MG Im5 vs Lexus ES300H

What's the difference?

VS
MG Im5
MG Im5

2026 price

Lexus ES300H
Lexus ES300H

$56,888 - $74,888

2023 price

Summary

2026 MG Im5
2023 Lexus ES300H
Safety Rating

Engine Type
0.0L

Inline 4, 2.5L
Fuel Type
Electric

Premium Unleaded/Electric
Fuel Efficiency
0.0L/100km (combined)

4.8L/100km (combined)
Seating
5

5
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Dated interior, fiddly controls
  • Firm ride
  • Road and engine noise at speed
2026 MG Im5 Summary

Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).

We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.

And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.

 So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.

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2023 Lexus ES300H Summary

What’s the closest thing we have to a modern-day Holden Statesman/Caprice?

If, like General Motors, you obliterate Australia’s Own from existence altogether, you’re left with time-honoured rivals also made in this country, like the Ford Fairlane, Chrysler by Chrysler and Toyota’s Crown and Avalon.

But they’re also all in history’s dustbin (well, the American ones, anyway), leaving the humble Camry as the sole living nameplate with any connection to Australian manufacturing.

And since the Lexus ES is a close relative, we’re going to take a fresh look at the latest version, with a view of it as a bit of a survivor of a bygone era – where aspirational vehicles were created from normal family sedans.

Just like the Fairlane, Crown and of course, the Caprice.

Launched in mid 2018 but facelifted in 2021, we test the ultimate version of the seventh-generation ES, the 300h Sports Luxury – or SL, if we’re to make yet another tenuous connection to long-gone Holdens.

Let’s go!

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Deep dive comparison

2026 MG Im5 2023 Lexus ES300H

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