Another month of promotions at MG, and then what?

After multiplying bonuses and super bonuses, MG is putting long-term rental in the spotlight until summer.

Disaster struck on December 15, 2023, when MG found itself excluded from the French Ecological Bonus scheme. It was logical, because although the brand is historically British, it now belongs to the Chinese group SAIC, and all its models are manufactured in China. We briefly wondered if MG could recover from this sanction, but the Sino-British manufacturer quickly responded with a formidable weapon: very generous discounts!

Initially limited to 5,000 euros for all electrified models, this bonus has since continued to evolve. Until April 30, 2024, a “MG Electric Bonus” ranging from 5,000 to 10,000 euros depending on the model was applied when purchasing a selection of MG4, MG5, ZS EV, Marvel R, or EHS in stock. By then, one might ask what the next step would be? Logic suggests a period of calm following this pricing frenzy to allow time to analyze the effects of no discounts. There is also the launch of the new MG3 hybrid to consider.

Finally, the right formula?

But there is market logic and reason, and MG has therefore decided to maintain its discounts until 06/29/2024, while emphasizing a consumption mode that is gaining popularity: Long-Term Rental. MG France is offering 5 LLD (Long Lease Rental) offers on its electrified models MG4, MG5, Marvel R, MG EHS, and MG ZS EV. The offers start at €249 per month for a MG4 and go up to €429 per month for a Marvel R.

You can thus lease a brand-new MG4 Standard Model Year 2023 51 kWh with no options in Long-Term Rental over 49 months and up to 40,000 km for 49 monthly payments of €249. No down payment, no credit, no bank account hassle—an ideal formula, as we can’t stop telling you! You also benefit from a 7-year or 150,000 km warranty that fully covers your rental period. At the end, you return the car, pay for any minor body repairs, and are free to choose a new plan with MG or elsewhere. Over 4 years, you will have paid €12,201 for a car valued outright at €24,990. A 50% depreciation over 4 years is not excessive—especially for an electric car that will inevitably be outdated in 4 years.

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