Is the MG5 Worth It After High Mileage?

Is the MG5 Worth It After High Mileage?

Are you considering the MG5, but unsure how it holds up over time?

I get it – buying a car is a big decision, and you want to know what to expect in terms of reliability and longevity.

In this blog, I’ll share my own experience with the MG5, along with insights from other users about how it performs after extended use and higher mileage.

I know it’s hard to find honest reviews, but you can trust that this blog gives you the real picture, with practical information that’ll help you make a smart decision.

I’ve gathered feedback from real owners, so you’ll get more than just the manufacturer’s perspective.

If you’re curious about how the MG5 holds up over the long run, this blog will help guide you in the right direction.

All About the MG5

The MG5 is an electric car that aims to keep things simple and practical. It’s a family-friendly wagon that offers good space, comfort, and value for money.

With its electric motor, the MG5 is quiet to drive and doesn’t produce tailpipe emissions, which is better for the environment.

Inside, you’ll find a clean layout with enough room for both passengers and luggage.

The boot (trunk) is large, making it a good choice for everyday use, whether it’s groceries, sports gear, or weekend trips. The seats are comfortable, and there’s decent legroom in the back, even for taller passengers.

The MG5 isn’t built for speed or fancy features. Instead, it focuses on what most people need: reliability, space, and lower running costs.

It has a usable driving range that covers most daily trips, and you can charge it at home or at public charging stations.

MG5 Reviews: What Owners Are Saying About the MG5 Car

MG5 Reviews: What Owners Are Saying About the MG5 Car

The MG5 is known for being an affordable, practical car. In this section, I’ll share what other owners are saying about its strengths and weaknesses based on their real-world experiences.

1. General Impressions

The MG5 is all about practicality and good value. It feels like driving a spacious hatchback, with great visibility and light steering that make city driving easy.

The electric version is quiet and comfortable, with enough performance and range for everyday use. The interior isn’t fancy, but it has all the essential features.

The MG5 is a solid, reliable option for those who prioritize practicality and value over extra features.

2. Comfort and Everyday Use

Many owners highlight the MG5’s “comfortable ride” and “really usable space.”

Reviewers who use it for daily family tasks note the “huge boot” and “plenty of legroom” in the back seats.

Described as “easy to drive,” with “smooth power delivery” and “straightforward controls,” one long-time driver said it best: “You get in and just drive; no drama, no fuss”.

3. Range and Charging

Most users report getting “about 220 miles between charges” in mixed driving, which is “very close to MG’s claims”.

Some note, “You can get above 230 on the highway in summer,” though cold weather and high speeds can reduce range to under 200 miles.

Charging at home is “simple” with any standard wallbox, and DC fast charging brings the battery from 10% to 80% in about 35 minutes, which reviewers consider “competitive for the price”.

One owner, after extended use, mentioned, “It gets the range claimed in the summer without an issue, driving 10,000-15,000 miles annually.”

4. Tech and Interior

The infotainment system gets mixed reviews: some describe it as “basic” or “hit and miss,” but appreciate the inclusion of Android Auto and Apple CarPlay on newer models.

Many call it “simple and easy to use,” though a few wish for stronger regenerative braking.

Some drawbacks include a “drab” interior and a lack of detailed charging info on the dashboard, but updates in recent years have improved the tech options.

5. Running Costs and Value

Reviewers consistently praise its value: “It’s genuinely affordable for an EV with this much space,” and “running costs are minuscule”.

Several drivers claim the MG5 delivers “95% of a luxury EV for half the price” and is “just what you need, plug it in and drive”.

6. Long-Term Reliability and Extended Mileage

Owners with high mileage report “no major faults.”

One user shared that their MG5 had covered 120,000 miles and still had 92% battery health, calling it “a real workhorse. Solid, no major surprises”.

Extended-use feedback suggests the MG5 handles high-mileage routines well, making it an excellent choice for those with long commutes or fleet use.

Resale Value of the MG5 Car: How It Holds Up at High Mileage

The MG5 offers a cost-effective solution for high-mileage drivers with low maintenance and significant charging savings. However, it experiences significant depreciation, especially with high mileage.

Cost-Effective for High-Mileage Drivers

The MG5 is cost-effective for high-mileage drivers, with low maintenance and significant savings on charging.

Routine tasks like checkups, brake fluid changes, and tire replacements are straightforward. One owner with 150,000 miles only needed to replace front lower arms, shocks, and change the brake fluid, with original brakes still at 35% wear.

Tires last around 20,000–30,000 miles, and service is typically needed every 15,000 miles or annually.

Charging at home offers savings of $6,000–$8,000 annually compared to a diesel car, making it a reliable and affordable option for long-term use.

Depreciation and Resale Value

The MG5 experiences significant depreciation, especially with high mileage.

After three years or 36,000 miles, it retains only about 40% of its value, compared to 60% for other top-performing EVs. A 2021 model priced at $33,000 dropped to under $7,000 after 172,000 miles.

Many owners report a sharp decline in resale value, with some three-year-old models worth less than half of their original price.

High-mileage MG5s, especially those used for commuting or fleet work, tend to depreciate faster than other EVs.

Typical Resale Values 

Vehicle Age Original Price Resale Value (Avg Miles) Retained Value
1-2 years $33,000 $18,000–$22,000 (20k mi) ~55%–67%
3 years $33,000 $11,000–$14,000 (36k mi) ~33%–42%
3 years (high mileage) $33,000 ~$7,000 (172k mi) ~21%

Recent Updates

The latest MG5 2024 facelift brings improved crash safety, a more modern dashboard, and better tech, addressing some of the earlier shortcomings.

Emergency braking and lane-keeping assist are now standard in the MG5 2024, though these features were lacking in earlier versions of the MG5.

Conclusion

I hope this blog has addressed your concerns about the MG5, particularly how it holds up over time with high mileage.

I understand that finding honest, practical information about long-term performance and resale value can be tough.

The MG5 is a reliable and cost-effective option, with low maintenance and significant charging savings. However, it does face sharp depreciation, especially after high mileage.

If you’re looking for a practical EV with low running costs and don’t mind the lower resale value, the MG5 is a solid choice.

I’ve shared insights to help you make an informed decision, and I believe the MG5 offers real value for those focused on long-term ownership and practicality.

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