EV Fire Sale! Clearance of all stock MG5 electric cars.

[@Ben-gm9lo]

Thanks UDF - interesting news. For the past 3 weeks the enormous car park at the Avonmouth docks have been crammed with MG EVs. You can see them as you cross the nearby bridge on the M5. Usually vehicles here move through rapidly, but these have been here longer. I have no idea if it has anything to do with your subject, but thought I would mention it in case someone knows some more detail.

[@bill_heywood]

I saw that in August. They are easy to identify because of the Tango orange MG4s

[@deansh8506]

Yep I seen them all end of July.

[@UpsideDownFork]

Thanks for sharing!

[@barrywhite5899]

Still there over the avonmouth bridge. Can’t give them away.

[@Brian-om2hh]

MG are about to launch several new models, and are selling off older stock prior to bringing the new stuff into showrooms. These cars could be the new models waiting for space in cleared showrooms....

[@ISuperTed]

Massive discounts on the MG4 SE long range in the trade now as well. Seems like there is a general clear out being done for new and updated model launch coming soon.

[@Brian-om2hh]

Yes, a few new MG models are on the way, and MG probably want their sales successes to continue as in the past, so lots of shiny new models is one way to do it.... That new MG HS looks incredible value, starting at £25k......

[@UpsideDownFork]

Oh yes, i've just picked up on a few MG4 deals. Wow.

[@AL-ib3lu]

At 2:10 ish you show cars on offer at £19.5k and tell us they are Trophy but it clearly shows they are SE trim.

[@UpsideDownFork]

Ah! Right you are! I have had confirmed from my local dealer that they can supply a Trophy spec car at that price though.

[@geoffreycoan]

Very nice price for a lot of car. I’ve only ever once bought a brand new car because of the massive depreciation you suffer in year 1, but at that price it’s very tempting …

[@Brian-om2hh]

Leasing is the best way to avoid the depreciation trap with a new car. The golden rule with EV's is to lease new, but buy used......

[@UpsideDownFork]

Yes, good rule of thumb to lease new, but sometimes purchasing outright with savings or finance can become more advantageous. It depends on the exact deal and your exact situation.

[@sailingoctopus1]

​@@Brian-om2hh It's amusing that people who lease think they don't pay for the depreciation. Who do you think pays the depreciation then? It's all built into the price, of course.

[@BJ_MBA]

Hi thanks for the video. on the 28th August I had 5 quotes via Carwow for MG5 Trophy the lowest cash price was £20,495 including any colour of my choice the highest was the RRP. The lowest price has now been withdrawn and now they want £33,495! I heard on the MG forum video some time ago that an estate version of the MG4 was due out back end of 2024 and recently the MG4 was going to have a facelift.

[@UpsideDownFork]

Thanks for sharing!

[@carlarrowsmith]

There are selling a lot of HS and MG3, maybe they need to up their electric figures before the end of the year for the government mandate.

[@Brian-om2hh]

The new MG HS looks stunning value at £25k......cheaper than a Ford Focus...

[@UpsideDownFork]

An interesting point that hadn't crossed my mind with MG because of the bulk sales they've had of the MG4 and the ZS EV as well. I would suspect they are well above the threshold. Also, the 2 HS in our neighbourhood are the PHEV kind, so also contributing to the mandated figure.

[@robwoodphotos]

I have the original MG5 LR. I like an estate and the MG has been good and reliable. Question: would you people out there be tempted by a cheap upgrade to the facelifted MG5 or wait for the MG4?

[@UpsideDownFork]

I'm more than satisfied with the OG MG5 SR. It does what I need.

[@robwoodphotos]

@@UpsideDownFork thanks I think I feel the same. The facelift has better lights, better info system, better wheels and it looks a bit better BUT as you say the one I have is good enough. The guy who services my car says MG5 is “good at everything and brilliant at nothing” think that’s a fair summary

[@UpsideDownFork]

@@robwoodphotos That is a good conclusion!

[@bill_heywood]

Fantastic deals, that’s a lot of new car for under £20k. It does look like all those Carwow responses were for SE trim, that’s what showed on the page you shared. Be interesting to see what the best deal on a Trophy is Glad to hear MG will be releasing a smaller BEV, it is nonsense to only offer the MG3 with various forms of combustion engine

[@Brian-om2hh]

Well yes and no. Since the demise of the Ford Fiesta, there is a gap in the market for smaller ICE cars, particularly those offering strong value for money. And the Chinese car industry being as it is, they would soon adapt if sales patterns changed.....

[@UpsideDownFork]

Thanks for pointing that out. My local dealer has now confirmed they can do a trophy for the £19499.

[@karnazeee]

​@UpsideDownFork , May I know which dealer is that? I'm struggling to find one below £21k.

[@MrEV]

I got my used e-Niro for that price! I'd be very tempted by that. What a car for the money.

[@UpsideDownFork]

Agreed. Although as an all round package, the e-Niro is definitely a better car.

[@iKaGe01]

I still much prefer the look of the MG5 pre-facelift... Next year you'll be able to pick up a 61kWh for 10k. Maybe even less That price can't be real surely lol

[@stevechelt1]

That's what I am after, just out of reach for me at the moment!

[@UpsideDownFork]

Keep your eyes pealed. I'm sure you'll have a LR for sub 10K next year.

[@petersimms4982]

Battery lifetime warranty coming sooooon toooo 😊😮😊😮😊😊😊

[@UpsideDownFork]

About time. So many EVs outperform their projections in the real world. Only those who rely heavily on DC charging will see proper degradation.

[@paulday8676]

At £12,316 is that as the first registered keeper?

[@UpsideDownFork]

It would have been, if the price was not a mistake!

[@_Dougaldog]

MG4 prices have dropped locally since I bought my car, such is life :-)

[@UpsideDownFork]

Indeed. Enjoy the comfort and savings you've enjoyed thus far and forget the depreciation.

[@karnazeee]

£19.5k is only for the SE edition. Trophy is £21.5k.

[@UpsideDownFork]

Shop around. You will find a dealer that will do the trophy for under £20k.

[@karnazeee]

​@@UpsideDownFork, Do you know any dealer offers trophy below £20k?

[@hieronymusjacabusprincepso5060]

All UK/US/German EV cars are worth 1/4 of listed price. Go BYD.

[@Brian-om2hh]

And the proof of this can be found where exactly? And how much do you think it costs BYD to build a car?

[@UpsideDownFork]

I don't follow that logic.

[@_Dougaldog]

Arnold C MG have some very good deals on at the moment on 74 Reg.

[@UpsideDownFork]

I expect some of the cars that were on offer will become pre-reg cars. I've also heard some dealers are offering their showroom cars at the same discounted rates.

[@SolAce-nw2hf]

Don't get the long range MG5 . It has a Nickel Manganese Cobalt battery (NMC). Get the standard range which you can charge to 100% and is much safer in the conditions an EV has to endure. LFP is so much better.

[@_Dougaldog]

Recent reports suggest that continually charging LFP to 100% especially in warmer climates will cause some degradation. But it is recommended to charge to 100% frequently using LFP technology. This is primarily to allow more accurate range reporting as there is less potential difference in a charged/discharged LFP battery as compared the the NMC Lithium batteries (higher potential difference allows more accurate range reporting with less calibration). If my NMC drops to 85% capacity after 1000 full charge/discharge cycles (equivalent of 329,000 miles on 77kWh Extended Range) I'd live with that. At 85% my range would still be 280 miles... From a practical point of view with NMC, charge to 80%, if you're travelling any distance soon after charging then 100% is fine. Don't leave NMC battery sitting fully charged or with low charge for prolonged periods.

[@SolAce-nw2hf]

@@_Dougaldog ​​⁠Don't charge LFP to 100% if you know you are not going to use it. A weekly 100% charge before a trip is fine for BMS zcalibration and charge speed is also better up to 80%. It's not going to degrade as much as NMC, but if your daily commute is 50 miles there is no point in topping up for a 300 mile range.

[@_Dougaldog]

@@SolAce-nw2hf Agreed, the point I was attempting to highlight is that there is no specific reason to avoid NMC. Perhaps if I had full charging, Solar PV setup at home there would be some attraction to LFP as in more charge cycles. Could then be a convenient house storage battery when plugged in. I have no possibility of home charging, so higher capacity means less trips for me to moderately priced fast charger, or modestly priced Tesla rapid chargers :-)

[@SolAce-nw2hf]

@@_Dougaldog NMC is yesterday's chemistry. The little extra range you get can not be used if you want it to last and the Cobalt inside is really not great in case something does go wrong. Also the chances of thermal runaway are much higher than with LFP. So if you have a choice, get an LFP model. I have solar panels on my home, but also no way to (legally) charge an EV. I guess I'm stuck with public charging. But I would rather have 20% more charging trips than spend any money on something more dangerous and less likely to last.

[@dorsetengineering]

Good luck finding an LFP MG5 here in the UK…

[@decimal1815]

Looking forward to smaller MG3 EV.. didn't realise that was on the cards

[@UpsideDownFork]

Me too!

[@Sean_S1000]

Looks like next year might be the year to get a second hand ev for me 😅

[@Brian-om2hh]

Plenty around now. I saw someone get a 2016 Renault Zoe with 35k miles on it for £4400. As clean as they come it was... Ideal commuter car..... Get the right home EV tariff and a home charger, and you've got 2p per mile motoring....and the convenience of being able to "top up" at home for an 8th of the cost of using petrol...

[@Sean_S1000]

@@Brian-om2hh I was tempted but i wanted to get a least a 40 kWh battery and I need a car a bit bigger due to a full size pram and 2 car seats

[@Brian-om2hh]

@@Sean_S1000 Ah right, fair enough.... A decent used MG4 could fit the bill.....

[@Sean_S1000]

@@Brian-om2hh yeah was thinking that a mg5, kiro eniro or zs depends on what's best value at the time :)

[@UpsideDownFork]

You will have your pick of the crop i'm sure next year.

[@philipshore6924]

MG just topped the What Car charts, for unreliability.

[@UpsideDownFork]

MG5 was the fourth most reliable EV according to Whatcar. Not that I put much value at all in their surveys. www.whatcar.com/news/reliability-survey-most-reliable-electric-cars/n26158

[@ComeJesusChrist]

A new estate model is not the reason for the 40% discount dealers are flocking their stock at. Private buyers, people putting their own money or taking out their own hideous lease deals don’t want EVs anymore. Company car buyers and fleets that the government is pushing into choosing EVs by penalising ICE cars will not choose an MG. EVs are an inconvenience. Without having your home charging, you are exposed to silly prices of around 60-80p per kWh. Poorer people who want a budget EV want cheap charging and don’t always own their own house or have a front drive. They don’t want to lose five figure sums in a year in depreciation. They don’t wan5 to spend half their free time at retail parks and charging stations, sipping overpriced coffee to do the same they used to quickly do on their way somewhere. It’s just flocking a dead horse.

[@UpsideDownFork]

I disagree.

[@ComeJesusChrist]

@@UpsideDownFork I know,that’s why I posted my comment to your video.

[@authuruksake969]

MG5, ZS & even MG4 are under £20k new, ZS Trophy is say £21k which does have a nice sunroof & stuff MG5 & ZS's seem to the go to choice for Uber EV's, with 3 year old models racking up near 100k miles on Auto Trader Earlier ZS & 5's pre-July '22 didn't have the annoying Driver Assist enabled each time, but a number of these cars had a few technical issues Later models & MG4's had enabled DA which like the app have some issues The recent price drop models, like all July '24 vehicles now have EU Speed Limiter software enabled So as tempting as some of these offers are, I think I'm going to pass & keep my older s/hand EV a bit longer & see what the next 6-12 months brings

[@UpsideDownFork]

Wise choice.

[@barrywhite5899]

That’s all we need, more of these things being driven at 40 in a 30 and 40 in a 50 causing havoc. The owners are mental the same as Juke , Renault and Qashqais owners.

[@UpsideDownFork]

Who's driving at 40 in a 30? Thank you for your insults.

[@barrywhite5899]

@@UpsideDownFork driven by old people who speed in a 30 and drive too slow in a 50. Then beep and wave if you over take them. Thanks for your input.

[@UpsideDownFork]

@@barrywhite5899 I'm 38. Guess I'm not the normal demographic for the MG5?😂

[@UpsideDownFork]

@@barrywhite5899 haha! 😂 You're definitely spying on me!

[@SteveForth]

Gutted I bought my mg5 last year and It has deprecated so much. Great for those that want to get into an mg5 however

[@UpsideDownFork]

Sorry to hear that. Try and not let the depreciation tarnish your ownership experience.

[@Brian-om2hh]

Leasing would have given you protection from depreciation. The leasing company then has the depreciation to cope with, not you.....

[@WeAreAllDoomed-n5i]

How much more is the value going to drop after buying? When finished, throw in the skip!

[@UpsideDownFork]

But you'll get a solid 10 years of worry free and super cheap motoring!

[@WeAreAllDoomed-n5i]

@@UpsideDownFork Worry free? Wondering and hoping it doesn't set itself on fire? Range anxiety? add to that the GrandSolarMinimum! Nothing to worry about?

[@UpsideDownFork]

@@WeAreAllDoomed-n5i don't believe the FUD. Petrol cars are 9 times more likely to combust. No range anxiety when you have 250 miles on a full charge and the average daily car travel on the UK is 20 miles. Stick to facts 👍

[@WeAreAllDoomed-n5i]

@@UpsideDownFork Tell that to Ford, Mercedes and VW! Seems they don't agree with you!

[@UpsideDownFork]

@@WeAreAllDoomed-n5i Previous employee of Mercedes Benz here. None of those companies have disclosed any worries about fire or range.

[@mentality-monster]

Seems to be gone already...

[@UpsideDownFork]

Doesn't surprise me with deals like this.

[@johnbrown3471]

Se not Trophy.

[@UpsideDownFork]

Thanks for picking up on my error. I have had confirmation from my local dealer that they can do a Trophy for the same price.

[@karnazeee]

Please let me know the dealer details please. I unable to get any dealers below £21k​@UpsideDownFork

[@UpsideDownFork]

@@karnazeee This was 2 weeks ago. These deals change from day to day.

[@Batucadax]

Ev and fire shouldn't come together in one sentence. Just saying

[@UpsideDownFork]

Ooops. Freudian slip!

[@hugothompson3709]

ICE cars catch fire way more than EVs 'Australia’s Department of Defence funded EV FireSafe to look into the question. It found there was a 0.0012% chance of a passenger electric vehicle battery catching fire, compared with a 0.1% chance for internal combustion engine cars. (The Home Office said it was unable to provide data for the UK.)'

[@TheDaveRout]

Wouldn’t touch an MG, made in china. Not worth the risk

[@_Dougaldog]

BMW iX3 is also 'made in China' before exporting to Europe, is it worth the risk ? Good enough for Tesla to set up new manufacturing plants in China, are they worth the risk ?

[@UpsideDownFork]

MG, made by SAIC...same company that makes VW group cars, including Audi, for 40 years. Tesla model Y built in China is widely regarded as better built and more reliable than the US built counterpart. Thanks for the comment, typed on a chinese made, phone, tablet, PC or TV no doubt...

[@Brian-om2hh]

But presumably you're fine with a car that relies on the Middle East for it's fuel, where they still chop people's heads and hands off?

[@alexanderlloyd9487]

Fuck me I was nearly sick trying to watch this blog , jumping around all over the place, will never click on this again p.s. must be on speed or something only got a minute in

[@UpsideDownFork]

Thanks for the positive feedback.