and access to low-emission zones.

In which body styles can you buy the MG MG4 EV?

On AutoUncle, the MG MG4 EV is exclusively offered in the hatchback body style. Hatchbacks are excellent compact cars that combine great driving with the flexibility of ample space. They are very popular with people living in cities, as they are typically fuel efficient and easy to park.

Is the MG MG4 EV the best choice - or are there better alternatives?

The MG MG4 EV faces stiff competition within its segment.

Well-liked options instead of the MG MG4 EV

  • Vauxhall Corsa
  • Ford Focus
  • Audi A3

The Vauxhall Corsa is a top choice when looking for an alternative to the MG MG4 EV. You'll currently find an inventory of 9,126 of these cars available for sale on AutoUncle, with an average sale price of £9,126.

The Ford Focus is a strong option in this segment, with 7,421 cars currently for sale on AutoUncle and an average price of £9,990. The Audi A3 comes in as the third most popular choice with an average sales price of £17,004 and 4,830 car for sale at the moment in the UK.

All body types for MG MG4 EV

All regions for MG MG4 EV

All fuel types for MG MG4 EV

All years for MG MG4 EV

All gear types for MG MG4 EV

All trim level for MG MG4 EV