EconomyModel Hub

Mg 4

204 hp all-electric, popular European EV hatchback, 2026 model. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2026 2025 2024

Base Price

$34K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$7K/yr

Most Expensive

🇸🇬 Singapore

$23K/yr

5-Year TCO (US)

$91K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~6L / 100km

At 15,000 km/yr, approx. 900 litres annually

📉

3-Year Depreciation

38% loss

Loses ~$12,920 from $34,000 base in 3 years

🔧

Annual Maintenance

$900

Typical for Economy segment in developed markets

🏷️

Segment

Economy

Competes in the Economy segment globally

About This Model

Economy Segment: Maximum Value, Minimum Running Cost

Economy models are engineered around a single principle: the lowest possible cost per kilometre. Fuel efficiency, low insurance group ratings, and affordable scheduled maintenance are prioritised over performance or luxury. In markets where fuel prices exceed $1.50/litre, the annual fuel saving versus a mid-range model can exceed $600 USD — a figure that compounds significantly over a five-year ownership period. Parts availability is typically excellent, and independent service centres can handle most maintenance tasks at rates 30–50% below authorised dealer pricing.

The Mg 4 is a Economy-segment vehicle with a base price of $34,000 USD. 204 hp all-electric, popular European EV hatchback, 2026 model. Across 50 countries, annual ownership costs range from $7K in Venezuela to $23K in Singapore — a 220% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$6,800

Insurance

$1,900

Fuel

$855

Maintenance

$1,221

Registration

$450

Total Annual$11,226

Full US Breakdown

Interactive Chart

Mg 4 — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the 4 Lose Value?

Starting at $34,000, the Mg 4 retains 51% of its value after 5 years — losing $16,660 in total.

Year 1

$27,200 (80%)

Year 2

$23,800 (70%)

Year 3

$21,080 (62%)

Year 4

$19,040 (56%)

Year 5

$17,340 (51%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $11,226. Depreciation is the largest single cost at 61% of total annual spend.

Depreciation

$6,80061%

Insurance

$1,90017%

Fuel

$8558%

Maintenance

$1,22111%

Registration

$4504%

Country Rankings

Where Is the 4 Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $47K

$7K/yr

#2🇮🇷

Iran

Purchase: $70K

$7K/yr

#3🇧🇩

Bangladesh

Purchase: $98K

$8K/yr

#4🇳🇬

Nigeria

Purchase: $49K

$8K/yr

#5🇪🇬

Egypt

Purchase: $54K

$9K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $52K

$23K/yr

#2🇭🇰

Hong Kong

Purchase: $73K

$19K/yr

#3🇩🇰

Denmark

Purchase: $106K

$14K/yr

#4🇬🇧

United Kingdom

Purchase: $43K

$14K/yr

#5🇮🇱

Israel

Purchase: $73K

$14K/yr

50 Countries

Mg 4 — Annual Cost by Country

Based on 2026 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$47K	20%	$100	$9	$7K	View
2	🇮🇷Iran	$70K	90%	$150	$45	$7K	View
3	🇧🇩Bangladesh	$98K	150%	$200	$720	$8K	View
4	🇳🇬Nigeria	$49K	35%	$550	$495	$8K	View
5	🇪🇬Egypt	$54K	40%	$450	$342	$9K	View
6	🇷🇺Russia	$47K	15%	$700	$558	$9K	View
7	🇺🇦Ukraine	$45K	10%	$500	$990	$9K	View
8	🇵🇪Peru	$44K	9%	$600	$855	$9K	View
9	🇶🇦Qatar	$36K	5%	$1K	$171	$9K	View
10	🇵🇰Pakistan	$60K	50%	$450	$1K	$9K	View
11	🇮🇳India	$87K	100%	$350	$945	$9K	View
12	🇬🇭Ghana	$47K	20%	$650	$1K	$9K	View
13	🇸🇦Saudi Arabia	$41K	5%	$1K	$216	$9K	View
14	🇮🇩Indonesia	$53K	40%	$650	$675	$9K	View
15	🇵🇭Philippines	$50K	30%	$750	$945	$10K	View
16	🇲🇾Malaysia	$47K	30%	$950	$468	$10K	View
17	🇰🇪Kenya	$49K	25%	$750	$1K	$10K	View
18	🇦🇪UAE	$37K	5%	$1K	$378	$10K	View
19	🇹🇭Thailand	$65K	80%	$850	$855	$10K	View
20	🇻🇳Vietnam	$64K	70%	$450	$810	$10K	View
21	🇨🇴Colombia	$55K	35%	$1K	$765	$10K	View
22	🇲🇽Mexico	$47K	20%	$1K	$720	$10K	View
23	🇦🇷Argentina	$56K	35%	$1K	$585	$10K	View
24	🇷🇴Romania	$45K	10%	$950	$1K	$10K	View
25	🇭🇺Hungary	$47K	10%	$1K	$1K	$10K	View
26	🇨🇱Chile	$43K	6%	$1K	$945	$10K	View
27	🇨🇿Czech Republic	$45K	10%	$1K	$1K	$10K	View
28	🇵🇱Poland	$46K	10%	$1K	$1K	$11K	View
29	🇨🇳China	$44K	15%	$1K	$990	$11K	View
30	🇿🇦South Africa	$49K	25%	$2K	$1K	$11K	View
31	🇰🇷South Korea	$40K	8%	$1K	$1K	$11K	View
32	🇺🇸United States	$35K	2.5%	$2K	$855	$11K	View
33	🇵🇹Portugal	$46K	10%	$1K	$2K	$11K	View
34	🇬🇷Greece	$46K	10%	$1K	$2K	$11K	View
35	🇪🇸Spain	$45K	10%	$2K	$2K	$11K	View
36	🇳🇿New Zealand	$41K	5%	$2K	$1K	$12K	View
37	🇹🇷Turkey	$73K	80%	$950	$2K	$12K	View
38	🇫🇷France	$45K	10%	$2K	$2K	$12K	View
39	🇫🇮Finland	$46K	10%	$2K	$2K	$12K	View
40	🇯🇵Japan	$37K	0%	$1K	$1K	$12K	View
41	🇦🇹Austria	$45K	10%	$2K	$2K	$12K	View
42	🇨🇦Canada	$38K	6.1%	$2K	$1K	$12K	View
43	🇸🇪Sweden	$47K	10%	$2K	$1K	$12K	View
44	🇩🇪Germany	$45K	10%	$2K	$2K	$12K	View
45	🇦🇺Australia	$39K	5%	$2K	$1K	$12K	View
46	🇨🇭Switzerland	$39K	6.5%	$2K	$1K	$12K	View
47	🇧🇪Belgium	$45K	10%	$2K	$2K	$13K	View
48	🇳🇱Netherlands	$45K	10%	$2K	$2K	$13K	View
49	🇧🇷Brazil	$51K	35%	$3K	$990	$13K	View
50	🇮🇹Italy	$46K	10%	$2K	$2K	$13K	View
51	🇳🇴Norway	$53K	25%	$2K	$2K	$13K	View
52	🇮🇱Israel	$73K	83%	$2K	$2K	$14K	View
53	🇬🇧United Kingdom	$43K	6.5%	$3K	$2K	$14K	View
54	🇩🇰Denmark	$106K	150%	$2K	$2K	$14K	View
55	🇭🇰Hong Kong	$73K	115%	$2K	$2K	$19K	View
56	🇸🇬Singapore	$52K	41%	$3K	$2K	$23K	View