MG The 2022 model has confirmed the car price increase of the year, as its dealers have exhausted last year’s stock.
After announcing a price increase in February for the rest of the MY21 stock, it has now raised prices again for the MY22 car.
MG 3, ZS, ZST and HS have all gone up in price, with most vehicles going up from $ 500 to $ 1000.
This follows the February increase, which saw the MG 3, ZS and most ZST models rise in price by $ 500 and the HS Plus EV Essence by $ 1000.
While most HS for MY22 are priced at $ 1000, the flagship Plus EV Essence is priced at $ 1700.
Previously, it was available with a range of Clipper Blue Paint or other shades for an additional $ 700. As the color fades away, it is now practically mandatory for premium paints.
For the same reason, its more affordable Exit counterpart has risen $ 700 since its launch earlier this year.
HS otherwise unchanged for 2022 model year. MG says a no-cost paint alternative could return to its mid-sized plug-in hybrid range in the future.
The specifications of all other MG models remain unchanged, although the price of the updated ZS EV was not adjusted before the July launch.
MG cited “unprecedented cost increases in the supply of raw materials and transportation” as the reason for the steady rise in prices.
The company is not alone in raising its prices in Australia. Most brands have announced price increases for 2022 due to shortage of parts, shipping challenges and tight supply.
MG has benefited from strong supply, helping to make it to the top 10 in 2021, but all good things must come to an end.
The supply chain headaches for the COVID-19 lockdown brand in China, which is owned by Chinese giant SAIC Motor; All Australian-market MG originates from China.
It warned that the arrival date of some vehicles may be delayed, however, saying that its supply is improving and 7000 vehicles will arrive in July.
Based on sales figures, this number of cars is about seven weeks’ demand.
This 7000-car consignment includes a mix of MG cars, including some updated 2023 MG ZS EVs.
2022 Drive-away price changes are given in full below:
- MG 3 Core: 18,990 (+ $ 500)
- MG 3 Core with Nav: 19,490 (+ $ 500)
- MG 3 Excite: 20,490 (+ $ 500)
Earlier in February the price was increased by 500 across the MG3 range.
- MG ZS Core: $ 22,990 (+ $ 500)
This increase follows a বৃদ্ধি 500 price increase in February.
MG ZS EV
- MG ZS EV Excite: $ 46,990
- MG ZS EV Essence: 49,990
Prices for the upcoming ZS EV update, MG’s only electric car in Australia so far, remain unchanged.
- MG ZST Core: $ 25,990 (+ $ 500)
- MG ZST Vibe: 27,990 (+ $ 500)
- MG ZST Excite: $ 30,990 (+ $ 500)
- MG ZST Essence: 33,990 (+ $ 500)
All bar cores increased in value to $ 500 earlier this year.
- MG HS Core: $ 30,990 (+ $ 1000)
- MG HS Vibe: 31,990 (+ $ 1000)
- MG HS Excite: $ 35,990 (+ $ 1000)
- MG HS Excite X: $ 38,990 (+ $ 1000)
- MG HS Essence: 39,990 (+ $ 1000)
- MG HS Essence Anfield: 41,690 (+ $ 1000)
- MG HS Essence X: $ 43,990 (+ $ 1000)
- MG HS Plus EV Excite: 47,690 (+ $ 700)
- MG HS Plus EV Essence: 50,690 (+ $ 1700)
Excluding the Plus EV Essence, HS was exempted from price increases earlier this year.
With the removal of the only no-cost paint option on the Plus EV model, buyers will have to choose between the $ 700 paint option for the MG, which further increases the base price for its plug-in hybrids.
More: Everything MG 3 • ZS • ZST • HS