MG 4

Electric

Hatchback

Trim

List price: £29,995
Battery: 64 kWh
Efficiency: 3.6 mi/kWh
CO₂: 0 g/km
Insurance group: 28

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Start a comparison with the MG 4 already picked.

Compare ways to pay Against other cars New vs used

Typical cost by finance method

Illustrative only: uses placeholder quotes and default assumptions. Use the comparison wizard to put in your own numbers.

Cash

£5,775 per year

£481 a month · £28,875 over 5 years

Cost	Per month
Vehicle	£325
Energy / fuel	£41
Tax (VED)	£13
Insurance	£65
Breakdown cover	£5
Maintenance	£32
Total per month	£481
One-off / capital	£29,995
Total over 5 years	£28,875

Bought at 0y old for £29995
Sold after 5y for £10498

PCP

£7,354 per year

£502 a month · £22,062 over 3 years

Cost	Per month
Vehicle	£350
Energy / fuel	£41
Tax (VED)	£11
Insurance	£65
Breakdown cover	£5
Maintenance	£30
Total per month	£502
One-off / capital	£4,000
Total over 3 years	£22,062

PCP 36m @ £350/mo, £4000 deposit, £18000 GFV
If you keep the car: add £18000 balloon to TCO
Implied depreciation over hold: £16197
Warning: annual mileage 10000 exceeds PCP cap 8000

Lease (PCH)

£6,321 per year

£472 a month · £18,962 over 3 years

Cost	Per month
Vehicle	£320
Energy / fuel	£41
Tax (VED)	£11
Insurance	£65
Breakdown cover	£5
Maintenance	£30
Total per month	£472
One-off / capital	£1,980
Total over 3 years	£18,962

Lease 36m @ £320/mo, £1500 deposit
Excess mileage: 6000 mi × 8p = £480

Hire purchase

£4,976 per year

£656 a month · £24,880 over 5 years

Cost	Per month
Vehicle	£500
Energy / fuel	£41
Tax (VED)	£13
Insurance	£65
Breakdown cover	£5
Maintenance	£32
Total per month	£656
One-off / capital	£2,000
Total over 5 years	£24,880

HP 48m @ £500/mo, £2000 deposit
You own the car at the end; residual £10498 offsets cost

Salary sacrifice

£5,029 per year

£419 a month · £15,086 over 3 years

Cost	Per month
Vehicle	£378
Energy / fuel	£41
Tax (VED)	—
Insurance	—
Breakdown cover	—
Maintenance	—
BIK tax	£30
Total per month	£419
Total over 3 years	£15,086

Gross sacrifice £600/mo over 36m
BIK 3% on £29995 → £30/mo tax
Net cost £378/mo (incl BIK)
Tax/maintenance/insurance assumed bundled in sal-sac scheme