MG has plenty of EVs in the UK now that are made more affordable under a salary sacrifice scheme. The MG4 EV, MG ZS EV, MG5 EV, and MG Cyberster models showcase MG’s sporty performance car prowess.
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MG Salary Sacrifice EVs
MG MG4 EV Long Range Salary Sacrifice
- Available Since: October 2022
- Battery: 61.7 kWh
- Range: 225 miles
- Lease Cost: £304 per month
- Top Speed: 99 mph
- 0-62 mph: 7.9 seconds
MG ZS EV Long Range Salary Sacrifice
- Available Since: December 2021
- Battery: 68.3 kWh
- Range: 230 miles
- Lease Cost: £314 per month
- Top Speed: 109 mph
- 0-62 mph: 8.4 seconds
MG MG5 EV Long Range Salary Sacrifice
- Available Since: July 2022
- Battery: 57.4 kWh
- Range: 205 miles
- Lease Cost: £307 per month
- Top Speed: 115 mph
- 0-62 mph: 7.7 seconds
MG MG4 EV Standard Range Salary Sacrifice
- Available Since: October 2022
- Battery: 50.8 kWh
- Range: 185 miles
- Lease Cost: £287 per month
- Top Speed: 99 mph
- 0-62 mph: 7.7 seconds
MG MG4 EV Extended Range Salary Sacrifice
- Available Since: August 2023
- Battery: 74.4 kWh
- Range: 265 miles
- Lease Cost: £380 per month
- Top Speed: 112 mph
- 0-62 mph: 6.5 seconds
MG MG4 EV XPOWER Salary Sacrifice
- Available Since: August 2023
- Battery: 61.7 kWh
- Range: 200 miles
- Lease Cost: £357 per month
- Top Speed: 124 mph
- 0-62 mph: 3.8 seconds
MG ZS EV Standard Range Salary Sacrifice
- Available Since: February 2022
- Battery: 49 kWh
- Range: 165 miles
- Lease Cost: £294 per month
- Top Speed: 109 mph
- 0-62 mph: 8.6 seconds
MG Cyberster GT Salary Sacrifice
- Available Since: April 2024
- Battery: 74.4 kWh
- Range: 250 miles
- Lease Cost: £893 per month
- Top Speed: 124 mph
- 0-62 mph: 3.2 seconds
MG Cyberster Trophy Salary Sacrifice
- Available Since: April 2024
- Battery: 74.4 kWh
- Range: 265 miles
- Lease Cost: £838 per month
- Top Speed: 121 mph
MG EV Salary Sacrifice Calculations
| Model | Launch Date | Battery (kWh) | Cost per Mile of Range (£) | Lease (BCH) (£/pcm) | 0-62 mph (sec) | Top Speed (mph) | Range (mi) | Efficiency (Wh/mi) | Rapidcharge (mph) | Price (£) | Monthly Gross Salary Sacrifice (£) | Net Cost (Basic Rate) (£/pcm) | Net Cost (Higher Rate) (£/pcm) | Total Cost Over 3 Years (Basic Rate) (£) | Total Cost Over 3 Years (Higher Rate) (£) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MG MG4 EV Long Range | October 2022 | 61.7 | 131 | 304 | 7.9 | 99 | 225 | 274 | 390 | 29495 | 304 | 234.08 | 187.48 | 8426.88 | 6749.28 |
| MG ZS EV Long Range | December 2021 | 68.3 | 143 | 314 | 8.4 | 109 | 230 | 297 | 260 | 32995 | 314 | 241.92 | 193.68 | 8711.04 | 6972.48 |
| MG MG5 EV Long Range | July 2022 | 57.4 | 151 | 307 | 7.7 | 115 | 205 | 280 | 200 | 30995 | 307 | 236.32 | 189.34 | 8507.52 | 6816.24 |
| MG MG4 EV Standard Range | October 2022 | 50.8 | 146 | 287 | 7.7 | 99 | 185 | 275 | 230 | 26995 | 287 | 221.06 | 171.26 | 7958.16 | 6165.36 |
| MG MG4 EV Extended Range | August 2023 | 74.4 | 138 | 380 | 6.5 | 112 | 265 | 281 | 370 | 36495 | 380 | 292.4 | 226.2 | 10526.4 | 8143.2 |
| MG MG4 EV XPOWER | August 2023 | 61.7 | 182 | 357 | 3.8 | 124 | 200 | 309 | 350 | 36495 | 357 | 274.26 | 212.62 | 9873.36 | 7654.32 |
| MG ZS EV Standard Range | February 2022 | 49 | 185 | 294 | 8.6 | 109 | 165 | 297 | 160 | 30495 | 294 | 224.92 | 174.86 | 8097.12 | 6294.96 |
| MG Cyberster GT | April 2024 | 74.4 | 240 | 893 | 3.2 | 124 | 250 | 298 | 260 | 59995 | 893 | 687.94 | 535.8 | 24766.56 | 19288.8 |
| MG Cyberster Trophy | April 2024 | 74.4 | 208 | 838 | 5 | 121 | 265 | 281 | 280 | 54995 | 838 | 645.64 | 500.02 | 23243.04 | 18000.72 |
The MG salary sacrifice scheme provides both benefits and tax cost savings on the net cost of leasing an EV. When you look at the MG MG4 EV Long Range taken on a salary sacrifice scheme, the lease cost goes down from £304 to £234.08 per month for a basic rate taxpayer and to £187.48 per month for a higher rate taxpayer.
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Further Resources
Salary Sacrifice for Beginners
Advice Hub
UK Salary Sacrifice Schemes
Important information about our salary sacrifice calculations
Please note that the actual lease costs may vary based on your individual circumstances, including your location, and the specific provider you choose. The lease costs presented in this table are calculated based on an average of three leading providers and are intended to give a general indication of potential costs. Actual costs may be higher or lower depending on the terms and conditions of the lease agreement.
The salary sacrifice tax savings shown are estimates and are intended to provide a general idea of potential savings. These savings can vary significantly depending on your personal tax situation, including your tax rate, other benefits, and overall compensation package. It is recommended to consult with a financial advisor or tax professional to understand how salary sacrifice will impact your specific financial situation.
Additionally, the specifications and features of the vehicles listed are based on the latest available information and are subject to change by the manufacturer. For the most accurate and up-to-date details, please refer to the manufacturer’s official website or contact your chosen provider directly.
The information provided in this table is for informational purposes only and should not be considered as financial or legal advice.