2024 MG5 Essence review - Long-term owner

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2024 MG5 Essence (Image: William Vandermeer)

OWNER RATING

8.0

Owner Review

William Vandermeer

9 Jan 2026 1 min read

OWNER RATING

8.0

Likes

Very up to date compared with other makes

Has room for five

Great boot space

Dislikes

Limited tech

Owner Review

William Vandermeer

9 Jan 2026 1 min read

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Multimedia and safety technology: 5/10

The technology is limited but enough for me.

Practicality: 8/10

Excellent space. Easy excess into the rear and boot.

Driving: 8/10

I am very happy the way it drives and performs. The turbo gives it plenty for overtaking.

Running costs: 10/10

Excellent on fuel, getting approximately 6L/100km on the freeway. Insurance is cheaper than the my last car, a Honda. Fixed service fee is very reasonable.

Reliability: 10/10

Excellent. It has not missed a beat and does all I want it to do.

MG MG5 2024: Essence

Engine Type	Turbo 4, 1.5L
Fuel Type	Unleaded Petrol
Fuel Efficiency	5.9L/100km (combined)
Seating	5
Price From	$21,010 - $26,620

Pricing Guides

$31,990

Price is based on the Manufacturer's Suggested Retail Price for the lowest priced MG MG5 2026 variant.

LOWEST PRICE

$31,990

HIGHEST PRICE

$31,990

See all MG MG5 pricing & specs

Range and Specs

Vehicle	Specs	Price*
Essence	1.5L, Unleaded Petrol, 7 SPEED AUTO DUAL CLUTCH	$31,990

See all 2026 MG MG5 in the Range

*Manufacturer's Suggested Retail Price

Owner Review

CarsGuide's Owner Reviews are written by real Australian car owners. They reflect the personal experiences of our audience with their vehicles, providing an overview of their long-term ownership, including running costs and reliability. This content is moderated by the CarsGuide Editorial team.

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Disclaimer: The pricing information shown in the editorial content (Review Prices) is to be used as a guide only and is based on information provided to Carsguide Autotrader Media Solutions Pty Ltd (Carsguide) both by third party sources and the car manufacturer at the time of publication. The Review Prices were correct at the time of publication. Carsguide does not warrant or represent that the information is accurate, reliable, complete, current or suitable for any particular purpose. You should not use or rely upon this information without conducting an independent assessment and valuation of the vehicle.