Mg 5
177 hp all-electric, popular European EV sedan. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.
Base Price
$25K
USD MSRP
Cheapest Country
🇻🇪 Venezuela
$5K/yr
Most Expensive
🇸🇬 Singapore
$21K/yr
5-Year TCO (US)
$73K
Total cost of ownership
Countries Tracked
50
Full cost breakdown
Years Available
1
Model years tracked
Fuel Efficiency
~6L / 100km
At 15,000 km/yr, approx. 900 litres annually
3-Year Depreciation
38% loss
Loses ~$9,500 from $25,000 base in 3 years
Annual Maintenance
$900
Typical for Economy segment in developed markets
Segment
Economy
Competes in the Economy segment globally
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 5 is a Economy-segment vehicle with a base price of $25,000 USD. 177 hp all-electric, popular European EV sedan. Across 50 countries, annual ownership costs range from $5K in Venezuela to $21K in Singapore — a 295% difference driven by import duties, fuel prices, insurance markets, and local taxation.
Annual Cost Snapshot (US)
Mg 5 — Annual Cost by Country
Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.
How Fast Does the 5 Lose Value?
Starting at $25,000, the Mg 5 retains 51% of its value after 5 years — losing $12,250 in total.
Market Value Over 5 Years
What Makes Up the Annual Cost?
Annual ownership cost in the United States: $9,426. Depreciation is the largest single cost at 53% of total annual spend.
Where Is the 5 Cheapest & Most Expensive?
Mg 5 — Annual Cost by Country
Based on 2024 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.
| # | Country | Purchase Price | Annual Total | Details |
|---|---|---|---|---|
| 1 | 🇻🇪Venezuela | $35K | $5K | View |
| 2 | 🇮🇷Iran | $52K | $5K | View |
| 3 | 🇧🇩Bangladesh | $72K | $6K | View |
| 4 | 🇳🇬Nigeria | $36K | $7K | View |
| 5 | 🇪🇬Egypt | $40K | $7K | View |
| 6 | 🇷🇺Russia | $35K | $7K | View |
| 7 | 🇺🇦Ukraine | $33K | $7K | View |
| 8 | 🇵🇪Peru | $32K | $7K | View |
| 9 | 🇶🇦Qatar | $26K | $7K | View |
| 10 | 🇵🇰Pakistan | $44K | $7K | View |
| 11 | 🇮🇳India | $64K | $7K | View |
| 12 | 🇬🇭Ghana | $35K | $7K | View |
| 13 | 🇸🇦Saudi Arabia | $30K | $7K | View |
| 14 | 🇮🇩Indonesia | $39K | $8K | View |
| 15 | 🇵🇭Philippines | $36K | $8K | View |
| 16 | 🇲🇾Malaysia | $34K | $8K | View |
| 17 | 🇰🇪Kenya | $36K | $8K | View |
| 18 | 🇦🇪UAE | $28K | $8K | View |
| 19 | 🇹🇭Thailand | $48K | $8K | View |
| 20 | 🇻🇳Vietnam | $47K | $8K | View |
| 21 | 🇨🇴Colombia | $40K | $8K | View |
| 22 | 🇲🇽Mexico | $35K | $8K | View |
| 23 | 🇦🇷Argentina | $41K | $8K | View |
| 24 | 🇷🇴Romania | $33K | $8K | View |
| 25 | 🇭🇺Hungary | $35K | $8K | View |
| 26 | 🇨🇱Chile | $32K | $8K | View |
| 27 | 🇨🇿Czech Republic | $33K | $9K | View |
| 28 | 🇵🇱Poland | $34K | $9K | View |
| 29 | 🇨🇳China | $32K | $9K | View |
| 30 | 🇿🇦South Africa | $36K | $9K | View |
| 31 | 🇰🇷South Korea | $30K | $9K | View |
| 32 | 🇺🇸United States | $26K | $9K | View |
| 33 | 🇵🇹Portugal | $34K | $10K | View |
| 34 | 🇬🇷Greece | $34K | $10K | View |
| 35 | 🇪🇸Spain | $33K | $10K | View |
| 36 | 🇳🇿New Zealand | $30K | $10K | View |
| 37 | 🇹🇷Turkey | $54K | $10K | View |
| 38 | 🇫🇷France | $33K | $10K | View |
| 39 | 🇫🇮Finland | $34K | $10K | View |
| 40 | 🇯🇵Japan | $28K | $10K | View |
| 41 | 🇦🇹Austria | $33K | $10K | View |
| 42 | 🇨🇦Canada | $28K | $10K | View |
| 43 | 🇸🇪Sweden | $34K | $10K | View |
| 44 | 🇩🇪Germany | $33K | $10K | View |
| 45 | 🇦🇺Australia | $29K | $11K | View |
| 46 | 🇨🇭Switzerland | $29K | $11K | View |
| 47 | 🇧🇪Belgium | $33K | $11K | View |
| 48 | 🇳🇱Netherlands | $33K | $11K | View |
| 49 | 🇧🇷Brazil | $38K | $12K | View |
| 50 | 🇮🇹Italy | $34K | $12K | View |
| 51 | 🇳🇴Norway | $39K | $12K | View |
| 52 | 🇮🇱Israel | $54K | $12K | View |
| 53 | 🇬🇧United Kingdom | $32K | $12K | View |
| 54 | 🇩🇰Denmark | $78K | $12K | View |
| 55 | 🇭🇰Hong Kong | $54K | $17K | View |
| 56 | 🇸🇬Singapore | $38K | $21K | View |
Mg 5 — All Model Years
Select a year to see full cost breakdown in any country.
Mg 5 Cost in Your Country
Click any country for a full cost breakdown with import duties, insurance, fuel, and 5-year TCO.
United States
$9K/yr
United Kingdom
$12K/yr
Germany
$10K/yr
France
$10K/yr
Japan
$10K/yr
Australia
$11K/yr
Canada
$10K/yr
Norway
$12K/yr
Sweden
$10K/yr
Netherlands
$11K/yr
Denmark
$12K/yr
Switzerland
$11K/yr
Italy
$12K/yr
Spain
$10K/yr
Portugal
$10K/yr
Belgium
$11K/yr
Showing 16 of 50 countries. See all 50 countries ↑
Other Mg Models
Compare the 5 against other Mg models by price and annual cost.
MG5
2024 · Economy
Base Price
$25K
US Annual Cost
$9K
177 hp all-electric
HS
2024 · Economy
Base Price
$25K
US Annual Cost
$9K
162 hp turbocharged inline-4
ZS
2025 · Economy
Base Price
$24K
US Annual Cost
$9K
162 hp turbocharged inline-4, popular budget SUV
ZS EV
2024 · Economy
Base Price
$28K
US Annual Cost
$10K
174 hp all-electric
MG6 Pro
2024 · Mid-Range
Base Price
$28K
US Annual Cost
$12K
258 hp turbocharged inline-4
MGA
1962 · Classic
Base Price
$30K
US Annual Cost
$8K
80 hp inline-4
Mg 5 vs. Economy Rivals
Similar-priced Economy models from other manufacturers.