MG HS Plug-in Hybrid cost to own in the UK — the true 5-year total
The MG HS Plug-in Hybrid starts at £31,495. Over 5 years, owning one (plug-in hybrid) costs about £37,356 in the UK as of August 6, 2026 — £623/month, £0.62/mile — including depreciation, fuel, maintenance, insurance, financing and VED. That's £4,958 more than a comparable Kia Niro Hybrid over the same 5 years.
MG HS Plug-in Hybrid incentives & grants
UK Electric Car Grant: up to £3,750 off the price of an eligible new EV (RRP ≤ £37,000, applied by the dealer). Shown for reference; not included in the totals above. Source: GOV.UK Electric Car Grant.
MG HS Plug-in Hybrid · UK · 5-year estimate£37,356 total · £623/mo · £0.62/mi
Where the money goes
| Cost component | Plug-in hybrid · MG HS Plug-in Hybrid | Hybrid · Kia Niro Hybrid |
|---|---|---|
| Depreciation (estimated) | £18,897 (51%) | £15,135 (47%) |
| Charging / fuel | £7,300 (20%) | £6,511 (20%) |
| ↳ of which charging loss | — | — |
| Maintenance | £2,100 (6%) | £1,998 (6%) |
| Insurance | £2,700 (7%) | £2,625 (8%) |
| Financing interest | £5,359 (14%) | £5,129 (16%) |
| Registration & fees | £1,000 (3%) | £1,000 (3%) |
| Total cost of ownership | £37,356 | £32,398 |
MG HS Plug-in Hybrid specs & assumptions
- Starting price (RRP)
- £31,495manufacturer
- Powertrain
- Plug-in hybrid
- Efficiency
- 48.7 mpgWLTP
- Range
- 75 miWLTP
- UK electricity
- 26.11p/kWhOfgem
- Annual miles (assumed)
- 12,000UK average
Compare the MG HS Plug-in Hybrid against any car, your mileage & your scenario
What the numbers say
The MG HS Plug-in Hybrid costs about £37,356 to own over 5 years in the UK — £623/month, £0.62/mi at 12,000 mi/yr — and depreciation is the biggest line: £18,897, 51% of the total (as of August 6, 2026).
- The Kia Niro Hybrid wins decisively here — £4,958 cheaper over 5 years; at typical assumptions this isn't a close call.
- Where the MG HS Plug-in Hybrid's £37,356 actually goes: depreciation £18,897 (51%), petrol £7,300 (20%), financing interest £5,359 (14%), insurance £2,700 (7%), maintenance £2,100 (6%), registration & fees £1,000 (3%).
- Per mile, that is £0.31 of depreciation and £0.12 of petrol, with £0.19 for everything else — £0.62/mile all-in.
- Petrol vs the fleet: the MG HS Plug-in Hybrid's 5-year petrol bill (£7,300) runs £994 below the £8,294 median of the 26 petrol and hybrid models we price at the same rates.
What we assume for maintenance
Assumed £420/yr for a plug-in hybrid at 12,000 mi/yr — about £2,100 of the 5-year total above. On this market's assumptions an EV runs about £150/yr less in maintenance than a petrol car (£300 vs £450). See the methodology for sources; adjustable in the calculator.