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The sedan isn't finished yet! 2023 MG5 price and spec easily undercuts Toyota Corolla, Mazda 3 and Hyundai i30

MG’s new model is a small sedan competing against the Toyota Corolla and Mazda3.

MG Australia has launched an all-new model into the dwindling small sedan segment with the MG5, lining up against four-door versions of the Toyota Corolla, Mazda3, Hyundai i30 and Kia Cerato.

But the new MG model undercuts all rivals, opening with the entry-level Vibe for $24,990 drive-away and extending to the top-spec Essence for $28,990.

Both versions use the same 1.5-litre turbo-petrol engine to motivate the front wheels, but outputs vary between grades.

The Vibe has 84kW/150Nm on tap, while the Essence boasts 119kW/250Nm.

Transmissions also vary between grades, with the base car fitted with a continuously variable transmission (CVT), while the top-spec MG5 has a seven-speed dual-clutch automatic transmission.

As such, the Vibe returns a fuel economy figure of 5.7 litres per 100km, while the Essence is slightly thirstier at 5.9L/100km.

Standard equipment includes 17-inch wheels, synthetic leather seats, four-speaker sound system and a 10.0-inch multimedia system that includes Apple CarPlay and Android Auto connectivity.

MG Australia has launched an all-new model into the dwindling small sedan segment with the MG5.

Stepping up to the Essence nets buyers a surround-view monitor, sunroof, six-speaker sound system and synthetic leather-trimmed steering wheel.

The MG5 sedan sports a boot capacity of 401 litres.

As with all MG models, the MG5 comes with a seven-year/unlimited kilometre warranty.

2023 MG5 pricing drive-away

Variant

Transmission

Cost

Vibe

Automatic

$24,990

Essence

Automatic

$28,990

Tung Nguyen
News Editor
Having studied journalism at Monash University, Tung started his motoring journalism career more than a decade ago at established publications like Carsales and Wheels magazine. Since then, he has risen through the ranks at GoAuto to Managing Editor before joining the CarsGuide team in 2019 as the newly-appointed News Editor. Since starting at CarsGuide, Tung has spearheaded the push for well-researched and unique stories that will shines a light on the automotive industry for new-car-buying intenders, who might struggle to keep up to date with the fast-paced environment of motoring. The last few years alone have seen an explosion of interest in electric cars, as well as a push for autonomous driving, and as News Editor, it is Tung’s job to stay abreast of all the latest and deliver stories worthy of CarsGuide growing audience.
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