5-year running cost · 15,000 km/yr · NSW
MG MG4 EssenceVSToyota Camry Ascent 2.5
The MG MG4 Essence is cheaper to run — by $1,250 over 5 years (3% lower total cost), driven mostly by energy / fuel.
- 5-yr cheaper total
- $40,496
- MG MG4 Essence
- Saving vs rival
- $1,250
- 3% lower
- Cost per km
- $1
- vs $1
- Saving per year
- $250
- on average
Tale of the tape
Headline specs and running costs side by side.
| Metric | ⚡ MG MG4 Essence | ⛽ Toyota Camry Ascent 2.5 |
|---|---|---|
| Driveaway price | $46,990 | $42,990 |
| Powertrain | Electric (BEV) | Petrol · ULP 91 |
| Efficiency | 17.5 kWh/100km | 8.0 L/100km |
| Battery / fuel | 64.0 kWh battery | Petrol · ULP 91 |
| Range | ~360 km real-world | — |
| Annual energy / fuel | $580 | $2,460 |
Run the numbers yourself
interactivePre-loaded with the MG MG4 Essence and Toyota Camry Ascent 2.5. 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
Toyota Camry Ascent 2.5
- 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 | Toyota Camry Ascent 2.5 | Difference |
|---|---|---|---|
| Energy / fuel | $2,901 | $12,300 | −$9,399 |
| Registration | $2,500 | $2,500 | — |
| Insurance | $7,500 | $7,000 | +$500 |
| Servicing | $1,750 | $2,750 | −$1,000 |
| Depreciation | $25,845 | $17,196 | +$8,649 |
| Total (5 yrs) | $40,496 | $41,746 | $1,250 |
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 $41,746 for the Toyota Camry Ascent 2.5. That is a $1,250 difference — about $250 a year, or $21 a month.
The single biggest swing is energy / fuel: across 5 years the gap is $9,399. 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 Toyota Camry Ascent 2.5'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 Toyota Camry Ascent 2.5?
- Yes. Based on 15,000 km/year over 5 years in NSW, the MG MG4 Essence costs $40,496 to run versus $41,746 for the Toyota Camry Ascent 2.5 — a saving of $1,250 (3%). The biggest difference is energy / fuel.
- 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 Toyota Camry Ascent 2.5 to the MG MG4 Essence?
- About $1,250 over 5 years — roughly $250 per year. Use the calculator above to adjust the state, annual distance and charging mix for your situation.