Chevrolet Silverado vs MG MG5

What's the difference?

VS
Chevrolet Silverado
Chevrolet Silverado

$130,500 - $166,500

2025 price

MG MG5
MG MG5

$17,999 - $32,990

2024 price

Summary

2025 Chevrolet Silverado
2024 MG MG5
Safety Rating

Engine Type
Diesel Turbo V8, 6.6L

Turbo 4, 1.5L
Fuel Type
Diesel

Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

5.9L/100km (combined)
Seating
5

5
Dislikes
  • Turning circle
  • Short warranty
  • No capped-price servicing

  • Lacks safety tech
  • Low-speed manners
  • Road noise
2025 Chevrolet Silverado Summary

The combined sales of GMSV’s 1500 and 2500 HD Silverado offerings currently represent more than 36 per cent of the Over $100K pick-up segment, in which extensive local remanufacturing of US-sourced vehicles to RHD ensures six-figure price tags.

Clearly, these large Chevrolets, which are primarily designed for carrying and towing heavy things, have established a strong foothold in Australia.

We recently trialled the latest MY24 version of the biggest Silverado from a tradie’s perspective, to see if this giant could be a superior alternative to local one-tonne ute offerings in the dual roles of weekday worker and weekend leisure machine.

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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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Deep dive comparison

2025 Chevrolet Silverado 2024 MG MG5

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