Used MG4 salary sacrifice saves £81 monthly over new

How used and new MG4s compare on salary sacrifice cost, with the 4% BiK rate for the 2026/27 tax year.

THRIVE Newsdesk · This Week in Fleet · Issue 5Published
MG4 vs MGS5: Is MG Still the Cheap-EV King in 2026?
Illustration generated for THRIVE

The cheap-EV crown this year isn't about new versus used MG - it's about how much cheaper used gets when the BiK rate doesn't care either way. A used MG4 on salary sacrifice runs £259 a month net against £340 for the new equivalent, an £81 saving that dwarfs the £37 gap on a used-versus-new Tesla Model 3. Both used and new EVs sit on the same 4% BiK rate for 2026/27, so the difference comes from the car's price rather than its tax treatment, while petrol and diesel drivers are still facing rates up to 37%. For fleets chasing salary sacrifice uptake, used MG stock is worth a look. (The Electric Car Scheme)

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