MG MG3 Auto Core Hatchback
What's in your $150/wk
Everything below is included. We tally it monthly and reconcile annually so the weekly number stays honest.
| Finance repayment | $83.29 |
| Fuel (Plus Visa Card) | $51.92 |
| Comprehensive insurance | $19.23 |
| Rego & CTP | $13.46 |
| Servicing (MG) | $6.73 |
| Tyres | $5.77 |
| Management fee | $6.92 |
| - Less income tax saved | - $37.32 |
| Net cost per week | $150.00 |
Your out-of-pocket savings
Compared to financing the same car on a 5-year car loan + paying running costs from your post-tax salary.
Car loan + cash
$205/wkNovated lease:
$150/wkYou're better off by $55 / week.
That's $2,860 a year. Over 5 years: $14,300.
Petrol, and still pre-tax.
Core Hatchback ($18,100) isn’t electric, so FBT applies – but it’s covered by an after-tax contribution that’s already inside your $150/wk. Finance and running costs still come out of your pay before tax.
$52/wk · all fuel in
Fill up anywhere and pay with the Visa card. At 6.7 L/100km, the MG3 is one of the cheapest cars on our list to keep moving.
10 yr / 250,000 km warranty
MG’s factory cover outlasts any lease term you can choose, so you’re under warranty from the first payment to the last.
FWD · 4 Sp Automatic
82 kW / 150 Nm
6.7 L/100km
5 seats · 5 doors
Petrol
185/65 R15
10 yr / 250,000 km
3-star ANCAP
Full specifications
| Drive away price | $18,100 |
|---|---|
| Body type | Hatchback |
| Fuel | Petrol |
| Engine | 1.5 L · 4 cylinders · 1,498 cc |
| Power | 82 kW |
| Torque | 150 Nm |
| Transmission | 4 Sp Automatic |
| Drive | FWD |
| Fuel consumption | 6.7 L/100km |
| CO2 emissions | 159 g/km |
| Fuel tank | 45 L |
| Seats | 5 |
| Doors | 5 |
| Kerb weight | 1,170 kg |
| Wheelbase | 2,520 mm |
| Front tyres | 185/65 R15 |
| Towing capacity | 200 kg |
| ANCAP rating | 3/5 |
| Warranty | 10 yr / 250,000 km |
Why the MG3 works on a novated lease
The MG3 is the lowest-priced car we lease, which makes it the clearest example of how a novated lease works: one payment from your pre-tax salary covers the car, fuel, insurance, rego, servicing and tyres.
Around 670 km from a 45 L tank and a 1.5 litre engine keep running costs low, and the budget for them is set up front, so a big service or a new set of tyres never lands as a surprise.
Who it suits
- First-time lessees who want the smallest possible hit to take-home pay
- City and suburban drivers doing under 15,000 km a year
- Anyone replacing an ageing second car with something under warranty
Pick a variant above and change your income, kilometres or term to see your own number.
How do you want to move forward?
We’ve drafted the email for you. With this car in it.
Most employers say yes within 48 hours. We’ve made it un-awkward – copy the email, send it, we handle the rest.
Subject: Quick HR thing - novated lease
Hi Sarah,
I've been looking into a novated lease for the MG MG3 Auto. It works out at $150/wk all-in and there's no cost or admin overhead for the business - Positive SP handle everything. I've attached a one-pager…
Or one of these in the same space
Any make, any model. Yes, including the second-hand one your mate's selling.
