The MG HS PLUS EV has entered runout with the Excite model now on sale for $34,990 driveaway (save approx $11,000 and over 20%). The Essence model is also on sale for $37,990 with similar savings.
These as plug-in hybrid models with a fairly small electric range of 63km, but good fuel economy of just 1.7L/100km. Performance of 119kW, 250Nm and 0-100km/h in 6.9s.
You can search MG price history here at The Beep.
Mostly true, some hybrids are moving to the model of having a small ice generator to charge the battery, so always runs on electric. E.g byd shark, maybe sea lion too.
@rooster7777: The byd sealion 6 does this, although in some limited modes the ice engine will also power the front wheels. [1]
Anyway, I'm not sure that qualifies as validating my original statement.
The original point by @King Tightarse stands, there are more bits to break, just slightly less "more" bits in a different configuration.
[1] https://www.byd.com/au/byd-super-dm-plug-in-hybrid-technolog…
@gunslinger: yeas….. You're right, I was wrong….. that the BYD hybrid does have battery charging from the engine…. though that 1.5L turbo engine doesn't seem to be designed for maximum efficiency electricity production, with its 72/96KW engines delivering peak power at around 6K RPM.
Rather than a small engine designed for peak efficiency within a narrowish low rpm, to drive a generator…. the electricity generation role of these engines looks very much like a secondary design consideration.
@TEER3X
This thread is littered with confident but unfortunately completely uninformed comments from this poster.
The comment above is an example of the "robust" stupidity.
These Chinese cars may not screw up Toyota's sale too much, but they definitely affect all other car brands market share.
Not yet, but just looking at previous generations of Chery/MG in Australia you can see they are rapidly improving. At this rate they might challenge Toyota sometime in the future (like Hyundai/Kia have done). With Toyota wanting $75k for 70 series Landcruiser Workmate Ute and at the $75k base spec it doesn't even come with USB charging ports (you have to upgrade to the GX model for an extra $4k to get USB ports) plus onroad costs, some extra competition would benefit consumers.
Specs showing 189kW/370Nm when I look.
I think most EV's this size are doing around 14-17kwh/100kms so shouldn't a 16.6kwh battery get at least 80km range ?
3.8km/kWh NEDC - it's tall & heavy .
OK for a lot of people who mostly do less than the 63km in a day?
That is from just the 90kW electric motor, which I guess is enough for city driving?
How do the calculate 1.7l/100km combined? Must be making some big assumptions.
How do the calculate 1.7l/100km combined? Must be making some big assumptions
Possibly when the battery is charged AND under ideal conditions, because the vehicle will still use petrol in those circumstances.
More misinformation…. how many incorrect comments in this post so far??
When the battery has significant charge, the car will NOT use petrol in ideal conditions, unless you go faster than the 90KW electric motor can deal with.
The HS Plus EV Essence runs on electricity until the battery is nearly empty, then it will switch to the combustion engine. Unlike a normal hybrid electric vehicle, you are able to recharge the vehicle battery by plugging it into a power source.
source: google- sydney city MG.
Is there any point at which you'll stop the flood of bollocks? Are you on a mission of deliberate misinformation, or are you simply working with sub par intelligence?
All these comments make it sound like a car is an asset. I've been always told it's a depreciating item. You buy it you use it. If you get the most out of it and it does you justice so what if you paid more at the time for it?
People's perceptions got skewed by Covid car prices.
It's different for BMWs okay?
There are different rates of depreciation though.
5 or 10 years later, would you rather have the car that has dropped 90% of its value, or 50% etc.
…then again, Chinese cars are so cheap it doesn't even matter anymore / game changer. Literally disposable.
Yet, they're meant to be environmentally friendly.
At least it's fairly quick for a cheap SUV. Most cars that size are anaemic.
Planning on doing an italian job… or just in a hurry to the next stoplight?
Looking at the MG:"You're only supposed to blow the bloody doors off!"
Or the driver has a pulse and don’t want to put around?
Yep… it's essential for your ego to have a car faster than commonly available say… 10, 15…or 20 years ago? That you will drive hard down the local street with a what.. 50KPH? 60KPH speed limit?
Try shutting your eyes and counting to 3…. then ponder how important to your life 3 seconds of time is.
If it's not your ego driving you, then drop and do a couple of pushups, or ride 1 km on a push bike, or run 20 metres a day.
If you have a strong drive for vehicle sports, go on track days…. if you haven't already got anything that can go fast enough to excite you, buy a used postie bike and try for your fastest lap time on that.
@Spets: "Everyone around me is always driving in such a hurry!"
Says the person clueless that everyone's trying to get around them 😂
@Spets: Well…it would be, if I did block the right lane.
If I want to go fast on a nice winding road, I ride an old ducati.
If I want to go fast on a nice winding road in a car, I drive an old MX5
If I want to go round australia fast, I drive a toyota coaster motorhome….that way I save time sleeping in it, and always give semis lots of opportunities to pass if they are going faster than me.
If I want to go fast on the bike track, I ride my old malvern star bike (the 2009 Rudd bonus one with 12 gears, not 3)
If I want to go fast round the block, I run…. unfortunately not very quickly.
I can understand the desire to go fast in machinery…. my point is that if the only way you have to do it is in a lumbering PHEV, and you're scrutinising the specs to see it can rocket you off the line… I reckon you've got a problem.
Where do you go fast, and do you use your family car to do the job?
Is it the MY22 model (from brief look at the fine print)? I went to the showroom and looked at the only available stock a few weeks ago. The sales just couldn't explain anything except telling me it s a bargain ($40k at that time) . And looking the inside, sorry to say but it looks like it's made cheaply (probably explain the price). 10 years warranty is long tho if that's what you are looking for.
These prices, MG can't be making a profit on this… Right?
In 2040 when they have cleared the opposition
Subsidies…
For sure they are.
I have this car, had it for a year.. its great!
We tried many more expensive cars like ix1 and ix3 and they had slight advantages .. and other disadvantages.
This car is fast quiet cheap and FBT free on a novated lease.
Total win ..
Can you explain the benefit of a novated lease instead of a cash purchase for e.g. someone on a 100k salary?
You can run your own numbers but the benefit is supposed to be paying in pre-tax dollars, without the associated fringe benefits tax.
Of course the numbers your lease provider uses can erode much or all of that benefit, and it often means you are tied to your current employer for the duration with financial consequences for leaving.
It can be more attractive to some than buying new on finance, but if you're comparing it to buying used in cash then yeah, not so much of a benefit.
Thanks for the explanation.
Cash is king. If you can afford it best to pay straight up.
Not necessarily true if you can novated lease. With the current law, a novated lease on a EV/PHEV is tax free.
I ran the numbers, and am better off with the cash in the offset or high interest bank account.
@dkausa: Yeah you are right. If you have ways to invest it and get higher returns. I prefer no debts if possible. To me if i cant purchase a depreciating asset outright it simply mean i cant afford it.
@dkausa: Nothing to do with novating a lease.
A company acquires a phev/ev under the LCT threshold can be supplied to employer to use without FBT. Either bought upfront or "leased".
Alot of misundetsnding about FBT exemption.
depending of course on if you're still paying a mortgage…etc
novated lease makes most sense on 200k salary as you are deducting pre-tax from the highest rate
also most benefits are from grabbing most expensive EV falling under LCT that's where big savings are
I haven't seen anyone on 200k salary buying a car on finance…
@OhNoUShiz: let's put it this way, if I put together payments for the lease out of pocket (after tax), and add balloon payment, it works out to be roughly totat amount of the lease. means that real life %% on the finance is close to zero. and there's a good chance the vehicle can be sold for more than balloon payment - happened last time
so I'd rather have that cash elsewhere doing something else
@shabaka: Yeah, not disagreeing your method if you prefer to manage it this way. I prefer all paid up.
@OhNoUShiz: do you have a mortgage? Or your place is all paid up…. or you don't own a place to live and sleep in?
@OhNoUShiz: Things have worked out well for you then.
But you should remember, many folks start from nothing, and take a long time to get there…. in which case things like salary sacrifice and a novated lease may be good financial strategies for some.
My good financial strategy was to be a tightarse with myself… not so much with other people though.
Just like most folks aren't on a 200K salary.
@rooster7777: I am not on 200k salary as well. Like i said earlier i don’t disagree any methods as long as it brings anyone any positive returns. Personally, i don’t have any complex strategies. The only few strategies i have is paid off mortgage as the top priority, and if possible, buy any deprecating assets outright.
@rooster7777: Do you know how many % interest rate NL charged you? I understand that you can pay pretax on it since it s a phev. But if NL interest rate is 10% vs mortgage 6% and possibly lower once banks start to drop rates, would it be better not doing NL? Even though, 10% GST back is hard to resist haha
@Bargain-er: You should be asking shabaka or someone else who has done this. My comment was that it works for some people… but I've never been in a situation to contemplate it.
@repeat
Can you explain the benefit of a novated lease instead of a cash purchase for e.g. someone on a 100k salary?
Yep.
Very roughly, here is how the numbers work for a $50K car (which is obviously more expensive than this one), over 5 years.
To buy :
Car $50K
Insurance for five years $7.5K
Rego for five years $3.5K
Tyres for five years $2K
Total $63K and you own the car after 5 years.
Novated lease :
$370 per fortnight, which includes the car, insurance, rego, and tyres (this is the amount deducted from your pay into your bank account).
= $370 * 26 = $9620 annually = $48100 over 5 years.
Residual to keep the car is another $14K.
Total $62100 and you own the car after 5 years.
The key here is that to buy outright, you have to spend $50K in one go.
If you have $50K then you should drop that into your mortgage and take the novated lease - it basically lets you pay for the car over five years for free.
The extra $50K sitting in your mortgage for 5 years will save you a significant sum.
Thanks for the info.
I do not have a mortgage so I guess the opportunity cost of the cash is a bit less.
One other thing I am wondering is whether these can be ended early (e.g. if you change situation) and what penalty do you pay?
@repeat: @repeat the interest earned from just dropping that $50K into a good savings account for 5 years is still pretty significant !
No, you cannot easily end early - don't do this for 5 years if you want to change jobs etc - stopping the lease early is expensive.
There is also no Gst on purchase price. Your paying out of your pre tax. If its a plugin hybrid, with the new Government Incentive you dont pay the fringe benifit tax that is normally involved with novated leases. this is a huge saving.
@Digriz77: My numbers include all of that.
The $370 per fortnight is the money that will no longer be going into your bank account when you get paid.
This is the only number that matters - because that is the cost to you.
The various tax/GST/blah savings are what get the payment down to $370. Without those, it would be significantly more (to cover the 10% interest rate that the lease company charges on the finance).
What sort of real world fuel economy are you seeing
I want to go green but they wont allow my horse and cart. They're not in the cart making business.
Horse is a CO2 and methane machine though. FAIL!
The brainwashing is strong with this one
I get that 63km may seem small, but as long as it is still 50km at least in 10 years time, I reckon this is a pretty good deal. I'd love to somehow work out just how many of my wife's trips would fall well under that range - surely must be at least 90% of them.
I would go through 5 full charge cycles a week if I had this car. That is 260 charges a year and 2600 over 10 years.
Unless you rarely drive, I doubt the battery will survive 10 years
Edit: 10 years / 250,000kms (whichever occurs first) warranty on battery. I imagine unless there is some gotcha in the T&C they would be replacing a lot of batteries.
Some plug in batteries can go 5,000 cycles
My outlander 2017 phev still gets 33km, from it's original 53
That's pretty good.
How many KMs has it done? How many KMs using the battery has it done, if that info is possible to get? Thanks
We've got the car, expect a range of 50km in real world conditions. I can get 63km or over but only if you're driving at 80km with minimal stopping and starting. Going 110km/hr and it'll drain fast. That said it's plenty for day to day use for us. We barely use any petrol.
I can second that. We also have that exact car. we fuel up once ever 2 to 3 months. but we plug in every night. we also real world get around 50km. For around town we always have it in ev mode. We do around 12,000km a year. We have had zero issues and owned nearly 2 years. I got it on a novated lease with the fbt exemption.
Have you found a way to claim charging costs to your lease? When I signed up they said I couldn't but I haven't looked into it too much yet.
@Markness05: Im the same. I heard i could but I would need to put the point im charging off on its own meter or get a proper ev charger installed that i can tell how much electricity im using. I also charge from a normal power point point so wasnt sure if the cost of doing that would offset the cost of claiming the electricity. I have a 5kw roof solar still on 40c tariff so im offsetting it a bit anyway. If mg did fast charge I would consider it but from what I read its only slow charging.
@Digriz77: Would it need its own meter or could you just get a $15 plug meter to record how much power you use?
MG not just made in China, but owned by SAIC who is owned by the Chinese state.
My partners ZST has been in for warranty repairs twice in the 12mo owned.
Her brothers HS (petrol) once since January (battery kept going flat.. they took 2 weeks to track it down to the boot latch.. apparently.. gave it back saying fixed.. battery didn't drain, but boot latch doesn't work).
Sounds like a monty python sketch…
I've had this car for last 6 months. 2022 model bought for 33,000 novated leave (yes novated lease on PHEV is cheaper then paying cash). Any questions about the car feel free to ask. We're very happy with it, except for missing out on this price drop and the change to 10 year warranty.
Absolutely perfect for our use case of mostly driving less than 50kms a day. We run it like a pure EV and have only filled with petrol once.
How much cheaper compare to paying cash? Ta!
Answered below
Thanks
Can you share how much the novated lease costs pre-tax per month?
Thanks
Would also love to know!
This should be $100 per week
Car portion of lease is 280 per fortnight before tax. I've budgeted an extra 110/fortnight pre-tax for expenses but this is variable and you get it back (post-tax) if you don't end up using it. Total cost of ownership (including all expenses and residual minus income from offset account at 6%) is 49000 over 5 years vs 64000 for cash.
Thanks - does insurance, rego, service all get rolled in to the single pre tax amount deducted?
I remember many years ago I had a "salary packaged car" and fuel, insurance, rego, service, tyres were all included
@repeat: Yes all on-going expenses are included (110 pre-tax/fortnight in my case. I chose to source my own fuel, insurance etc and get re-imbursed. If you want you can get it all organised by the company but you're gonna pay more.
So the last petrol you put in, was 10 - 12 weeks into ownership?
Correct, day-to-day we use zero petrol, just plug it in every night.
Plug into standard wall socket?
@OhNoUShiz: Yeah currently with an extension cord, working on getting an electrician out to put an outlet on the wall. Could get an ev charger but not sure if it's worth it.
@Markness05: That an overnight charge. Fantastic. Looking to get a PHEV or EREV as my second car. Thanks for replying. I have a wall box and it was game changing when I need the battery charged sooner.
Absolutely perfect for our use case of mostly driving less than 50kms a day. We run it like a pure EV and have only filled with petrol once.
Yeah sounds like a perfect city commuter with a built in option to pay a little as required for exceptional uses.
A previous comment indicated that EV mode is unavailable while using the heater. Is this true for you too?
EV mode is disabled when using the heater if the outside temp is something like 6 degrees below what you set the heater to. When in practise means yes it is disabled, heated seats still work so I mostly used those if it was just me in the car.
Thanks for the input.
Funnily enough, even though the short range didn't bother me like it seemingly does most others here, the lack of 'free' heating is a deal breaker for me - that, unlike long range, is something I use often enough.
Not saying you are doing anything wrong but I wonder how good that is for the engine. The engine is rarely run if the car is in EV mode most of the time. A single fill up in all that time means the fuel was quite old in your tank (fuel does go bad).
Engines like nice long drives to get fully up to temp. Short trip driving is considered “extreme” conditions according to the ICE car manufacturers.
Time will tell I guess.
Ive had the same thought, it also seems strange when the engine goes from cold to running at 110km/hr when the battery goes out on the highway. I can't see fuel going bad in just 3-4 months but I don't know enough about cars to dispute that.
Your car should have an engine icon to burn the fuel and refuel again. That what I read from Mitsubishi PHEV owners with stale fuel in their fuel tank.
@rooster7777: … No, that's not the only way the battery charges. At least I know for a fact that it isn't in the Mitsubishi Outlander, which is the top selling PHEV. And it would be kind of idiotic yo sacrifice kinetic energy recovery on any vehicle with a big arse lithium battery.