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Buying
What should I be paying?
So, the ownership prospect. Here’s where the MG4 hits hard. As mentioned, residual values are predicted to be absolutely golden; more like a Porsche Taycan than a Renault Zoe. And good residuals are the cornerstone of cheap leases and agreeable finance.
The base model weighs in at £330 a month with four grand down and 10k miles a year, the SE LR £375, the Trophy around £430 and even the 429bhp XPower for around £475; and that’s from MG’s own finance portal. Shop around and you could get it even cheaper.
And yes, there are still zero per cent PCP finance offers, but only on certain models and provided your initial deposit is 30 per cent of the total loan. It does mean you can bring the monthlies down to £129…
There’s a seven-year (80,000-mile, fully transferable) warranty, and a lot of standard kit on offer, too. Although you have to pay a bit of attention to the spec sheets to make sure the model you get has everything you want on it.
The base SE model with the smaller battery comes with automatic LED headlights, adaptive cruise control, rear parking sensors, climate control, digital dials and that 10.25-inch touchscreen with Apple CarPlay and Android Auto, as well as a load of other bits and bobs like the iSmart app and a bluetooth ‘key’ for your phone. There’s even vehicle-to-device charging as standard, and you think you won’t find a use for that, but when you do…
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