MG IM5 1. Generation 100 Long Range - Costs

Monthly costs for MG IM5 1. Generation 100 Long Range

MG IM5 1. Generation  100 Long Range

Find out the projected monthly maintenance cost for one MG IM5 1. Generation 100 Long Range with tax, running costs, insurance and workshop costs. If you would like to lease a MG IM5 1. Generation 100 Long Range, you may need to consider not only the monthly lease payment, but also the other costs incurred. For this offer, for example, transfer costs in the amount of 990 €.

With a lease term of 60 months and a monthly lease payment of 499 € with 5000 km mileage per year, there are fixed leasing costs of 30930 €.

MG IM5 1. Generation 100 Long Range Total cost & lease factor

Calculation basis

With a lease rate of 499 € per month for a term of 60 months, the MG IM5 offer is a rather expensive one. Can it still be a leasing deal? The decisive factor here is the leasing factor, which is calculated by dividing the leasing rate by the gross list price.

The monthly leasing rate must also be supplemented by ancillary costs, e.g. transfer and registration. However, these costs are kept within limits with this offer at 990 €. Dividing the total costs (leasing costs + fixed costs = 30930 €) by the number of months (for this offer: 60 months) gives the monthly effective costs. If you then divide this amount by the gross list price of 53990 €, you get the leasing factor. With this MG IM5 results in an effective leasing factor of 0.95, the leased vehicle is therefore average value for money, it may be worthwhile to make a further leasing comparison.

Fixed costs

Leasing rates / 60 months

29.940,00 €

Transfer / Approval

990,00 €

+

Total cost

30.930,00 €

Leasing factor

Total cost

30.930,00 €

Runtime

60 Months

÷

Leasing rate

499,00 €
(419,33 € netto)

Effective leasing rate

515,50 €
(433,19 € netto)

Bruttolistenpreis

53.990,00 €


Leasing factor

0.92

Effective leasing rate

0.95

MG IM5 1. Generation 100 Long Range Cost per kilometer

Calculation basis

The costs per kilometer are decisive in kilometer leasing, especially if they have to be carried privately. Due to the monthly leasing rate of 499 €, the MG IM5 1. Generation 100 Long Range is already one of the quite expensive vehicles on German roads. When calculating the costs per kilometer, however, a distinction should still be made between a rather short leasing period (2 - 3 years) and a longer one (4 - 6 years). For simplicity, we ignore this difference in the following calculation example and assume a lease term of 60 months at the most favorable lease price . The cost of operating the vehicle, an electric car, so the cost of electricity,. The total invoice for this offer also includes the transfer and registration costs in the amount of 990 € (one-time). The final assessment of this offer: rather high cost per kilometer (1.24 EUR) meets a rather high effective leasing factor of 0.95. You should only accept this offer if you want this car from this dealer.

The previous costs are now summed and divided by the number of inclusive kilometers (5000 km multiplied by the term 60 months).

Voraussichtliche Fix + Betriebskosten über die Haltedauer
+

Voraussichtliche Nebenkosten

990,00 €

Actual cost / Km

Voraussichtliche Fix + Betriebskosten über die Haltedauer

990,00 €

Lease payments Total

29.940,00 €

+

Total cost

30.930,00 €

Total kilometers

25.000,00

÷

Cost / Km (only leasing)

1,24 €

Cumulative total cost / Km

1,24 €

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