MG MG4 EV Valuation: 787 used car listings analysed

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How much does the MG MG4 EV depreciate?

Used MG MG4 EV

A used MG MG4 EV (2023) model loses about £428 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 £428, you should also factor in fuel costs, road tax, insurance and maintenance (including tyres and car washes) to get the full monthly cost.

How much does a used MG MG4 EV cost? Prices, ratings and depreciation by model year

How much does a used MG MG4 EV cost? Prices, ratings and depreciation by model year

Model year

Price range*

Avg. Price

Median Mileage

Depreciation
(12 mth.)

Cars for sale

2026 MG MG4 EV

£21,095 - £32,495£26,0140 miles+£840208

2025 MG MG4 EV

£13,400 - £29,745£19,6643,300 miles-£5,980158

2024 MG MG4 EV

£12,600 - £20,299£16,36412,200 miles-£5,300107

2023 MG MG4 EV

£10,990 - £16,495£13,56717,400 miles-£5,140275

2022 MG MG4 EV

£10,199 - £14,300£12,30320,500 miles-£3,42039

*The '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

Last updated: 5 April 2026

Comparison of MG MG4 EV variants and prices

Below you can compare prices and depreciation for the 3 most popular MG MG4 EV variants. The table is updated daily with data from the market in United Kingdom.

Comparison of MG MG4 EV variants and prices

Variant

Price range*

Avg. Price

Median Mileage

Depreciation
(12 mth.)

Cars for sale

📈 The best value

MG MG4 EV Comfort

£21,095 - £24,045£22,4710 miles-£50059
🏆 The most popular

MG MG4 EV Trophy

£12,700 - £22,491£16,46013,300 miles-£3,900325
💰 The budget choice

MG MG4 EV SE

£10,595 - £16,799£12,91815,100 miles-£4,540209

*The '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

Last updated: 5 April 2026

Which variant should you choose?

💰 The budget choice

The SE is the cheapest entry point with an average price of £12,918.

🏆 The most popular

There are the most Trophy for sale right now (325), which gives you the most options to choose from.

📈 The best value

The Comfort has held its price stable with minimal loss in value over the past year (-£500).

MG MG4 EV (model year 2023) - Price development for the last 12 months and price projection for the next 6 months (April 2025 - September 2026)

Monthly price data with average prices and price ranges

Month

Average market price

Lowest market price

Highest market price

Calculation method

2025 - April
£18,340
£16,600£20,080
Estimate
2025 - May
£17,680
£16,040£19,340
Estimate
2025 - June
£16,840
£15,280£18,400
Estimate
2025 - July
£16,360
£14,800£17,940
Estimate
2025 - August
£15,900
£14,380£17,440
Estimate
2025 - September
£15,520
£14,200£16,840
Estimate
2025 - October
£15,440
£14,140£16,740
Estimate
2025 - November
£15,540
£14,320£16,760
Estimate
2025 - December
£15,100
£14,020£16,200
Estimate
2026 - January
£14,720
£13,680£15,780
Estimate
2026 - February
£13,840
£12,800£14,900
Estimate
2026 - March
£13,200
£12,120£14,300
Estimate
2026 - May
£12,320
--
Forecast
2026 - June
£11,860
--
Forecast
2026 - July
£11,420
--
Forecast
2026 - August
£10,980
--
Forecast
2026 - September
£10,540
--
Forecast

All estimates and forecasts are based on actual market data

Last updated: 5 April 2026

Average Monthly Depreciation

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

Past 12 months

-£5,140

Next 6 months

-£2,660

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Price checked by AutoUncle

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Good price

Fair price

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Expensive

Should your next car be a used MG MG4 EV?

Are you considering purchasing a used medium sized family car? Then the MG MG4 EV is an excellent choice. AutoUncle features 809 avalable cars to choose from, each one gathered from an online marketplace or dealership website.

How much is a pre-owned MG MG4 EV worth?

The cheapest MG MG4 EV that is available here on AutoUncle costs £11,699, while the most expensive model is priced at £23,989.

The used car price of an MG MG4 EV is determined by a number of factors, the most important of which are manufacturing year, engine size and performance, fuel consumption of the car, mileage not to mention the equipment level of the car.

For example, a car that's younger with fewer miles on the odometer will typically command a higher price. Likewise, models at the higher end boasting luxurious features or more powerful engines tend to come with a heftier price tag than a car from an older model year, with higher mileage and no optional extras.

How many different equipment levels does the MG MG4 EV have?

When looking for the best car deal for a used MG MG4 EV, it is important that you only compare with the offers of cars with the same engine and equipment. If you don't, you could end up reaching a wrong decision on which car to purchase.

What fuel types are available for the MG MG4 EV?

The principal fuel kind for a MG MG4 EV is el.

There are a few questions you should ask yourself when deciding on a fuel type. Are your driving routes predominantly in urban areas or on highways and motorways? What is your average weekly mileage?

For short journeys, electric cars, plug-in hybrids or petrol cars are obvious choices. For longer daily commutes, a modern electric car is often suitable - especially if you can charge at home or at work. Despite the rise of electric cars, diesel can still be useful for long journeys and lack of charging options. Keep in mind that certain countries have bans on high-emission diesel engines entering their cities.

More and more people are choosing electric cars over traditional ones

The increasing preference for electric vehicles in the UK can be linked to their eco-friendliness, lesser fuel and upkeep costs, and governmental measures targeting carbon emission reduction, which encompass incentives for buyers of these cars. The integration of hybrid vehicles such as the MG MG4 EV is central in the transition to more green and sustainable transport solutions.

Positive aspects of selecting a used electric car

There are a lot of benefits of buying an electric car used. Upsides such as:

  1. Lower purchase price: Used EVs are often more affordable than their new counterparts. This lower price point makes EV technology accessible to a wider range of buyers.

  2. Environmental impact: Preferring a used electric car to a new one additionally reduces environmental effects. The production of a new car, specifically the battery, has a significant carbon footprint. Buying used means you're not contributing to this.

  3. Improved battery life: The issue of battery life in electric cars has become less pressing with the improvement in technology. Many previously owned electric vehicles have a considerable amount of their battery life intact, and the costs for battery replacements are reducing.

  4. Performance and technology: A great deal of today's electric vehicles provide outstanding performance and the latest technological advancements. Even slightly dated models can still bring a contemporary, high-tech driving experience.

  5. Government incentives: Despite being less than what is offered for new electric cars, used electric cars might still qualify for government subsidies, like reduced car tax and admittance to areas with low emissions.

What kind of car is the MG MG4 EV?

The MG MG4 EV is only offered in the hatchback body type in the UK. Hatchbacks are versatile compact cars that meld superb driving dynamics with a surprisingly spacious interior. Their popularity soars among city dwellers, given their fuel efficiency and ease of parking.

What other competing models to the MG MG4 EV are there?

There are some similar cars to the MG MG4 EV.

Alternative cars to the MG MG4 EV

  • Vauxhall Corsa
  • Ford Focus
  • Audi A3

With a selection of 6,126 available models on AutoUncle, the Vauxhall Corsa clearly stands out as the top alternative to the MG MG4 EV. The Vauxhall Corsa has an average price tag of £9,995.

The Ford Focus is another popular pick, with 5,399 cars currently for sale and an average price of £10,000. The Audi A3 comes in as the third most popular choice with an average sales price of £17,250 and 4,480 car for sale at the moment in the UK.

All regions for MG MG4 EV