MG MG5 1.Generation Electric - Costs

Monthly costs for MG MG5 1.Generation Electric

MG MG5 1.Generation  Electric

Find out the projected monthly maintenance cost for one MG MG5 1.Generation Electric with tax, running costs, insurance and workshop costs. If you would like to lease a MG MG5 1.Generation Electric, 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 1250 €.

With a lease term of 48 months and a monthly lease payment of 259 € with 10000 km mileage per year, there are fixed leasing costs of 19682 €.

Did you know? Immediately available vehicles like this one are usually a bit more expensive than order vehicles, because here the dealer calculates a surcharge for the storage / display of the vehicle into the offer.

MG MG5 1.Generation Electric Total cost & lease factor

Calculation basis

The lease payment is 259 € per month for a term of 48 months, so it is an average-priced offer. Can we still talk about a leasing deal for the MG MG5? The decisive factor is the leasing factor, which is calculated by dividing the leasing rate by the gross list price.

To the monthly leasing rate must also be added the additional costs, such as transfer and registration. With 7250 €, the dealer makes here again a neat surcharge. Dividing the total costs (leasing costs + fixed costs = 19682 €) by the number of months (for this offer: 48 months) gives the monthly effective costs. If you then divide this amount by the gross list price of 36140 €, you get the leasing factor. This MG MG5 gives an effective leasing factor of 1.13, so it's a rather expensive leased vehicle. A leasing comparison with other deals is worthwhile.

Fixed costs

Leasing rates / 48 months

12.432,00 €

Transfer / Approval

7.250,00 €

+

Total cost

19.682,00 €

Leasing factor

Total cost

19.682,00 €

Runtime

48 Months

÷

Leasing rate

259,00 €
(217,65 € netto)

Effective leasing rate

410,04 €
(344,57 € netto)

Bruttolistenpreis

36.140,00 €


Leasing factor

0.72

Effective leasing rate

1.13

MG MG5 1.Generation Electric Cost per kilometer

Calculation basis

The costs per kilometer are decisive in kilometer leasing, especially if they have to be borne privately. With a monthly leasing rate of 259 €, the MG MG5 1.Generation Electric is already somewhat expensive anyway. 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 48 months at the most favorable lease price . The cost of operating the vehicle, an electric car, so the cost of electricity,. In the transfer and registration, the dealer of this offer must apparently increased effort, the cost of which is 7250 €. The final assessment of this offer: Due to the high cost per kilometer in the amount of 0.49 EUR, and the high effective leasing factor, we can unfortunately not make a recommendation for this offer.

The previous costs are now summed and divided by the number of inclusive kilometers (10000 km multiplied by the term 48 months).

Fixed operating costs
+

Costs p.a. (excl. leasing)

7.250,00 €

Actual cost / Km

Fixed operating costs

7.250,00 €

Lease payments Total

12.432,00 €

+

Total cost

19.682,00 €

Total kilometers

40.000,00

÷

Cost / Km (only leasing)

0,49 €

Cumulative total cost / Km

0,49 €

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