MG Australia slashes drive-away prices for MG3, ZS & HS models

MG Australia has announced price reductions for the soon-to-be-replaced MG3, ZS, ZST, HS and HS Plus EV models, which apply to vehicles ordered from 1 April 2024.

The reductions applied to most petrol and hybrid MG vehicles follows the shift to national drive-away prices for the all-electric MG4 and ZS EV in late March, which resulted in savings as high as $10,000 in some states.

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An all-new version of the MG3 has been unveiled ahead of its mid-year arrival in Australia.

The Chinese brand has confirmed that “due to advancements in technology, safety and specification”, the new MG3 will not be priced from under $20,000.

Instead, the new MG3 will start from around $24,990 drive-away, with petrol or hybrid options.

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The MG HS is between $3000 and $6000 more affordable – with all variants now available below $40,000 drive-away – while both versions of the plug-in hybrid MG HS Plus EV have fallen $5300.

New-generation versions of the ZS and HS have been uncovered in leaked design patents, with both models expected to arrive in Australia within the next 12 months.

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It is due to receive a safety upgrade later this year with higher prices following a poor zero-star ANCAP test result.

“MG is putting customers first by ensuring everyone can access a wide range of affordable vehicles thanks to reduced nationwide drive-away pricing on our most popular models. Whenever we can pass price reductions like this onto our customers, we will make sure we do,” said MG Australia CEO Peter Ciao.

“In a market where customers are becoming increasingly aware of their finances, providing transparency on the final cost customers will pay for purchasing and servicing a new vehicle is very important; that's why MG has