MG MG4 vs Toyota Camry
Data verified April 2025
The MG MG4 and Toyota Camry are broadly cost-equivalent over 5 years in New South Wales at this driving level.
Running 15,000 km per year in New South Wales, the total cost difference over 5 years is only $2,833 — within the margin of normal price fluctuations. The MG MG4 has lower running costs but a higher purchase price. At this usage level the MG MG4 may not fully recover its higher purchase premium.
Financially near-identical at this driving profile — factor in your fuel price expectations and environmental priorities.
Frequently asked questions
Is the MG MG4 cheaper than the Toyota Camry over 5 years in Australia?
Yes. Over 5 years at 15,000 km/yr in NSW the MG MG4 costs $76,769 in total (including purchase) versus $79,602 for the Toyota Camry. A total saving of $2,833.
Does the MG MG4 break even against the Toyota Camry?
At 15,000 km/yr in NSW the MG MG4 does not fully recover its price premium within a 5-year holding period. Higher annual km or an extended holding period would improve the picture. Use the calculator above to model your situation.
How much does it cost to charge the MG MG4 vs fuel the Toyota Camry per year?
At 15,000 km/yr in NSW, charging the MG MG4 costs approximately $885/yr (blending home and public charging), versus $1,203/yr in petrol for the Toyota Camry.
How savings vary by state
5-year total cost at 15,000 km/yr using each state's electricity and fuel rates. Click a state for the full breakdown.
| State | EV saving over 5 yrs | Break-even |
|---|---|---|
| New South Wales | +$2,833 | > 5 yrs |
| Victoria | +$2,995 | > 5 yrs |
| Queensland | +$5,484 | > 5 yrs |
| Western Australia | +$5,368 | > 5 yrs |
| South Australia | +$3,736 | > 5 yrs |
| Tasmania | +$6,016 | > 5 yrs |
| Australian Capital Territory | +$6,080 | > 5 yrs |
| Northern Territory | +$6,274 | > 5 yrs |