The MG Cyberster electric convertible could cost over $100,000 when it arrives in Australia in the fourth quarter of 2024, based on the new model's pricing in the UK.
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This week, MG in the UK announced the Cyberster will be sold there in two variants: the single-motor rear-wheel drive Trophy and flagship dual-motor all-wheel drive GT.
Pricing for the Cyberster Trophy starts from £54,995 (A$105,250) before on-road costs, while the Cyberster GT begins at £59,995 (A$114,800).
It's unclear whether MG will offer both variants in Australia, but the company has previously indicated the Cyberster will start at over $100,000 locally but top out below $140,000.
That would make it far and away the most expensive model the brand has offered here since coming under Chinese ownership.
A direct currency conversion of UK pricing doesn't tell the full story, given it excludes on-road costs while the UK also has a 20 per cent Value Added Tax (VAT) compared to Australia's 10 per cent Goods and Services Tax.
Take the MG 4 XPower, for instance. It's priced from £36,495 before on-road costs in the UK, which converts to A$69,850 in Australia.
By comparison, the same car costs $59,990 drive-away in Australia, 14 per cent less than in the UK even before adding its on-road costs.
The UK-spec MG Cyberster Trophy is powered by a rear-mounted electric motor, which produces 231kW of power and 475Nm of torque, fed by a 77kWh battery – though a smaller 64kWh unit is also available in China.
Flagship Cyberster GTs are dual-motor all-wheel drive, increasing outputs to 400kW and 725Nm, and reducing the convertible's 0-100km/h sprint time to just 3.2 seconds.
Content originally sourced from: CarExpert.com.au