New MG3 prices to start at at £8399

MG has revealed that all models in its new MG3 range will cost less than £10,000 without options. List prices prices start at £8399 – and end at £9999 – making this hatchback a hopefully tempting proposition for younger buyers. It would seem that the company is taking the high value path with its prices, learning from the mistakes made at the MG6 launch.

All models are fitted with front LEDs, electronic hill hold as standard, with all but the entry model featuring a DAB stereo.  With six airbags, electronic stability control, corner brake control and traction control, there is a good range of safety equipment standard on all MG3s.

There are four trim levels -  the entry model MG3 3TIME costs £8399 and features a CD player with MP3 compatibility and aux-in in addition to all the standard features on all MG3s. The mid-range MG3 3FORM available for £9299 gets air conditioning, a DAB radio,  Bluetooth and audio streaming, a leather MG-design steering wheel with red stitching and steering wheel audio controls. The MG3 3FORM SPORT includes all the features of the mid-range 3FORM with the sports body styling pack and 16-inch Carousel alloy wheels at £9549.

The top MG3 3STYLE has 16-inch Diamond alloy wheel and a sports body styling pack that includes a rear boot spoiler and side sill extensions. Standard features include cruise control, automatic lights and  wipers plus reverse parking sensors. It's priced at £9999.

The company has confirmed that insurance groupings start at 4E, which it says is half that of comparable cars to the 1.5-litre MG6, although VED rates are yet to be confirmed.