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MG MG5 vs Peugeot 408

What's the difference?

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MG MG5
MG MG5

$17,999 - $29,690

2024 price

Peugeot 408
Peugeot 408

2024 price

Summary

2024 MG MG5
2024 Peugeot 408
Safety Rating

Engine Type
Turbo 4, 1.5L

Turbo 4, 1.6L
Fuel Type
Unleaded Petrol

-
Fuel Efficiency
5.9L/100km (combined)

1.3L/100km (combined)
Seating
5

5
Dislikes
  • Lacks safety tech
  • Low-speed manners
  • Road noise

  • Missing features in rear row
  • Expensive compared to rivals
  • Only one grade option
2024 MG MG5 Summary

MG has a knack for bucking market trends. The MG3 hatch currently makes up more than a quarter of the brand’s sales at a time when the ‘light car’ category is in gradual decline. Electric cars are too expensive? Here comes the MG4 for less than $40K.

So is this, the MG5, here to resuscitate the sedan? A market segment that’s on the way to flatline here in Australia (aside from the Tesla Model 3's relatively niche appeal)?

If it does, it’s going to do it the same way MG has before. Low pricing. Both MG5 variants come in at less than $30K drive-away and convincingly undercut rivals… but at what cost?

MG delivers a strong value proposition with its small sedan, but it largely only comes with the essential safety features needed to be sold in Australia.

Does the MG5 bring enough to the table to be worth considering without common active safety features like lane-keep assist or rear cross-traffic alert? Let’s find out.

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2024 Peugeot 408 Summary

Peugeot has launched a new plug-in hybrid model, the ambitiously design 408 GT. The 408 is carving out a little niche for itself with its body style. Blending a sedan, liftback and an SUV together means you get the benefits of all styles but it also means there are few direct rivals.

The closest are the Citroen C5 X and the Cupra Formentor VZe.

The 408 GT has killer looks and style for days but I'm spending a week with it to see whether this plug-in hybrid is worth a look!

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Deep dive comparison

2024 MG MG5 2024 Peugeot 408

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