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Used MG MG4 EV
Higher mileage increases depreciation, so keeping the MG within the average range helps control this. Regular upkeep is vital, a well-maintained MG4 EV with a service history will depreciate slower than a neglected one.
With an average, estimated monthly depreciation of £523, the annual total is around £6282.
Month | Average market price | Lowest market price | Highest market price | Market price range | Calculation method |
---|---|---|---|---|---|
2024 - July | £23,132 | £20,015 | £26,250 | £20,015 - £26,250 | Estimate |
2024 - August | £23,038↘ | £20,244 | £25,832 | £20,244 - £25,832 | Estimate |
2024 - September | £22,442↘ | £19,747 | £25,137 | £19,747 - £25,137 | Estimate |
2024 - October | £21,623↘ | £19,064 | £24,182 | £19,064 - £24,182 | Estimate |
2024 - November | £20,821↘ | £18,588 | £23,054 | £18,588 - £23,054 | Estimate |
2024 - December | £20,172↘ | £18,039 | £22,305 | £18,039 - £22,305 | Estimate |
2025 - January | £19,877↘ | £17,682 | £22,071 | £17,682 - £22,071 | Estimate |
2025 - February | £19,295↘ | £17,056 | £21,535 | £17,056 - £21,535 | Estimate |
2025 - March | £18,990↘ | £16,835 | £21,145 | £16,835 - £21,145 | Estimate |
2025 - April | £18,345↘ | £16,604 | £20,087 | £16,604 - £20,087 | Estimate |
2025 - May | £17,685↘ | £16,031 | £19,340 | £16,031 - £19,340 | Estimate |
2025 - June | £16,851↘ | £15,294 | £18,408 | £15,294 - £18,408 | Estimate |
2025 - August | £15,641↘ | - | - | - | Forecast |
2025 - September | £15,035↘ | - | - | - | Forecast |
2025 - October | £14,430↘ | - | - | - | Forecast |
2025 - November | £13,825↘ | - | - | - | Forecast |
2025 - December | £13,220↘ | - | - | - | 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
-£6,282
Next 6 months
-£3,631
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Are you interested in purchasing a used electric car? The MG MG4 EV is a solid choice. In total, there are 537 used MG MG4 EVs for sale on AutoUncle in the UK sourced from numerous dealership websites and online marketplaces.
The price of a used MG MG4 EV ranges from £13,798 for the cheapest model to £29,985 for the latest and most well-equipped model.
The British car is valued at different prices based on primarily five factors: manufacturing year, engine capacity and performance, the car's fuel consumption, number of miles not to mention the vehicle's equipment variant.
As an example, a newer model with fewer miles covered, or a high-end version boasting a potent engine, often fetches a top-tier price than, for example, an older model with more kilometres driven or with a lower equipment level.
As you considers the cost of a used MG MG4 EV, it's fundamental to analyze vehicles having the same engines and equipment. Otherwise, you might draw an inaccurate conclusion about which car to acquire.
The MG MG4 EV is available with just one fuel type, el. We currently have 537 cars available at an average price of £19,654. .
Electric cars are becoming increasingly popular in the UK market for several reasons, including reduced CO2 emission, faster acceleration and greater comfort. The embrace of electric vehicles like the MG MG4 EV is essential in moving towards more eco-conscious and sustainable transport alternatives.
Browse AutoUncle's assortment of electric vehicles here
There are plenty of advantages in acquiring a used electric vehicle. Some of the advantages are:
Lower purchase price: Used electric cars are generally cheaper than new ones. The reduced pricing of these vehicles extends the reach of electric vehicle technology to more buyers.
Environmental impact: Deciding on a used EV in favour of a new model further lowers the impact on the environment. Creating a new car, notably the battery, involves a significant environmental burden. Opting for a used car means you're not partaking in this ecological impact.
Improved battery life: The unease over battery endurance in electric vehicles has subsided as technological developments have emerged. A significant portion of battery life remains in many used electric vehicles, alongside a downward trend in the costs of battery replacement.
Performance and technology: Many electric vehicles on the market now deliver striking performance and are fitted with the most modern technology. Even EV models from a few years ago can still ensure a cutting-edge driving experience.
Government incentives: Despite being less than what is offered for new electric cars, government incentives for used electric cars might still be in place, for instance, decreased road tax and the ability to enter low-emission districts.
On AutoUncle, the MG MG4 EV is exclusively offered in the hatchback body style. Hatchbacks seamlessly combine compact design with impressive driving dynamics and practical space. Their fuel efficiency and ease of parking make them a favourite choice for city dwellers.
The MG MG4 EV faces stiff competition within its segment.
Competing cars for the MG MG4 EV
The Vauxhall Corsa takes the lead as the top selection when looking for an outstanding substitute for the MG MG4 EV. There are 8,125 of this car for sale in the UK right now and the average selling price is £9,857.
The Ford Focus emerges as a significant contender in the segment, boasting an inventory of 6,792 vehicles presently up for sale on AutoUncle with an average sales price of £9,999. The Audi A3 is the third best alternative. There are currently 4,846 of this car for sale in the UK with an average sales price of £17,750.