DealRadar AU
Updated 10-05 10:00
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MG S5 EV Essence 49kWh $39,990 Drive Away + $2,000 Cashback @ MG Dealers

Mgmotor
Posted 4 days ago

MG S5 EV Essence 49kWh $39,990 Drive Away + $2,000 Cashback @ MG Dealers

26 days leftEnds Sun 1 November at 00:00

MG Australia is offering a limited-time October deal on the MG S5 EV. The Essence 49kWh model is priced at $39,990 drive away, with an additional $2,000 cash rebate available for eligible purchases. This promotion also applies to the 64kWh version and the MG4 Urban range. Participation requires purchasing through an authorized MG dealer.

Our readers say
Source: OzBargain506 comments
Original title

MG EV S5 $39,990 Essence 49kWh Drive Away With $2000 Cashback @MG Dealers

Something wrong?

Quick take

Good for
  • Australians looking for an affordable entry-level electric vehicle
  • Households with a budget around $40,000 for a new car
  • Commuters seeking lower running costs
Not for
  • Buyers prioritizing maximum range or high-performance specs
  • Users in remote areas concerned about service network coverage
Why it's worth a look
  • $39,990 drive-away is highly competitive in the current Australian EV market
  • The extra $2,000 cash rebate effectively lowers the total cost of ownership
  • MG offers relatively good parts availability and service infrastructure compared to some newer entrants
Watch out
  • Cashback is not instant; allow time for processing
  • Check local stock levels to avoid long waiting periods
  • Compare battery warranty terms against rival brands in the same price bracket
Worth doingsave ~$2000, done in 30 min
Worth it?
$2,000
Estimated saving (price drop + cashback + cash rewards)
You pay $39,990
Effort
Moderateabout 30 min
Moderate
NSW/VIC/QLD/WA/SA/TAS/NT/ACT onlyIn store
Any catches?
No real catches

Just 2 minor notes

See all risk notes ↓
Ends26 days leftSun 1 November at 00:00Who can do it: Open to everyoneNo feedback yet — tell us how it went if you try it

Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).

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Tried it? Tell us how it went to help others

How did it go?

MG S5 EV Essence 49kWh $39,990 Drive Away + $2,000 Cashback @ MG Dealers

How to do it

  1. 1Visit your local authorized MG dealer or check their website for stock availability.
  2. 2Confirm that the specific model you are buying (S5 Essence 49kWh/64kWh or MG4 Urban) qualifies for the promotion.
  3. 3Ask the sales consultant to detail the process for claiming the $2,000 cash rebate and ensure it is documented in your purchase agreement.
  4. 4Keep all purchase receipts and rebate application forms safe, as the payout typically occurs after delivery rather than as an upfront discount.
Money-saving tip: When negotiating, ask if the dealer can throw in extras like floor mats or extended servicing packages, as they often have flexibility beyond the manufacturer's standard rebate.

Conditions

  • Valid for purchases made during October 2026 via authorized MG dealers.
  • Applies to specified models: MG S5 EV (Essence 49kWh / 64kWh) and MG4 Urban.
  • Drive-away price includes on-road costs, which may vary slightly by state or territory.
  • The $2,000 cashback is usually processed separately after vehicle delivery, not deducted from the sticker price.

Risks

  • NoteOnly available in NSW / VIC / QLD / WA / SA / TAS / NT / ACT.
  • NoteCommunity feedback is positive with few comments, but individual dealer execution of rebate claims may vary.

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