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MG - 5 (2023)
Looking for a quick snapshot of what the MG 5 offers in 2023 and how its value stands today? With a sleek design that blends sporty flair and practical comfort, the 2023 MG 5 has been a headline in the compact sedan segment. Whether you’re in the market for a new ride or contemplating a used purchase, the MG 5 price and its depreciation curve are key points to understand.
Key Specs at a Glance
- Engine: 1.5‑liter turbocharged inline‑4 (up to 141 hp)
- Transmission: 6‑speed manual or 7‑speed dual‑clutch automatic (DSG)
- Fuel Type: Petrol with an optional mild‑hybrid variant
- Drive: Front‑wheel‑drive (FWD) by default, all‑wheel‑drive (AWD) optional
- Dimensions: Length: 4,600 mm; Width: 1,810 mm; Height: 1,470 mm; Wheelbase: 2,700 mm
- Interior: 3‑row seating layout (5‑seat base) with 10‑inch touchscreen, Apple CarPlay, Android Auto, and multi‑zone climate control
- Safety: 8 airbags, ESC, blind‑spot monitoring, front‑collision warning, and semi‑autonomous hands‑free drive (optional)
- Dimensions: Boot capacity: 450 L (remote when rear seats folded)
Depreciation Insight
When evaluating a MG 5 depreciation curve, it’s helpful to compare it to similar segment vehicles. Typically, the 2023 MG 5 will lose about 15–20% of its value within the first year—mirroring the experience of new compact sedans that emphasize performance and affordability. By the end of the second year, you can expect it to be around 30% below its original price, depending on mileage, condition, and market demand.
Owners who maintain clear service records and avoid high mileage excursions can preserve a larger portion of the vehicle’s value. Because the MG 5 is a newer model compared to longstanding rivals (think Toyota Corolla or Honda Civic), its standing in the resale market is still maturing, which can lead to slightly steeper depreciation in niche regions.
Comparison Context
“Compared to similar models,” the 2023 MG 5 stands out for its balance of power and efficiency. Its 1.5‑liter turbo is competitively matched by the Honda Civic’s 1.5‑liter turbo but with a slightly lower torque figure, which affords a more linear yet spirited drive. In contrast to the Toyota Corolla, the MG 5 places ash more emphasis on advanced infotainment and driver-assist technologies without significantly raising the front‑end price point.
What is a 2023 MG 5 worth? Market reports suggest that region and condition significantly influence the vehicle’s resale value. In UK markets, comparable tech‑highlighted sedans often see used MG 5 price ranges that start around 5,000 pounds out of the gate and climb with mileage decreases and added options.
Market Position
The MG 5 has quickly become popular in the midsize sedan segment, especially among drivers who value a modern design profile and a turbocharged engine. Its competitive positioning is also seen in the growing segment of the “startup car”—those connecting automotive enthusiasm with a younger, tech‑savvy demographic. While it may not yet rival luxury interiors in terms of premium branding, its value proposition offers a compelling alternative for buyers focusing on performance, connectivity, and versatility.
Call to Action
If you’re ready to explore how the 2023 MG 5 price holds up for both new and used models, dive deeper into our pricing database. Whether you’re carving out your first sedan or upgrading your current rig, a clear, data‑backed look at the MG 5’s inputs and depreciation profile can help you make an informed decision.
Start your lookup now and discover the best MG 5 price offers tailored to your needs.
Last 20 car trackeds
| Last tracked date | Status | Price | Price rank | Link |
|---|---|---|---|---|
| 2 years ago | used | €37,990.00 | Unlock all links | |
| 2 years ago | used | €30,200.00 | Unlock all links | |
| 2 years ago | used | €30,200.00 | Unlock all links | |
| 2 years ago | used | €38,280.00 | Unlock all links | |
| 2 years ago | used | €30,200.00 | Unlock all links | |
| 2 years ago | used | €38,280.00 | Unlock all links | |
| 2 years ago | used | €30,200.00 | Unlock all links | |
| 2 years ago | used | €38,980.00 | Unlock all links | |
| 2 years ago | used | €38,980.00 | Unlock all links | |
| 2 years ago | used | €38,980.00 | Unlock all links |