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

Matt Brand
June 12, 2024
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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.


  • 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.


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
Matt Brand
Matt Brand, the esteemed car critic from Car Sauce, offers unparalleled expertise on all things automotive. From new car releases to pre-owned options, he provides in-depth analysis and honest evaluations to guide readers through the car-buying process. Join us as he delves into the exciting world of motoring.

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