MG further improves its 0% Credit

A loan can quickly increase the total cost of a purchase, so when MG offers 0% financing, we love it.

The Sino-British manufacturer MG announced an attractive early 2025, and it is keeping its promises. After launching the MGS5 EV starting at 32,490 euros, MG is enhancing the attractiveness of its 0% financing offer introduced last year.

With a 0% loan, you spread the payment for your vehicle over several months without paying a single cent in interest. Unlike a traditional loan, where you repay both the principal and interest (sometimes over several years), here, every borrowed euro is returned, nothing more, nothing less.

Let’s take a simple example: a €100 loan over 48 months at 5% will not cost you €105, but about €110, because interest is recalculated each year on the remaining principal. For a car priced at €20,000, this could represent a final bill of over €22,000 with a traditional loan. The 0% loan avoids this invisible but very real inflation. And the longer the duration of the loan, the more pronounced this difference becomes.

MG strengthens its financing offer

The current MG offer pertains to its two most popular models: the compact MG4 100% electric and the new MG3 Hybrid+. Until now, the offer only covered part of the vehicle’s price, which limited its reach. Now, MG is expanding its application.

For the MG3 Hybrid+, the financing cap remains fixed at €12,000 for the base model offered at €19,990, but the duration extends from 24 to 36 months. For the MG4, it’s much more interesting because the cap rises to €24,990, which is exactly the price of the base version, excluding any potential trade-in offer. Specifically, you can finance the entire entry-level model with no interest at all. All of this over 60 months, which corresponds to a large part of the vehicle’s lifespan. The result: a fixed monthly payment of €416.50 for a car with a bold design, well-equipped, and covered by a warranty throughout the financing period. This should reassure the most cautious buyers.

Loan or lease: two different logics

But why choose this loan instead of a lease? It’s a matter of strategy. With a loan, at the end of the repayments, the vehicle belongs to you. This is not the case with a Lease with Purchase Option (LOA) or a Long-Term Lease (LLD), where the return of the vehicle is planned. Monthly payments may seem lighter in LLD, but they do not build any asset. Therefore, comparing the two types of monthly payments doesn’t really make sense: they represent two totally different approaches.

If you plan to keep your car for several years or sell it afterward, the 0% loan is clearly advantageous. Especially compared to a traditional bank loan, which, in addition to interest rates, often imposes application fees. However, if you enjoy changing models regularly, a long-term lease remains more flexible and without long-term commitment.

That said, committing to five years is never trivial, especially for a model like the MG4, which will soon be replaced. Beyond simply projecting yourself behind the wheel for five years, you need to be sure of your needs, your budget, and your lifestyle. But if you’re ready to take the plunge, MG’s offer is one of the best available right now. It allows you to access a modern, reliable, and well-equipped car, with no hidden fees or unpleasant surprises.

Before signing, don’t hesitate to test drive the vehicle, compare configurations, and consult with an advisor. And above all, to stay informed about the best opportunities on the market, make sure to regularly check Mobiwisy, a smart habit for smarter driving.

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