MG MG4 vs Toyota Corolla: Running Costs in Tasmania
Data verified April 2025
At this driving profile, the Toyota Corolla is the more economical choice over 5 years in Tasmania.
Running only 15,000 km per year in Tasmania, the MG MG4's higher purchase price doesn't fully pay back through lower running costs within 5 years. The MG MG4 costs $73,327 in total versus $64,543 for the Toyota Corolla — a difference of $8,784. The numbers don't reach break-even within this holding period. If you drive significantly more km per year, or if petrol prices rise substantially, this comparison would shift. The MG MG4 still avoids around 6,658 kg of CO₂ over the ownership period.
The economics don't stack up at this driving distance — increase annual km or extend the holding period to change the picture.
Frequently asked questions
Is the MG MG4 cheaper than the Toyota Corolla over 5 years in Tasmania?
At 15,000 km/yr in Tasmania the Toyota Corolla is the cheaper option over 5 years: $64,543 total versus $73,327 for the MG MG4. Use the calculator to adjust for your situation.
Does the MG MG4 break even against the Toyota Corolla in Tasmania?
At 15,000 km/yr in Tasmania 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 change this.
How much does it cost to charge the MG MG4 vs fuel the Toyota Corolla per year in Tasmania?
At 15,000 km/yr in Tasmania, charging the MG MG4 costs approximately $756/yr, versus $1,292/yr in petrol for the Toyota Corolla. Tasmania's electricity and fuel rates are applied automatically.