MG4 Standard cost to own in Ireland — the true 5-year total
The MG4 Standard starts at €30,995. Over 5 years, owning one (EV) costs about €34,523 in Ireland as of July 2, 2026 — €575/month, €0.46/km — including depreciation, charging (with the ~12% charging loss most calculators ignore), maintenance, insurance, financing and motor tax. That's €789 more than a comparable Toyota Corolla Hatchback Hybrid (Luna) over the same 5 years.
MG4 Standard incentives & grants
Ireland SEAI grant: up to €3,500 off a new BEV, plus VRT relief (price-capped). Shown for reference; not in the totals above. Source: SEAI.
MG4 Standard · Ireland · 5-year estimate€34,523 total · €575/mo · €0.46/km
Where the money goes
| Cost component | Electric · MG4 Standard | Hybrid · Toyota Corolla Hatchback Hybrid |
|---|---|---|
| Depreciation (estimated) | €19,217 (56%) | €14,975 (44%) |
| Charging / fuel | €4,293 (12%) | €6,588 (20%) |
| ↳ of which charging loss | 12% (~€515) | — |
| Maintenance | €1,748 (5%) | €2,978 (9%) |
| Insurance | €3,400 (10%) | €3,075 (9%) |
| Financing interest | €5,265 (15%) | €5,069 (15%) |
| Registration & fees | €600 (2%) | €1,050 (3%) |
| Total cost of ownership | €34,523 | €33,734 |
MG4 Standard specs & assumptions
- Starting price
- €30,995manufacturer
- Powertrain
- Electric
- Efficiency
- 15.5 kWh/100kmWLTP
- Range
- 350 kmWLTP
- Ireland electricity
- 25.00c/kWhCRU/SEAI
- Annual km (assumed)
- 15,000Ireland average
Compare the MG4 Standard against any car, your km & your scenario
What the numbers say
The MG4 Standard costs about €34,523 to own over 5 years in Ireland — €575/month, €0.46/km at 15,000 km/yr — and depreciation is the biggest line: €19,217, 56% of the total (as of July 2, 2026).
- Call it a tie: €789 apart over 5 years is inside the noise of estimates like these — choose on fit and charging access, not on cost.
- The MG4 Standard pulls ahead of the Toyota Corolla Hatchback Hybrid (Luna) if you drive more than about 18,500 km/yr.
- On cost per month the MG4 Standard ranks #2 of 16 EV models we track in Ireland.
- Where the MG4 Standard's €34,523 actually goes: depreciation €19,217 (56%), financing interest €5,265 (15%), charging €4,293 (12%), insurance €3,400 (10%), maintenance €1,748 (5%), registration & fees €600 (2%).
- Per km, that is €0.26 of depreciation and €0.06 of charging, with €0.15 for everything else — €0.46/km all-in.
- Charging vs the fleet: at €4,293 over 5 years the MG4 Standard sits within €139 of the €4,432 median for the 18 EVs we price — nothing unusual either way.
What we assume for maintenance
Assumed €350/yr for an EV at 15,000 km/yr — about €1,748 of the 5-year total above. On this market's assumptions an EV runs about €351/yr less in maintenance than a petrol car (€350 vs €701). See the methodology for sources; adjustable in the calculator.
Cost to charge the MG4 Standard at home
The MG4 Standard runs about €4.40 per 100 km at home — versus about €12.81 for a typical 7 L/100km petrol car. Home charging only (the ~12% AC charging loss is included); public DC fast-charging is billed per session by each network — often 2–3× the home rate — and isn't in these figures.
- Per 100 km at home
- €4.4015.5 kWh/100km + 12% charging loss × €0.25/kWh
- A typical 7 L/100km petrol car
- €12.81/100kmat €1.83/L — for comparison