2014 MG3 receives low Group 4E insurance rating

Article by Anita Panait, on August 28, 2013

The new MG3 has earned a class leading Group 4E insurance rating. The rating is good news to young drivers who find the cost of car insurance prohibitively high. The fun-to-drive and stylish MG3 will be available for sale in mid-September and carmaker is now taking pre-order deposits. Despite the low insurance rating, the new MG3 still boasts of having 106PS in power output, and yet is less expensive than similarly powered cars.

Likewise the MG3’s 106PS power output is more powerful than rival cars could offer. The MG3 3TIME entry model carries a starting price of just £8,399, while the top-of-the-range MG3 3STYLE has a tag of £9,999. The figures for the MG3 show that offers better specs than models in the same insurance group. For instance, 1.2-litre Hyundai i20 ‘Classic’ offers just 84PS and yet has a price of £9,995. The 1.2-litre VW Polo ‘S’ delivers just 60PS and costs significantly higher at £11,395.

On the other hand, the 1.0-liter Toyota Yaris ‘T2’ and ‘TR’ models provide 69PS and have starting price of £10,695. Likewise, new MG3 is in a lower insurance group than similarly powered cars like Vauxhall Corsa models which are in Groups 8 and 9, and many VW Polo models that are in Group 9.

Andrew Lowerson, MG’s Product Manager, remarked that the carmaker managed to build a car that is “very affordable, fantastic fun to drive and probably offers more personal styling options than any other car in its class.“ [source: MG]

Topics: mg

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