MG Im5 vs Skoda Karoq

What's the difference?

VS
MG Im5
MG Im5

2026 price

Skoda Karoq
Skoda Karoq

$31,990 - $49,990

2024 price

Summary

2026 MG Im5
2024 Skoda Karoq
Safety Rating

Engine Type
0.0L

Turbo 4, 1.4L
Fuel Type
Electric

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

6.5L/100km (combined)
Seating
5

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

  • Dated interior
  • Non-linear power delivery
  • Needs premium unleaded
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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2024 Skoda Karoq Summary

Typically appealing to those seeking quality engineering and tech without feeling the need to make a boastful badge statement, Skoda is a low-key, ultra-confident brand.

On sale here since 2018, the Skoda Karoq is a comparatively small fish in one of the most hotly contested segments in the Australian new-car market, namely medium SUVs, the leading trio consisting of the Toyota RAV4, Nissan X-Trail and Mitsubishi Outlander.

To increase its appeal against these and other high-profile contenders Skoda Australia has introduced a new entry-level Karoq designed to hit the Goldilocks zone between attractive standard specification and sharp pricing. CarsGuide was invited to its local launch.

 

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Deep dive comparison

2026 MG Im5 2024 Skoda Karoq

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