MG MG4
Lease the
MG MG4
from
$
144
$
$
144
$
144
Per Week
MG MG4
Compare Variants

EXCITE 51 125kW
Hatchback
Electric
From
$
144
$
0
$
144
per week

ESSENCE 64 150kW
Hatchback
Electric
From
$
162
$
0
$
162
per week

ESSENCE LONG RANGE 77 180kW
Hatchback
Electric
From
$
176
$
0
$
176
per week

XPOWER
Hatchback
Electric
From
$
189
$
0
$
189
per week
Discover Advanced Technology with an Electric MG4 Novated Lease
With a heritage stretching back to 1924, MG (Morris Garages) has carved out a legacy as one of the most iconic British car brands. For nearly a century, MG has been synonymous with classic, stylish, and affordable vehicles, delivering driving pleasure to generations of car enthusiasts. While historically known for its sleek roadsters and spirited sports cars, MG has evolved with the times, blending its timeless British design with cutting-edge global technology in its modern models.
The MG4 continues this tradition by offering eco-conscious drivers a way to experience the excitement of driving, now with zero emissions and energy-efficient performance. Whether it's the sporty Essence 64, the dynamic Long Range 77, or the high-powered XPower, each model in the MG4 range caters to those who want to make the transition to electric vehicles without breaking the bank. Loved by first-time EV buyers for its affordability and performance, the MG4 strikes a balance between advanced tech and sleek design.
With Leaselab’s novated lease options, you can enjoy tax savings while driving away in your dream MG4, making sustainability and affordability go hand-in-hand.
Take the Stress Out of Leasing with Our MG4 Novated Leases
For MG4 drivers, a novated lease isn’t just about getting the keys to your dream car – it’s about driving away with tax savings. Leaselab makes the entire process effortless, from customising your payment plan to bundling your running costs like fuel, insurance, and registration. MG4 enthusiasts prioritising cutting-edge technology and efficiency will appreciate how a novated lease enables them to save costs while experiencing top-tier electric performance.
Unlock Tax-Savings with a MG4 Novated Lease
Whether you're navigating tight city streets or embarking on a sustainable road trip, the MG4 is designed to impress. With its striking, aerodynamic lines, the MG4 combines British heritage with cutting-edge EV technology, making it the go-to for drivers who crave both style and substance. Offering up to 530km of range in the Long Range 77, or pulse-pounding performance in the XPower, the MG4 blends efficiency with exhilarating power.
A novated lease with Leaselab lets you enjoy tax savings while driving an eco-friendly car, and the federal government’s FBT exemption for zero-emission vehicles sweetens the deal. With Leaselab's MG4 novated lease, you can even bundle running costs like servicing, insurance, and charging into one convenient payment.
Novated Lease Calculator
Estimate your annual tax savings
Thousands in potential savings await you every year, and we want to be the ones to deliver the good news! The information you share is secure and only used for the purposes of an estimate. And please remember these figures are indicative only. Get in touch for personalised numbers based on your unique situation.
The Process
How It Works
A novated lease is a way to pay for your car and its running costs using your pre-tax income, which in the eyes of the ATO reduces your total salary and therefore the amount of tax you pay. It sounds simple, but it’s a total game-changer. Here's how it works in three simple steps.
You + Your Vehicle
Found the car you want? Perfect. Now, instead of you paying for your car outright, you enter into a lease agreement for the car for a fixed period between 1 - 5 years.
You + Your Employer
An agreement is set up between you, your employer and us. Then, your deductions for the lease (including running costs too, if that's what you want) are made by your employer from your pre-tax income. And that reduces the income tax you pay each pay cycle. Plus, your deduction amount is fixed, so you know what you’re paying for your car each month.
You + Leaselab
With a direct line of communication through a dedicated relationship manager, we'll help you navigate any challenges right the way through your lease. Whether it's today or five years from now, we promise you’ll always have the same level of help and service all the way through to the end of your lease.

Frequently Asked Questions
Is an MG4 novated lease the same as a car loan?
For MG4 fans, a novated lease offers more than just a convenient way to drive their favourite eco-friendly vehicle – it maximises financial benefits too. The standout feature of a novated lease is that payments are made using pre-tax income, which typically leads to significant tax savings, making it an appealing choice for those drawn to the MG4’s affordability and efficiency. By comparison, traditional car loans are paid from your post-tax income, which reduces your take-home pay. For eco-conscious drivers who want to leap electric vehicles without breaking the bank, the MG4 combined with a novated lease through Leaselab creates a win-win scenario.
What is included in an MG4 novated lease salary package?
There are a few leasing options to suit your needs. With a ‘basic’ novated lease, you’ll only be responsible for covering the cost of the MG4 itself. Alternatively, for drivers who want all their expenses streamlined, a ‘fully covered’ novated lease can include everything from recharging costs (perfect for your electric MG4), to registration, insurance, tyres, and even routine servicing. Leaselab is here to tailor a leasing solution that aligns with your lifestyle, helping you enjoy all the advanced features of the MG4 while keeping your financial goals on track.
What is the MG4 novated lease residual value?
At the conclusion of your novated lease, the residual value – also called a balloon payment – is the remaining amount you’ll need to pay if you choose to own the vehicle. This figure is determined by the Australian Tax Office (ATO) and is intended to represent the estimated market value of the car at the end of the lease term. The size of this final payment is directly tied to the length of your lease, with longer leases often having a smaller residual value.