MG Im5 vs Toyota GR86

What's the difference?

VS
MG Im5
MG Im5

2026 price

Toyota GR86
Toyota GR86

$37,990 - $49,990

2023 price

Summary

2026 MG Im5
2023 Toyota GR86
Safety Rating

Engine Type
0.0L

Flat 4, 2.4L
Fuel Type
Electric

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

8.7L/100km (combined)
Seating
5

4
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Severely behind on safety tech
  • Prices are up a lot
  • Could be too firm for some
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 Toyota GR86 Summary

The new, second generation take on the hachi-roku formula adds a serious amount of 'GRRRR' to the mix. This is it - the new-look, more powerful and much angrier Toyota GR86.

It takes the familiar front-engine, rear-wheel-drive sports car formula and mixes in a bit of madness - there’s a more focused chassis setup, redone steering, a firmer ride and of course, a bigger capacity engine. Still no turbo, though.

The question is - does it improve on the original? And can it live up to its new jaw-dropping price?

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Deep dive comparison

2026 MG Im5 2023 Toyota GR86

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