MG4 X-Power Orders & Delivery

[CraigInnes]

Current price is £355 per month (green paint, 3yrs, 7500 miles pa).
42% tax payer (SNP’s progressive (higher) taxes)

 

[Cymro333]

They can vary daily but mine’s £397 for 4 years and 15,000 miles/annum. That’s all in including insurance and maintenance with no deposit ? (42% tax payer)

 

[martink82]

Ok, thanks both - 15k mileage is closer to what I would need. These are gross costs, right? I am in a lower tax band, so a bit more for me to pay

Can I be cheeky and ask someone to check the monthly cost of a trophy long range at 15k miles/annum through Tusker?

 

[Cymro333]

The prices are net not gross, gross would be in the region of £600.

Just changed tusker settings to 32% tax (20% income and 12% NI) and these are the figures for blue/white with 15,000 miles pa

Xpower £449
Trophy long range £424
Small battery SE £373

 

[lsb777]

Price variance will also be affected by insurance risk (age/address/extra driver) and whether you want indie or main dealer servicing and any relief car.

 

[Cymro333]

I’m 50 and chose indie and small car relief, basically the cheapest option

 

[martink82]

Thanks for all of the input. I would go for the same. I'm 40 but would add my wife as a second driver who is the same age.

Looks like I will need to crunch the numbers when my employer finishes setting up their arrangement with Tusker.

 

[Brettus]

Beginning to think the 22nd Sept date quoted was just 3 months to the day from ordering but I’m also quietly hopeful. Wishful thinking most likely as there will be delays in there somewhere for transporting and checking etc but still… it COULD happen. (Also 22nd might be the docking date not dealer ?)

 

[Sajymundo]

Saw a White MG4 XPower on Friday, only way to tell was the orange brake caliper covers. Looked nice - happy with my choice of green though. Still waiting for delivery date.

 

[bowfer]

Ok, thanks both - 15k mileage is closer to what I would need. These are gross costs, right? I am in a lower tax band, so a bit more for me to pay

Can I be cheeky and ask someone to check the monthly cost of a trophy long range at 15k miles/annum through Tusker?

This shows the confusion with salary sacrifice and why it’s not as attractive as people may think.
£400 a month makes people think that’s the gross amount as they expect salary sacrifice to make more of an impact than that.
And it shows how they ‘load’ the gross cost, as no one is going to pay £600 a month for an X-power.
It seems to me they just pick a net monthly cost ‘slightly below’ market and then adjust the gross amount accordingly.

 

[CraigInnes]

This shows the confusion with salary sacrifice and why it’s not as attractive as people may think.
£400 a month makes people think that’s the gross amount as they expect salary sacrifice to make more of an impact than that.
And it shows how they ‘load’ the gross cost, as no one is going to pay £600 a month for an X-power.
It seems to me they just pick a net monthly cost ‘slightly below’ market and then adjust the gross amount accordingly.

The net is a bit more than ‘slightly below’ market though isn’t it?

 

[CraigInnes]

On the ‘slightly below’ market perception it will obviously depend on your tax code. For me it’s definitely worthwhile.

My net is £355 (including green paint) for 3 years and 7500 miles pa. Gross is £587.
No deposit required and includes servicing/tyres/insurance.

Just had a look at LeaseLoco - one month deposit down and over 3 years and 8k miles pa is £457/month. Don’t think that includes insurance / servicing / tyres.

So you are worse off to the tune of £457 upfront, £102 per month and three years of insurance, servicing, tyres.
Allowing for a set of tyres, 3 years of insurance and servicing would likely be over £5500 saved over the three years.

Plus it will also reduce the amount of personal allowance I lose, which would mean the saving would be even more.

 

[Deleted member 11291]

Just ordered an XPOWER in white for December/January delivery, on a personal lease.

 

[Brettus]

The 10th known purchase on the forum, not too shabby ?

 

[prospectivebuyer]

I am sooooo jealous of you lot!

I will buy a used one in 2 years ?

 

[Brettus]

I am sooooo jealous of you lot!

I will buy a used one in 2 years ?

You are truly the wisest of us ? we’re just the impatient ones.

 

[Rolfe]

I am sooooo jealous of you lot!

I will buy a used one in 2 years ?

I am actually wondering about that.

 

[Brettus]

I am actually wondering about that.

How do you feel about Orange? ?

 

[TTooed]

Afternoon all - new to the forum and thought I would add my details to the table for info. Ordered through my works lease car scheme.

Name	Ordered	Colour	Dealer	Status
Brettus	June 22nd	Volcano Orange	Acorn Crewe	Late Sept!
Seamust1000	June 24th	Racing Green	Howard's Taunton	Being Built
Bartlett	July 26th	Red	Howard's Yeovil
lsb777	August 21st	Black Pearl	Tusker (dealer TBC)	Est January 24
pickle	August 11th	Racing Green	Sal sac (Dealer TBC)	Est 20/11/23
domsim	August 16th	White	Sal sac (Dealer TBC)	Est October/November
Tycho	August 23rd	Racing Green	Lex (dealer tbc)	Est end Oct
Cymro333	August 25th	White	Tusker (Stonecare)	Est Late November
Sajymundo	August 21st	Racing Green	Lex (Dealer TBC)	Est Nov
TTooed	August 24th	Racing Green	Novuna (Holdcroft MG)	Est 31/10/23

 

[Brettus]