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MG

MG - 4 (2023)

Discover the MG 4 price journey starting with the 2023 model that offers a fresh, dynamic experience for buyers and enthusiasts alike. The 2023 MG 4 launches into the compact SUV world with modern styling and a host of innovative features, making it a compelling choice for drivers looking for both performance and value.

In this guide we’ll walk you through the key specifications, how the MG 4 depreciation trend typically behaves, and how this model stacks up against its peers. Whether you’re curious about “what is a 2023 MG 4 worth” or searching for the best used MG 4 price, we’ve compiled concise, easy‑to‑scan information to help you make an informed decision.

  • Engine: 1.5 L Turbocharged 4‑cylinder, 155 hp
  • Transmission: 5‑speed Manual or 7‑speed Dual‑Clutch Automatic
  • Powertrain: Front‑Wheel Drive (AWD optional)
  • Fuel Type: Gasoline
  • Mileage: Approximately 30 MPG city / 38 MPG highway
  • Seating Capacity: 5 passengers
  • Dimensions: Length 4,151 mm | Width 1,769 mm | Height 1,482 mm
  • Curb Weight: Around 1,365 kg
  • Cargo Volume: 420 L (rear seats folded)
  • Key Features: 10‑inch touchscreen, Apple CarPlay/Android Auto, Adaptive Cruise Control, 360° camera system, and a 3‑Point Seat Belt for each seat
  • Safety Ratings: 5‑star Euro NCAP (when equipped with advanced driver assistance systems)

Understanding how the MG 4 depreciation trend works is essential for any prospective buyer. A new MG 4 typically loses about 15‑20 % of its value in the first year, which is on par with many entry‑level compact SUVs. After the first year, depreciation slows slightly. Over a five‑year period, you can expect the vehicle to be worth about 50‑55 % of its original price—roughly a 45‑50 % drop. This rate is largely influenced by factors such as mileage, maintenance, and market demand, especially in high‑value regions where MG vehicles have gained considerable popularity.

When you ask “what is a 2023 MG 4 worth,” it’s useful to compare it to comparable models. In the compact SUV and sedan crossover segments, the MG 4 sits competitively against rivals like the Peugeot 2008 and the Nissan Qashqai.