5-year running cost · 15,000 km/yr · NSW
MG MG4 EssenceVSBMW X1 sDrive20i
The MG MG4 Essence is cheaper to run — by $29,155 over 5 years (42% lower total cost), driven mostly by depreciation.
- 5-yr cheaper total
- $40,496
- MG MG4 Essence
- Saving vs rival
- $29,155
- 42% lower
- Cost per km
- $1
- vs $1
- Saving per year
- $5,831
- on average
Tale of the tape
Headline specs and running costs side by side.
| Metric | ⚡ MG MG4 Essence | ⛽ BMW X1 sDrive20i |
|---|---|---|
| Driveaway price | $46,990 | $75,900 |
| Powertrain | Electric (BEV) | Petrol · ULP 95 |
| Efficiency | 17.5 kWh/100km | 7.5 L/100km |
| Battery / fuel | 64.0 kWh battery | Petrol · ULP 95 |
| Range | ~360 km real-world | — |
| Annual energy / fuel | $580 | $2,531 |
Run the numbers yourself
interactivePre-loaded with the MG MG4 Essence and BMW X1 sDrive20i. Adjust the state, annual distance, ownership period and charging mix to match your situation.
EV Running Cost Calculator
Compare the true 5-year ownership cost of an electric car vs its petrol equivalent in Australia.
Ownership period
Electric
MG MG4 Essence
- Energy / Fuel
- $2,901
- Registration
- $2,500
- Insurance
- $7,500
- Servicing
- $1,750
- Depreciation
- $25,845
5-Year Total
$40,496
$1/km · $8,099/yr
Petrol
BMW X1 sDrive20i
- Energy / Fuel
- $9,686
- Registration
- $2,500
- Insurance
- $7,500
- Servicing
- $2,750
- Depreciation
- $15,296
5-Year Total
$37,732
$1/km · $7,546/yr
5-Year Cost Breakdown
Energy / Fuel
Registration
Insurance
Servicing
Depreciation
5-year cost breakdown
Every category, both vehicles, and the difference.
| Category | MG MG4 Essence | BMW X1 sDrive20i | Difference |
|---|---|---|---|
| Energy / fuel | $2,901 | $12,656 | −$9,755 |
| Registration | $2,500 | $2,500 | — |
| Insurance | $7,500 | $10,000 | −$2,500 |
| Servicing | $1,750 | $2,750 | −$1,000 |
| Depreciation | $25,845 | $41,745 | −$15,900 |
| Total (5 yrs) | $40,496 | $69,651 | $29,155 |
Which is cheaper to run?
Over 5 years of average Australian driving (15,000 km/year in NSW), the MG MG4 Essence costs $40,496 to own and run, against $69,651 for the BMW X1 sDrive20i. That is a $29,155 difference — about $5,831 a year, or $486 a month.
The single biggest swing is depreciation: across 5 years the gap is $15,900. Energy is where electric cars usually win — charging at home (especially on solar or off-peak rates) costs a fraction of petrol per kilometre — while the BMW X1 sDrive20i's higher purchase price can narrow the gap through depreciation.
Estimates use average NSW electricity and fuel prices, typical insurance and servicing for this segment, and a 5-year depreciation model. Your numbers will vary with tariffs, driving style and resale values — use the calculator above for a tailored figure.
FAQ
- Is the MG MG4 Essence cheaper to run than the BMW X1 sDrive20i?
- Yes. Based on 15,000 km/year over 5 years in NSW, the MG MG4 Essence costs $40,496 to run versus $69,651 for the BMW X1 sDrive20i — a saving of $29,155 (42%). The biggest difference is depreciation.
- How much does it cost to run the MG MG4 Essence per year in Australia?
- Around $8,099 per year ($1/km), covering energy, registration, insurance, servicing and depreciation at 15,000 km/year in NSW.
- How much can I save switching from the BMW X1 sDrive20i to the MG MG4 Essence?
- About $29,155 over 5 years — roughly $5,831 per year. Use the calculator above to adjust the state, annual distance and charging mix for your situation.