News : Lease an MG6 for £250 per month

Carole Nash Classic Insurance Specialists

MG dealers will be offering buyers a chance to pick up a new 6  for £250 per month on its new contract hire scheme, MG Lease. The scheme will be offered throughout MG’s dealer network, and will be initially offered on the MG6 fastback in S and SE form, with the TSE to follow ‘within a few months’.

A three-year 30,000-mile contract hire agreement on an MG6 fastback S, including metallic paint, has a first payment of £734.97 + VAT and 35 monthly payments of £249.99 + VAT.  These rates are supported by ALD Automotive, Europe’s second largest contract hire provider, which manages more than 900,000 vehicles worldwide.

Richard Bourton, MG Motor UK’s Regional Operations Manager in charge of MG Lease, said: ‘There is a huge potential for the MG6 to be marketed to the ‘user chooser’ company drivers who want to be seen to be driving something different from their colleagues.’ He added, somewhat mischievously, considering the 6 isn’t a rival to Ford and Vauxhall’s D-segment cars, ‘The distinctive MG6 will certainly stand out from the crowd in the company car park which is often dominated by Mondeo and Insignia models. I think the MG will have big appeal.’

This move comes in addition to the zero per cent deal on S-trim MG6 GT models (with a minimum 40 per cent deposit and payments from £154.55 spread over 60 months) and 3.7 per cent APR scheme available on all MG6 GT and MG6 Magnette models (with a 10 per cent deposit and payments from £249.00 spread over 60 months) offered to private purchasers which were announced earlier this week. Hopefully, all three deals will lift the MG6’s currently unexceptional sales figures…

Keith Adams

Keith Adams

Editor and creator AROnline at AROnline
Created www.austin-rover.co.uk in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.

Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...

Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Keith Adams

55 Comments

  1. Surely though a big petrol engine will scupper the chances of business users?
    This is where the likes of bmw clean up by offering their “efficient dynamics” efforts.

  2. Also, the private lease seems a good deal, but requires a 40% deposit (over £6k based on OTR price) which could be used to get a well sorted used car.

  3. This is good news. People have said on here they want to lease one, well now is the time to put your money (or someone else s) where your mouth is!

    I can see Richard Bourton’s point. Company car drivers with a sense of individuality may well choose a 6 over a Mondeo or Insignia as it is different. When my father was allowed to choose his car he deliberately chose the (just launched) 307CC as no one else had one (he even stipulated he wanted one of the first off the boat!)he felt that being individual was a good thing and something that people took notice of.

    The boot space in a 6 is only 20 odd litres behind the Mondeo and Insignia but the car itself is a lot shorter and therefore damn easier to park -who wants to be late for a meeting just because they couldn’t find a space big enough for their car?!

    I’m very keen to see how this develops. A Late but welcome option.

  4. Ben

    The 307CC is certainly distinctive. The MG ZS would certainly be distinctive, but alas the MG6 just looks like an ordinary 5 door hatch.

  5. £249 is a pretty good lease cost for such a car, company car tax aside, I can see this being an attractive choice for some people who might otherwis be able to get run of the mill Focus/Astra type models for similar costs.

  6. @6 i agree,normally always a “barclays banker” drives a 3 series,trouble is they are now mainstream,and another thing,i think the insignia is a great looking car.

  7. £250 doesn’t buy you much on a lease but for business users it makes no sense due to the emmissions making the company car tax expensive. Still it’s good to see the finance companies have some faith in the product as the price is competitive. Things are starting to line up nicely for the diesel version now which could be as good value as retained value should be better than the petrol.

  8. XJ? Check this out:

    35 Monthly Rentals £599 excl. VAT
    Initial Payment £1,797 excl. VAT
    Miles per annum 10,000
    Payment profile 3+35
    Contract type Non-maintained

    I am off to the local Jag dealer for a great deal.

  9. Why do people want a 3 series? They make more of them than Ford make Mondeo’s? Exclusive and luxury – my a*** as Jim Royal would say. Still don’t see this shifting any more until the diesel engine arrives.

  10. You can lease a C-class for £249+vat but I am surprised the MG6 lease price is so low, as the depreciation is bound to be massive which normally drives up the monthly cost, look at the cost of leasing a Chevrolet, which also has a poor residue value.

  11. Just done 400 motorway miles today and every other car was a B.M.blooming W. So be exclusive and drive something else. Mind you the highlight of the trip was on the M25 clockwise near Heathrow was a very nice Starlight Silver / Smokestone int ’54 plate 75 V8 Connoisseur SE. Daddy and young daughter in front. Mummy and young son in the back. Very nice ride 😉

  12. @18 The point was not about buying private and losing loads, but about its lease price, which is based on its value at the end of the lease, other budget cars cost silly money to lease as they are pretty much worthless at 3 years, which means they are either expecting it to have a decent a 3 years or they are getting a big discount, which is probably the case.

    Still can’t see anyone leasing one, my company for a start only allow diesels which can achieve a certain mpg.

    Plus the fact the rear is ugly, doesn’t look too bad until you see it from behind, the tiny little badge doesn’t help.

  13. @ daveh the BMW 3 series cars handle very very well, they go like rockets, and use bugger all fuel even with a decent trailer on, rear wheel drive, and a very tight turning circle. the BMW 3 series is a very good car, we have a ’95 318, I would rather have bought a Rover 25, but the BMW unfortunately is a better car (it doesnt have as nice interior as a rover)…I am dissapointed to have had to go to a BMW….but I think the Poms need to pump out a really good 3 series beater car, one that captures the 2010 equivalent of the triump dolomite sprint / BMW 2002 etc. Ive never driven a late or MG6 ZR, ZS, MG they probably are good…..but the MG6 styling it puts me off still….the Jaguar XF/XJ are great looking cars but too big. alex

  14. @21 – totally agree. Coming at the end of the year by which time the car will be what?? 18months in the UK and 3years in China?

    I do predict though that the second generation of MG/Roewe’s will be much better styled a la Kia/Hyundai and sell better. The problem they have at the moment is:

    a) no diesel
    b) no advertising
    c) limited dealer network which is loosing dealers
    d) no USP

  15. @22 – Name me one Manufacturer who truly has a real “USP”?

    It’s nothing more than another term for marketing garbage. Problem is, and I agree with you, MG havent even bothered to make up a USP like everyone else.

    You don;t have to actually have a USP, you just need to say you have one and that reels people in.

    For example…. KIA’s 7 year warranty… USP? or cynical marketing ploy? Hands up here who keeps their new cars 7 years? I thought so…With KIA, given how expensive the new C’eed is to be, a new customer is effectively paying over the odds so some used buyer in the dim and distant future has the pleasure of the warranty they’ve just forked out for. Still, seems to attract people on that basis alone.

    It’s all in the image and that comes down simply to marketing, whether they do down the quirky anti-fashion that Skoda chose, or the Sporty intentions that SEAT chose, doesnt have to be true, it just needs to portray it on the TV and in the Mags.

  16. I also don’t see this changing the volumes sold of the 1.8. The diesel is needed now to capitalise on the BTCC.

    The BM is a good but why an Audi? The BM handles better, is cheaper to run, looks better and is just as well built. Same with the Merc. Heck, even SEAT can do a better job at building an A4 than Audi can!

  17. @5 Ben Adams,
    How big is a litre of air? Can’t you just say it in square feet. Is my wif’s Maltese terrier as big as a litre of air? If so, she could be interested in an MG

  18. @24 not sure how you can say the A4 is not well built, the interior fit an finish is the best in the industry, as with all audi’s, The last 2 C classes have been well below standards for a premium brand. The BM will always have the upper hand on handling as that is what BMW do and they have some superbly efficient engines, but the audi interior is a nicer place to be, and the engines are still some of the best around, especially with the S-tronic gear box. One reason why Audi have several top spots in the top 10 cars with least depreciation.

  19. @23 – at a time when the playing field is more level, a unique selling point becomes something a little different.

    BMW with its fantastic all round 320D which few can match in terms of the chassis, power and economy – surely that’s a USP?

    KIA (?) with its 7 year comprehensive warranty – surely that’s a USP?

    Ford with their 3 cylinder, 1 litre, EcoBoost engine matching a 2 litre petrol in terms of power but with huge economy and road tax savings – surely that’s a USP?

    Ford with their adaptive cruise control, HMI and auto-park – surely all USP’s at price point?

    This is 2012 and not 1992!

  20. @26 – stick with the Favorit. Some might go for a fantastic RWD car with appropriate tyres for the conditions. FWD can be equally rubbish with naff tyres.

  21. I don’t think you can compare a 3 series to an MG 6, not even close. For a start a 3 series costs £10k more. My wife has a 320d efficient dynamics edition. This is probably the best all round car in the real world. It’s comfy, well made, costs £20 a year to tax, does 60+mpg, holds it’s value supremely well, handles well and if you fit winter tyres is fantastic in the snow.

    That’s why people buy a 3 series. The MG6 is not really designed to be a 3 series rival.

  22. It will fail, because company car drivers want MPG as well as low lease figures, and low road fund licence! Still no diesel option. Come on MG, pull your bloody finger out before all your dealers go bankrupt! This company has to be run by the biggest bunch of inept losers since British Leyland. 40% deposit on the finance deals too??? Who are they kidding??? The only way they will shift them, is if they start slashing the list prices by at least 30% to their true worth, then do 0% finance with a max 20% deposit.

  23. @25 Considering that a Litre is a measure of volume (like cubic feet) rather than a measure of area (which is what square feet is) your question makes no sense. For the record 20 litres is equal to 0.7 cubic feet.

  24. @28 I agree those things could be seen as USP’s but are they really? It’s like saying “our car looks better in white than a BMW – that’s its USP…” I agree the 320D is a good car if thats what you want. The KIA warranty is good – if youy need it. However, USP’s? They are really just marketinmg ploys at the end of the day. I agree MG need to begin making people believe they have one. Whether they have to be based on reality or perception really doesn’t matter. Take for example the KIA 7 year warranty, yes, it’s unique, but does it make a jot of difference to most people? I suspect not, but it does get the punters in and sells cars so in that respect I am not criticising the concept of a USP. It still boils down to hw clever you are at marketing whatever USP’s you have made up. Take the VW Up! – VW and the press alike are becoming hysterical about how unique and fantastic this car is? …. is it? Of course it isn’t. I’ve seen and driven, and whilst nice, it offers absolutely nothing more than most other cars in the same class. It’s not particulary spacious, not particularly fast, doesn’t drive outstandingly, the materials are really not that great and it’s really not that cheap. Yet, here we are… the press would have us believe it’s the best small car ever to grace our roads, and people will flock to it on that basis alone.

    Basically, Good Marketing + friendly press + plenty of dealers = selling cars.

  25. @33 – yes, fair play, I see it from your perspective.

    For me, taking the Kia 7 year warranty as an example, you’re quite right in that most people will not keep a car long enough to enjoy the warranty, but it does offer a cost-conscious buyer some comfort and also helps resale values as the second hand buyer also has more confidence and might be prepared to pay a touch more for the peace of mind.

    That, to my mind, makes the extended warranty a USP over an equivalent product from, say, Renault but perhaps not a material leap over cars from other manufacturers (but it does also mean Kia will presumably retain the servicing returns for that period too!).

    My point about the BMW 320D is that it is acknowledged in pretty much every area as the best in class in most areas – surely that’s a raft of USP’s even if the car itself isn’t to everyones taste? I would much rather have a Mondeo which provides much more kit and space for the money, but on paper the Beemer blows it out of the water.

    I agree wholeheartedly about VW’s clever marketing as people (including me) are suckered by the fantastic reputation subconsciously implanted by genius advertising when the products are in some instances below par.

    The issue here is that MG seems to lack any sort of USP whether clever marketing, warranty, interesting gadgets to talk about, or even an engine that offers running costs comparable with its competition…which is a shame.

  26. @33 – but I still think that…

    Ford with their 3 cylinder, 1 litre, EcoBoost engine matching a 2 litre petrol in terms of power but with huge economy and road tax savings

    Ford with their adaptive cruise control, HMI and auto-park

    …are USP’s and not marketing ploys as these are things either not available from other manufacturers or not at the price point.

    We’ll have to agree to differ on that 😉

    All the best

    John

  27. @34 maybe MG dont do bullshit!? and @33 i think you nailed the point shut as regards the VW up!how is it better than an old lupo,twingo or an I.Q? Everyone in the motoring press may blow off about the 3 series but a diesel mondeo can do the same with more room.cars are cars some good some bad

  28. @25 Tom Sinclair

    I only quoted the publicly available figures for the cars, I don’t know the actual dimensions but visually I can say the boot spaces on both the GT and the Magnette are very very good, I would challenge anyone who claims to ‘need’ an Estate car to try them out. My Nans wheelchair would easily fold up and fit in either of them, something that is a struggle in a MK1 Focus hatchback.

  29. “It will fail, because company car drivers want MPG as well as low lease figures, and low road fund licence!”

    Not all Contract Hire drivers are “company car drivers”. RFL is included in Contract Hire, unless MG have somehow acted differently to every other deal out there. And many of us don’t care about MPG that much if the car is compelling enough – RX8s were massively popular when under £300/month to contract hire.

    But I assume you’ve never contract hired, if you think that RFL was a valid point 😉

  30. @36 Maybe MG don’t do bullshit, but if they don’t do something interesting they won’t be doing cars for much longer either.

    I have no idea what a VW Up is, but from the comparisons I expect it will be small, bland and insignificant but, with clever advertising it will doubtless sell in millions.

  31. RFL is not a real issue for any driver as MG give you three years free road tax anyway. I think some people will NEVER buy one and just look for issues.

  32. I don’t wish MG any harm, but I can assure you I wouldn’t waste my money on this. No diesel, no auto so no use to me. Sorry.

    PS I’ve sat in a VW Up. Don’t get it at all. A decent specced one is the same price as a Polo.

  33. The problem is that bmw engineer their cars to work around company car tax laws, so leasing one of the “efficient dynamics” 3 serieses is cheaper than leasing a Mondeo.
    Plus the perceived “loadsamoneyyy” effect that it has on neighbours and other motorists make it a popular option on corporate lease hire plans.

  34. “I don’t wish MG any harm, but I can assure you I wouldn’t waste my money on this. No diesel, no auto so no use to me. Sorry.”

    Actually, I’m not sorry and if this is the best that they can do then MG should be left to die quietly. I’ve had a good look at them and they make and Insignia (or even a Mondeo) look attractive. I buy nearly new and keep my cars for 6 – 8 years depending on how they go and how many miles I put on them. I can’t see any reason to buy an MG over a 3 series or even a Honda Accord for that matter.

    I can get a low mileage BMW 318/320D for about £16,000 at 2 years old from Fords of Winsford, a 2 year old C Class can be had for similar prices and the heavy depreciation has been taken by the previous owner. In 3 years time it will be worth 3 times more than an MG if I decide to change it. It will also do well over 50mpg and probably be more reliable. I’m not particularly a fan of BMW/Merc/Audi but if I’m spending my own cash, I want value for it.

    The interior of an MG looks like it was made by Amstrad and I would much rather spend my driving time behind the wheel of a mainstream BMW / Audi / Honda / Mazda than one of these. As for street cred, any of your neighbours who know anything about will be trying not to laugh. The only people who might be tempted to buy are beardie pensioners who remember driving a Magnette in the 50s.

    Unless MG can produce a truly competitive car then they are doomed and will not even be able to sell to the minicab trade because there is no diesel. I personally would not touch one with an 11 foot bargepole (the one I use for things I would not touch with a 10′ bargepole).

  35. But then the point of lease is that you don’t worry about depreciation etc. as it is all taken into account with the lease price. (another reason why these germanic boxes are all over the shop).

  36. If you had 16k to blow outright,what would you buy?an MG6 or a 30k + miles A4 with the DPF and dual mass flywheel waiting to fail round the corner oh and dont worry the warranty on the audi will be arsewipe.

  37. Spotted in the adverts on the front page of this very website – a new Mazda 6 for £265 per month. Makes this thing look very dear.

  38. word is that the 2012 model has been made more efficient saving £70 on road tax and 2.1 MPG on the fuel.. Performance unchanged.

  39. The 6, with a slight nip and tuck (like new lights at the back that don’t look like aftermarket units, removal of the cheap and awful red/silver MG6 badge and a few interior improvements) would be a competitive car against an Insignia or Octavia. Not necessarily better but an alternative choice. I agree that not all contract hire buyers are simply after economy or emissions, I never have been. For example, I think the 1.6 Petrol Octavia range is the best buy of the lot because you get a great price, a decent performer and reasonable economy in a great all round car- who cares that you still pay £100-odd for tax every year, I’ve been driving nearly 20 years and I’ve always had to pay £100-odd so it’s no great pain to me to carry on. I could be suckered in and get an Octavia greenline, but that could cost me 30-40% more to buy.

    The whole emissions/mpg issue from a car choice perspective is one massive con. Look at the poor Prius buyers, they get very very mediocre MPG (you could probably better the MPG in a 1.6 Petrol Octavia if you drove efficiently) and yet it costs a fortune, looks awful and has a tendency to run Granny over in Waitrose’s car park if she hasn’t got her hearing aid turned up to max….

    You might pay a bit more in company car tax with a 6 but on a car costing £16k-ish, that’s really not much and I suspect most people with a 6 on their list will be just shy of the 40% tax bracket too so savings there also.

  40. The Prius is largely a con because in addition to the woeful experience, economy and performance, it’s hideously bad for the environment. Any new car is awful for the environment as it is; at least a couple of years ago a new car was equal to the impact of running an existing one for 10 years in some regards (energy to produce, shipping, mineral and oil consumption). The Prius adds a lot of horrid chemicals with only minor benefits for local pollution levels. Cars like the Ampera are better – they can do a commute run for most users without touching the IC engine.

    • Richard,

      I have doubts the Ampera is any better in total than the Prius. For a start the issue with the batteries is worse in the Ampera than the comparatively small units in the Prius. On the other hand, producing a kWh of electric power here in Germany produces about 570g of CO2. So taking the official figure of 16.9kWH/100km Opel gives for the Ampera, it will emit 96.3g CO2 per km. The official figures for the Prius are slightly better at 92g/km. Real life values will deviate, often to the worse, but that will happen for both. Currently it can be said that both are equally as bad for the environment. Of course the CO2 emissions of the Ampera will be much lower if you live in France (atomic power generation) or Sweden (water turbines)…

      The matter of storing electic energy will be the breaking point for driving electric cars – the now used Li-Ion batteries are no solution for large scale application. Until then units like the Fiat TwinAir engine will give a good compromise between mobility and use of resources.

  41. @53 that’s £100 deposit to say you want to buy one though, not a £100 deposit and the rest on finance.

    I think the Dacia will do well, as it cheap motoring, and made to be robust and from proven parts.

    Where else can you get a 4×4 for £12k not even a suzuki Jimny is that cheap.

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