MG4 vs Toyota Camry HybridElectric or hybrid: which costs less?
The MG4 Urban 43 is about $10,021 cheaper to own over 5 years than the Toyota Camry Hybrid Ascent. Week to week, charging the MG4 Urban 43 mostly at home in NSW costs about $15.47, against $23.88 of petrol for the Toyota Camry Hybrid Ascent, a running saving of about $437 a year for the EV.
Side by side
Comparing the MG4 Urban 43 and Toyota Camry Hybrid Ascent. Better figure in green. 250 km a week; the EV is charged mostly at home and petrol is NSW's average this week.
| MG4 Urban 43 | Toyota Camry Hybrid Ascent | |
|---|---|---|
| Price | $31,990drive-away | $39,990+ on-roads |
| Type | Electric | Hybrid (petrol) |
| Energy use | 16.5 kWh/100 km | 4 L/100 km |
| Range | 316 km per charge | ≈ 1,250 km per tank |
| Refuel or recharge | Overnight at home, or 150 kW fast charging | A few minutes at any servo |
| Charging or fuel per week (NSW) | $15.47 | $23.88 |
| Servicing per year | $558 | $255 |
| Tyres per year | $390 | $260 |
| Home charger (one-off) | $2,000 | Not needed |
| Length | 4.39 m | 4.92 m |
| Warranty | 10 yrs / 250,000 km (serviced by MG) | 5 yrs / unlimited km |
| 5-year cost to own | $42,753 | $52,774 |
Cost to own = price (plus about $4,000 on-road costs where the price is before on-roads) + a home wallbox for EVs (about $2,000, one-off) + charging or fuel + scheduled servicing + tyres. It leaves out insurance, registration and resale value, which vary too much by person and car to estimate fairly. Resale value is the biggest unknown, especially for newer brands.
Weekly running cost by state
250 km a week. Electricity is each state's 2026–27 default rate; petrol is each capital's average for the week to 21 October 2026.
| State | MG4 (charging) | Toyota Camry Hybrid (petrol) |
|---|---|---|
| NSW | $15.47 | $23.88 |
| Victoria | $13.43 | $23.62 |
| Queensland | $13.28 | $23.74 |
| South Australia | $18.44 | $23.33 |
| WA | $15.25 | $23.52 |
| Tasmania | $12.09 | $24.58 |
| ACT | $16.62 | $24.63 |
| NT | $14.06 | $24.51 |
Common questions
Is the MG4 or Toyota Camry Hybrid cheaper to own?
The MG4 Urban 43 is about $10,021 cheaper to own over 5 years than the Toyota Camry Hybrid Ascent. This counts the price, a home charger for the EV, charging or fuel, servicing and tyres, driving 250 km a week in NSW.
Which is cheaper to run each week, the MG4 or Toyota Camry Hybrid?
In NSW, the MG4 Urban 43 costs about $15.47 a week to charge mostly at home, and the Toyota Camry Hybrid Ascent about $23.88 a week in petrol, for 250 km of driving.
Do I need a home charger for the MG4?
Not necessarily. A normal power point adds roughly 150 km overnight, which covers most daily driving. A wallbox typically costs $1,000–$3,000 installed and charges about three times faster.
More comparisons
MG4 against hybrids and plug-ins
Toyota Camry Hybrid against EVs
- Toyota Camry Hybrid vs MG4
- Toyota Camry Hybrid vs Tesla Model 3
- Toyota Camry Hybrid vs Hyundai Inster
- Toyota Camry Hybrid vs BYD Dolphin
- Toyota Camry Hybrid vs BYD Seal
- Toyota Camry Hybrid vs Kia EV4
- Toyota Camry Hybrid vs Leapmotor B10
- Toyota Camry Hybrid vs GAC Aion UT
- Toyota Camry Hybrid vs Mazda 6e
- Toyota Camry Hybrid vs Leapmotor B05
How we work it out
Weekly cost is the car's claimed energy use (kWh per 100 km) × your distance × your electricity price. "Per week" figures on this site assume 250 km a week with 90% of charging at home. Petrol comparisons use the fuel use and price you choose. Prices are list prices at October 2026 and change often; check with the dealer.
- Electricity: 2026–27 default or regulated flat rates from the AER Default Market Offer (NSW, SE QLD, SA), Victorian Default Offer, Aurora Energy (TAS), Jacana Energy (NT), Synergy (WA) and ActewAGL (ACT).
- Public charging: Sydney survey of Chargefox, Evie, NRMA, Tesla and BP Pulse prices, July 2026.
- Car specs and prices: manufacturer figures as published by CarExpert, AEVA EV fact sheets, Drive and EV Central's car guide. Some prices are the publisher's estimates; check with a dealer.
- Servicing: published capped-price schedules (BYD Sealion 7, BYD Seal, Geely EX5, Jaecoo J5 EV, Kia EV5, Zeekr 7X). Tesla has no fixed service schedule and CarExpert's EV servicing comparison. Where a model's pricing isn't published yet we use the brand's nearest model and mark it as an estimate.
- Tyres: RACV puts EV tyre life at 20,000–40,000 km; replacement set prices from Gridly's 2026 EV tyre cost guide.
- Petrol: ACCC average retail unleaded prices in each capital city, week to 21 October 2026 (ACCC weekly fuel price monitoring).
- Plug-in hybrids: prices, battery sizes and claimed electric range from CarExpert, Cars24, Zecar and The Beep. Real-world electric range is taken as 80% of the claim; plug-ins charged at home each night are assumed to do up to 85% of driving on electricity. Petrol use with a flat battery is our estimate from reviews where makers don't publish one.
- Hybrids: claimed fuel use, prices and capped-price servicing as published by CarExpert and CarsGuide. Petrol and hybrid tyres usually last 40,000–60,000 km (RACV); we use 50,000 km.
- Home chargers: typically $1,000–$3,000 installed, about $2,000 typical (What's the Damage, October 2026).
- Novated lease rules: PwC summary of the May 2026 FBT changes.