2024 MG 3 Price and Specs: Significant Updates Include Hybrid Option

2024 MG 3 Price and Specs: Significant Updates Include Hybrid Option
Best Price?
CarSauce Buy 2.0 is out now.

The 2024 model of the MG 3 has been introduced in Australia, featuring a marked increase in price and the addition of a hybrid powertrain.

The base model's price has risen from the previous $18,990 drive-away to $23,990 before on-road costs, reaching approximately $26,000 drive-away.

This adjustment in pricing signifies the disappearance of new cars under $20,000 drive-away in Australia, a segment that the MG 3 previously occupied.

Before the pandemic, this model was priced as low as $15,990 drive-away.

The updated MG 3 includes enhancements such as a larger, more robust body, an upgraded interior, and a suite of active safety features, previously unavailable.

This positions the vehicle in a similar category to competitors like the recently updated Toyota Yaris.

The introduction of a hybrid model in the MG 3 lineup, priced at $29,990 plus on-road costs (over $30,000 drive-away), marks a new venture for the model.

This hybrid system pairs a 75kW petrol engine with a 100kW electric motor for a combined output of 155kW.

The petrol model reports a fuel efficiency of 6.0L/100km, while the hybrid achieves 4.3L/100km, necessitating premium unleaded petrol.

New features include 16-inch alloy wheels and a 10.25-inch touchscreen with Apple CarPlay and Android Auto support.

In terms of safety, the new MG 3 model is equipped with a full suite of advanced safety technologies, enhancing its safety profile compared to its predecessor.

Despite changes in the automotive market and price escalations, the MG 3 continues to maintain a strong presence in the Australian light car segment.

The new hybrid model is priced competitively against similar models in its category, including the Toyota Yaris Hybrid.

With the change from a national to a state-based pricing system, the new MG 3's cost will vary depending on regional fees.

This model is expected to be available in showrooms shortly, reflecting the ongoing updates and adaptations in the automotive market.

Pricing

  • 2024 MG 3 Excite: $23,990 (+$5,000 from 2023)
  • 2024 MG 3 Essence: $25,990
  • 2024 MG 3 Hybrid+ Excite: $27,990
  • 2024 MG 3 Hybrid+ Essence: $29,990

All prices exclude on-road costs.

Specs

2024 MG 3 Excite Standard Features:

  • 16-inch alloy wheels with space-saver spare
  • Halogen projector headlights with dusk sensing, LED daytime-running lights
  • 10.25-inch infotainment touchscreen with wired Apple CarPlay and Android Auto, AM/FM radio, Bluetooth
  • 7.0-inch instrument display
  • Push-button start
  • Six-speaker sound system
  • Single-zone climate control with rear air vents
  • Plastic (non-leather) steering wheel covering
  • Fabric seat upholstery
  • Six-way driver and four-way front passenger manual seat adjustment
  • Single-piece folding rear seat bench
  • Four USB ports (one USB-A data/power front, one USB-C power only front, one USB-A charging port for dashcam, and one rear USB-A port)
  • Auto-folding side mirrors with heating
  • Power windows with four one-touch auto down windows, driver's window one-touch auto up
  • Rear-view camera
  • Rear parking sensors
  • Autonomous emergency braking
  • Lane-keep assist
  • Lane-centring assist
  • Adaptive cruise control
  • Blind-spot monitoring
  • Rear cross-traffic alert
  • Traffic sign recognition with overspeed alert
  • Six airbags

2024 MG 3 Hybrid Excite Adds Over Excite:

  • Tyre repair kit
  • Low-speed pedestrian warning sound
  • Rotary gear shifter dial
  • Drive mode selector

2024 MG 3 Essence Adds Over Excite:

  • 360-degree camera
  • Sunroof
  • LED headlights
  • Synthetic leather-look and fabric seat upholstery
  • Leather-trimmed steering wheel
  • Satellite navigation
  • DAB digital radio
  • Keyless entry
  • Rain-sensing wipers
  • MG iSmart app connectivity (one year free)
  • Rear-seat reading lights, map pocket
  • Sunglasses holder

2024 MG 3 Hybrid Essence Adds Over Essence:

  • Tyre repair kit
  • Low-speed pedestrian warning sound
  • Rotary gear shifter dial
  • Drive mode selector
Are you interested in a
MG
and looking for the best price?

FAQ

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

keyboard_arrow_down

Matt Brand
I’m Matt, the Founder and CEO of CarSauce. I kicked things off back in 2020 with "Matt Brand Cars," back when it was just me and a camera trying to change how car reviews were done. Before I traded the corporate suit for steering wheels, I worked in management consulting at KPMG and in the aviation industry after finishing my Commerce degree at Melbourne Uni.‍ That business background helped me turn a passion project into what CarSauce is today, but my real goal is to make sure our reviews stay entertaining and honest. When I’m not deep in car specs, I’m usually on camera trying to keep Jacob in line - though, as you’ve probably seen, that’s easier said than done!
Read more

Other

MG

News

2026 MG ZS 1.5L Vibe: Australia’s Cheapest SUV Returns From $22,990 Drive-Away

2026 MG ZS 1.5L Vibe: Australia’s Cheapest SUV Returns From $22,990 Drive-Away

MG reintroduces the ZS 1.5L Vibe for 2026, priced at $22,990 drive-away, making it the most affordable new SUV in the Australian market.
Jacob Brooke
Feb 6, 2026 10:40 AM
MG MGS5 EV and IM5 Named 2025 ANCAP Safety Top Performers

MG MGS5 EV and IM5 Named 2025 ANCAP Safety Top Performers

MG Motor's MGS5 EV and IM5 have been named 2025 ANCAP Safety Top Performers, leading their classes with 5-star ratings.
Jacob Brooke
Jan 15, 2026 3:17 PM
2026 MG7 Price and Specs: New Turbo Fastback Arrives Under $45k

2026 MG7 Price and Specs: New Turbo Fastback Arrives Under $45k

The 2025 MG7 sedan arrives in Australia priced from $44,990, featuring a 170kW 2.0L turbo engine, 9-speed auto, and adjustable suspension.
Jacob Brooke
Dec 8, 2025 8:48 PM

Other car news

2026 Subaru Trailseeker Electric SUV Confirmed for Australia: Specs and Launch Date

2026 Subaru Trailseeker Electric SUV Confirmed for Australia: Specs and Launch Date

Subaru Australia confirms the 280kW electric Trailseeker SUV for Q2 2026, featuring 533km range and 4.4-second 0-100km/h acceleration.
Jacob Brooke
Feb 6, 2026 2:33 PM
2026 Nissan Navara Price and Specs: A Justifiably More Expensive Triton?

2026 Nissan Navara Price and Specs: A Justifiably More Expensive Triton?

Nissan reveals the D27 Navara for Australia, using local Premcar tuning and higher specs to justify its premium over the Mitsubishi Triton.
Jacob Brooke
Feb 5, 2026 11:00 AM
Toyota RAV4 Sales Slide As Stock Dwindles

Toyota RAV4 Sales Slide As Stock Dwindles

Huge demand for outgoing RAV4 has Toyota running dry ahead of the arrival of the new generation model
Scott Newman
Feb 5, 2026 6:00 AM

Sign up to our newsletter

Be the first to know when we drop new car reviews.

By clicking Sign Up you're confirming that you agree with our Terms and Conditions.
Thank you! Welcome to the Car Sauce community!
Oops! Something went wrong while submitting the form.
© 2024 Car Sauce. All right reserved.
Privacy Policy
Cookie Policy
Terms and Conditions